Denver Ranked Among Top Housing Markets by Forbes Magazine

Forbes Magazine named Denver as among the top housing markets for investors.

Forbes relied on Cary, NC-based real estate research firm Local Market Monitor to select the best markets for conservative investors. The firm reviewed metropolitan areas with population over 400,000 on such factors as population and job growth, change in housing prices, and diversity of jobs in the area.

According to Forbes, "Two years ago the idea of putting money behind real estate ventures seemed too risky for even the most reckless of capitalists. But investor skittishness about the real estate market is slipping away, and speculators are seeing value in distressed markets."

Denver ranked 8th on the list, while Raleigh, North Carolina was reported as the most attractive city for investors.