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Denver, and other Amazon HQ2 rejects, could see higher home value growth in 2019, survey says

A handful of metro areas that competed for Amazon's second headquarters are expected to outperform the national rate of home value appreciation, according to a Zillow Home Price Expectations Survey.
Credit: KUSA

Denver didn't get Amazon's HQ2, but what it may end up getting is higher-than-normal home value growth.

In the next year, a handful of metro areas that competed for Amazon's second headquarters are expected to outperform the national rate of home value appreciation, according to 2018 Q4 Zillow Home Price Expectations Survey.

Denver, Washington, D.C., Atlanta and Dallas were named as the four markets most likely to see this, according to the survey. All four were among the 20 finalists for the Amazon (Nasdaq: AMZN) HQ2.

"The quarterly survey, sponsored by Zillow and conducted by Pulsenomics LLC, asked more than 100 real estate economists and investment experts for their predictions about the U.S. housing market, including which three markets they believe are most likely to outperform the U.S., and which three are most likely to underperform in 2019," a release from Zillow Tuesday said.

Denver got the second-most votes for overperformance in the survey, second only to Washington, D.C., a winner of HQ2.

Read more at the Denver Business Journal: https://bit.ly/2UcPx5A

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