Colorado Real Estate: The Top Cities

Lying at the foothills of the mighty Rocky Mountains, the state of Colorado with an average elevation of 6,800 feet is the state with the highest elevation in the United States. Its capital and largest city, Denver, is nicknamed "The Mile-High City" because its official elevation, measured on the fifteenth step of the state capitol building's west side, is one statute mile (5,280 feet or 1,609 meters) above sea level. Colorado Springs is the second largest city in Colorado, while Boulder and Fort Collins are two other hot spots.

The entire state offers landscapes of striking beauty with mountains and plateaus and is rich in gold, silver, and other minerals. Once primarily a mining and agricultural state, Colorado's economy is even now driven by mining and energy industries, telecommunications, defense and other service industries. It is also a large employer of federal workers with many federal government offices located in Denver.

From a real estate point of view all four cities have been witnessing a developmental boom for several years now. While Denver has witnessed an explosion of development downtown in recent years with the Downtown Denver Partnership estimating that 13,760 residential units have been built in the city