If you are considering buying a home in Denver then don't believe the negative media hype about how horrible the market is! According to Trulia.com, Denver ranks 22 out of the top 50 cities in the US to buy a home in 2011 (link to rankings below).
Why is this? Some important reasons are these:
- Denver was not hit as hard during the 'bubble' because generally Denver citizens have higher incomes and home values were higher as well.
- Denver is quickly becoming a hub for clean and green technologies, creating hundreds of green jobs.
- The Democractic National Convention in 2008 was the 'greenest' convention in the US.
- Leading wind turbine manufactuer Vestas built two factories in the Denver area in 2008.
- The Rocky Mountain Clean Tech Open help clean technology startups get established in the Denver area.
- National Renewable Energy Laboratories (NREL) and National Center for Atmospheric Research (NCAR) are located near Golden and Boulder.
- The Rocky Mountains are an outdoor enthusiasts dream come true, with awesome hiking, biking, skiing, snowshoeing, and whitewater rafting opportunities.
- Denver is the military center of the United States, bringing many important jobs to the Front Range, from Fort Collins to Pueblo.
All these things are what attract buyers to the Denver metro area. And with historically low interest rates, and super low home prices, there has never been a better time to buy a home in the Denver area!
Photo Courtesy Denver Metro Convention Visitors Bureau.
Click here to see Trulia's Rankings of the best cities to live in.
*http://boulderdenverrealestate.files.wordpress.com/2011/02/rent_vs_buy_50cities_2011_q1.pdf
Stay true to yourself and your planet.
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