Fox Business did a spot on Denver’s housing market, and why when people move here, they don’t want to leave!
Here are some reasons WHY people move to Denver -
~ Average age is 31
~ Low unemployment
~ Foreclosure rate is half of the National average
~ People move here for the life style -
Mountains, fresh air, outdoor sports
~ Median price is $244,100
~ Corporate Business Headquarters relocating to Denver
The housing inventory is extremely low and buyers are finding multiple offer situations. Investors are happy that the rental rates continue to increase.
This was a great piece on Denver’s housing market.
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