Denver Business Journal - With home prices in the Denver-Aurora housing market rising more than 11 percent in the past year, the area's housing market has been called "a top performer" in the U.S.
But Denver's "rising home prices may have an expiration date." That's according to Clear Capital, a California firm that provides real estate valuations, data and analytics. According to Clear Capital, Denver's homes — even distressed properties — are selling in less than one week, well below the national average of 42 days.
"Denver is one of the nation's most talked about markets — with a growing tech sector and an increasing popularity among millennials, home prices in the area have skyrocketed well over 11 percent since this time last year. The median price per square foot in the metro area is now well over $120, nearly double the area's market low of around $65 in 2011," according to Clear Capital. Read More at Denver Business Journal
For more information on buying Denver homes, selling Denver homes, or Rent to Own Denver homes, please visit www.MyCORealtor.com or www.RentToOwnDenverHomes.com,
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