As pointed out by Forbes Magazine in its recent article "Ten Cities Where Americans Are Relocating", the Denver metropolitan area continues to be a popular destination for relocating Americans.
"Unemployment is on the rise, credit is tight, and consumers aren't spending--which means they aren't picking up and moving much either.
Very few places in America saw significant population growth in 2008. But the buzzing metropolitan area of Denver bucked that trend. Its population increased by 2.17% in 2008. In 2007, it increased by 2.09%. In 2008, Denver was the 10th-fastest growing metro area in the U.S."
Why all the interest in the Mile High City? Forbes points to several factors:
- According to an October 2008 survey conducted by Pew Research Center, Denver is the most popular city in America.
- People like it for its skiing, culture and vibrant nightlife, as well as its business opportunities.
- In January 2009, the unemployment rate in the Denver metro area was 6.5% -- two percentage points below the national average of 8.5% for the same period.
As a longtime resident of Colorado (transplanted from Minnesota), I'd add another factor to that list....our weather! While we do get the occasional blizzard or hailstorm, the Denver area is a perfect choice for those of us who enjoy having four seasons, but ones that are mild and enjoyable year-round.
Another big plus for those considering a move to our area is that the Denver real estate market has held up better than many other around the country. As reported in the Rocky Mountain News, the February 2009 S&P/Case-Shiller Home Price Index revealed that the Denver housing market was the best-performing of 20 of the largest markets at the end of last year.