The word is out: Denver tops the charts of major US cities in real estate appreciation in the last year.
For those who know the Denver real estate market and have watched it climb in the last few years, this may not come as a surprise. For others, or newcomers to Denver and the Denver real estate market, it may seem surreal that Denver has surpassed the likes of Seattle, San Francisco, and even New York in the past year’s appreciation.
Reasons for the extremely strong Denver market and year over year performance are many. A strong employment market coupled with great outdoor access has pushed Colorado’s capital to the top of the list for young professionals seeking to balance work with a healthy lifestyle. In addition, substantial recent redevelopment in Denver’s urban areas and the completion of light rail infrastructure have helped the city to create a progressive image that has had a snowball effect among people seeking a progressive city to live in.
The variety of housing and neighborhoods in the Denver Metropolitan Area also offers home buyers an immense variety of homes to choose from. Whether a buyer is looking for a hip urban loft in LoDo, a charming brick home in the Highlands around the corner from a street corner cafe, or a house adjacent to open space with mountain views, Denver is the place to be.
To read the entire Bloomberg article, go to http://bloom.bg/1xSOQl2
Conan Bliss
