Post details: Tough News for the Pocket Book

02/27/15

Permalink 11:17:17 am, Categories: News, Background, Real Estate, 145 words   English (US)

Tough News for the Pocket Book

The Denver Post printed an article yesterday that compared Denver to a city famous for outlandish home prices and cost of living. "Denver matches San Francisco for highest inflation rate in 2014...What Denver shared with San Francisco was a shortage of housing that drove up rents and home prices. Houston and Denver, to a lesser degree, benefited from the domestic oil boom last year." According to article author, Aldo Svaldo.

How does this translate in lay terms? Invest in Denver now, but then compete with dozens of others trying to do the same thing at the same time. Denver is in high demand. The metro area has grown by 10,000+ people over the past year.

"Denver-Boulder-Greeley area rents showed a 5.9 percent increase in the second half of the year, while a comparable measure for homeowner costs rose 5.1 percent." Ugh! Read the entire article for more info...

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Passionately Urban

Welcome to my journey. My name is Kirstan Borne (formerly Kirstan Marks) and I'm an active community member, a Denver Realtor, and business owner who moved from the suburbs to the city of Denver, nearly 10 years ago. It's a change of pace, a change of lifestyle, and a definite move for the better! I have great knowledge and experience in residential, commercial and investment real estate since 2001. Currently, I specialize in commercial real estate sales and leasing with my firm Location Innovators, Llc.

Kirstan Denver Realtor

To connect with me, email me at kmarks@TopDenverAgent.com. To search for a new home in the Denver metro area, please visit here .

Disclaimer: Regarding information throughout this blog that may appear to be advice - be sure to consult with your own qualified CPA and/or attorney concerning any legal matter.

Connect with me on Facebook Kirstan Marks, Kirstan Marks, Realtor (Location Innovators Llc): Commercial Real Estate Agent in Denver, CO

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