The Denver housing market in August 2023 demonstrated a delicate balance between demand, pricing, and inventory. Despite a slight dip in the median closed price and a reduction in home closings compared to the previous year, the market exhibited resilience, especially in the luxury segment.
Inventory constraints persisted, influencing the pricing trends and posing challenges for prospective buyers. The rental market witnessed notable growth, reflecting shifting preferences and demand patterns. As the market dynamics continue to evolve, staying informed about these trends is crucial for both buyers and sellers to make informed decisions in the ever-changing real estate landscape.
Denver Metro Housing Market Trends 2023
August 2023 brought notable shifts in the Denver housing market, reflecting the evolving dynamics of demand, pricing, and inventory. Let's delve into the key trends released by REcolorado that defined the real estate landscape for this month.
1. Median Closed Price and Negotiation Trends
The median closed price of a home in the Denver Metro area continued its recent trend, seeing a slight dip for the second consecutive month after reaching its peak in June. The market has been characterized by robust demand, allowing little room for negotiation on prices. Homes closed at a solid 98% of the asking price in August.
2. Home Closings and Luxury Market Insights
The number of home closings experienced a seasonal uptick from July to August. However, compared to the previous year, there were 12% fewer closings. This decline is attributed to the combination of strong home prices and higher interest rates, which deter some buyers. Notably, the luxury market, defined by homes priced at $2M or more, showed resilience with a remarkable 31% increase in closings year over year.
3. Inventory and New Listings
While new listings ticked up slightly from the previous month, the overall inventory levels in the Denver Metro area remained low, down 7% from last year. Homeowners hesitated to trade their low mortgage rates for new homes, contributing to this trend. The $500,000-$600,000 price range witnessed the most fresh listings.
4. Rental Market Dynamics
In August, 341 properties were leased using the REcolorado MLS, marking a 17% increase from the same period last year. Single-family homes dominated the rental market, constituting over half of the leased properties. The median leased price increased by 5%, reflecting the evolving dynamics of the rental market.
5. Median Closed Price and Days on Market
The median closed price for a Denver Metro area home in August was $582,700, showing a 1% increase from the previous year. After peaking in June, home prices experienced two consecutive months of slight decreases. Additionally, homes spent 12 days in the Multiple Listing Service (MLS) in August, one day longer than the previous year, indicating a slightly longer time on the market.
ALSO READ: Colorado housing market forecast & trends
Denver Rental Market Stats
As of September 2023, the rental market in Denver, CO presents a dynamic landscape with fluctuations in rental prices and diverse neighborhood options for both potential renters and buyers. Let's delve into the latest statistics provided by Zumper to give you a comprehensive overview.
1. Average Rent Trends
As of September 2023, the average rent for a 1-bedroom apartment in Denver stands at $1,803, marking a 6% increase compared to the previous year. This price point showcases the evolving dynamics of the Denver rental market and emphasizes the need for careful consideration when seeking rental accommodations.
2. Household Composition
Denver's rental market is characterized by a balanced composition of households, with 50% renter-occupied households and an equal 50% owner-occupied households. This equilibrium indicates a diverse mix of housing preferences and a robust demand for both rental and owned residences.
3. Neighborhood Affordability
Denver offers a range of neighborhoods catering to varying budget constraints. The most affordable neighborhoods in terms of average rent include Congress Park at approximately $1,322/month, Hampden South at about $1,500/month, and City Park West with an average rent of $1,701/month. These neighborhoods present viable options for those looking for cost-effective living choices.
4. Neighborhoods by Rent Averages
On the other end of the spectrum, Denver boasts some upscale neighborhoods with higher rental averages. Notable among these are Cherry Creek with an average rent of $3,000/month, LoDo at approximately $2,395/month, and Jefferson Park with an average rent of $1,985/month. These areas offer a more luxurious living experience but come at a premium price.
5. Popular Neighborhoods and Unit Types
Denver's popularity is reflected in its diverse neighborhoods, with some standing out in terms of listings. Five Points leads with a substantial 555 listings, followed closely by LoDo with 353 listings, and Capitol Hill with 273 places. This diversity in options ensures that potential renters have ample choices.
6. Rental Trends for Different Unit Types
Over the past month, rental trends have varied for different unit types. The average rent for a studio apartment increased by 3% to $1,545, while the average rent for a 1-bedroom apartment saw a -1% decrease, settling at $1,803. Similarly, the average rent for a 2-bedroom apartment also decreased by -1%, amounting to $2,408.
Denver Housing Market Forecast 2023-2024: Will it Crash?
What are the Denver real estate market predictions for the next twelve months? Denver has a track record of being one of the best long-term real estate investments in the U.S. Denver's strong economy gives buyers the ability to spend more on housing, consequently increasing real estate prices. Home values have risen so much over the past six or seven years that affordability has become an issue for a person earning the median income in this area.
Current Market Snapshot
The Denver housing market has been a topic of keen interest, especially regarding its potential for a market crash and the trajectory of housing prices. To shed light on this, we turn to data sourced from Zillow, providing valuable insights into the current state of the Denver-Aurora-Lakewood housing market and predictions for the upcoming months.
As of August 31, 2023, the average home value in Denver-Aurora-Lakewood stands at $576,604, reflecting a 4.6% decrease over the past year. Furthermore, homes are going to pending status in approximately 10 days, indicating a relatively fast-paced market.
Looking ahead, the 1-year market forecast as of August 31, 2023, suggests a growth rate of 3.5%. This projection points to a cautiously optimistic outlook for the Denver housing market, indicating a potential recovery from the recent dip in home values.
Sales and Pricing Trends
In the recent past, the market witnessed a median sale to list ratio of 1.000 as of July 31, 2023. Moreover, data from the same date reveals that 43.0% of sales occurred over the list price, while 34.0% of sales were under the list price. These statistics suggest a competitive market with varying pricing dynamics.
Market Stability and Days to Pending
One of the indicators of market stability is the median days to pending, which stood at 10 days as of August 31, 2023. This relatively short duration indicates a market where properties are swiftly moving to pending status, underlining the demand for homes in the Denver area.
Market Concerns: Housing Price Trends and Market Stability
Given the 4.6% decrease in average home value over the past year, there is a valid concern regarding whether housing prices are dropping in Denver. This decline raises questions about market stability and the overall health of the real estate sector in the region.
However, the 1-year market forecast of 3.5% suggests a potential recovery in the housing market, hinting at a possible stabilization of prices and an upward trajectory. While uncertainties persist, this forecast provides a degree of optimism for both potential buyers and sellers in the Denver-Aurora-Lakewood housing market.
Overall, the Denver housing market is navigating a period of fluctuation, marked by a recent decrease in average home value. The upcoming months are crucial, and the 1-year market forecast of 3.5% offers hope for a potential rebound. Vigilance and careful observation of market trends will be key to understanding the trajectory of the housing market and whether it is headed towards stability or a potential crash.
Is Denver a Good Place to Invest in Real Estate?
Should you consider Denver real estate investment? You need to drill deeper into local trends if you want to know what the market holds for real estate investors and buyers. Denver is ranked as the country's 16th-most walkable city, with 600,158 residents. It has some public transportation and is very bikeable. Downtown is the most walkable neighborhood in Denver with a Walk Score of 93.
As per Neigborhoodscout.com, a real estate data provider, one and two-bedroom single-family detached are the most common housing units in Denver. Other types of housing that are prevalent in Denver include large apartment complexes, duplexes, rowhouses, and homes converted to apartments. Single-family homes account for about 40-45% of Denver's housing units.
Denver ranked 13th for overall real estate investment and development, according to some 3,000 industry professionals surveyed and interviewed by the Urban Land Institute and PwC. Survey respondents viewed Denver's housing market even more favorably, collectively ranking it ninth overall.
Of greater importance to real estate investors in Denver is that the area is growing in population. The jobs are increasing and so are the number of renters. It is the largest and capital city of Colorado, home to roughly 700,000 people. The Denver metropolitan area is home to around 2.7 million people. The population has increased by 1.33% since 2019. The Denver-Aurora, Colorado statistical area is home to about three and a half million people.
It has a low unemployment rate of 3% unchanged from 3.30 last month and down from 6.70% one year ago, according to the U.S. Bureau of Labor Statistics. A third of the population of the Denver metro area rents. All these are excellent signs of investors looking to buy a rental property in Denver. Despite the recent cooling off, there are several reasons to consider a long-term investment in the Denver real estate market.
Shortage of housing for a growing population, a strong economy & increasing jobs have been fueling the demand in the Denver housing market for the past many years. Denver is a key trade point for the country, and home to several large corporations in the central United States. It was named 6th on Forbes Magazine’s “Best Places for Business and Careers.” Denver South is home to 7 Fortune 500 companies. It is also home to mining and energy companies such as Halliburton, Smith International, Newmont Mining, and Noble Energy.
Let’s take a look at the number of positive things going on in the Denver real estate market which can help investors who are keen to buy an investment property in this city. We’ll address the biggest factor pulling people to the Denver housing market next.
How Was the Housing Market in Denver Last Year?
Two halves define 2022. According to DMAR's year-end report, low inventory drove the fast-paced housing market to record prices in the first half of the year. As economic conditions worsened in the second half of the year, many homebuyers reconsidered or delayed their purchase. Housing was decent in 2022.
Supply and demand determine market values. 1,184 active postings began in 2022. February had 1,226. Monthly new listings affect inventory levels. 2022 saw 60,164 new listings, 9.3% fewer than in 2021. New listings fell in 2022. Like new listings, closed transactions fell from 2021's record 64,105. 50,743 closings were 20.84% lower than last year.
Why are fewer homeowners selling? Most homeowners refinanced below 5%. The homeowner suffers in a higher mortgage rate environment. If you sell with a 3.5 percent mortgage, the new mortgage on the replacement house may be over six percent. The extra cost will burden homeowners. Months of inventory is another market indicator. MOI analyses supply and demand for active and closed listings.
A low MOI indicates a tight supply and gives sellers the advantage. This has been the Denver housing market since 2012. 2022 averaged 1.26 MOI. The lowest MOI was 0.56 in 2021. January's 0.42 MOI compares considerably with December's 1.75 MOI. Balance? Does the four-to-five-month balanced market criterion still apply? Buyers have the upper hand due to historically low inventory. Two-to-2.5 months may be the new standard. Does balancing feel like this?
Freddie Mac's primary mortgage market survey reported a 2.96 percent 30-year fixed rate in 2021. We finished 2022 at 6.42 percent, up 3.46 points in 12 months, reaching 7.08 percent in October and November. Higher rates induced buyer payment shock and slowed activity. 2022 indicates a market in transition from highs to lows. The average closing price reached a record $721,767 in April but dipped to $637,852 in December.
The median closing price was $616,500 in April and $554,990 in December. In 2022, the median closing price was $588,000, up 12% from last year. MLS days set new lows. MLS averaged eight days in April, but 43 days in December. February through May had MLS median days of four, and December had 30. Despite the feeling, 2022's Denver housing market was good.
Is Denver a Good Market For Rental Property Investment?
A third of the Denver metro area rents. Since housing inventory is scarce, prices are going up much faster than wages, and the younger population is more comfortable renting than owning, the Denver housing market is seeing a rapid rise in its rental market. The sheer demand for housing stock is making it profitable to break up large homes into multiple apartments.
Denver remains more expensive than other Colorado cities, including Fort Collins and Colorado Springs, and other major metro areas such as Phoenix and Charlotte, but considerably below California-based rent leaders and more. If Forbes could recommend this as a Denver real estate market investment strategy in 2016, it can be seriously considered today.
They said that any single-family home in the Denver housing market could be considered a good rental property due to the rapid rise in home prices. Denver Has A Large Student Population For Rental Homes. The college market presents a unique opportunity for landlords. There is a constant stream of people who will only rent unless they choose to stay after graduation. They may rent a while longer before feeling secure enough to buy a house.
Buying investment real estate in a college town is high risk. After all, when a college like Evergreen State scares off students or simply fails to attract them like many classics, private liberal arts schools that found themselves rendered redundant after brand-name schools opened their doors, there’s less demand for the rental of the house as a permanent residence.
You don’t have that problem in Denver since there are so many colleges in the Denver area. Schools range from the massive community college network to the 400-student Bel-Rea Institute of Animal Technology. American Sentinel University in Aurora is home to 2600 students, while the Metropolitan State College of Denver has more than 20,000 students.
The Colorado School of Healing Arts has only 100 students, while Colorado Christian University has more than 7000. Yes, the Denver real estate market for those who want to cater to students is diverse. You could invest in rental real estate near any of these colleges, knowing you could rent or sell to people that simply want to live in the area if student demand slacks off.
Denver Rent Prices Are Going Up
Dense urban areas are seeing weaker rental prices and drops in average rents, while some suburban sunbelt areas project small increases in rents. The main reason is working people relocating to less expensive and less dense areas. The July 2023 Rent Report from Apartment List reveals that Denver rents increased over the past month.
Currently, the overall median rent in the city stands at $1,595, after rising 0.7% last month. Prices remain down 0.7% year-over-year. Read on to learn more about what’s been happening in the Denver rental market and how it compares to trends throughout the broader Denver metro area and the nation as a whole.
Six months into the year, rents in Denver have risen 3.5%. This is a slower rate of growth compared to what the city was experiencing at this point last year: from January to June 2022 rents had increased 5.5%. Denver rents went up 0.7% in the past month, compared to the national rate of 0.4%. Among the nation's 100 largest cities, this ranks #41. Similar monthly rent growth took place in North Las Vegas, NV (0.7%) and Long Beach, CA (0.6%).
The “Zumper Denver Metro Area Report” analyzed active listings last month across the metro cities to show the most and least expensive cities and cities with the fastest growing rents. The Colorado one bedroom median rent was $1,538 last month. Golden was the most expensive city with rent priced at $1,850 whereas Laramie was the most affordable city with one bedrooms priced at $810.
These cities look good for rental property investment this year as rents are growing over there.
The Fastest Growing Cities For Rents in the Denver Metro Area (Y/Y%)
- Greeley had the fastest growing rent, up 21.9% since this time last year.
- Englewood saw rent climb 14.6%, making it second.
- Longmont ranked as third with rent increasing 5.9%.
The Fastest Growing Cities For Rents in the Denver Metro Area (M/M%)
- Englewood had the largest monthly growth rate, up 5.7%.
- Boulder rent climbed 3.4% last month, making it the second fastest growing.
- Littleton was third with rent increasing 2.4%.
Denver Is Relatively Landlord-Friendly
Colorado is relatively landlord-friendly; compare it to the West coast, and it is a landlord’s dream. You don’t have to give tenants notice that you’re entering a property. You can quickly begin evictions if they haven’t paid the rent. That protects your investment in the Denver housing market. There’s no limit on late fees.
There are no state laws that prevent you from rekeying the locks after evicting them. If they violate the lease, give them formal notice. The tenants then have 72 hours to correct the issue or move out. If they don’t comply with notices, then you can go to court. If the court agrees with you, the sheriff gives the tenants 48 hours to move out before forcing them out.
Denver's Limited Room to Grow Keeps Housing Supply Tight
Many of the fastest-growing markets in the US are along the Front Range, a part of the Southern Rocky Mountains. While there are houses in the hills, it is a lot harder to build on the mountainous landscape than on flat plains. In Denver’s case, the massive national forests and Rocky Mountain Park to the west of Denver and its suburbs prevent the expansion of the Denver housing market in that direction. This keeps home prices higher than they’d be in places like Dallas.
The residential median home price in Denver hovers around $530K. That’s a steal for the migrants from California, but the sheer numbers of them coming in is pricing locals out of the housing market. The median monthly rent here – and that includes one-bedroom apartments – is around $1100 a month. Note that you could get much more for a spacious single-family home for rent or a large condo. With a 3 bedroom detached single-family home, you could receive well over $2000 per month in rent. You’ll find strong ROI numbers for the Denver real estate market.
Denver's Quality of Life
We can joke about the people who moved to Colorado decades ago, inspired by the movie “Rocky Mountain High”. We’re not going to joke about the overhyped medical marijuana industry there today. U.S. News & World Report published its list of the “150 Best Places to Live in the U.S.,” and four of the top five cities are right here in Colorado: Boulder (1), Denver (2), Colorado Springs (4), and Fort Collins (5). Denver was the second-best city to live on that list.
The area was a little lower in value than many like, but it ranked high on jobs, quality of life, and desirability. It is a beautiful city to live near the mountains – located on the western edge of the exquisitely beautiful High Plains. It is exactly one mile high above sea level and has the largest city park system in the nation, with 14,000 acres of mountain parks and 2,500 acres of natural areas.
That isn’t enough on its own to draw huge numbers of people to the Denver real estate market, but it is a factor. It has become the 19th most populous city in the nation. The metro area population of Denver (as of 2020) is 2,827,000, a 1.33% increase from 2019 (Macrotrends.net).
Denver was ranked as a Beta world city by the Globalization and World Cities Research Network. It has been one of the fastest-growing major cities in the United States, and real estate investments provide a direct way to participate in the strong growth of these economies. The strength of the overall economy significantly impacts the real estate market.
Denver's Strong Economy & Jobs Boost Its Housing Market
Job growth directly affects the real estate market. Demand for all types of real estate increases with the number of local jobs, as during periods of economic development or boom. Jobs are a major reason why people move to Denver in the first place. Denver’s unemployment rate has been well below the national average for years.
The BLS reported that the unemployment rate for Denver rose 0.1 percentage points in September 2022 to 3.3%. For the same month, the metro unemployment rate was 0.1 percentage points lower than the Colorado rate. The unemployment rate in Denver peaked in May 2020 at 12.6% and is now 9.3 percentage points lower. From a post-peak low of 3.2% in August 2022, the unemployment rate has now grown by 0.1 percentage points
Forbes ranked Denver as the number one Best Place for Business and Careers in 2015. Additionally, the magazine placed Denver 16th for employment growth and 20th for education. When one considers the huge oil and government sectors, as well as the rapidly expanding aerospace and technology businesses, it's no surprise that Denver is seeing such a big job boom.
The National Renewable Energy Laboratory contracts for research and development while companies such as Halliburton profit from a profitable oil play. Aerospace and technology positions are available at Ball Aerospace, Raytheon, and Lockheed-Martin, whilst software engineers are in demand at Rocket Software, StorageTek, and Sun Microsystems.
That explains why Denver is one of the top cities for in-migration, attracting people from all over the state as well as the country. Due to its proximity to the mineral-rich Rocky Mountains, Denver has long been a home for mining and energy companies such as Halliburton, Smith International, Newmont Mining, and Noble Energy. The top 25 employers in Metro Denver include government and municipal organizations, and corporations.
Denver Technological Center, better known as The Denver Tech Center or DTC, is a business and economic trading center located in Colorado in the southeastern portion of the Denver Metropolitan Area, within portions of the cities of Denver and Greenwood Village. It is home to several major businesses and corporations.
The U.S. Government is the largest employer in Metro Denver. The Department of the Interior includes such agencies as the Bureau of Land Management, Office of Surface Mining and Reclamation, and Bureau of Reclamation, and all have offices in or near the Denver Metro area. Another top employer in the Denver Metro Area is the State of Colorado.
It employs nearly 30,000 people in the Denver Metro area. As the capital and largest city in the state, Denver hosts the State of Colorado in multiple locations. Centura Health is one of the top 25 employers in the metro Denver area. Its massive healthcare network includes 15 hospitals, eight affiliate hospitals, health neighborhoods, health at home, urgent care centers, emergency centers, mountain clinics, 100-plus physician practices, clinics, and Flight for Life Colorado.
Denver is well known for its proximity to the Rockies. Other attractions in the area include but are not limited to the Denver Zoo and the Denver Botanic Gardens. Many of those 30 million tourists would love to have rented a house or apartment for their visit instead of a hotel. Then there’s the business traveler. Denver hosts around 80 conventions a year, too.
Whether someone is staying for a week for a convention or working a contract job in the tourism industry, this drives demand for short-term rentals that can be incredibly profitable. Renting on sites like Airbnb is legal if you have a business license, though around half of the Airbnb rentals are thought to be violating that rule. Denver is particularly progressive in allowing people to rent out their homes and apartments on Airbnb, though landlords may not agree with it.
Known Areas of Redevelopment
You don’t want to invest in the Denver housing market and end up losing money because the neighborhood is going downhill. Conversely, areas slated for redevelopment will almost certainly go up. And Denver has known and planned for areas of redevelopment. Downtown Denver saw multiple infill projects downtown ten years ago. Redevelopment is planned around Elitch Gardens today.
Key trade point for the country – Denver is home to several large corporations in the central United States. Denver South is home to 7 Fortune 500 companies. Denver was named 6th on Forbes Magazine’s “Best Places for Business and Careers.” Home for mining and energy companies such as Halliburton, Smith International, Newmont Mining, and Noble Energy.
Denver's Demographic Momentum
At first glance, the average age of 36 for residents versus 40 for the national average doesn’t sound too promising. However, this long-established city has already been noted as a great place to retire. That pulls the average age up. The coolness factor and job market attract equal numbers of young adults. That is why Millennials make up about 22% of Denver’s population. And given the job market and quality of life, they’ll probably stay here to raise families, generating more demand for the Denver housing market.
Generation X made that decision, too, which is why roughly a quarter of residents are under the age of 20. Additions to the local labor force tend to drive rents and prices up on properties in the vicinity and result in the local construction of homes and apartments. That will propel the Denver real estate market for decades to come.
Denver Colorado Real Estate Investment Markets
Investing in Denver's real estate can be a worthy investment due to a steady rate of appreciation. There are many reasons why the Denver real estate market is going strong today and is certain to remain strong for years to come. You cannot afford to miss out on this growing and appreciating real estate market. Good cash flow from Denver investment properties means the investment is, needless to say, profitable.
On the other hand, a bad cash flow means you won’t have money on hand to repay your debt. Therefore, finding a good Denver real estate investment opportunity would be key to your success. Even as Denver home prices have reached new heights, the market remains attractive to residential real estate investors in the $300,000 to $399,000 price range. As they continue to compete for potential investment properties at the lower end of the market, the challenges for first-time homebuyers will remain.
The homebuyers won’t be able to outbid real estate investors and would end up renting. The high prices combined with the lack of higher gains have slowed down fixing and flipping investment properties in Denver. The best investment is now looking for a rental property that will generate good cash flow. Your best tenants would be the retirees who intend to relocate to Denver and want to purchase property to rent out. The three most important factors when buying real estate anywhere are location, location, and location.
The location creates desirability. Desirability brings demand. There should be a natural and upcoming high demand for rental properties. Demand would raise the price of your Denver investment property and you should be able to flip it for a lump sum profit. The neighborhoods in Denver must be safe to live in and should have a low crime rate. The neighborhoods should be close to basic amenities, public services, schools, and shopping malls.
Some of the popular neighborhoods for buying a house or an investment property in Denver are Jefferson Park, Berkeley, Park Hill, Cheesman Park, Congress Park, Hilltop, Sunnyside, Capitol Hill, Highland, Platte Park, Stapleton, Reunion, Cherry Creek, Aspen, and Washington Park.
Denver housing prices are not only among the most expensive in Colorado but they are also some of the most expensive in all of the United States. It depends on how much you are looking to spend and if you are wanting smaller investment properties or larger deals such as duplex and triplex in Class A neighborhoods. As with any real estate purchase, act wisely. Evaluate the specifics of the Denver housing market at the time you intend to purchase. Hiring a local property management company can help in finding tenants for your investment property in Denver.
The inventory is low, but opportunities are there. According to Realtor.com, there are 69 neighborhoods in Denver, where properties are available for sale. If you think of investing in Denver, you have decided on a long-term investment property. Here are the ten neighborhoods in Denver having the highest real estate appreciation rates since 2000—List by Neigborhoodscout.com.
- Victory Crossing
- Stapleton South
- Stapleton East
- Stapleton North
- Stapleton Southeast
- City Center
- W 14th Ave / Quitman St
Colorado Springs is another sizzling hot market for real estate investment in 2020. The Colorado Springs real estate market contains several large populations of renters, many practical reasons for people to move here from the surrounding area and across the country, and long-term factors that will drive growth for years to come. Forget the Mile High City and invest in the Colorado Springs real estate market.
Aurora is a fairly large city on the east side of Denver. Its proximity to Denver has long kept it in the realm of the Denver suburb. The Aurora real estate market 2020 is seeing rising prices & rents. Aurora, Colorado is more than a growing suburb. It is a large, thriving city in its own right. It has a bright future, and it is poised for rapid appreciation and increasing rental rates. This is a good time to invest in the Aurora real estate market.
Boulder real estate market is another good place to buy investment properties. Boulder is located in northern Colorado. The Boulder metro area is becoming a high-tech hub, driving up rental rates and property values. Others are lured here by the promise of high-paying jobs or attending school somewhere they can intern at Big Tech firms without paying a fortune. Boulder’s economy is stabilized by the presence of government research institutes and the proximity to Denver’s buzzing economy.
Buying or selling real estate, for a majority of investors, is one of the most important decisions they will make. Choosing a real estate professional/counselor continues to be a vital part of this process. They are well-informed about critical factors that affect your specific market areas, such as changes in market conditions, market forecasts, consumer attitudes, best locations, timing, and interest rates.
NORADA REAL ESTATE INVESTMENTS has extensive experience investing in turnkey real estate and cash-flow properties. We strive to set the standard for our industry and inspire others by raising the bar on providing exceptional real estate investment opportunities in many other growth markets in the United States. We can help you succeed by minimizing risk and maximizing the profitability of your investment property in Denver, Colorado.
Consult with one of the investment counselors who can help build you a custom portfolio of Denver turnkey properties. These are “Cash-Flow Rental Properties” located in some of the best neighborhoods of Denver. Not just limited to Denver or Colorado but you can also invest in some of the best real estate markets in the United States. All you have to do is fill up this form and schedule a consultation at your convenience. We’re standing by to help you take the guesswork out of real estate investing. By researching and structuring complete Denver turnkey real estate investments, we help you succeed by minimizing risk and maximizing profitability.
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This article shouldn't be used to make real estate or financial decisions. Some of this article's information came from referenced websites. Norada Real Estate Investments provides no express or implied claims, warranties, or guarantees that the material is accurate, reliable, or current. All information should be validated using the below references. Norada Real Estate Investments does not predict the future US housing market. This post educated investors on Denver real estate. Buying a rental property needs research, planning, and budgeting. Not all investments are good. Always do research and consult a real estate investment counselor.
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