When people in Denver think of the number seven, it is usually associated with John Elway; however, a new Forbes magazine reports ranks Denver as the 7th best city in which to sell a home.
While a 6.4 percent drop in prices last year had a chilling effect on the market, this year things have been different. The vacancy rate reduced by 20% over last year. There has been a large decline in new construction starts (down 49%) and the job market is looking very healthy with a 2% rise!
To read the full article with more detail on the report ranking, click here!
-Katie4Homes
I've had several clients interested in the Stapleton area of Denver. All of the builders have done a really great job of urban planning and building to preserve a real sense of community. Last Sunday (3/31/08) I had a chance to take a look at some the KB Homes by Martha Stewart. These really look nice and my clients have really had good luck with this builder. I snapped some pictures for anyone interested in how they look inside and out. Base prices right now are between 319k and 379k with most buyers planning approx. 20% additional for upgrades. If you want a tour, give me a call.
-Katie4Homes
According to this CNN / Money article, Denver is one of the top ten places in the country to live and launch a business. They ranked Denver 7th in the top 100 rankings.
Denver has a great downtown area that when coupled with the Rocky Mountain recreation, make for an unbeatable combination.
The Denver metro area has been working diligently to address traffic issues with the expansion of the light rail system and some long-term traffic planning strategies.
Denver also happens to have a large percentage of college-educated professionals. This allows entrepreneurs to tap into a fantastic work pool. There is also a large diversity to the Denver area economy that is not just focused on energy. Denver has experienced a great deal of growth in financial services, defense contracting / aerospace, health care, etc.
This is a truely deserved accolade for the Denver area!
-Katie4Homes
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Preferred Properties Real Estate Broker: e-Pro, GRI - Denver, CO Serving the Denver metro area. I can also help with mountain properties via my great referral network
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