After purchasing your new home and getting settled, you might find yourself a little overwhelmed by all that Denver has to offer. Some say that Denver has it all, and they just might be right. From its bustling downtown to its variety of well-preserved historic districts, this city is a cosmopolitan place to live that is affordable in comparison to other major metropolitan areas in the US. Homes.com can help you find a great place to call your own in Denver.
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Denver has great schools, the variety of entertainment and professional sports options that you'd expect from a city twice its size, a fantastic climate and wonderful city parks, community centers, and access to alternative transportation to ease the commute from your new home. All of these features make the area a consistent feature on top lists of places to live. And they call it the Mile High City for a reason; surrounded by the absolutely breathtaking Rocky Mountains, Denver affords its residents with the opportunity to scale mountains, traverse streams, and ski the powder of the Rocky Mountain State. If golf is more your thing, don't worry: the city boasts more than seventy golf courses. Denver residents take great pride in their more than 200 city parks and green spaces, and no matter what neighborhood you end up purchasing your new home in, you will have access to some of the more than 140,000 acres of open space set aside in the greater metropolitan area. If your leisure tastes run more in the direction of arts, culture and shopping, however, you can take in a Broadway tour, ballet, or opera at the Denver Center for the Performing Arts; peruse the fantastic collections of the Denver Art Museum and Denver Museum of Contemporary Art; or enjoy shopping and dining in a variety of neighborhood boutiques and bistros. If sports is more your speed, you'd be hard-pressed to find a more livable city with all major league franchises, including the Denver Nuggets of the NBA, the Denver Broncos of the NFL, the Colorado Rockies of Major League Baseball, and the two-time Stanley cup winning Colorado Avalanche, as well as professional lacrosse, arena football and a host of other sports teams.
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Buyer Interest Accelerates in Homes for Sale in Denver
Denver's real estate climate is bolstered by a number of unique factors, including a healthy, increasingly diverse regional economy, enviable natural assets and an ample supply of undeveloped land on its fringes. By several different metrics, the metro area is among the country's most vibrant and attractive markets. This presents a tremendous opportunity for individuals and families seeking homes for sale in Denver.
The Denver real estate market is characterized by consistent demand from prospective buyers. On the whole, the region's population is more mobile and affluent than that of the archetypal U.S. metro area. Although its headcount has grown consistently for the past several decades, relatively lax zoning laws and plenty of available land have permitted housing starts to keep pace. As such, this demand has not pushed prices to the stratospheric heights that bedevil some coastal markets.
Perennially High Quality of Life Metrics
Denver's iconic mountain views and pleasant climate draw young, active transplants who seek adventure but wish not to sacrifice the economic opportunities characteristic of a dynamic urban area. This appeal is self-sustaining: Denver's reputation as a youthful, outdoorsy and eclectic city makes it yet more attractive to outsiders and ensures a steady supply of newcomers throughout the region. A robust transportation network that includes high-capacity urban Interstates and a reliable light rail network reduces commute times and facilitates cultural connections between different parts of the region.
Sound Economic Support
Denver has a diverse economy that tends to weather national downturns well. The region's most important sectors include healthcare, energy services, pharmaceuticals, high-tech manufacturing, financial services and education. Denver also has a robust tourist economy that draws a consistent supply of newcomers to the region. Outlying areas of the region have long appealed to retirees and owners of vacation homes, but recent years have seen increasing interest from these groups in Denver's central neighborhoods as well. This has knock-on benefits throughout the region's urban core. From the well-preserved Victorian homes near downtown to the sharp townhouses and condos in the Tech Center district, Denver's varied housing types appeal to buyers from all demographic groups and support a strong local construction industry.
Opportunities for Buyers of Denver Homes for Sale
These secular factors underpin a perennially strong housing market. Although all markets experience fluctuations in demand, supply and pricing, Denver's real estate climate looks poised to enjoy continued momentum for the foreseeable future. With more than 60 percent of listed homes selling within a two-month period, the brisk pace of the city's home sales consistently places the region among the top 10 U.S. metro areas for this metric.
While the variety of available housing types and the rate at which they come onto the market both ensure that buyers can find appealing properties, fast sales do result in healthy year-over-year price increases. After closing on a home, then, the typical Denver-area buyer sees an impressive return on his or her investment. When it comes time to sell, this can be a boon. Going forward, Denver homes for sale look likely to command strong interest from prospective buyers - and provide years of enjoyment for their eventual owners.
Though you might be tempted to associate Denver's elevation with inclement weather, once you purchase and settle into your new home in the Mile High City, you'll find that the climate is a pleasant as the rest of the city around you. If you're not at a point where purchasing a home is an option, then get all your apartment-hunting needs covered, and find tons of Denver Apartments at ForRent.com now.