As we’ve written in the past, Millennials have played a significant role in the revival of Denver’s economy. As increasing rent payments threaten to exceed monthly mortgage payments, however, Denver’s popularity among Millennials may diminish. Although worsening affordability has not discouraged Millennials’ interest in living in Denver thus far, as Millennials age and
The “Silver Tsunami” and Real Estate
You may not know it, but, as the Denver Post detailed in a recent article, the “Silver Tsunami” has reached the United States, including Colorado. While the impact thus far has been gentle, when its full magnitude arrives, “[e]verything will be impacted,” including real estate.
The “Silver Tsunami” is the moniker demographic
Highlights From CREJ’s Multifamily Housing Conference and Expo
On March 13, the Colorado Real Estate Journal hosted its annual Multifamily Owners and Managers Conference and Expo. The Conference assessed the present and future of Colorado’s multifamily housing market with an emphasis on the Denver metro area. Speakers included economists, consultants, property managers, lenders, investors, and developers. They canvassed topics ranging from the
U.S. Supreme Court Fair Housing Act Case Settles, Disparate Impact Stays Put For Now
For the second time in two years, a negotiated settlement will prevent the U.S. Supreme Court from deciding the validity of disparate impact claims under the Federal Fair Housing Act. The governing body of Mount Holly Township, New Jersey, voted November 13 to approve an out-of-court settlement in the case of Township of Mount Holly
Denver’s Housing Market in the New Year
A housing market report released by Clear Capital shows that the West region has been the front-runner of the recovery in the single-family housing market, with a strong year-end finish. The West region saw year-over-year growth of 11.8% and was the only region to see quarterly price gains in December, with 2.1% growth.
Denver has