Life (and the housing market) next to the Rockies is pretty golden.
So the Denver Broncos are not the Super Bowl champs of 2014. It wasn't quite the intense matchup Denverites were hoping for - in fact, I'm glad I didn't bet on it. After the sorrows were washed away, though, the fact remains that the metro Denver area is a pretty great place to live. On top of that, it's a growing city with strong property values and low interest rates, making a home in the Mile High City a great investment.
If you are new to Denver or thinking about making a move, there's lots of information out there to get a feel for different neighborhoods, both within city limits and in the surrounding suburbs. With the influx of new residents in the past couple of years - it was the 2nd fastest growing large city in the U.S. in 2013 according to Census Bureau data - it's caused the rental market to skyrocket, raising rental prices along with it. This makes buying a home here either as a primary residence or rental property a very practical and profitable option.
To see what you are qualified to get a mortgage for, talk to a Vertex loan officer today. On the flip side, if you've always wanted to downsize or try living in a different neighborhood, this is also a great time to sell in the Denver market. High home values mean you can sell the larger house you no longer need and afford a downtown loft. To get a sense for home price trends, check here. Combining the Rocky mountain quality of life with a booming housing market makes putting roots down here a very wise investment.
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