Overview - Denver, Colorado
Denver is one of the most popular cities in Colorado with a population of approximately 560 thousand with a steady growth of about 1% in the past four years. The density of population in Denver is about 3700 people per square mile. The majority of the population in Denver are white (63% approximately).
The cost of living in Denver is higher than the average USA city by about 10% and its economy has seen a steady growth in the past few years. The job scenario is also on the upward swing with a forecast of about 7% over the next ten years.
The real estate business is booming in Denver owing to its ideal location and climate> some of the most popular neighborhoods are Louisville, Lakewood, Wheat Ridge, Thornton, Broomfield and Erie. Check out the luxury homes in Brighton, Boulder and Lafayette.
Denver Real Estate
The average cost for a regular home in Denver is about US $260 thousand and in the past one year real estate in this city has seen an appreciation of about 5% which is very encouraging for people who want to relocate here.
Since this is a cosmopolitan and ultra modern city you will find all types of homes here from modest studios to the grandest of mansions that redefine the term luxury. The infrastructure in Denver is comparable if not better than the best in the country.
How to rent or buy in Denver?
About 45% of the population in Denver lives in rented homes while the rest prefer to own their property. The vacancy rate in Denver is about 5%. In case you decide that you want to live in Denver – whether you want to live in a rented home or your own – the best would be to go through a reputed real estate agency. You will find the real estate agencies to be very prompt and exceptionally sensitive to your needs and budget.
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