Metro Denver Economic Development Corporation is predicting that our population will increase another 1.14 million people by 2035 – that’s a 41% increase.
There are 51.5 million potential First Time Home Buyer’s born between 1979 and 1991, roughly 6 million MORE than we saw with Baby Boomers!
Forbes Magazine named Denver the 7th best city for young professionals for those with a college degree ages 25-34.
Combine those two facts, that there are so many First Time Home Buyers that will be ready to buy and that the Denver area is a very desirable city for young professionals, demand for housing is heading in a great direction.
If you think this is the right time for you to buy, and/or invest in rental properties, search here.
Credit goes to Lonnie Glessner at America’s Mortgage, LLC for his research and statistics in this article.