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Denver Real Estate Market More Affordable Now than 1979

In Denver Rentals, Market Updates by Bergan & Company

Imagine it’s 1979. The average single family home in metro Denver carries a price tag of $66,051. Don’t you wish we could go back to those days when housing was so affordable? A recent affordability study by Colorado Home Realty (CHR) came to a shocking conclusion: The average single family home in 2016, selling at $441,172, is significantly more affordable than its …

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Cities where Rents are Rising

In Denver Rentals, Market Updates by Bergan & Company

According to Bloomberg.com and new data from Zillow.com rent growth in the last 12-months has slowed but Denver is still one of othe hottest markets in the US, with growth at 3.4%. Zillow is projecting Denver rents to increase at almost double that in 2017 at 6%. Bergan and Company is projecting a soft landing coming into 2017 with rents …