Market & Trends

Denver setting new records in home sales and jobs

From the archive, 2014. Rates, prices and market conditions described here are as they stood then. Treat the numbers as history, and the reasoning as the part that lasts.

The news just keeps getting better for Denver and real estate investors. The latest story from the Denver Post  from a report by Metrolist shows single-family home sales in metro Denver last year beat a record set during the housing boom. There were 42,762 single family homes sold last year, compared to the record 41,682 set in 2004.

Real estate investors know jobs are a key to a healthy investing environment and Denver is near the top in that category as well.

Nerdwallet says Denver is the fourth-best city in the United States for job seekers, citing the city’s aerospace and manufacturing industries, according to a story in the Denver Post.

The criteria used for determining the best cities for job seekers were:

• Are jobs available?

• Is the city growing?

• Can you afford to live there?

Austin, Texas, ranked first, followed by Washington, D.C., and Fort Worth, Texas.

Read the full article here.

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