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North Metro Denver Real Estate News 7.24.2017

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A Colorado city makes top 10 for 1st-time homebuyers; here’s how 13 local cities rank
Several Colorado’s suburbs and other cities around the state may be a good choice for first-time homebuyers, according to a new report from WalletHub. The site ranked 300 cities nationwide on their suitability for first time homebuyers, including 13 cities in Colorado. Nationally, Thornton ranked #9. Of those 13 Colorado communities, WalletHub ranked eight among the 50 best in the U.S. for first-time buyers, and 11 in the top 100.

Read article – Denver Business Journal

Jump in homes for sale in Denver provides relief for buyers stuck in seller’s market
Denver’s real estate market loosened up in June, according to a market trends report by the Denver Metro Association of Realtors. Residential inventory in the Denver metro area increased nearly 20% in June compared with May. Though the market typically experiences a boost during this time of year, the inventory increase normally is closer to 6% (though last year it was 24.4%). Overall inventory rose 3.8% year-over-year.

Read article – Denver Post

The 10 Most Stable Housing Markets
SmartAsset recently analyzed historical price data and ranked the top housing markets for growth and stability. Three Colorado markets made this list of 10 best housing markets for growth and stability, including: #1 Boulder #3 Fort Collins #8 Denver-Aurora-Lakewood

Read article – Realtor Magazine

Additional articles that you might find of interest:

Rising rents in metro Denver? Here’s how high they are now
Read article – Denver Business Journal

California company buys apartments next to Boulder Google campus
Read article – Denver Business Journal

Louisville, Lafayette, Boulder County consider $8.5M purchase of Mayhoffer Farm property
Read article – Denver Post

Denver ties for 2nd highest wage growth rate in nation
Read article – Denver Post

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