According to financial website, nerdwallet.com, ten cities in Colorado
are stacking up better than others in terms of places to own a home. According to U.S. Census Bureau, Colorado saw the fifth-highest
percent increase in population of
any state between 2010 and 2013. The economy is bustling here, with the Denver
metro area expected to add another 39,000
jobs in the coming year. If
you’re considering investing in a home here, Colorado also offers a variety of programs to help buyers find their way to a new
home—especially for first-time buyers. Nerdwallet used the following criteria
to determine the ranking of the top 10 cities in the state:
Are homes available? The financial site took into consideration the
area’s homeownership rate to determine the availability of homes. A low
homeownership rate is likely a signal of competitive inventory, more options
for renters rather than buyers and expensive housing. Areas with a high
homeownership rate led to a higher overall score.
Can you afford to live there? Looking
at median monthly household income, monthly homeowner costs and median home
value to assess affordability and determine whether residents could live
comfortably in the area. Nerdwallet.com used monthly homeowner costs to measure
cost of living. Areas with high median incomes and low cost of living scored
higher. Is the area growing? Nerdwallet measured
population growth to ensure that the area is attracting new residents and
showing signs of solid growth. This is likely a signal of a robust local
economy, which is another attractive characteristic for homebuyers. Based on the
results, here are the top 10 places to live in Colorado:
Author:Carla Winter - Raymond Selix Phone: 303-523-1921 Dated: April 1st 2014 Views: 9,483 About Carla Winter -: Ray and Carla have been working as a team since 1995. Carla’s extensive knowledge of the Denver a...
View our latest blog posts in your RSS reader. Click here to access.
Since 2003, Metrowest Real Estate Services has been Denver’s premiere resource for residential, foreclosure, REO and investment real estate. When helping you buy or sell, our mission is to provide excellent customer service to our corporate and individual clients by ensuring that our agents exceed all standards for market knowledge, professionalism, and client support. Whether you are a high volume investor or a first time homebuyer, our team at Metrowest can help you realize your real estate goals! Metrowest is your Denver Colorado Real Estate Team. We specialize in helping you get the most of your sale, purchase or investment.
Rental prices are consistently increasing all over the metro area, but
"My girlfriend and I had the pleasure of working with Andy for our first home purchase. The experience we had was nothing short of amazing. At the time of our house hunt it was a sellers market with multiple offers in on homes and homes closing in under 1 week on the market regularly. Even when Andy was out of town on business he made sure one of his extremely knowledgeable colleagues was able to show us properties for the weekend. After a fairly quick search we decided on a home and with Andy's guidance our first offer was accepted and after the appraisal he was able to negotiate our price down to save us some extra money. I will definitely be recommending Andy to my family and friends, he did so much to take all of the stress out of the process for us. Thanks Andy!!"