Market Update, August 31, 2023
When homeowners pay less than 28% of their income toward the costs of homeownership, homes are generally considered affordable. How affordable – or unaffordable – are homes in metro Denver right now?
When homeowners pay less than 28% of their income toward the costs of homeownership, homes are generally considered affordable. How affordable – or unaffordable – are homes in metro Denver right now?
As Denver’s luxury real estate market thrives, several neighborhoods emerge as the most sought-after locales for the affluent.
The conversation often revolves around vast interiors, sprawling gardens, and elaborate amenities when discussing luxury homes. But luxury takes an upward trajectory in urban areas like Denver, where every inch of space is valuable. Welcome to the world of rooftop luxuries, where Denver homes are reimagining and elevating outdoor living to new heights.
A unique sense of serenity accompanies vast stretches of land. As urban areas worldwide continue to burgeon, the lure of spacious properties with sprawling acreages becomes even more pronounced. In Metro Denver, a region characterized by its breathtaking landscapes and thriving urban areas, luxury homes with vast lots are not just homes; they’re expansive sanctuaries. Here, we delve into the allure of these expansive properties and the unparalleled luxury they offer.
Denver, the Mile-High City, has always been a destination of intrigue, given its rich history, thriving arts scene, and proximity to some of the nation’s most beautiful natural landscapes. However, the past decade has been particularly transformative for Denver, especially in luxury real estate.
You may not believe how the monthly cost of owning a home has changed in the past 3 1/2 years in Metro Denver.
The landscape of luxury living is constantly evolving. As Denver stands tall amidst the crux of technological advancement and architectural opulence, its luxury homes spearhead a new age of living—where technology and comfort converge.
Denver’s reputation as one of the healthiest cities in America is no accident. With the majestic Rockies serving as a backdrop, the city’s residents have long valued physical fitness, outdoor activities, and a holistic approach to health.
As environmental sustainability becomes a concern worldwide, luxury homes are adapting to cater to the evolving preferences of discerning homeowners. Nowhere is this more evident than in Denver, where the intersection of affluence and environmental consciousness is painting a novel picture: driveways equipped with electric vehicle (EV) charging stations.
Insufficient inventory has been the driving force in our local market for months. But there is hidden inventory out there if you know where to look.