As we move into the latter part of the summer, the heat in the real estate market shows no sign of abating. And we are not the only area that is experiencing the uptick in activity. The Denver Metro area that makes up a large part of our real estate market is also experiencing a continued inflow of residents. This article offers a good insight into how this migration of people is changing the metro area.
Denver a top “gentrifying” city in the US
Denver Colorado is the second fastest “gentrifying” area in the country just behind San Francisco. Furthermore, Denver beat out Boston, Miami, New Orleans, Austin, and countless others due to the rapid gentrification of the downtown core. What is Gentrification? How does it occur? Why is Denver gentrifying faster than other markets? What does this mean for real estate and affordable housing? Read MORE