Everyday there is an economist that wants to share their thoughts on how the market will be down the road!   Depending on who they are, is how you can count on the results.  

 

According to Crowdstreet, they are giving Denver a bright future.

"Recently ranked the 7th best city to work in tech by SmartAsset, Denver is seeing high-income job growth and is projected to see economic growth above the national average through 2025. Overall population growth through 2025 is expected to double the national average and the area continues to see consistent millennial in-migration. With Denver’s multifamily vacancy rate at its lowest point since 2014 and an increase in demand, we expect strong investment opportunities in this sector in 2022."

 

This is not surprising, as the unemployment has been low, and tech companies love having their hubs here in Denver.

 

The real estate market has shifted a bit with the interest rate increase, and seeing more inventory, increasing price reductions and homes returning to the market.   We shall see how the market does with this next interest rate increase.