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PostPosted: Thu May 21, 2015 10:51 am 
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Joined: Thu May 21, 2015 8:57 am
Posts: 22
The average rent in the Denver metro area is $1,868 a month, a spike of 11.6 percent over last year, the third-highest percentage spike behind only San Francisco (14.9 percent) and San Jose, Calif. (12.9 percent).

Across the country, rents are growing at their fastest pace in two years, up an average of 3 percent.

Rents are growing faster than home values in 20 of the 35 largest metro areas, with Denver home values up 14.2 percent over the past year to $294,100, the largest percentage spike in the country.


http://kdvr.com/2015/05/21/report-renta ... etro-area/


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PostPosted: Thu May 21, 2015 12:45 pm 
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Joined: Tue Oct 19, 2010 8:50 am
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Rents are up dramatically in the foothills as well. If you'd like info on how much your property should be
renting for you can call Kim Burns at Gatehouse Property Management. 303-345-5813
They are experts on mountain rentals in particular.


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PostPosted: Thu May 21, 2015 5:21 pm 
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These rapid price increases are not a good thing. I wouldn't pay $300K for a house in Denver, or anywhere else for that matter.


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PostPosted: Fri May 22, 2015 10:11 am 
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The shortage of listings is worse is Denver metro. 30+ offers on a single listing that's bid up $20 - $30K to the
highest bidder. Buyers get more for their money here by far - especially lifestyle.

One couple from Michigan is paying $1800 for 1500 square feet in Evergreen, another $2300 for 1700 sq.
on Floyd Hill. We all love our lifestyle in the foothills. Renting is a way to insure you can come back later.


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