Is selling your home in the Winter a good idea? With interest rates keeping consitently low, buyers are more inclinded to buy reguardless of the season. Most people think the best time to sell is
Youll Need A Raise To Pay For Denver Rent Hikes This Year
Dated: April 11 2017
Views: 258
You'll need a raise to pay for expected apartment rate increases in Denver this year.
That's according to data compiled by Zillow Group Inc. (Nasdaq: Z), which indicated that the median Denver rent of $1,998 in February 2017 is expected to rise to $2,043 next year.
That'll require a pay increase $540 over the course of a year to maintain the same income-to-rent ratio. Only rents in Seattle, Boston, Los Angeles, Sacramento, Orlando, Portland and San Diego are expected to rise more than Denver, Zillow officials said.
"For a long time now, renters have faced an affordability crisis when it comes to housing, and renters in some hot markets will still need significant raises just to keep up with rising rents," said Svenja Gudell, Zillow chief economist, in a statement.
Last month, two other apartment research companies confirmed that Denver rents are rising, saying that rents have risen between 1.3 percent and 1.6 percent in the past year.
Denver Colorado Real Estate Professional -Michael Steffen
Michael is a motivated realtor specializing with investors and new home buyers located in the following areas; Denver, Arvada,Aurora and surrounding areas. Michael Steffen uses advanced internet marketing to insure your property gets maximum exposure and holds a high value of ethics in his work to ensure the ideal scenario for everyone! For help with buying or selling a property call 303-981-2750!
Generation Property Group
My name is Michael Ross Steffen. I’m an Exit Realty Cherry Creek Agent in the Denver metro area and Team Leader For Generation Property Group! We specialize in advanced Internet marketing, buying, s....
Latest Blog Posts
One of the best parts about Christmas at Generation Property Group is going on the hunt for the perfect LIVE Christmas tree.We have the best memories of strapping a tree to the top of our subaru and
One thing we've learned about 2020 is to be creative with activties! While a lot has changed in our daily lives, we have used our creativity to plan healthy and safe things to do while social
We know 2020 has been a CRAZY year! Here are some easy make ahead Thanksgiving recipies to help make this year's Thanksgiving a little less crazy! Test out one of these RECIEPIES in your new Denver
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO©. Real estate listings held by brokers other than EXIT Realty, A Smart Movename are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. January 21, 2021 5:35 PM UTCd
The real estate listing information and related content displayed on this site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak Realtor Services Corp.