Denver One Of The Top 10 Real Estate Markets To Watch

Dated: 10/09/2015

Views: 310

From: Denver Business Journal 10/8/15

By: Molly Armbrister 

Denver was ranked No. 6 on Urban Land Institute's annual list of 'markets to watch' for real estate trends.

The annual report said that 2016 will be the year of secondary and tertiary markets, of which Denver is one, at least for now. The ranking is based on survey results and interview notes collected by ULI to d

Secondary and tertiary markets refer to markets that are large, but not as large as primary markets like New York City and San Francisco.

"The strength of the economy in Colorado's state capital seems to have put it on everyone's list of top markets for 2016," ULI's report said of Denver.

Survey respondents said that Denver's exposure to the technology industry and the public and private investments in infrastructure made them feel comfortable about the city's continued growth, ULI said. Infrastructure investment is Denver's lowest score of the three categories examined by ULI, but its score in the infrastructure investment category is still one of the highest in the survey.

"The single-family housing market is expected to remain hot in 2016. Survey respondents picked single-family housing to have the best outlook for next year. The industrial market also is projected to offer good investment opportunities in the coming year," ULI's report said.

Homebuilding was Denver's highest-ranked category and the third-highest in the country, while development was second-highest.

Dallas-Fort Worth landed in the No. 1 place. Other cities that ranked higher than Denver were Austin, Charlotte, Seattle and Atlanta.

One big surprise on the list was Houston, which fell from No. 1 on last year's ranking to No. 30 on this year's list.

Blog author image

Ranae Urso

My name is RaNae Urso and I specialize in residential sales and buyer representation in the Denver Metro area. I have been in the real estate business over 14 years of my 30 years in Colorado. I enjo....

Want to Advertise on this Site?

Latest Blog Posts

6 Things To Know When You Relocate To Denver

Denver has so much to offer and the world is on to all the greatness Denver provides to families, singles, young, old, internationals, and a variety of industries and demographics.  Here are

Read More

Beautiful Knolls West Townhome

7106 S Knolls WayCentennial, CO 80122Knolls West Townhomes SouthGlennFantastic townhome! Clean and inviting in highly desirable location, popular Knolls West Townhome Community! Walking &

Read More

HUTCHINSON HEIGHTS Open House

Bring your rackets! You must see this large, beautifully maintained home that backs to a park with public tennis courts! Aurora's Hutchinson Heights neighborhood is centrally located,

Read More

What Is APR Or ARMS Quick Explanation

The annual percentage rate (or APR) is the amount of interest on your total loan amount that you'll pay annually (averaged over the full term of the loan). A lower APR could translate to lower

Read More