The Investors are Coming…

By Kristal Kraft Denver Realtor | Published: November 13, 2006

This weekend, my first time  home buyers told me their rent was going up $250 a month after their lease expired.  Wow! That is a huge jump.

They thought so too.  That is why they decided to move up their home purchase plans.  They investigated getting a First Time Homebuyers Loan through Adams County.  After taking a class in home ownership, they will be buying a home in time to move out before their rent goes up.

What has this got to do with investors coming? Well vacancy rates are DOWN in Denver. After years of property managers giving away free rent, they are now experiencing a new boom…in apartments.  Soon there will be a huge shortage, rents are going up, first timers are moving out.

First time home buyers are going to fuel our market….UP!

The Pendulum swings…Read  more about Investors are coming, Investors are coming…

Related Posts

About the Author

Kristal Kraft
Kristal has been helping buyers and sellers in Colorado since 1984. She enjoys sharing her knowledge of the Metro Denver Real Estate market via blogging and in person while driving around the beautiful Rocky Mountain town of Denver! For fun, Kristal enjoys shooting things with a Canon. Visit Denver Photo Blog

This entry was posted in Denver Real Estate Trends. Bookmark the permalink. Post a comment or leave a trackback: Trackback URL.

One Comment

  1. Maureen Francis
    Posted November 18, 2006 at 2:34 pm | Permalink

    So, how will this play out? The first time buyers will push up the prices of starter homes until they can’t afford them and renting looks cheap again?

    Reply

Post a Comment

Your email is never published nor shared. Required fields are marked *

*
*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

CommentLuv badge

  • Begin Your Home Search Here

    Search the entire Metro Denver MLS-IDX, receive updates as homes come on the market. Save and track your favorites. Get started now.

  • Explore Metro Denver



  • Welcome to Denver Dwellings where I write about Denver real estate trends, where to live, eat, play and how to buy or sell a house in Colorado. This part of the world is where I call home, it is a place I love and I hope that joy shows through!