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Denver Top Market for Housing Investment

Denver ColoradoAccording to Fox News, the top city for investing and making money in the housing market is Denver Colorado.

Greg Rand, CEO of OwnAmerica.com spoke with Fox Business News on how to invest in the economic and housing growth of Denver.

People are moving to Denver from all over the country," says Rand, "The average age is 31 years old, so the population is young, stable and the future looks good in the long term."

The unemployment rate in Denver at 7.9 percent is lower than the national average and the foreclosure rate, according to Rand, is half the national average.

"It comes down to the lifestyle," says Rand, "low cost of living, high quality of life, and a love of the outdoors."

Denver is also home to 9 Fortune 500 companies, offering great job opportunities and the median home price is only $244,100.  Looking at housing prices for Denver in the last 15 years; "we didn't see a full housing collapse in the Denver market," says Rand, "we see a correction, but it bounced back again."

Watch the full video at Fox Business News.

Image Source: Denver.org

 




Posted on January 23, 2012 11:36:50 by Blog Author IPTV.Boyz http://www.brokeriptv.com/denver-top-market-for-housing-investment

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