WELCOME TO OUR SERIES, MOVING OUT OF DENVER. 

It's no secret that the team at West + Main Homes is passionate about life in the Denver Metro area. Our agents live all over the city and in the nearby suburbs. Many of us grew up here, and the rest of us got here as fast as we could.

But, Denver is quickly growing + changing, and we understand that it might not be a perfect fit for you and your family as both housing cost increases and population growth show no signs of slowing down anytime soon.



So, if you're thinking about cashing in on your home's equity and moving to a smaller Colorado town, up to the mountains, or even out of State, we are here to help. From preparing and listing your local home for sale, to introducing you to a great Realtor…

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IF YOU’RE A BABY BOOMER entering the tunnel of possible retirement, there’s one hard truth to acknowledge: Bad stuff happens.

You’d think boomers would be OK. We hold 60 percent of the wealth in the United States, according to a report by the management firm McKinsey and Co. But we have also accumulated unprecedented levels of debt and will actually need the Social Security we are accused of squandering.

Many of us believe the solution to retirement insecurity is to work into our 70s and beyond. But even if you are healthy or have the income to delay collecting Social Security until its highest payout at age 70, you may not be able to afford the life you imagine. Boomers inevitably respond in surveys that they want to travel in retirement, yet…

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Homebuyer demand remained strong with the average days on market at 18, which ties a record low for any month. Additionally, once again, the average single-family home price in metro-Denver continues to set new records, reaching $540,624.

“With Memorial Day and graduations behind us, we now focus on the summer ahead with anticipation of hot weather and a hot housing market,” said Steve Danyliw, Chairman of the DMAR Market Trends Committee and Denver REALTOR®. “Prices remain hot as both median and average prices continue at double-digit gains. And while some REALTORS® are reporting signs of slowing, those signs have yet to be reflected in the numbers.”

In May, the month ended with 6,437 active listings in the residential market (single…

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Residential mobility has been a defining feature of the American Dream but long-distance moves are at a historical low. While overall mobility remains low

 

Economic opportunities vary with geography. Thus, residential mobility that allows workers to move to areas with better job opportunities can promote economic mobility. Residential mobility has been a defining feature of the American Dream, from westward expansion to the Great Migration, but long-distance moves are at a historical low. While overall mobility remains low, renters are significantly more mobile than homeowners, and new data show a recent uptick in inter-state moves for millennials to pre-Recession levels.

 

Previous Apartment List research has shown that job opportunities…

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From a closet in Manhattan to a mansion in Memphis: How the buying power of $200,000 varies across U.S. housing markets

How much home can you buy with $200,000 in America? The answer varies dramatically depending on where you live.

In Manhattan, the most expensive housing market in the country, that price will only purchase a 125-square-foot closet, according to a new report by PropertyShark. The city has a median price per square foot of $1,585.

San Francisco is close behind: $200,000 would buy a paltry 260 square feet, followed by Boston (371 square feet); San Jose (376); and Washington D.C. (423)

At the other end of the spectrum, that sum would buy a palatial 3,769 square feet in Cleveland - nearly 30 times the buying power of…

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Just when rent prices started to moderate, they started to rise again

As of late last year, rent prices finally seemed to be moderating in Denver and its neighboring burgs following a long period in which rental  costs continued to go up and up and up  in the Mile High City's red-hot housing market. But the latest data suggests that bargain hunters' hopes have been squashed again, with rents across the metro area heading upward, and many of the places analyzed notching double-digit bumps over this time in 2017.

The data comes from Zumper's April 2018 Denver rent report , which examines the Mile High and eleven nearby communities. When it comes to the median price for a one-bedroom apartment, eight of them cost more than they did last month and…

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Which Denver Neighborhoods are the best for Millennials and why? 

A variety of factors go into a millennial's decision on where to live including the cost of housing, distance from their job, the feel of the neighborhood, and more.

Niche.com ranks the best places to live in the US based on cost of living, data from the US census, and other economic and geographic data. To find out which Denver neighborhoods are best millennials they considered the percentage of residents that are 25-34 years old, higher education, proximity to coffee shops restaurants, and bars, economic and ethnic diversity, safety, crime, and their walkability score. 

Here are the top 25 Denver neighborhoods for millennials: 

#25: Rosedale 

Feel: Suburban 

Median…

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Summer music festivals: sunshine, timeless jams, good vibes, full hearts and dirty feet. Also summer music festivals: sludge pits, casual assault, blown eardrums, tachycardia and dirty feet.

While music festivals can represent the heights of warm-weather communal fun, the events are also hard-to-navigate tests of physical and mental endurance. Colorado revels in more than its fair share of summer music festivals, from urban day concerts to remote mountain camp-outs, so here’s how to survive these summer festivals — while not being a jerk, actually enjoying the music, and with friends and brains (mostly) intact.

Where to Start:

Make a budget
No one can make it to all the festivals offered in one summer, and ticket prices plus travel…

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The biggest expense for potential home buyers? The down payment.

It’s also the biggest challenge for millennial home buyers, with 46% of millennial renters saying they would purchase a home if that had enough money saved for it.

Housing is the largest expense for your average American according to a 2016  U.S. Department of Labor consumer expenditures report, with 30% to 38% of all income going towards it. And millennials are experiencing this cost firsthand, as they now represent the largest group of homebuyers today (35%), outpacing both Boomers (31%) and Gen X (26%) according to new National Association of Realtors data.

Of the 3,000 U.S. consumers polled for a 2017 Ellie Mae survey, 53% of the millennials responded to the question…

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Spacious and Cool. Mid-Century Brick Home. Between Stapleton, Park Hill, and East Colfax Neighborhoods.

Near the Hot Stanley Marketplace. This home boast loads of light. Original windows shine through onto the original hardwood floors with the character of this home. 2 bedrooms and an office. Full basement offers additional living. Brand new furnace and vents going in. House sits back on a big lot. Solar Panels Installed.

7325 Montview Blvd, Denver, CO 80220

Listed by Cyndi Adams for West + Main Homes. Please contact Cyndi for current pricing + availability. 

 

 

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