Denver is growing at an extremely rapid pace,
with a house only being on the market for 26 days before selling at an average price of $496,382, according to July's market report.
This goes to ask, how many more homes will be available? The Denver-area developers are responding to this situation by creating smaller, denser, and taller apartments and homes that young adults and first-time buyers may not necessarily describe as affordable but at least attainable.
But the developers are meeting resistance on many fronts and warn that creative solutions are needed to allow people of average means to own property so Denver doesn’t become a city dominated by transitory apartment dwellers and the affluent.
“We are going to be growing out…