In Denver, and most of the nation, starter homes are appreciating fastest
Posted by West + Main Homes on

Owners of starter homes across the country are gaining equity faster than other homeowners because demand for entry-level homes continues to grow faster than supply.
The phenomenon – which has become more pronounced over the past few years -- underscores the power of homeownership to build wealth, particularly among the middle class.
For this analysis, Zillow divided the U.S. housing stock into equal thirds based on value and determined the median value of the most and least valuable homes.
Over the past year, homes in the most affordable segment of the market, which are often sought after by first-time buyers, gained 8.5 percent in value, compared to a 3.6 percent gain for the most expensive homes. Over the past five years, the…
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