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How is your city keeping up with the marketing surge?

Michael Nash • Sep 01, 2022

What cities are seeing the best results?

How is your city keeping up with the Marketing Surge?

Introduction

The Denver area is booming. There's no doubt about that. There are historic apartment buildings being built in RiNo, new hotels going up in downtown, and Amazon is moving here full-time with a new headquarters. But how is your city keeping up with all the growth? Are there enough jobs to go around? Are there enough places to live? If you're not a real estate agent or an economist, the answer may surprise you: yes! Many people moving to Colorado do so for its recreational lifestyle, which means there are plenty of jobs available for those who have moved here recently. And while many people might complain about the high cost of living (particularly when it comes to housing), there's evidence that people are still flocking here daily - including families looking for affordable schools and neighborhoods where they can raise children without fear of them becoming victims of gang violence or drug dealers on every corner."

The numbers are in, and they show that the Denver area is still booming.

Denver is one of the fastest growing cities in the country. The city's population has grown by over 100,000 people since 2010, and it's still growing at a rapid pace.

The housing market is seeing unprecedented demand—and prices are rising along with it. Colorado's population is also increasing rapidly; their population grew by more than 50% between 2000 and 2016—the highest percentage growth rate of any state in that period.

Colorado's population is growing at a rapid pace.

Colorado’s population has grown by more than 30% since 2000. The state is now home to over 5.5 million people and is expected to grow by another 30% in the next 20 years.

The housing market is seeing unprecedented demand - and prices.

The housing market is seeing unprecedented demand and prices. The market is still strong, but there are some signs of a slowdown. The demand is high, but it’s not going to stay that way forever.

The demand for real estate in major cities like New York City and San Francisco has been skyrocketing for years now as more people move back into urban areas to be closer to their jobs—or simply because they prefer city living over suburban life. And while most experts say the trend will continue for at least another decade or so, some economists have begun suggesting that supply-side issues could cause prices to plateau or even decline during this time period (i.e., when people get priced out of their homes).

Complaints about the housing market's affordability are not slowing the real estate industry down.

The housing market is not slowing down. While affordability has been a concern for those moving to or staying in the area, this isn't stopping the real estate industry from doing well. We are seeing new homes being built and sold, as well as existing homes being renovated and sold at higher prices.

Young professionals are flocking to the Mile High City.

Denver, Colorado is a great place to live, work and play. The city has plenty of amenities for the young professional who wants to tap into Denver’s culture or enjoy outdoor activities. A prime example of this is in the area of real estate. According to Redfin data, Denver saw annual home price increases of almost three times that of the national average over the past two years (9% versus 3%). With such an influx of people moving into the Mile High City and its surrounding suburbs, it’s no wonder that companies are taking notice!

But it's not just young professionals - families are moving to Colorado as well.

But it's not just young professionals - families are moving to Colorado as well. With a growing population and an influx of young people, Denver has become one of the most vibrant cities in America. The city's revitalization means that families can live within walking distance from schools and parks. This means that parents don't have to spend hours every day in traffic, or rely on public transportation for their children’s commute. It’s also a great place for retirees who want access to outdoor activities, but would like warmer weather than found in many other parts of the country during winter months.

It's no secret why people are flocking here: there are plenty of reasons why living in Colorado is an excellent choice!

Many people moving to Colorado do so for its recreational lifestyle.

The state of Colorado is a great place to live for all sorts of reasons.

Colorado is the 4th most active state in the nation. Its residents are constantly hiking, biking and skiing across its mountainous terrain. It has more than 1,000 parks that provide endless opportunities for recreation and exploration. In fact, Colorado has over 300 miles of mountain bike trails alone! The only downside is that this means people will be outside more often than not—which wouldn't be a problem if it weren't for one thing: marketing overload!

Every person you meet today probably knows someone who has moved here in the last few years.

Every person you meet today probably knows someone who has moved here in the last few years. Colorado is attracting people from all over the country, including young professionals and families. The demographic makeup of our city is shifting rapidly, but that doesn't mean that everyone should be concerned about how it's affecting your marketing strategy. As long as you know what to expect from this influx of new residents, there are plenty of opportunities for your business to grow alongside them.

Conclusion

As you can see, the Denver-area housing market is booming. There are a lot of factors at play here - from large corporations moving their operations to Colorado to young professionals settling down here for their careers. However, one thing we know for sure is that everyone who moves here has something in common: they want to live in a place that’s beautiful and convenient. That's why there's no better time than now to invest in real estate in Denver!


RE/MAX Masters Property Management

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