Investing in Denver Real Estate
Is the Denver Market a Good Long-term Investment?
All real estate
markets are local... looking beyond the immediate
horizon - the Denver real estate market has proven itself to
be a good long-term investment and a safe, secure way to build
long-term wealth. Look at the stats below and read my
commentary at the bottom
for a little historical
perspective of home appreciation rates across the US, take a look at
the most recent Home Price Index (Sept 2012)
The
Six Benefits of Owning or Investing in
Denver Real Estate
1. Tax
Deductions
2. Appreciation
3. Equity
4. Borrowing Power
5. Stability
6. Freedom
-
Over
the past 40 years, home values have risen 5% annually on average.
-
The
average homeowner's net worth is nearly 46 times that of
a renter!
-
Interest rates are still at
historic lows - 3.5% (30 year fixed with 3.5% down)
Change in FHFA
State House Price Indexes
(Seasonally Adjusted, Purchase-Only Index, 2012 Q3)
Region |
Rank |
1 Quarter |
1 Year |
5 Years |
Since 1991Q1 |
USA |
|
1.08 |
4.04 |
-15.37 |
87.86 |
AZ |
1 |
5.37 |
20.06 |
-36.72 |
93.49 |
DC |
2 |
6.99 |
15.53 |
10.68 |
284.36 |
ID |
3 |
2.32 |
9.57 |
-23.22 |
101.65 |
ND |
4 |
3.33 |
9.23 |
21.03 |
152.39 |
NV |
5 |
4.23 |
8.66 |
-50.86 |
22.78 |
UT |
6 |
1.91 |
8.63 |
-19.53 |
159.15 |
FL |
7 |
2.16 |
7.86 |
-35.92 |
84.55 |
CA |
8 |
1.98 |
7.24 |
-35.54 |
62.25 |
MI |
9 |
1.90 |
7.02 |
-16.16 |
52.30 |
CO |
10 |
2.13 |
6.57 |
-0.38 |
177.90 |
DE |
11 |
5.75 |
6.03 |
-17.37 |
83.70 |
GA |
12 |
1.65 |
5.98 |
-21.20 |
56.11 |
OR |
13 |
2.51 |
5.64 |
-22.17 |
161.97 |
TX |
14 |
0.94 |
5.58 |
4.33 |
98.27 |
HI |
15 |
0.88 |
5.50 |
-14.26 |
83.73 |
MT |
16 |
1.46 |
4.84 |
-5.92 |
197.50 |
SD |
17 |
1.42 |
4.80 |
5.38 |
132.67 |
MN |
18 |
1.88 |
4.67 |
-15.60 |
109.79 |
AR |
19 |
0.15 |
4.56 |
-4.92 |
85.83 |
OK |
20 |
1.27 |
4.18 |
1.40 |
96.74 |
WY |
21 |
2.10 |
4.00 |
-3.10 |
196.56 |
MS |
22 |
1.62 |
3.79 |
-7.25 |
78.25 |
WA |
23 |
1.80 |
3.71 |
-22.68 |
117.51 |
LA |
24 |
1.73 |
3.65 |
-1.34 |
132.81 |
SC |
25 |
0.90 |
3.47 |
-10.35 |
80.75 |
OH |
26 |
0.90 |
3.44 |
-9.73 |
55.55 |
KS |
27 |
1.34 |
2.97 |
-3.29 |
93.04 |
NE |
28 |
0.21 |
2.87 |
-1.00 |
97.21 |
VT |
29 |
1.46 |
2.80 |
-3.32 |
112.16 |
AL |
30 |
-1.51 |
2.72 |
-11.21 |
78.13 |
VA |
31 |
1.08 |
2.67 |
-13.17 |
114.18 |
IA |
32 |
1.00 |
2.57 |
-0.30 |
99.97 |
KY |
33 |
-0.16 |
2.53 |
-1.25 |
89.33 |
MO |
34 |
0.09 |
2.07 |
-10.95 |
82.87 |
MD |
35 |
-1.93 |
1.78 |
-22.06 |
106.90 |
TN |
36 |
0.09 |
1.77 |
-8.71 |
86.00 |
WV |
37 |
0.79 |
1.76 |
-2.07 |
90.08 |
NC |
38 |
0.89 |
1.52 |
-11.04 |
80.27 |
IN |
39 |
0.26 |
1.48 |
-5.29 |
60.28 |
NM |
39 |
-0.26 |
1.48 |
-13.75 |
108.99 |
MA |
41 |
0.72 |
0.74 |
-8.90 |
117.35 |
AK |
42 |
-0.24 |
0.70 |
1.34 |
127.13 |
PA |
43 |
0.27 |
0.18 |
-7.08 |
87.28 |
WI |
44 |
-0.34 |
0.08 |
-11.49 |
101.87 |
CT |
44 |
2.26 |
0.08 |
-15.27 |
67.21 |
IL |
46 |
0.51 |
-0.28 |
-18.33 |
71.81 |
NY |
47 |
-0.30 |
-0.36 |
-7.46 |
103.94 |
NJ |
48 |
-0.56 |
-1.07 |
-17.78 |
109.76 |
NH |
49 |
-1.64 |
-1.49 |
-17.35 |
89.92 |
RI |
50 |
-0.87 |
-1.56 |
-21.47 |
77.01 |
ME |
51 |
-2.04 |
-2.58 |
-9.95 |
99.25 |
As of September 2012, Colorado was ranked #10 in home appreciation with a
modest gain of 6.57% in the previous 12-month period. In the last
5-years, prices have remained relatively flat, but what's really
staggering is to see the 177.9% jump in Colorado home appreciation since
1991. Simply put, if you would have purchased a home in Colorado for
$100,000 in 1991, it would be worth $277,000 today!
If you would like to sit
down for coffee and discuss the
Arvada,
Colorado
Real Estate Market, just call me
anytime at 303-520-3179. Anthony Rael,
REMAX Alliance offers professional & trustworthy real estate
services to buyers &
sellers throughout the
Denver metro area including
Arvada,
Brighton,
Broomfield,
Denver,
Golden,
Highland/Sloan's Lake,
Highlands Ranch,
Lakewood,
Littleton,
Louisville,
Longmont,
Thornton,
Westminster,
Wheat Ridge, Adams
County,
Denver County, Douglas County &
Jefferson County.
Leverage my life-long
knowledge of the Denver Metro area - from homes, condos, lofts or
investment properties, new homes builders, schools & local amenities to
reliable & trustworthy business partners like mortgage brokers & home
contractors to
maximize
your investment, secure your future and realize the home of your dreams.

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