Good News from the Denver CO Real Estate Market

If you’re looking to move to Denver, CO, we’ve got some good news for you. While much of the rest of the nation is experiencing a difficult economic time, Denver is faring better than most. Denver’s job growth has held steady with nearly 1500 jobs added for the first two quarters of 2007.

This is up nearly two percent from last year. Denver’s unemployment rate is still quite low compared to the rest of the nation, and economic growth is holding steady. Even Denver’s vacancy rate is hovering just over five percent for Q3, down 1.5% from last year.

Denver’s multi-family real estate market has been improving as well. It is predicted that this improvement will continue for some time as more people have gravitated from their more expensive single-family home to the more affordable multi-family unit.

If you have the money to invest, it might be a great opportunity to invest in an apartment building or two. With the increases we’ve seen in foreclosures, these buildings are looking more and more lucrative with each passing day. More details please visit:-

While we’re speaking of real estate investment properties, with the current increases in foreclosures, it’s much more likely that you can find a solid investment home at an affordable price. And with Denver’s economy holding steady, you’re certain to fill that home quickly and easily.

Make sure you work with your realtor to find the areas of Denver most suitable for your investment or relocation. Many areas of Denver have experienced strong growth, while others have not. The time spent with your realtor researching the perfect location for your next investment will pay you back for many years in the future.

Jim Lux is just one member of the LUX Team of realtors, based in Denver, Colorado. While Jim carries the designations of GRI, (Graduate of the Real Estate Institute), and CRS, (Certified Residential Specialist) and only 4% of real estate agents nationally hold the CRS designation, everyone on TheLUXTeam provides the same level of professionalism and committment to each of their clients.

Jim and the LUX Team continually focus on real estate education to ensure that they are operating within the ever-changing guidelines and standards of the industry. In addition to being a full time RealtorĀ®, Jim is responsible for the Internet marketing and web site development for The LUX Team and holds the designation of e-PRO (Internet Professional).

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