1. Rising home prices: The median home price in Denver has been steadily increasing over the past few years, making it more challenging for first-time homebuyers to enter the market.
2. Remote Work is Driving Housing Demand: With more people able to work remotely, Denver is seeing a surge in demand for homes with more space and amenities that cater to remote work.
3. Outdoor Space is a Top Priority: As people spend more time at home, outdoor living spaces have become a priority for many buyers. Denver's mild climate and access to outdoor recreation make homes with yards, patios, and balconies particularly desirable.
4. Interest rates: Although interest rates have been rising, the demand for homes in Denver has remained high.
5. Job growth: Denver's strong economy and job growth have contributed to the demand for housing in the city, making it an attractive location for both homebuyers and investors.
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