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The Current Hot Markets for Real Estate Investment

It’s no secret that the Denver area real estate market has been on fire for over a decade. And while no one can say if the commercial — and real estate property — opportunities in and around the Mile High City will continue to expand, it’s safe to say that when one market cools, another one warms up.

Finding the next jewel in the rough is no easy task. It requires diligence, patience and a risktaker mentality to go where few have gone before.

It also helps to reach out to experienced commercial developers like those behind Castle Rock’s Miller’s Landing, a 65-acre mixed-use development that blends urban and rural eutopias into a vibrant mix of entertainment options, open land, office space, retail offerings and walking access to a 300-acre park.

The Mile High City remains a favorite for business and living as does Castle Rock. Colorado’s Front Range communities have sustained a highly coveted status due to Denver’s surging economy, it’s popularity among younger workers, and Colorado’s amazing setting and outdoor options.

Mashvisor.com listed Denver as the 8thbest place for real estate investment in 2019. A surge of Airbnb opportunities have transformed the face of Denver property investment and rental income options. The change began in 2017 when Denver officials opened the door to short term Airbnb rental options.

Denver data of note: (source: https://www.mashvisor.com/blog/best-places-to-invest-in-real-estate-2019/)

  • Median Property Price: $467,937
  • Traditional Rental Income: $2,043
  • Airbnb Rental Income: $3,462
  • Days on the Market: 57
  • Price-to-Rent Ratio: 19.09

Denver’s booming decade might cause some to shy away from a market that has experienced soaring prices. Predicting the next real estate bubble is a near impossibility. At least one expert at Forbes called for caution in places like San Francisco, Seattle, Miami and Denver.

(source: https://www.forbes.com/sites/ingowinzer/2019/01/07/2019-best-markets-for-real-estate-investments/#431c9bf871f5).

While many once red-hot markets might see a cooling period, other markets remain on boil. You get great value with Castle Rock, CO. Learn more about Castle Rock and why it’s not your average community at https://millerslanding.co/discover-castle-rock/.

Forbes points out: real estate investors do not have to focus only on communities that have experienced high growth. Slow and steady growth is also a positive signal when it comes to finding an investment opportunity.

Another real estate site, thinkrealty.com highlighted the following as data points to consider when investing in real estate.

    • Solid commuter suburbs
    • Growing populations or population segments according to reliable data sources, including but not limited to the U.S. Bureau of Labor Statistics (BLS) and the Census Bureau
    • Solid jobs ecosystems not reliant on a single industry
    • Multiple options for investor entry into the market or a prime opportunity for a specific, credible strategy
    • Relatively strong housing affordability based on cost of living, median income in the area, and median income of any incoming buying population
    • Proximity to a major metro area or inclusion in a metropolitan combined statistical area (CSA)

(source: https://thinkrealty.com/2018-hot-market-picks-real-estate-investors/)

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