The landscape of many sectors evolves and is modified with each generation, and the real estate market is no exception. The majority of today's house buyers are millennials, so understanding how to meet their demands will be essential to gaining their business. Most of them now place purchasing a home at the top of their priority lists. Because of the improving economy and the increasing employment security among millennials, they are starting to actively participate in the housing market by looking to purchase a property. If you want your property to get a high market value among the millennials, list it at 1 Percent Lists Mile High, a discount realtor Denver residents trust.
1 Percent Lists Mile High
The way people do things has changed as a result of technology. They are in the evolutionary stage of the "I can do this myself" syndrome. If you're unsure how to change a flat tire, simply follow a step-by-step YouTube lesson to learn how to do it yourself and save money in the process. However, while it's simple to merely watch a video or search online for instructions on how to do something, some tasks are better left to professionals. As an illustration, it is still important to seek the assistance of a knowledgeable discount real estate broker like 1 Percent Lists Mile High when selling your home. The business can quickly determine your home's current value.
The Economy of Denver, CO
Denver, Colorado, has an unemployment rate of 7.1 percent compared to the US average of 6.0 percent. The city has seen a job market increase of 2.8 percent over the last year and has a predicted future job growth of 45.0 percent over the next ten years. This is more than the 33.5 percent national average. The metropolis's sales tax rate is 7.7 percent compared to the US average of 7.3 percent, while the income tax rate is 4.8 percent compared to the US average of 4.6 percent. The average income of a Denver resident is $34,423 a year compared to the US average of $28,555 a year.
Larimer Square in Denver, CO
Larimer Square, which dates back to the early 1400s, is regarded as the city's oldest block. There are several diners and shops at this historic location. You can visit more than fifteen cafes and restaurants and sample their menus. Among them is Cru Food & Wine Bar, a local favorite, which offers a wide selection of wines and cheeses from around the globe. The square is also a great place to experience Denver's nightlife which boasts everything from jazz bars to comedy shows. During the holidays, the block is decorated with Christmas lights, and visitors may stroll through the twinkling lights or ride in a horse-drawn carriage down the street.
Colorado’s Economy Is Still Growing, But Recession Fears Added
Although they usually have negative impacts, did you realize that recessions occasionally help our economy? While it is true that concerns like joblessness, property loss, and other issues are ones we hope to avoid, the reality is that recessions are a natural part of the economic cycle in capitalist countries. How can having less money in your wallet, falling stock markets, and increasing unemployment rates be positive things? Well, three factors make recessions beneficial for the economy, a shift in people's views in the direction of improvement, apparent expansion and innovation in underdeveloped industries, and the chance for self-evaluation. Click here to read more.
Driving Direction
Larimer Square
1430 Larimer St, Denver, CO 80202, United States
Get on I-25 S from Auraria Pkwy
4 min (1.4 mi)
Follow I-25 S to E Orchard Rd in Greenwood Village. Take exit 198 from I-25 S
12 min (11.8 mi)
Follow E Orchard Rd to your destination
4 min (1.5 mi)
Greenwood Village, CO 80111
