The Rise of High-Income Renters, Denver Leads the Pack

High-income renters are surging in Denver, Colorado

In the past ten years, the U.S. has seen a dramatic increase in the number of high-income renter households, from 3.8 million in 2008 to 5.7 million in 2017. Nowhere has this surge been seen more than in Denver. Denver and Austin lead the nation in high-income renter growth. These metros housed nearly 2.5 times more six-figure renter households in 2017 than they did in 2008. 

March Selling Season In With A Roar? We Disagree With Jill Schaffer, Chair Of The DMAR Market Trends Committee

Denver Real Estate Prices In with a roar in march 2019

Month over month, prices in the Denver Metro area reversed the trend, by rising 1.27% for median and 1.11% for average residential prices. Year over year the pace of the housing price increases slowed with the average residential prices rising by only 0.66% and the median residential prices falling 1.23% from February 2018.