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The Denver market is going up on average 1% or more per month. With an average selling price in the Metro area just passing $500,000 earlier this year the average home is going up $5,000 per month or $60,000 per year. Homes are in short supply with the lowest inventories ever. I did have to laugh when a friend referred to a $500,000 as a starter home!
The good news is that for those of us that own property and are fed up with the political environment we can leave town with a nice chunk of change with the sale of our home.
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