Are Millennials Buying Homes In Denver?

There has been a lot written about millennials and home buying. The general consensus is that they are not big on home buying like the generations before them were and are. Denver millennials are no different. Here’s why.

Cool areas of Denver

Are Millennials Buying Homes In Denver? There has been a lot written about millennials and home buying. The general consensus is that they are not big on home buying like the generations before them were and are. First, millennials have so many cool areas of Denver to choose from to live, so why be tied to a home they have to sell to move to another? Areas like Washington Park are a cool choice for a younger generation. Wash Park, as it is called has amazing spaces for jogging, walking and biking, and also a center for community involvement and socializing.

Washington Park has two lakes and the “Lily Pond” and carriage-ways that meander through the park, a 2.6-mile jogging path, 2 peaceful flower gardens, soccer fields, 2 playgrounds, 1 basketball and roller blade court, 1 horseshoe court, 10 tennis courts and a lawn bowling green.

Convenience

Millennials as a rule just don’t want to be tied down by something as permanent as a home and mortgage. Some avoid it out of fear of financial disasters, but most avoid it out of convenience. When you rent, the most you could be tied to a property is a year or two. If you need to move you don’t ruin your finances by defaulting on a mortgage. Instead they can ask a landlord to let them out of a lease.

Many apartment complexes offer apartments that have amenities that if they were buying in a home would make that home out of their price range. Things like well appointed apartments, pools, fitness complexes, fire pits, and more.

Money

That leads to the last reason why millennials are more apt to rent over buying in Denver: less money. High amounts of college debt and difficulty in finding higher paying jobs makes it difficult to qualify for a mortgage. Don’t give up as a seller, though. The number of millennials now buying are rising.

5 Great Local Breweries In the Denver Boulder Area

Denver is known for its breweries, both small and local and national. The local breweries are great place to go and socialize, try new brews and see what all the fuss is about. Here are a few of the best.

Avery Brewing Company

The Avery Brewing Company is a small brewery that has produced craft beers since 1993. It’s located in Boulder, Colorado and brews beer all year round. They also make great 5 Great Local Breweries In the Denver Boulder Areaseasonal beers which have received praise from brewing competitions and festivals such as The Kaiser Imperial Oktoberfest at the 2009 Great American Beer Festival. It was founded by Adam Avery and is headquartered in Boulder, Colorado.

Wynkoop Brewing Company

The Wynkoop Brewing Company is a brewpub founded in 1988 by Colorado’s 42nd Governor John Hickenlooper with partners Russell Schehrer, Mark Schiffler, and Jerry Williams. Wynkoop sponsors the “Beer Drinker of the Year” competition, hosted yearly in one of the banquet halls at the brewery. It also has a large billiards hall on its top floor.

Great Divide Brewing Company

The Great Divide Brewing Company was founded by Brian Dunn in 1994 in Denver, Colorado. Just after starting its brews, it won the first of the brewery’s twelve Great American Beer Festival and four World Beer Cup awards. Great Divide Brewing Company was founded on the idea that beer could be brewed stronger. Typical beer in the US has an alcohol content of less than 7%. Six of the thirteen beers made by Great Divide in 2006 exceeded this threshold, and one, Old Ruffian, has over 10.2% alcohol content, which is twice that of America’s top selling beer Budweiser. Their brew, Denver Pale Ale, has won more national and international awards than any other Colorado beer.

Boulder Beer Company

The Boulder Beer Company was Colorado’s first microbrew. It was founded by David Hummer, Alvin Nelson, and Randolf Ware in September of 1979. Ware and Hummer were physics professors at the University of Colorado Boulder. The Boulder Beer Company was originally known as the Boulder Brewing Company and changed its name in 1990 to its current name. The company is very civic minded and environmentally conscious.

Tommyknocker Brewery

The Tommyknocker Brewery has been brewing craft beer for more than 20 years. It has been awarded over 100 medals from a multitude of local, national and international competitions, including 17 GABF medals. It’s located in Idaho Springs, Colorado which is just 30 miles west of Denver right off Interstate 70.

Should You Buy A House In Denver or Boulder?|Denver Boulder Relocation

You are relocating to Colorado and have narrowed your choices to Denver or Boulder. But you can’t decide which place is best for you. So let’s look at each.

Denver

Denver is a big city. It has all the amenities that city life affords. There’s public transportation for Should You Buy A House In Denver Or Boulderthose who don’t want to drive anywhere. If you want night life, there is nightlife to be had. Plenty of dining, theater, arts and sports. Denver is the home of the Ellie Caulkins Opera House, the Denver Art Museum and other venues that cater to the very active pop, jazz, jam, folk, and classical music scene. Neighborhoods like LoDo are filled with art galleries, restaurants, bars and clubs.

Restaurants, bars and clubs

The restaurants, bars and clubs also have plenty of the local beers that Denver has become known for, since it’s home to small and large breweries like Coors and New Belgium Brewing Company. It’s also home to the Denver Broncos, Colorado Rockies, Colorado Avalanche and Colorado Rapids. Plenty of sports teams for the sports fan in you. And then there’s the mountains for the active. The proximity to the Rockies mean you can hike, bike, kayak and camp.

Boulder

Boulder, on the other hand, is less urban. It’s a larger town but has a small time feel. The University of Colorado has a campus in Boulder. It’s a half an hour from Denver giving close access to all of the big city amenities, but manages to keep its outdoorsy, laid back feel.

Running, hiking and biking

The area has great running, hiking and biking trails and a population that encourages a healthy lifestyle. The housing is more structured and controlled, meaning homes are spaced well and urban sprawl is not a common occurrence.

So see how it fits for you and get on the way there. Colorado life, something for everyone.

Denver is #1 Best Place To Live (of course!)

Denver! The 2015 Forbes Best Places for Business and Careers list number one best place to live! Forbes, a well-known business magazine, named Denver as the best metropolitan area for business. Why does that mean it’s the best place to live? Well, if you need a job, Denver has plenty of businesses around to provide them.

Denver-Aurora-Lakewood

Denver is #1 Best Place To Live (of course!)According to Forbes, the Denver-Aurora-Lakewood metro area, which is home to 2.8 million people, is “attractive for its diverse economy, highly educated labor force and outdoor recreational opportunities. Companies are increasingly choosing Denver as the site for new operations or to relocate.” Here are a few that are doing just that.

Panasonic Enterprise Solutions:

This is a new technology and solar energy division of Panasonic North America. They chose Denver over 22 cities for its primary U.S. innovation and sales hub. They decided on Denver for several reasons: proximity to nearby universities, Denver International Airport and $1.5 million in incentives for choosing the Denver area. They are expected to create 330 jobs with an average salary of about $90,000.00.

Lockheed Martin LMT:

Lockheed Martin recently relocated the headquarters of its commercial space operations to Denver. LMT makes $46 billion-in-sales as an aerospace and defense contractor and provides 4,500 jobs in the Denver area. One reason they chose Denver was the universities that provide great research and engineering graduates.

Active pro-business community

Denver has an active aerospace, aviation, bioscience, energy, financial services, information technology, healthcare and telecommunications business community. What helps make them a great place to live as well is the lower cost of living, making those higher wage jobs even more lucrative.

Jobs, education and a pro-business community. Denver has it all for those looking to establish or relocate their business and make it home.

Denver’s Top Business and Industry | Denver Relocation

Denver! Forbes 2015 Best Places for Business and Careers list says that Denver is the best place to live. So if you’re looking to relocate, Denver is the place for you.

Forbes, a well-known business magazine, named Denver as the best metropolitan area for business. Why does that mean it’s the best place to live? Well, if you need a job, Denver has plenty of businesses around to provide them.

Forbes says the Denver-Aurora-Lakewood Metro area, which is home to 2.8 million people, is “attractive for its diverse economy, highly educated labor force and outdoor recreational opportunities. Companies are increasingly choosing Denver as the site for new operations or to relocate.”

Here are a few that are doing just that:

Panasonic Enterprise Solutions:

Denver's Top Business and Industry | Denver RelocationThis is a new technology and solar energy division of Panasonic North America. They chose Denver over 22 cities for its primary U.S. innovation and sales hub. They decided on Denver for several reasons: proximity to nearby universities, Denver International Airport and $1.5 million in incentives for choosing the Denver area. They are expected to create 330 jobs with an average salary of about $90,000.00.

Lockheed Martin LMT:

Lockheed Martin recently relocated the headquarters of its commercial space operations to Denver. LMT makes $46 billion-in-sales as an aerospace and defense contractor and provides 4,500 jobs in the Denver area. One reason they chose Denver was the universities that provide great research and engineering graduates.

Low cost of living

Denver has an active aerospace, aviation, bioscience, energy, financial services, information technology, healthcare and telecommunications business community. What helps make them a great place to live as well is the lower cost of living, making those higher wage jobs even more lucrative.

Jobs, education and a pro-business community. Denver has it all for those looking to establish or relocate their business and make it home.

Thinking about a Denver relocation? Give Tena D a call today to find out more! 303-452-5853