Hot Time in the City!
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As gas prices continue to rise on a daily basis, harried commuters are increasingly looking at moving closer to their place of work. Denver is seeing the same shift in home buying that is occuring across the country, urban communities are the place to be! Recent statistics show that home buyers are placing more importance on gas prices and commute times than any time since the energy crisis of the 1970’s.
While the appeal of urban living in communities such as Highlands and Wash Park have been attracting scores of buyers for the last several years, the latest economic conditions have started to making a move to the city more of a necessity and less of a luxury. Housing starts are at record lows in the suburbs, while building of new high-rises and townhomes continue to boom in the downtown area. Leaving the car parked while they walk to work, restaurants, the theater and shopping is looking better and better to a wider demographic of home owners.
Buyers are becoming more environmentally conscious as well, realizing that smaller can indeed be better. Heating and cooling rooms that go unused the majority of time, watering huge lawns, and commuting several hours a day are becoming a thing of the past for many living in the Denver metro area. We urbanites knew it all along, city livin’ is easy!
