1. Move-up buyers — people who have equity in their homes that they can leverage to buy something that they’ve always wanted without increasing their monthly payments. 2. First-time investors — people who can use their equity or savings to buy homes to rent. At current market rents, landlords can cash flow their...
Millennials often get a bad rap. One of the myths about Millennials is that they don’t own homes and will be renters forever. Not true! Especially on the Front Range of Colorado. Based on research by our very own Chief Economist, Matthew Gardner, Millennials make up a significant percentage of all home buyers...
