Nationwide, 40.3 percent of homes are owned outright with no mortgage, the highest percentage ever recorded. Locally, however, Denver has one of the lowest shares of mortgage-free homeowners at just 27.1 percent.
The Real Estate Investment Index recently ranked 50 cities for first-time real estate investors. Three Colorado cities made the list: Aurora (31), Colorado Springs (34) and Denver (36).
In Globeville, a new library and 170 affordable housing units are coming to 4995 Washington Street, the site of a former used car lot. The 250,000 square-foot development will include the library on the ground floor along with community-oriented commercial space.
In the Denver Tech Center, a vacant 120,000-square-foot office building on the 4000 block of South Monaco is being converted into 143 affordable apartments. Developer Shea Properties expects one-bedroom units to rent for approximately $1,400 per month, with move-ins scheduled to begin in summer 2026..
In Denver, a Realtor.com report suggests that further rate declines could “unlock” more buyers, since the metro area has one of the highest shares of homes with mortgage debt, second only to Washington, D.C.
Local Events| Denver
Ghost Walking Tours
Ghost tours like the “Twilight Ghost Walking Tour,” or “Gaslights, Graves & Gold,” offer guided evening strolls through haunted Denver neighborhoods with stories of local legends and lore. These are a gentler spooky option for families who enjoy storytelling.
Click Here for more information!
MileHiCon
This science fiction & fantasy convention includes programming tracks for kids and families, vendor halls, art, interactive sessions, masquerades, and more. It can be a fun indoor (weather-proof) option for kids into fantasy, comics, and creative play.
Click Here for more information!
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