As The Denver Metro Area has become a booming area for not just potential homeowners, investors and more flock to get a piece of real estate. The more we become another New York, California culture, we become united with all the different types of people that enter our beautiful state to create an everlasting rich satisfying place to live! From our mountains to our need for CBD we have cultivated in to so much more than just what we used to be known as, a cow town.
Was it Legalization of Marijuana that caused our up beat new found destination? To watch out of state plates is the new slug bug of road trips here in Colorado. I do believe now that other states are legalizing we will start to see a slight downward hill but not a crash. This might help even out the prices for those trying to buy as well.
To unify and to watch so many move to our great state just makes it even more robusk with intellectuality of those all over the Globe, not just the United States. Being in the Real Estate business I have had the pleasure of working with people all over and now they have joined our fine state. What more could a girl ask for. The growing population is wonderful however it has caused an unbelievable need for affordable housing pushing some natives out of where they were raised.
You will see signs that say No Vacancy to others frustrated with the all hours of the day traffic but we need to be in realization that this will not define us. We welcome everyone on all four corners of our beautiful state regardless of race, gender or beliefs. To give back to our community in such a way to fix our affordable housing issue has always been a goal of mine.
The current affordable housing programs that exist do not work properly. As the income limitations make not sense. Say for instance you have to make under $40,000.00 for income qualifications but to purchase the home you have to make $70,000 to qualify. Makes no sense right? Also, why would someone want to buy affordable housing if you can't keep your equity? Well that makes it just renting from the government.There needs to be some rules established, like you must live in Colorado for more than 5 years to apply. The potential homeowners should be allowed to keep their equity and sell for a profit after 5 years also. There should be reasonable income limits also. I plan on finding a route to fix this by obtaining cheap land and building on it. These are dreams but I have often made dreams reality so let's just leave it there.
Staying up with all the new data that come in can be challenging but that is what we are here for