It’s no secret that the Denver real estate market has been booming for the past couple of years. As one of the first to recover from the housing crash in 2008, Denver saw tremendous growth in a very small amount of time.
With the rise in housing prices, millennial buyers (defined as 18-35 year olds) are feeling pushed out. The American-dream of homeownership feels more out of reach than ever before. However, based on a recent study from Trulia, while the initial purchase may feel like a stretch, statistics show that millennials can expect their mortgage payment to be comfortable within three years.
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