A question we've been hearing from our owners lately: what do the recent Denver price headlines actually mean for my rental?
The short answer is less than the number suggests..
Zillow has Denver home values at $538,992, down 3.4% from a year ago. But that dip follows price jumps of roughly 17% in 2021 and 15% in 2022.
What we're seeing now reads more like the market catching its breath after two unusually strong years than any kind of downturn.
For rental owners, the fundamentals haven't shifted, rent still comes in every month, your loan balance still goes down.
The day-to-day of owning a Denver rental property doesn't change because of one monthly headline number!
If you have questions about how current market conditions affect your specific property, we're always happy to talk it through -
303-228-7800 or hello@myhavengroup.com
