Demand for income-producing property comes from both population growth and employment growth; both have been very strong in Denver for the past 6 years. Occupancies and rents drive the earnings of properties and these follow the economic cycle with a lag.
Economists are forecasting a continued economic expansion over the next four years and a continued slow pace similar to the last six years.
Click Here To Read The Full Article (courtesy of the Colorado Real Estate Journal and Glenn R. Mueller, PhD)