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Denver Housing Market

The Denver Housing Market is both overpriced and un-affordable to first-time home buyers per a recent Morgan Stanley poll.  89 percent of wealthy people in the Metro area agree with the Morgan Stanley survey. The market is out pricing first-time home buyers. Many people in the real estate community are growing concerned about a possible bubble.   Todd Hauer, a Morgan Stanley financial advisor, thinks that the 2008 economic crisis is still on people’s minds. People are very cautious as a result.

There is a split between poll respondents in that 49 percent backed the Denver Housing Market. They feel that people between the ages of 25 and 75 should invest in the Denver area. However, 51 percent did not feel the same way.  Hauer said that due to the 2008 housing bubble, whenever the real estate market or any other asset class goes up, risk also increases. The same applies to the reverse.



This post first appeared on Elegant Illumination - A Christmas, Lighting & Colorado Weblog, please read the originial post: here

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Denver Housing Market

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