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About Colorado

In Denver Real Estate | on September, 07, 2012 | by | 0 Comments
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Aspen, Colorado Real Estate

Any Real Estate Agent in Denver should be able to tell you about the history and features of this great state. The state of Colorado was admitted to the Union in 1876 by President Ulysses S. Grant and is nicknamed the “Centennial State” because it became a state during the centennial year of the United States Declaration of Independence.

Located in the heart of the American Southwest, Real Estate in Colorado meets at a famous junction on a map of the U.S. known as “The Four Corners” – a place where Colorado, New Mexico, Arizona, and Utah meet in a common point. Homes for sale in Denver offer access to the amazing Rocky Mountains, the red tinged Colorado River cutting its way through the earth, archeological digs of dinosaur graveyards and the earliest settlements of Native American Indians, and cultural attractions like museums and the Red Rocks Amphitheatre – a wide range of amenities and attractions for visitors and residents alike to enjoy.

Residential Housing Market

A qualified, knowledgeable Realtor in Denver can tell you about the housing market. Residential Real Estate in Colorado includes more than 1.8 million housing units, which is a mix of single and multi-family units. This includes any combination of houses, apartments, condominiums, and townhouses. Nearly 25 percent of its residential units were constructed between 1970 and 1979. According to the most recent data available in July 2012, 1.65 million of its housing units are occupied, closely mirroring the percentage in many other states in the Southwest.

As estimated by a Denver Realtor, more than 700,000 residences carry a mortgage, with the largest number – 267,507 – costing the mortgage holder between $1,000 and $1,499 each month. The median monthly mortgage amount is $1,197 while the median rental cost is $671.

According to recent data, the average home value in Colorado is $203,000 with Boulder Metro region being the most expensive at $307,000 and homes in the Pueblo Metro reason some of the least at $98,000.

Things to do while you’re there

For tourists and residents alike, Colorado has an amazing range of things to see and do. Here a quick rundown of the state’s top five attractions:

  • For those just visiting, a travel agent Denver can tell you about Red Rocks Park and Amphitheatre. Today, more than 250 million years later, the Red Rocks area features a park and amphitheatre for unparalleled natural acoustics for outdoor concerts, plus spectacular views for hiking trails.
  • The Denver Art Museum opened its newest wing, the Hamilton Building, in 2006. It features spare, modern spaces which contrast with the old world fortress-style of the original museum, now called the North Building.
  • Unique outdoor shopping at Pearl Street Mall in Boulder. The Downtown Boulder Historic District has been listed on the National Register of Historic Places since 1980, and includes the city’s oldest commercial section. Automobile traffic was prohibited beginning in 1976, and the construction of an open-air pedestrian mall began soon afterward. It now includes craft breweries, cafes, restaurants, and boutique stores that line the brick pathways of this college town.
  • The Denver Zoo covers 80 acres in City Park, and attracts more than 1.6 million people each year. The zoo opened in 1896 and today houses almost 4,000 animals from across the world.
  • Located in the center of the Mile High City, Denver’s 16th Street Mall features dozens of outdoor shopping and dining opportunities, plus a movie theatre and bowling alley.

The state of Colorado features amazing historical, geographical, and archeological attractions, as well as world class museums, and shopping and dining options to enjoy.

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