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Tag: Denver real estate

BACK ON THE MARKET Low inventory, low interest rates and a pandemic: How the coronavirus has changed residential real estate in Denver

“With this low inventory and buyers having to do everything they can to get these houses and not lose them, we’re essentially raising the value of these homes that organically would’ve taken years to happen,” Carnesi said. “The challenge with that is going to be affordability. At some point, when do homes start becoming unaffordable […]

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How a 41-year-old ‘house hacker’ built an $8 million real-estate portfolio that would let him retire now — if he wanted to

Hills started out 19 years ago when he was about three months out of college. He bought his first house with a 3.5% down Federal Housing Administration loan and a $6,800 down payment that he borrowed from his mom. He still owns that house, alongside a condo, townhouse, duplex, quadplex, apartment, trailer park, and eight single-family homes.

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