Sunday, October 12, 2014

Best cities for Millennial home buyers

Denver

Located on the edge of the Rockies, Denver lures many active young, health conscious adults.

  • Median home price: $288,000
  • Job growth: 2.7%
The Mile High City beckons young 20- and 30-somethings who love the city's easy access to world class skiing, camping, hiking and mountain sports.
But it's the city's startup scene and high-growth industries that really lure them in.
Denver has become of the best places to start a business in the nation, according to the Denver Metro Chamber of Commerce.
An oil boom and growth in the healthcare and business services sectors has also helped to attract young professionals and boost area wages.
With median household income almost 20% higher than the national median, many buyers can afford Denver's higher than average home prices, according to NAR.

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