16 Mar 2015

Average Home Price in Denver Tops $390K

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According to the Denver Business Journal the average home price in metro Denver topped $390K in February, 2015, up from $326,958 in February, 2014. Prices were impacted by the continued strong demand in the housing market and the 50% increase in the sale of homes priced at $1 million and above.

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The raising of capital through internet platforms, crowdfunding, is now a model for real estate. The Denver Business Journal reports that Broadmark Real Estate Lending Fund II has raised $1 million to be added to other capital for a variety of real estate projects in Denver and other cities