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Denver CO Thriving Real Estate


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Denver CO Thriving Real Estate
By Paragon Real Estate Group


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Located in the South Platte River Valley just east of the Front Range of the Southern Rocky Mountains, the Mile High City of Denver at an elevation of 5,280 feet is the capital of the State of Colorado.  Denver County's 567,000 people breathe life into homes in Denver's 80 neighborhoods. 

A Denver, Colorado real estate search could be a march through history.  Generally, real estate closest to the Denver downtown area east of Cherry Creek includes older Denver CO homes set close together and more brick buildings.  Recently redeveloped parcels, however, may sport very suburban, sleek modern, or urbanist with the feel of the older neighborhoods.  Applications for Denver home loans come across our desk for buyers wanting Denver properties as different as a penthouse at the top of a large skyscraper, turn of the twentieth century houses, to modern, suburban-style developments, and real Colorado ranches.

Over 200 parks, 29 recreation centers, and great trail systems give the active populace myriad places to walk, hike, bike, horseback ride, and play sports or explore the great outdoors.  In addition, the city maintains 14,000 acres of mountain parks including Red Rocks Park known for its scenery and musical history revolving around the unique Red Rock Amphitheatre and some ski terrain at Winter Park Resort.  Beautiful golf courses grace some of the areas, providing lush scenery and relaxation.

The economy has always been based partially on geographic position and the connection to some of the major transportation systems of the nation.  It is the largest city within 600 miles, a natural location for the storage of goods and services.  Large corporations utilize the position near the Denver International Airport and the new Colorado convention Center expansion could well land the city a spot in the top 10 for places to hold large conventions.  Through the eras of gold, minerals, and energy, the city emerged in the high tech as a key player.  Several large telecommunications companies are taking advantage of the ability to uplink six continents in the same business day.  New skyscrapers on the skyline are one sign of a vital downtown district.

Served primarily by I-25 and I-70, an extensive group of feeder roadways facilitate movement around the city.  The Regional Transportation District operates over a thousand buses and the new FasTracks light rail project, approved by voters in 2004, is expanding through the communities in the metro region.  The historic Union Station bustles with Amtrak, Ski Train, and FasTrack passengers.  It is the International Airport—a major hub covering over 53 square miles--that serves almost 50 million passengers a year.  There are also several established general aviation airports serving the area.

The public school system educates 73,000 students, far more than the handful that attended its first log cabin school in 1859.  In addition, many colleges, universities, and trade schools offer convenient training to students of all ages.

A strong cultural scene--from nationally recognized museums such as the Denver Art Museum, the Performing Arts Center, active pop, jazz, folk, and classical music lovers--draws people to downtown.  The 16th Street area and LoDo are unique people-watching sites full of galleries, night spots, shops, and festivals.  Another growing interest is the variety of sports teams regularly playing at Invesco Field, Coors Field, and Pepsi Center.  And, of course, there are a variety of rodeos and horse competitions.

In 1858, General William Larimer, a land speculator from Kansas, originally staked a claim on this area located across the river from a mining settlement called Auraria and he named it Denver City.   Shortening its name, it became the capital of Colorado Territory when that formed and of the State when it was admitted to the Union in 1876. 

The median household income is $39,500 and the median age is 33.  The city is located in the Mountain Time Zone, uses 303 and 720 for its area codes, and 0201738 for the GNIS feature ID.  For information on real estate or mortgages for the Mile High City, contact Kelly Oberbillig of Paragon Real Estate Group LLC at Kelly@Paragon4Home.com or call (303) 946-3745.


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