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Hello,
I've been looking around to buy a place in the Highlands area
(Denver, CO) for the past few months. I plan to put an offer down on a
place in the next day or two but had a question for the experts. There
is so much new residential construction going on in the area. I am not
sure what to make of it. I have been looking in the townhome market and
there are quite a few planned townhomes going in and hundreds of condo
units going up. On one hand, I see the surrounding property value
increasing but on the other, I am concerned about resale 2-5 years from
now with all of the new places going in. Just wondering what the take
was on the Highlands (specifically E. Highlands) and if it is a good
investment to buy new construction where so much new has already gone
up and much more is planned.
Thanks for your insight.
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Putting and Offer on Townhome in Booming Area
