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Would You Ever Own a Home With Friends (or Strangers)?
The Co-Own Company introduces a new model of homeownership aimed at helping first-time buyers in Denver get into the real estate game (yes, even in this market). Hilary Masell Oswald •
It’s no secret that for many Americans, homeownership is the primary means of building wealth. You put down some cash, secure a loan, buy a home, build equity over time, and eventually sell that home for a profit. But when a residential real estate market is as tight as Denver’s where the average single-family home price hit almost $630,000 earlier this year it can be tough for some people, especially first-time buyers, to get in on the action.
Co-Own Company reimagines homeownership for young adults in Denver
A 2,700 square foot, four-bedroom townhouse just outside of downtown Denver for $150,000 may sound too good to be true, but Co-Own Company is taking a new approach to make homeownership possible for young adults.
and last updated 2021-02-23 20:33:18-05
DENVER â A 2,700 square foot, four-bedroom townhouse just outside of downtown Denver for $150,000 may sound too good to be true, but Co-Own Company is taking a new approach to make homeownership possible for young adults.
The average single-family home price in Denver is above $600,000, making it difficult for young adults to break into the market.