Denver housing market crash? (Aurora, Lakewood: condo, crime, refinancing)

[illinoisphotographer]

Originally Posted by bluescreen73

No thanks. Indy may be cheaper, but it's also dumpier, has significantly more violent crime, and is a serious downgrade in QOL. I wouldn't move there for double my Denver salary.

My only experiences with Indy have been running the marathon in 2013-2015, but I didn't find it too bad. That said, I feel like Denver is on a completely different scale than Indy -- in culture. recreation, and economy.

While I would never choose to live in Indy, I have a high school friend who went to med school at IUPUI and is still down there and never has had anything negative to say about it, outside any complaints of a midwest city of that size would have (weather, not a lot of outdoor activities, etc)

[ColdAilment]

Originally Posted by illinoisphotographer

My only experiences with Indy have been running the marathon in 2013-2015, but I didn't find it too bad. That said, I feel like Denver is on a completely different scale than Indy -- in culture. recreation, and economy.

While I would never choose to live in Indy, I have a high school friend who went to med school at IUPUI and is still down there and never has had anything negative to say about it, outside any complaints of a midwest city of that size would have (weather, not a lot of outdoor activities, etc)

Denver is significantly larger than Indy, but how would you say it's on a different scale?

[COcheesehead]

We sold our house in the south ‘burbs in June. At that time there were one or two other houses for sale in the neighborhood and both sold in days.
Now...
Seven houses are on the market in the same hood. Most for at least a month. A few with price reductions already.
The market is shifting and fast.

[MN_Ski]

Just for reference, I have been watching Zillow and filtering by the "days on Zillow" every morning. Available homes seem to be only increase day after day. It's also funny seeing homes get listed for like 425K, and then come back at 335K or something. Not very common, but still kind of funny.

Heh...

[davebarnes]

Originally Posted by ColdAilment

Denver is significantly larger than Indy, but how would you say it's on a different scale?

Indianapolis has 200,000 more people than Denver.
I don’t think you understand what “larger” means.

[ServoMiff]

I lived in Indianapolis for 8 years, and having spent a few visits to Denver it is not even marginally debatable that Denver is far superior. Indy is undoubtedly cheaper, but also significantly poorer with higher crime that is not segregated to specific areas of town.

Indy does have some nicer qualities and the downtown areas has made strong strides over the last few years, but the overall QOL is still overall poor, IMO. There's a strong sports culture, but there's not much else there - and the only places that really have a decent QOL are in the higher property value areas.

[emm74]

Originally Posted by MN_Ski

Just for reference, I have been watching Zillow and filtering by the "days on Zillow" every morning. Available homes seem to be only increase day after day. It's also funny seeing homes get listed for like 425K, and then come back at 335K or something. Not very common, but still kind of funny.

Heh...

Was that a flip where they did work on it or did they seriously think they were going to make 100K for buying and then selling it 3 months later?

[ColdAilment]

Originally Posted by davebarnes

Indianapolis has 200,000 more people than Denver.
I don’t think you understand what “larger” means.

I don't think you understand what larger means. City populations are drawn by arbitrary city boundary lines.


Indianapolis Metropolitan Population: 2 million

Denver Metropolitan Population: 2.88 million


Over 800,000 more people living in the Denver metro area. Would you really say that Indianapolis is larger than Washington D.C., Miami, Boston, and Seattle? Please stop comparing city populations, it's a very inaccurate comparison.

[davebarnes]

Originally Posted by ColdAilment

I don't think you understand what larger means. City populations are drawn by arbitrary city boundary lines.

City means political boundaries.
MSA is a completely different animal.
You wrote “city”.

[ColdAilment]

Originally Posted by davebarnes

City means political boundaries.
MSA is a completely different animal.
You wrote “city”.

I said,

Originally Posted by ColdAilment

Denver is significantly larger than Indy, but how would you say it's on a different scale?

That is what I said, please scroll up. No one in their right mind goes around saying that Indianapolis is larger than Minneapolis, Detroit, Miami, Atlanta, Boston, Baltimore, Seattle, and yes Denver. City populations are arbitrary numbers.