See 66 homes for sale in this year’s Denver Parade of Homes

The Parade of Homes includes 66 newly-built homes throughout the Denver metro area, all of which are up for sale. The tour is self-guided, allowing potential buyers to browse whichever homes they want.

The 2017 Denver Parade of Homes kicks off Thursday, Aug. 10 and runs through Labor Day, Sept. 4.

Homes will be open on Thursdays, Fridays, Saturdays and Sundays from 11 a.m. to 6 p.m. through Labor Day.

Homes featured on the tour span a wide range of prices, from the $300,000 range up to several million dollars.

Click or tap the image above to see photos of some of the featured homes.

Organizers expect 100,000 people to attend this year’s event.

For more information on the Parade of Homes, log on to paradeofhomesdenver.com.

Buying Is 33% Cheaper Than Renting

The results of the latest Rent vs. Buy Report from Trulia show that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States.

The updated numbers actually show that the range is an average of 3.5% less expensive in San Jose (CA), all the way up to 50.1% less expensive in Baton Rouge (LA), and 33.1% nationwide!

Other interesting findings in the report include:

  • Interest rates have remained low and, even though home prices have appreciated around the country, they haven’t greatly outpaced rental appreciation.
  • With rents & home values moving in tandem, shifts in the ‘rent vs. buy’ decision are largely driven by changes in mortgage interest rates.
  • Nationally, rates would have to reach 9.1%, a 128% increase over today’s average of 4.0%, for renting to be cheaper than buying. Rates haven’t been that high since January of 1995, according to Freddie Mac.

Bottom Line

Buying a home makes sense socially and financially. If you are one of the many renters out there who would like to evaluate your ability to buy this year, meet with a local real estate professional who can help you find your dream home.