Brexit Good for Denver Real Estate?

Many people are wondering what the impact of the Brexit will be on the Denver real estate market?  A couple of observations:

  1. Mortgage rates should decline as the yield on Treasuries is depressed as capital flows into the relative safety of the US Debt.
  2. Investment Capital may seek less risky environments with proven track records – Denver is just such a market.

All-in-all, if the global fallout doesn’t throw our economy off the rails, the Brexit could have some upside for the local market!

10Yr Treasury