Many people are wondering what the impact of the Brexit will be on the Denver real estate market? A couple of observations:
- Mortgage rates should decline as the yield on Treasuries is depressed as capital flows into the relative safety of the US Debt.
- 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!