5 Reasons THIS Market Is an Ideal Place to Invest in 2019

Mark my words: buy in Thornton, Colorado. Invest in Thornton, Colorado.

I’ve been telling everyone this after already telling them to invest in Colorado Springs and also to invest in Chipotle stock circa Summer 2017. (You should have listened to me, Mom.)

And here’s a few reasons why I think it makes sense to invest in Thornton right now.

Why You Should Be Investing Here

1. The Tech Corridor.

Much to the chagrin of the natives, Colorado has been discovered and not just by the people but also by the tech companies. According to the Denver Post, 120 tech companies set up shop in Denver alone last year [1], and we know the ones with more money (ahem, Google, Amazon) have and/or are setting up in Boulder. [2]

That’s a lot of tech on U.S. Highway 36, and it goes to show that the metros near and between those two cities are going to benefit. Thornton happens to be 25 miles from Boulder and 10 miles from Denver.

2. No one really likes Thornton (yet).

I have lots of clients who know they should move north, but none of them are excited to live in Thornton, Northglenn, or Commerce City. That is a (capital letters) MISTAKE.

3. My Orange Theory theory.

Previously called my Starbucks theory, I’ve now modified it to my Orange Theory theory, because paying for a $28 drop-in class is only appealing to a certain kind of demographic. And that same demographic has to exist to pay for glamour coffee, organic groceries, and high-end dog food. Thornton not only has Orange Theory, but they also have Starbucks, Whole Foods, and Chuck + Don’s Pet Supplies.

My husband/business partner James once told me that Burger King does zero real estate research; they just go wherever McDonald’s goes. And by extension, I am saying be Burger King because Orange Theory is McDonald’s. You don’t need to like Thornton or think you like Thornton, because Orange Theory is telling you: we’ve done the research. It’s going to be really expensive soon.

4. Rents.

Again, the Denver Post has reported that rents have grown in Thornton by 72 percent this decade. [3] Single family home prices have also increased 42 percent in the past five years.

5. All the other stuff.

And, yes, millennial popularity [4] and the decriminalization of mushrooms [5] are Denver perks—but they are also reasons to think the cost of real estate in Denver will continue to go up. People will need somewhere else to live and invest outside of Denver—somewhere they previously didn’t want to live but are now okay with. And if you need further proof this is happening, travel back in time five years and see if anyone wanted to live in Colorado Springs back then.

If you haven’t gleaned as much already, I think a Thornton, Colorado, investment property is a great idea. Investing there now could result in a highly profitable income property later.

Are you listening, Mom?!

References

[1] https://www.denverpost.com/2019/05/17/downtown-denver-economic-boom-continues/

[2] https://www.denverpost.com/2018/08/30/amazon-boulder-pearl-street-headquarters/

[3] https://www.denverpost.com/2019/03/26/metro-denver-apartment-rents-past-decade/

[4] https://www.denverpost.com/2019/05/04/denver-top-destination-millennials/

[5] https://www.denverpost.com/2019/05/08/denver-psychedelic-magic-mushroom/