Denver Houses & Denver Condos

Congratulations, you’ve found the one website on Denver houses and condos that isn’t trying to sell you something. This site, rather, is going to share with you some of the fascinating prophecies of Fats Dominico, the greatest of all Denver realtors.

Fats was no ordinary realtor. While other realtors were focused on closing a sale and moving up the real estate food chain, Fats was looking for friends. And while Fats was looking for friends, he not only learned a great deal about Denver houses and condos, he learned a great deal about everything. He was the kind of guy that got people to open up and share their lives with him. The sale came second to personal relationships.

How do I know? Because Fat’s was my realtor, my friend, and my prophet. I didn’t like Fats at first, as I suspect like most of his friends-to-be. He was, as his name suggests, very fat, boisterous, extremely unaware of social norms, and disturbingly cross eyed. He also claimed to be a black belt in White Crain Kung Fu. He lumbered from his BMW to the front door of a house he’d close on within the day with the innocence and confidence of an athlete competing against children. He won sales because he won friends.

Once clients warmed to Fats’ ways they found an attentive and sympathetic listener, and one they would share their stories with, their work with, and their personal lives with. Many of these clients looking for Denver condos and houses were highly educated and successful businessmen, others erudite academics and others still tapped in to vast social networks and in tune with developments in art, literature, and city planning. He listened and learned.

And it is from many of these enlightened clients that Fats developed a vision for what has come to pass recently, as well as what I believe shall prove to be. It was through long conversations with two clients in particular, one an economist, and one an investor speculator, that Fats formulated a vision for Denver real estate that he needed to pass on. But few would listen to Fats during the booming 90’s, and fewer still during the second great real estate boom in the earlier part of this decade.

I listened on the other hand because I had to. Fats became a dear friend of mine, and he became fixated on what he called ‘the rejection of space’. And the more I listened, the more I had to consider the seemingly absurd things he was saying; things which developed from hours of communication with great minds and clients of his. And I consider myself lucky now that the economy has proven Fats correct, to have waited to buy Denver houses and condos. What exactly was Fat’s beef you ask?

Fats was not blind to the misuse of credit as well as lax lending standards. He said that never in history has a person been able to buy a house with no money down. And he saw one outcome, the same outcome you and I have seen from 2008 until now. From the economist he kept a few key concepts:

-American debt will result in a weakening currency and higher prices for ‘real things’ as soon as the economy ceases to expand as it was.
-As a corollary, paper currency would cease to be king, and a return to hard assets like gold and real estate would once again be a preferable preserver of value
-That transportation would become increasingly expensive, and as such would cause a contraction in social organization, requiring people to live closer to work
-That after the great financial bust (which I believe we’ve just seen take place) credit would not loosen for a long time, which will cause a decrease in home buyers and owners, and an increase in renters for years to come

And from the investor speculator:
-Times of economic turmoil have always proved great buying opportunities for real estate
-The last time the US saw drawn out recessionary periods was the 1970s, and the same investments that retained and grew wealth then will do the same today, notably gold and silver, energy and alternative energy, and real estate
-In times of inflation, own things that benefit from rising prices. Stocks and Bonds don’t fit the bill. Commodities and real estate do.

As we know by now, Fats was a veritable expert on Denver houses and condos. He sold the shit out of em. But he never got to see his visions come to fruition. Those visions which combine economic and investment wisdom with his specialized knowledge of Denver real estate. As Fats got closer to the end, he pleaded with me to put something out there for people to use as a guide. And so that’s what I’m trying to lay out here. An honest and generous man to the end, Fats wanted you to know:

-That Denver condos and Denver houses will appreciate when our currency gets battered through excessive bailouts and money creation

-That Denver, the great city it is, offers convenient public transport and is not so large as to be inconvenient and overly expensive for commuting

-That people will no longer seek ‘space’ in the suburbs and mountain communities, but will instead reject that space for budgetary reasons and convenience

-This will result in a favorable supply demand ratio for Denver houses that will create a long term bull market in city real estate, and sluggish growth elsewhere

-That the housing price collapse that will precede the great bull market will create very favorable cash flow scenarios for home-owners who rent out their houses (we are in the midst of this now)

-And that Denver, a city which offers beautiful mountain scenery, nice city planning, and a great atmosphere in general will attract many people from larger cities who can no longer afford to live in the suburbs of large cities, and who don’t want to live inside of those larger cities. Denver provides that mix of a relaxed and comfortable environment with the advantages of city living.

In short, Fats Dominico, the greatest of all Denver realtors wanted you to know that owning Denver houses and Denver condos in the coming years could prove one of the best personal and financial decisions of your life.