The first concern that comes to mind is, 'Is it still worth investing in Denver, which has already seen significant price increases?' As a gateway city to the Rocky Mountains, Denver has experienced rapid population growth over the past decade, making it necessary to examine the situation by neighborhood.

The Cherry Creek area is a high-end residential neighborhood adjacent to commercial facilities, with many listings exceeding $1 million. In contrast, Highlands and LoHi typically see prices ranging from $750,000 to $850,000, while the area formerly known as Stapleton, now called Central Park, tends to trade between $650,000 and $700,000.

Recent trends show that Cherry Creek continues to maintain a gentle upward trajectory, while Highlands has seen a significant slowdown in price increases over the past year, approaching a plateau. Central Park, on the other hand, has a steady supply of new constructions, helping to keep prices stable.

From an investment perspective, Central Park stands out. As a planned community redeveloped from the old Stapleton Airport site, it has systematically developed infrastructure such as schools and parks, and the nearby commercial district continues to expand, leading to expectations of stable value appreciation in the medium to long term.

In terms of rental yield, condos near Central Park and Highlands appear relatively attractive. Calculating the rental income against the purchase price shows some cases yielding total returns in the low 4% range, while Cherry Creek tends to have lower yields around 2% due to higher purchase prices.

However, Denver has seen a significant increase in the supply of new condos and apartments in recent years, leading to intense competition in the rental market. It's advisable to consider that vacancy periods may be longer than expected.

For Korean households, the following points are worth considering:

• If you are thinking long-term rather than seeking short-term profits, areas like Central Park or Highlands with stable infrastructure may be a more comfortable choice.
• If prioritizing rental income, it's wise to carefully examine the rental price-to-purchase price ratio.
• It's also important to consider that areas with ongoing new supply may experience longer vacancy periods.

Denver remains one of the notable growth cities in the western interior, so rather than rushing in, it is recommended to thoroughly compare the differences between neighborhoods before making a decision.