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“Being ex-Air Force, I can describe Chris as having a Fighter Pilot mentality.” - Jeff

“He understood the challenges of our area and came up with unique ways to navigate those obstacles. We felt supported and cared for in a way we had not experienced with prior realtors.” - Tracey/Mike

- 19yr Local Expert

- 365+ Closed Deals

- 94% of my closed listings were with the initial buyer.

- “Five Star Real Estate Agent” 11 consecutive years millennial renters have neither the means, nor the desire to buy a home that needs costly maintenance, tax payments, insurance, and other trappings of home ownership.

“What we see is a basic changing, if you will, of people’s attitudes about the fact of owning homes,” he said. And thus, the market demand for rentals is rising. Ressler went on to say that lifestyle is the focus and the Denver Metro area is one of those lifestyle markets.

Wheat Ridge, with its cultural events, open spaces and parks, also quali es. e challenge, according to Ressler is creating a place where the price of rentals matches, “the price point that people are looking for in terms of the basic wage and salary income that ts their lifestyle.” e city of Wheat Ridge is right on top of that trend. Hirt said that the assessment actually forum that the city has, “a relatively high number of a ordable rental units.” He says the problem is the aging and turnover of units to redevelopers. is drives up the cost of the rentals and is a problem that the strategy will tackle as well.

Hirt said the strategy will tackle housing in the city with:

• Some changes to the zoning code;

• Creating a new Wheat Ridge Housing Fund;

• Hiring a new sta person to capitalize on an increasing number of state and federal funding opportunities;

• Implementing a “naturally occurring a ordable housing” preservation program;

• New policies that would require a set aside of a certain number of housing units for workforce housing with some new residential developments (“inclusionary housing”); and

• a number of other actions that the city can take to address housing a ordability.

All of these measures are on trend for what other cities are doing across the country to attack the housing crisis, according to Ressler. He gave examples of Minneapolis, which has made policy and ordinance changes to make parking less of a barrier to building more a ordable rental housing.

In fact, parking and housing affordability is an issue that Wheat Ridge City Council is working on in their current session.

Ressler believes that the housing market will see more creative solutions. Cities like Wheat Ridge are at the cutting edge of things. When asked what he predicts to be the next trend in housing, Ressler said transit-oriented collaborations.

Like coordination of policy with RTD accessibility, which the city council already discusses in city council meetings.

For more information on the Rent Café housing report, see its blog.

For more information on the Wheat Ridge A ordable Housing Strategy and Action plan, check out the webpage.