A lot of people have gotten hurt in real estate because they're too short-sighted. They get in too late and want to sell right away.

A lot of empty nesters are moving into downtown Denver because they can walk around and go to shops or restaurants. Downtown Denver used to have rows and rows of boarded up houses selling for $10,000, but now those houses are selling for $150,000 on the low end, and lofts are going for $1 million.