You have to be able evaluate whether you will be able to afford it if you can't flip it and if you can hold it if your rental rates don't cover your costs (which it won't) until it becomes a viable rental (more or less 10 years) and most importantly if you see this market trend of appreciation continuing. 

You might want to run a CMA and see the current trends in the area.

Our Board of Directors receives reports on a monthly basis detailing trends.

I think you should analyze the area based on it's fundamentals -> growth potential, future trends, development, etc. and see what it looks likely to do.

However I'm curious if 1) folks have a sense of the long-term permanence of existing regulations in these cities; and 2) if there are other locations in Denver metro that are unregulated currently but could trend toward investor friendly like Arvada and Wheat Ridge (and Littleton which is out of my budget).

It's definitely a trend, but kind of always been the case.

It’s more of a “butts moving seats” kind of market.That being said, I see a trend of companies needing smaller space and being more price conscious.

Currently working with a broker, but noticing a trend of each property analysed all come in with revenue losses.  

I stay updated on market trends, economic indicators, and regulations related to the real estate investment industry.

would love to see other trends in the areas