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Metro Denver Adds 49 New Affordable Housing Units

Pro Builder

The one-bedroom apartments, with support services from WellPower, seek to transition homeless individuals back into long-term housing. and financing came from Denver’s Homelessness Resolution Fund, the Colorado Housing & Finance Authority, and the Colorado Division of Housing, The Denver Gazette reports.

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Metro Denver and Colorado Springs Inch Into the 10 Least Affordable U.S. Housing Markets

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Metro Denver and Colorado Springs Inch Into the 10 Least Affordable U.S. Housing Markets. With rising demand and inadequate regional supply, Colorado metros like Denver are seeing home price gains topping 20%. . Colorado as a state had the fifth most competitive housing market in the country in February, with 58.4%

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These Oversupplied Metros Could See Major Price Drops by Late 2024

Pro Builder

Formerly red-hot housing markets such as Seattle, Phoenix, San Francisco, and Austin, Texas, have seen substantial increases in inventory, and as a result, each metro is expected to see a double-digit price correction by late 2024. Read more Housing Markets Market Data + Trends Housing Markets

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Housing Prices Outpace Wages in Smaller Metros

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Housing Prices Outpace Wages in Smaller Metros. Migrating buyers are sending housing prices to record highs in small metros, but wage growth can’t keep up. Record-high housing prices are outpacing wage growth and forcing buyers to retreat in the midst of ongoing mortgage rate increases, according to The New York Times.

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Metro Denver Reports Low Housing Inventory in November

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Metro Denver Reports Low Housing Inventory in November. Ongoing housing shortages are creating a competitive Denver market. November home sales in metro Denver dropped 38.4% Housing Markets. Housing Markets. Mon, 12/06/2021 - 10:12. from October and 17.7% New-Construction Projects. Market Data + Trends.

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Denver Metro Housing Market Hits Cooling Period

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Denver Metro Housing Market Hits Cooling Period. Why Colorado’s capital city is seeing a decline in housing activity. . Though the housing market is still hot in most metro areas across the United States, Denver is seeing a major cooling period with fewer home sales and active listings during the month of October. .

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Metro Denver Housing Market Ends the Year With Meager Supply

Pro Builder

Metro Denver Housing Market Ends the Year With Meager Supply. Though housing demand remains high in metro Denver at the end of 2021, new listings dropped to the lowest count since 2016 with just 1,477 homes and condos available for sale compared to 2,541 at the end of 2020 and 5,037 at the close of 2019. Housing Markets.

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