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

Pro Builder

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%. . The Denver Post reports. The Denver Post reports. times the median household income. .

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Denver Releases Controversial Housing Proposal to Combat a Growing Affordability Crisis

Pro Builder

Denver Releases Controversial Housing Proposal to Combat a Growing Affordability Crisis. The Denver metro could see increased low-income development as a result of a new affordable housing mandate, but many builders aren’t so eager to get on board. In Denver, those numbers are 17,000 and 28,000, respectively.

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Metro Denver Drops to the 5th Least Affordable U.S. Market

Pro Builder

Metro Denver Drops to the 5th Least Affordable U.S. Home prices are outpacing household incomes across metro Denver, leaving buyers with few options for affordable housing. Also on the list of the least affordable housing markets is Colorado Springs, where the median home sold for $435,000 in March. .

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How the Gender Pay Gap Affects Women Homebuyers

Pro Builder

The majority of females are still underpaid in comparison to their male coworkers, an affordability gap which is making its way into the housing market. As home prices reach new highs across the U.S., female buyers are feeling the sting of limited affordability heightened by a longstanding gender pay gap. of women. .

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Housing, Industrialized: Designing for Off-Site

Pro Builder

RELATED 2023 Housing Giants Report: Holding Back the Headwinds 2023 Housing Giants List: Ranking the Biggest U.S. Before we submit anything to the building department, we know how the house is going to be built,” says Donald Carpenter, VP of product development at Oakwood Homes , in Denver, which incorporated panelization 20 years ago.

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Energy Innovation: Solar Energy Solutions Continue to Gain Momentum

Pro Builder

With Denver city and county seeking to reduce energy consumption 30% by 2030, the Denver Housing Authority (DHA) began installing rooftop solar panels on 665 properties in 2005; another 2,335 were eligible, but were ultimately deemed unsuited due to issues of excessive shading, rooftop conditions, or redevelopment plans. .

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Median Single-Family Home Prices Surpass Half a Million in Colorado

Pro Builder

The median price of a home sold in the state of Colorado reached $600,000 in April, leaving outpriced Denver buyers with few alternatives in neighboring towns and metros. At the current median sale price statewide, buyers would need an annual income of $166,860 to qualify for a home purchase with a current interest rate of 5.5%