Metro Denver homebuyers were hit with a one-two punch of both higher mortgage rates and higher home prices last month, unexpected blows that could test their stamina in the weeks ahead, according to a monthly update from the Denver Metro Association of Realtors. “Spring felt like a failure to launch, which has led to a summer kick-off where the natural rhythm of the Denver real estate market simply feels off,” said Libby Levinson-Katz, chairwoman of the DMAR Market Trends Committee, which compiled the report.

BING NEWS:
  • Cities with the fastest-growing home prices in the Phoenix metro area
    The typical home value in the United States was $349,216 in February, 4.2% higher than the year before. Increasing mortgage rates have slowed growth, with prices even declining in some places.
    04/7/2024 - 11:52 am | View Link
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