Similar Stories to Metro Denver Home Prices Defy Gravity Of Higher Mortgage Rates In May on Bing News

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:
  • Builders finally making a dent in Colorado’s housing shortfall. It’s not helping buyers or renters.
    Builders are finally making a dent in the state’s housing shortfall, especially for apartments. But home prices and mortgage rates continue to outpace income gains, and affordability is worsening ...
    05/4/2024 - 1:00 am | View Link
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