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:
  • Home values defy gravity for 15th month
    The housing market continues to defy gravity and trend higher even as interest rates remain elevated and affordability is stretched.
    04/30/2024 - 6:46 am | View Link
  • Home Prices Continue Their Rise, Defying High Mortgage Rates
    The housing market remains caught in the crossfires of high prices, elevated mortgage rates and low inventory of homes for sale, although that has been improving of late. Mortgage rates, however, have ...
    04/30/2024 - 2:40 am | View Link
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