Similar Stories to What Is “high Plateau” And What Does It Mean For The Denver Housing Market? on Bing News

High plateau — it’s a phrase starting to pop up a lot more in descriptions of metro Denver’s housing market. “As long as we have economic growth, we will likely bump along a plateau both in terms of price and volume,” said Mark Boud, chief economist at Real Estate Economics, which recently merged with Hanley Woods Metrostudy. Boud predicts a three-year run of double-digit gains in metro-Denver home prices will come to an end in the second half of the year, ushering in a long stretch of meager price increases and then small declines. Barring major job losses, Boud doesn’t see a slump like 2007 to 2009, when the metro area suffered a tough stretch of falling home prices that drove a surge in foreclosures and distressed sales. Related ArticlesJuly 21, 2016 Denver metro rents hit an all-time high as vacancy rates decline July 21, 2016 No parking?

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