Tag: Lawrence Yun
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Denver home prices sees gains despite high interest rates
For a second month in a row, home prices in the metro Denver area have taken a jump — despite expectations that high prices and slightly higher interest rates would dampen the spring market. The median price of a resale home in the Denver metro area hit $605,000 in April, up another 2.5% over prices…
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Colorado housing market brighter than it looks, says national economist
Despite the unseasonal weather that’s thawing the early days of a new year, Colorado Realtors are still bundling up as they step into the market ahead. Median home prices are off from a year back, and sales aren’t appreciably better, according to the newest monthly data released Tuesday by the Colorado Association of Realtors. The…
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Despite higher mortgage rates, Colorado housing prices inch upward
Facebook Twitter WhatsApp SMS Email Print Copy article link Save On a day after the Federal Reserve in Washington signaled that it may raise interest rates again in coming months to cool inflation, Realtors in Denver are wondering whether rate hikes are having the opposite effect — discouraging sellers from listing their homes and driving up…