Tag: Sunny Banka
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Despite higher mortgage rates, Colorado housing prices inch upward
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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…
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Is Colorado’s housing market over the peak?
The sudden rise in mortgage rates has homebuyers and potential sellers asking their real estate agents whether Colorado’s red-hot market is cooling off. And while agents aren’t seeing anything dire on the horizon, they do perceive things have changed, and that the peak of the market may have passed. “I think we hit a peak…