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103 income-restricted residential units under construction in Downtown Denver

BD+C

Capitol Square Apartments, a six-story infill development designed by KTGY is set to bring 103 income-restricted units for a range of low- and moderate-income households near the Central Business District of Downtown Denver.

Income 59
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Metro Denver and Colorado Springs Inch Into the 10 Least Affordable U.S. Housing Markets

Pro Builder

Metro Denver and Colorado Springs Inch Into the 10 Least Affordable U.S. With rising demand and inadequate regional supply, Colorado metros like Denver are seeing home price gains topping 20%. . The Denver Post reports. The Denver Post reports. times the median household income. . Housing Markets.

Denver 98
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Metro Denver Drops to the 5th Least Affordable U.S. Market

Pro Builder

Metro Denver Drops to the 5th Least Affordable U.S. Home prices are outpacing household incomes across metro Denver, leaving buyers with few options for affordable housing. Colorado’s affordability crisis is driven by a low supply of homes for sale as well as a wide price to income ratio in the state’s major metros.

Denver 52
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Denver Releases Controversial Housing Proposal to Combat a Growing Affordability Crisis

Pro Builder

Denver Releases Controversial Housing Proposal to Combat a Growing Affordability Crisis. The Denver metro could see increased low-income development as a result of a new affordable housing mandate, but many builders aren’t so eager to get on board. In Denver, those numbers are 17,000 and 28,000, respectively.

Denver 52
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High-Income Millennials Aren’t Backing Out of the Rental Market

Pro Builder

High-Income Millennials Aren’t Backing Out of the Rental Market. As a result, metros like Denver are seeing an average of 14 prospective renters sending applications to every vacant apartment on the market, The Denver Post reports. Thu, 12/30/2021 - 10:24. Apartment supply is dwindling in many smaller metros across the U.S.

Income 52
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“Naturally Occurring” Affordable Housing Reaches New Low in Colorado

Pro Builder

Over the last decade, Colorado has lost 300,000 “naturally occurring” housing units that homeowners making $45,000 or less can reasonably afford without spending less than 30% of their income, amounting to 10% of the state’s total housing stock, according to The Denver Post.

Colorado 105
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Median Single-Family Home Prices Surpass Half a Million in Colorado

Pro Builder

The median price of a home sold in the state of Colorado reached $600,000 in April, leaving outpriced Denver buyers with few alternatives in neighboring towns and metros. At the current median sale price statewide, buyers would need an annual income of $166,860 to qualify for a home purchase with a current interest rate of 5.5%