article thumbnail

Metro Denver Reports Low Housing Inventory in November

Pro Builder

Metro Denver Reports Low Housing Inventory in November. Ongoing housing shortages are creating a competitive Denver market. November home sales in metro Denver dropped 38.4% year-over-year with only 1,444 single-family homes for sale at the end of the month, according to The Denver Post. Mon, 12/06/2021 - 10:12.

Denver 52
article thumbnail

As Homebuyer Demand Drops, Inventory Is on the Rise in Metro Denver

Pro Builder

As Homebuyer Demand Drops, Inventory Is on the Rise in Metro Denver. Fewer buyers are actively searching for homes as interest rates surge, and waning demand is leaving behind an abundance of inventory. Rising inventory is the direct result of elevated mortgage rates pricing out a growing share of buyers. Read more.

Denver 52
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. Housing Markets. Tue, 03/08/2022 - 10:23. in January, [Patrick] Kearnes said.

Denver 98
article thumbnail

Denver Listings Gone in Five Days with Inventory at Record Low

Pro Builder

Denver Listings Gone in Five Days with Inventory at Record Low. The Denver metro area has consistently averaged 13,531 active listings by the end of February since 1985. By the end of February 2021, there were only 2,024 properties up for sale, according to the Denver Post. cbroderick. Thu, 03/04/2021 - 09:36.

Denver 52
article thumbnail

Which Housing Markets Are Seeing the Biggest Inventory Gains?

Pro Builder

Which Housing Markets Are Seeing the Biggest Inventory Gains? while inventory rose 177% on an annual basis. Prices were also unchanged year-over-year in Georgia, but inventory was up 80.1% Along with posting the largest monthly change in active inventory (19.5%), Denver also saw a 103.3%

article thumbnail

Active Inventory Is on the Rise in These US Metros, but New Listings Are Slowing

Pro Builder

Of the 40 markets tracked in Bill McBride’s CalculatedRisk Newsletter, Denver, Las Vegas, and Nashville, Tenn., posted the strongest annual inventory gains of 208.2%, 231.6%, and 191.2%, respectively. year-over-year in Denver and 24.2% New listings were down 17.8% in Las Vegas.

article thumbnail

Metro Denver Adds 49 New Affordable Housing Units

Pro Builder

and financing came from Denver’s Homelessness Resolution Fund, the Colorado Housing & Finance Authority, and the Colorado Division of Housing, The Denver Gazette reports. “We million project was developed by the nonprofit REDI Corp., Hancock said in the release.

Denver 52