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“Naturally Occurring” Affordable Housing Reaches New Low in Colorado

Pro Builder

“Naturally Occurring” Affordable Housing Reaches New Low in Colorado. An affordability crisis is sweeping through the state of Colorado, forcing many residents to relocate for cheaper housing. Tue, 02/01/2022 - 10:34.

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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%. . Colorado Springs absorbed unmet demand from Denver and saw a subsequent median home sold price of $440,000, which is 5.62

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

Pro Builder

Median Single-Family Home Prices Surpass Half a Million in Colorado. For-sale homes in Colorado reached a staggering $600,000 in April, while five counties reported a median home sale price exceeding $1 million. Fri, 05/13/2022 - 10:15. on a 30-year loan. Affordability is now at its worst level since the index launched in 2010.

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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. Not only are apartments becoming more difficult to find, but high-income millennials priced out of an expensive real estate market are also driving up competition by raising the average credit score of applicants for available rental properties. Thu, 12/30/2021 - 10:24.

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Students Build Net Zero House in Colorado

Natural Building

Gabriella “Gabi” Abello and Hannah Blake met as freshman roommates at the University of Colorado Boulder. Department of Energy Solar Decathlon building event: they designed a net-zero energy house in Fraser, Colorado, one of the coldest towns in the nation. Nearly four years later, they led the CU team to the top award in the 2021 U.S.

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

Pro Builder

Home prices are outpacing household incomes across metro Denver, leaving buyers with few options for affordable housing. Denver moved from the country’s eighth least affordable metro to the fifth in March after home sold prices rose 23% year-over-year to a staggering $564,990, over 6 times the median household income, The Denver Post reports.

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Homeownership Wealth Gains for Second Quarter of 2020

Pro Builder

In the bottom 20% income percentile, a home accounts for 99% of total assets, compared to 42% for families in the top 10% income bracket. Ana-Irvine; San Diego-Carlsbad; Los-Angeles-Long Beach-Glendale; Seattle-Tacoma-Bellevue; Boulder, Colorado; Urban Honolulu, Hawaii; and Denver-Aurora Lakewood, Colorado.