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Metro Denver Adds 49 New Affordable Housing Units

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The one-bedroom apartments, with support services from WellPower, seek to transition homeless individuals back into long-term housing. and financing came from Denver’s Homelessness Resolution Fund, the Colorado Housing & Finance Authority, and the Colorado Division of Housing, The Denver Gazette reports.

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

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Metro Denver and Colorado Springs Inch Into the 10 Least Affordable U.S. Housing Markets. With rising demand and inadequate regional supply, Colorado metros like Denver are seeing home price gains topping 20%. . Colorado as a state had the fifth most competitive housing market in the country in February, with 58.4%

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These Oversupplied Metros Could See Major Price Drops by Late 2024

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Formerly red-hot housing markets such as Seattle, Phoenix, San Francisco, and Austin, Texas, have seen substantial increases in inventory, and as a result, each metro is expected to see a double-digit price correction by late 2024. Read more Housing Markets Market Data + Trends Housing Markets

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Housing Prices Outpace Wages in Smaller Metros

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Housing Prices Outpace Wages in Smaller Metros. Migrating buyers are sending housing prices to record highs in small metros, but wage growth can’t keep up. Record-high housing prices are outpacing wage growth and forcing buyers to retreat in the midst of ongoing mortgage rate increases, according to The New York Times.

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As the Housing Market Inches Toward a Recession, These Metro Areas Are Cooling the Fastest

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As the Housing Market Inches Toward a Recession, These Metro Areas Are Cooling the Fastest. After years of record-high home prices and speedy sales, homebuyer demand is falling the fastest in these popular metro areas . Housing Markets. Housing Markets. Wed, 10/05/2022 - 10:16. New-Home Sales.

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The Half-Million Metro Club Is Growing—11 Housing Markets Now Surpass $500,000

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The Half-Million Metro Club Is Growing—11 Housing Markets Now Surpass $500,000. Buyers in metros like Salt Lake City are bogged down by median list prices now exceeding half a million. over the past 12 months with 11 metro areas now reporting median list prices of $500,000 or more, Fortune reports. Housing Markets.

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Migrating Americans Are Driving Up Home Prices in Popular Metros

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Migrating Americans Are Driving Up Home Prices in Popular Metros. Popular metros and tech hubs are attracting droves of migrating Americans hastened by remote work flexibility and a reinvigorated economy, but a larger pool of regional buyers means major price hikes in some up-and-coming markets. Tue, 02/08/2022 - 12:10.

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