Barb Ecker News Today

Low inventory and higher mortgage rates stymied Colorado's typically robust spring housing market

Despite a double-digit percentage increase in new listings, the continued low inventory and interest rates that hover around 7% hindered potential buyers

In recent months, weve documented the increasing challenges facing average house hunters in Denver, thanks to one of the most unexpected and unpredictable boom markets in local real estate history. But the struggle doesnt stop at city limits. Across Colorado, high demand that continues to outstrip inventory has increased the difficulty of finding a home to call your own without breaking the bank — or robbing one. Thats one of the takeaways from a new overview by the Colorado Association of Re...