Low inventory, high interest rates continue to push home prices up
The inventory of homes for sale in Colorado dropped 15% from July to August, while the median sales price increased 2%.
Source: denverpost.com
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Colorado Real Estate Is a Seller's Market in 2020 Update
In recent months, we've 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 doesn't 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. That's one of the takeaways from a new overview by the Colorado Association of Realtors. The organization reached out to members across the state to get their take on the 2020 ma...
Source: westword.com