Posted inBusiness, Economy, Housing, News

What’s Working: More home sellers cutting for-sale price in metro Denver, Colorado Springs

Putting your house up for sale is stressful enough. Now, sellers find themselves having to cut their listing price after the home is already on the market.  Two to three times more sellers in Denver, Fort Collins and Colorado Springs reconsidered their list prices and then lowered them in June compared to a year ago, […]

Posted inNews

What’s Working | Median home values haven’t fallen in Colorado, but list prices for a new house have

As average 30-year fixed mortgage rates continue to hover around 6%, there’s an expectation that prices of homes for sale will fall. It’s only been 10 days since the Fed increased interest rates so it’s too soon to see the impact.  Or is it? So begins week two of What’s Working’s focus on housing (Missed […]

Posted inBusiness, COVID, Housing, News

Colorado launches program to help homeowners struggling with their mortgage payments

A new Colorado pilot program to help struggling homeowners make past-due mortgage payments is now up and running and offering up to three months of payments.  The Emergency Mortgage Assistance Program, or EMAP, has been in development since $10 billion in the American Rescue Plan was set aside by Congress in March for housing aid. […]

Posted inHousing, News

As Colorado’s older homeowners consider moving, a hot housing market often keeps them stuck where they are

When they bought their Highlands Ranch home in 1998, Kent and Yvonne Higgins and their children fit comfortably into the five-bedroom, multi-level house that was typical in the sprawling suburban development. But life’s milestones came and went, and kids grew up and struck out on their own. The couple paid off their mortgage and had […]