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 inBusiness, Economy, Housing, News

What’s Working: Here’s how the Front Range housing market slowed over a few weeks as interest rates rose

A month after interest rates inched up, area real estate agents who help people sell their houses or assist in buying one say that yes, the housing market slowed in the past month. Houses for sale in June lingered a bit longer on the market than in May — by one day more in Colorado […]

Posted inBusiness, Economy, Housing, News

What’s Working: As recession concerns grow, Colorado building permits are on the rise

Inflation is still a hot topic but this week, we took a peek at what’s on the way in terms of new housing. And the easiest way to see the future? Residential building permits. This is Week 3 of a special version of What’s Working Housing. There are still some inflation updates below, plus a […]

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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 […]