In Colorado’s heated real estate market, is it better to be a renter right now?
Owning a home now costs $987 more per month than renting. But not every city or town is the same.
What’s Working: Same Denver house, same price, but $190 more per month
Interest rate hike means higher payments for home buyers but a decline in prices. Plus: Renting is cheaper, state jobless rate drops to 3.5%, more!
Colorado launches program to help homeowners struggling with their mortgage payments
Money is available to cover 3 months of past-due mortgage payments, but it may be too late for some homeowners in the foreclosure process.
Colorado’s mortgage relief program will pause after funds are used up
The state has started a separate rent-assistance program to utilize new federal relief, which provided no assistance for homeowners.
As 2020 winds down, renter programs get more money as Colorado’s state eviction moratorium is set to end
Funds to help people struggling with rent and mortgages payments are replenished as landlord applications for aid quadruples. Meanwhile, the federal eviction ban was extended to Jan. 31 as part of the new federal relief bill
Colorado has money to help struggling renters, but some landlords won’t play ball
“Some landlords are not willing to do this, and if they’re not willing to do it, we can’t help them, that client, which is heartbreaking,” said Kristen Baluyot, with The Salvation Army.
“COVID is still affecting everything”: Fears still mounting over a forthcoming Colorado eviction surge
Colorado eviction courts are seeing a buildup in cases now that moratoriums have expired
Why Colorado’s housing market looks so hot even though coronavirus is ravaging the economy
Home prices are up, the mortgage industry is thriving and 93.9% of renters paid July rent. But sudden unemployment caused a widening of cracks that have been there all along.
How hot is Mesa County’s housing market? Just look at the number of new homebuyers
On pace for a record-setting year of loans and down-payment assistance, CHFA investment is having impact far beyond the Front Range