Fort Collins and Colorado Springs metro areas outpaced the Denver metro for rent hikes since 2019. Plus: Median home prices fell last month but not enough for many renters.
Zillow
Posted inNews
Denver rents are up 20% since 2019. They’re still rising, but not quite as fast.
What’s Working: A version of this story first appeared in a segment of our weekly What’s Working column on July 23, 2022. Additional details are included in this story. Read the full column. >> Sign up for the newsletter Just like home prices, rents are still much higher than they were pre-pandemic. According to Zillow’s […]
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, News, The Outsider
Zillow spent big in Colorado’s Front Range this summer, months before collapse of home-flipping business
The collapse of Zillow Offers — the online real estate giant’s venture into buying and selling homes — announced Nov. 2 can be traced, in one small part, to its over eagerness to invest in Colorado’s red-hot real estate market. The company bought hundreds of homes in the Front Range this summer, mostly in August […]
Posted inBusiness, COVID, News
Coronavirus isn’t stopping Coloradans from selling their homes. And some are even still going for a premium.
Two days after putting their Fort Collins home on the market, Jordan and Sarah Lewis got an offer that was $7,000 over their asking price. It came on a Friday, two days after Gov. Jared Polis issued a statewide stay-at-home order because of the new coronavirus. The Lewises didn’t wait for the weekend even though […]