Rising interest rates and inventory signal slight cooling of Colorado housing market
Rising interest rates and inventory signal slight cooling of Colorado housing market
Realtors are signaling a turn of the tide in Colorado’s sizzling hot housing market, even with home sale prices around the state still hitting record highs. Although housing inventory increased last month with the usual spring surge of new homes on the market, April saw home loan interest rates and home sale prices continue to rise. According to the April 2022 Market Trends Housing Report from the Colorado Association of Realtors (CAR), the statewide median sales price for single-family homes…
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