Is that a groaning sound coming from Denver’s housing market?
Source ↗
👁 5
💬 0
Stress cracks are forming in the upper corners of Denver’s housing market as elevated mortgage rates weaken buyer demand, causing sales to slip in a big way last month.
Metro Denver home sales fell by nearly a fifth between July and August, according to a monthly update from the Denver Metro Association of Realtors (DMAR).
“The general economic uncertainty continues to weigh heavily on real estate,” Amanda Snitker, chairwoman of the DMAR Market Trends Committee and a local Realtor, said in
Metro Denver home sales fell by nearly a fifth between July and August, according to a monthly update from the Denver Metro Association of Realtors (DMAR).
“The general economic uncertainty continues to weigh heavily on real estate,” Amanda Snitker, chairwoman of the DMAR Market Trends Committee and a local Realtor, said in
Comments (0)