
After an unprecedented eight year run
(2014-2022) that saw home values appreciate across the county, the
Denver real estate market
has started to change. A major
contributing factor has been the spike in mortgage interest rates that
went from historic lows in the low 3% range for a decade to nearly 7%
by late 2024. As
of February 2025, the market is mixed with high mortgage interest
rates combined with increasing inventory levels which is resulting
in price
reductions.
Denver's current
real estate market looks quite
different than years past as sellers are recalibrating their expectations
with more
properties to compete with and less buyer demand and buyers reluctantly
understand that mortgage
rates are not going down any time soon.
HomesInColorado.info
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Colorado including Denver, Boulder, Fort Collins & Mountain Suburbs
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HomesInColorado.info
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