Here’s a quick digest of what happened in Denver real estate last month:
+ April proved to be a record-setting month for Denver annual home appreciation — a whopping 15.4%.
+ Showings are down and bidding wars begin to tame in Denver’s real estate market. Will buyers start to find relief or are some walking away from their search after high price fatigue?
+ Colorado is on the verge of an affordable housing crisis so severe that it could derail the state economy and contribute to a significant deterioration in the quality of life for those priced out of the market. The Common Sense Institute released a white paper on actions to reduce the shortfall.
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