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As the Spring market begins, showing traffic is starting to come back to life in the West after a long, long break. In Colorado, homes prices have risen 3.8% year over year and months supply of inventory is a little over 2 months finally. So we have a little more choice in the homes available to see, but the cost to borrow is still putting a damper on the overall activity. See more about these metrics from myself and Anthony Meisner as we examine these and other important trends by checking out the latest Real Estate market update looking at Colorado's statewide numbers.
By Anthony Meisner & Jim MerrionAs the Spring market begins, showing traffic is starting to come back to life in the West after a long, long break. In Colorado, homes prices have risen 3.8% year over year and months supply of inventory is a little over 2 months finally. So we have a little more choice in the homes available to see, but the cost to borrow is still putting a damper on the overall activity. See more about these metrics from myself and Anthony Meisner as we examine these and other important trends by checking out the latest Real Estate market update looking at Colorado's statewide numbers.