The Denver Colorado Housing Market has changed over the past 15 years, with the last 6 likely causing damage that will last for decades to come. With multiple years of double digit appreciation and nearly 40% increases in home prices from March 2020 – June 2022, affordability in the Colorado front range was pushed to the brink. Couple that with a much slower migration to the state and home prices have held steady over the past three years and may be positioned for a long term correction.
We discuss this as well as what is happening on the national level, how the conflict in the Middle East is impacting the markets and how you can strategize and perhaps take advantage of opportunities.
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Are you wondering what it is like to live in Denver, Colorado? Well, this is the channel for you! I am a Colorado native and also a Naval Veteran who has experienced relocating to the state, and I absolutely love this city. My #1 goal is to showcase every inch of the Denver Metro area and this beautiful state through video, so you have a complete understanding of the best areas that fit your lifestyle.
I work with clients from all over the world who are planning to relocate and I ABSOLUTELY LOVE IT!!! Reach out day/night/weekends ANYTIME, because I would love to be a resource for you when it comes to moving to or around Denver Colorado!!!
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Jimmy Everetts
Everetts Lending, Edge Home Finance
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COVID ruined everything. Prices went up and will not go back down. Denver isn’t worth paying $800k for homes. Not enough to do here.
Price is too high and houses are too large for me. I have looked for 10 years.
I don’t know what you talking bout, blaming tariffs, inflation, war, and so on, those things don’t matter at all, interest went down, there was no war and nobody was buying the house anyway, for passed year. Stop talking nonsense, the reason houses are not moving is because the inflated not realistic house prices. Just like in 2008, it happens now, people got stupid and started to buy houses that originally were selling for $250K for $750K. You can’t fix stupid…, the same with the cars market, people were buying cars for 35% over the sticker, taking credit for 8-10 years to be able to afford it. Now everyone is crying that they can’t sell the house. Most of the buyers between 2020 and now are upside down under mortgage their house is worth less than they own so foreclosures are going higher. It is a chain reaction, nothing to do with government or politics, just simple math.
What needs to happen homeowners need to cut price of the house and faster they realize faster they sale their house. The homeowners who think they will sale for what they paid 4-6 years are going to sit waiting for the buyers. Homeowners putting their homes on market 90-120 days later realize they can’t sale taking of the listing. The only way to sale is to lower the price significantly, and I understand nobody is willing to do this, but they will when the bank start knocking on their house door. Extra in insurance and extra in taxes don’t help. You need to stop spending hope, and start giving people facts!
Commies who run Colorado made us a 3rd world country