Happy 2016 everyone.
Real estate in Denver for 2016 is predicted to cool slightly, especially with the recent mortgage rate hikes from the Federal Reserve. Others have predicted that Denver may be entering into another housing bubble: Tell-tale signs are saying that Denver’s housing prices are rising too fast and are bound to fall within this year or the next.
On a more positive note, a recently released report can help consumers determine whether to buy or rent in certain Colorado counties: if you are concerned about possible housing prices falling, especially within Denver, you may want to stick to renting until prices and inventory stabilizes during this year.
Stay tuned for more tips on Denver real estate throughout this year.