Since the first earthquake in Nepal last month people in Colorado have been trying to help out. Housing is one of the most vital needs, and one group in Denver has been helping and planning an ever bigger effort.
National home sales increased more than 1 percent in February, but realtors say tight inventories and a lack of affordable housing could mean sluggish sales over the next few months. Examples of the housing squeeze are occurring in the Denver metro area.
Rent has increased 8 percent since last year, the Colorado Division of Housing says. The record average is now more than $1,000 a month, leaving some struggling to find affordable housing.
Due to frigid conditions in much of the nation, February’s real estate wrap-up required boots and a shovel, as well as deeper pockets.
Are home prices going up too fast, and should buyers and sellers be worried? 4 On Your Side Consumer Investigator Jodi Brooks found some answers because it all sounds too good on paper.
There was a last-ditch effort on Friday in Washington to avoid going over the fiscal cliff. President Barack Obama wrapped up what calls a “constructive” meeting with lawmakers.
At a time with record low interest rates, local housing numbers show many people in Denver buying expensive houses.