Hot homes: Mile High listings under $1M

The town’s housing market feels ripe for change, because the median closing worth for a house fell on the finish of Might in comparison with April, per the latest report by the Denver Metro Affiliation of Realtors.

Sure, however: The lower was solely a couple of quarter of a share level, per Andrew Abrams, chair of DMAR’s market traits committee.

The massive image: Value good points are leveling out, and stock will increase might show to be “early indicators that the gravity of upper mortgage charges may be lastly beginning to pull metro Denver’s housing market again to earth,” the Denver Post reports.

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