RELATED: In denver housing market, what was hot is now cold. See where your ZIP code ranks in home prices. In all, Taylor’s renovations expanded the property from 7,000 square feet to 15,000 – that includes a 160-square-foot wine cellar in the basement – while gutting the house to the studs in the process.
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With mortgage interest rates surging higher and home prices outstripping wage growth for far too long, it’s time to start worrying about the overall health of the housing market in 2018 and beyond. We are into the 8th year of a bull cycle.
Home price appreciation in metro Denver slowed to a 4.7 percent annual pace in February, down from a 5 percent pace in January, according to the latest release of the S&P CoreLogic Case-Schiller Indices. Momentum is slowing across the country, with the national index dropping to a 4 percent annual gain in February compared to a 4.2 percent gain in January.
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In Denver housing market, what was hot is now cold. See where your ZIP code ranks in home prices. denverpost.com – Aldo Svaldi. A big rotation is taking place in metro Denver’s housing market this year, plunging some of last year’s hottest neighborhoods into the frigid depths.