FROM OUR BLOG
July 2017 Denver Metro Real Estate Market Trends Report
August 3, 2017
, home ownership
, home purchase
, investment property
, market outlook
, real estate
Read the July 2017 Denver Metro Real Estate Market Trends Report here.
- New home communities with price points below $450,000 are expecting strong buyer foot traffic and sales, while higher price communities are adding incentives as buyer activity slows.
- As of July 29th, Fannie Mae’s new Desktop Underwriter Version 10.1 will change the debt-to-income ration from 45% to 50%. Additionally, timeshare debt will be re-classified from a mortgage to an installment loan.
- Despite low levels of affordability, the Denver metro area has the smallest affordability gap between white households and households of color.