Highlights

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.

 

 

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