FROM OUR BLOG
July 2017 Denver Metro Real Estate Market Trends Report
August 3, 2017
buyers,
denver,
home ownership,
home purchase,
housing,
investment property,
market outlook,
mortgages,
points,
price,
rates,
real estate
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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