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Is Real Estate and Mortgage Stable in the Face of So Much Chaos?
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While the world seems to be crazy at the moment, Colorado real estate at least, seems to be playing out exactly as we expected this year.
Inventory remains relatively low due to many homeowners content with their long term low interest rate and buyer activity remains relatively high even in the face of mortgage rates much higher than one year ago.
Matt and Adam discuss the current forces impacting the economy and interest rates, as the two primary drivers of supply and demand in Colorado real estate. They discuss the long term ramifications of population migration to and from Colorado and impact on the local economy, influencing the longer term outcomes for Colorado real estate.
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