Metro Denver is one of the least affordable markets and Colorado one of the least affordable states for those looking to buy a home. Only 6% of the homes sold in the first quarter were affordable to households making the median income.
Every Dividend Stock On My Buy List For May seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.
Builders are making a dent in Colorado's housing shortfall, especially for apartments. But home prices and mortgage rates continue to outpace income gains, and affordability is worsening.
In Silicon Valley, Homebuyers Need to Make $400K a Year therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.
First-time homebuyers are continuing to have trouble affording a home as the housing market grows more expensive with high interest rates and asking prices.