Real Estate News - Denver, Colorado - Blog Archive: January, 2018

January 2018

Found 1 blog entry for January 2018.

The fix could take another decade, new study finds

More than a decade after the Great Recession swept through Colorado and decimated an overbuilt real estate market, metro Denver is now experiencing the other extreme: a chronic tight supply of housing that is sending home prices and apartment rents skyward.

It could take another 10 years or more to correct the imbalance, according to a new report on Denver’s housing crunch that points to a complex set of factors confronting metro-area homebuyers and renters, particularly those on the lower end or entry level of the market.

Those include shortages of available land for residential development and workers in certain trades, a backlash against growth, low productivity in the construction business

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