Barb Schlinker The Real Estate Voice

Could the Colorado RE Market Face A Decrease in the Near Future?

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Sinopsis

Segment 1 – Could the Real Estate Market Dip Because of Increased Interest Rates & Inflation719-301-3900  | Your Home Sold Guaranteed Realty ColoradoBarb, this real estate market is very robust, but there are still some people dropping out of home buying because interest rates have risen or the homes have become unaffordable Do you think the real estate market could decrease in the coming years?I think real estate and employment are very closely connectedThis market with its increase of between 15 and 19% in the past yearInventory is down by 50% record lows up to $1 Mil don’t see a downturn in the near futureWhat we have now is:? Moderate Interest Rates? Growing Buying Population ?  Very Limited Supply of Houses? Great place to liveIndustry Experts Like Ameriprise and Nar:Higher Prices Combined with  Limited Housing AvailabilityPlus Rising Mortgage Rates — Have Cooled Demand Somewhat Bottom line: “We believe it will remain a “seller’s market” for the remainder of the year, and home prices are likely to se