Barb Schlinker The Real Estate Voice

Colorado Housing Market Predictions: Bubble, Bust or BoomSegment 1Colorado Housing Market Predictions: Bubble, Bust or Boom Barb, I know we have discussed the rise of home prices and the fear of another market bubble and the subsequent drop in home values.  What is your best prediction on where the market is heading into the future?As a YouTuber, I watch a lot of content:Some Say:  Doom and GloomOthers Say: Market is Heading UpReal Estate is VERY LocalWhat is the Truth?We Happen to Live in a Place Where People are MOVING TO:Markets are Subject to Supply and Demand.Supply:ELP, Teller + Elbert600 SFA HomesLast week: 653 SFA HomesDEMAND:  More Annual SalesDO HIGHER PRICES AFFECT SALES?Interest Rates are Lower!Low Interest Rates Makes Homes MORE AFFORDABLE Than They were in Last Decade: 2000-2009AS A PERCENTAGE OF MEDIAN INCOME!Per CEO of C21 on Fox Biz Maria Bareromo Show:Executed Contracts Up by 4.2%Median Price (nationwide) Up 12%+Inventory Starting Up – only 1.2%Goldman Sachs – Supply/Demand Favors SellersWhi