Thursday, May 26, 2022
  • HOME
  • TRENDING
  • DENVER FOODIE
  • REAL ESTATE
  • AUTO
  • HEALTH
  • SPORTS
  • EVENTS
  • ADVERTISE
  • SHOP
  • CONTACT
  • HOME
  • TRENDING
  • DENVER FOODIE
  • REAL ESTATE
  • AUTO
  • HEALTH
  • SPORTS
  • EVENTS
  • ADVERTISE
  • SHOP
  • CONTACT
No Result
View All Result
No Result
View All Result
Home Real Estate
Coloradans Struggling to Live in Colorado

Coloradans Struggling to Live in Colorado

Despite having good credit scores and ample savings, buyers are struggling to close on the homes they want due to intense competition.

by Kevin Fox
April 13, 2022
in Real Estate
0
0
SHARES
2.6k
VIEWS
Share on FacebookShare on Twitter

 

Denver Skyline

After months of looking and dozens of offers, many Coloradans are finding themselves out-bid and discouraged from buying their dream home. Despite having good credit scores and ample savings, buyers are struggling to close on the homes they want due to intense competition. Unless something changes soon, it looks like many people will have to keep renting or settle for a home that’s not quite what they wanted.

Real estate agents are feeling the effects as well; Ed Prather, a local real estate agent stated, “It’s taking not one offer, not even two or three. In some cases, it’s 10, 15, 20.” Chad Nash, real estate advisor expressed, “I spend the bulk of my time, week in and week out, just really encouraging my buyers to stay with it.”

Middle-income families could soon be able to afford a home, thanks in part due to the efforts of State Senator Rachel Zenzinger. The Senate is currently considering a piece of legislation called the Revolving Loan Fund Invest Affordable Housing, which is hoped to address “those individuals who are in the middle” by “benefiting people in the middle and below, because no longer will they be taking over those low-income spaces for individuals that need them,” according to Zenzinger.

 

 

Tags: Colorado housingDenverHousingReal Estate

Related Posts

Watering Your Lawn in the Denver Metro Area
Home and Garden

Watering Your Lawn in the Denver Metro Area

May 23, 2022
Two Colorado Cities In ‘Best Places to Live’ US Rankings
Trending

Two Colorado Cities In ‘Best Places to Live’ US Rankings

May 17, 2022
16th Street Mall is Getting a Much-Needed Makeover!
Trending

16th Street Mall is Getting a Much-Needed Makeover!

April 19, 2022
See Where Denver Ranks in the Most Expensive Metros in the U.S.
Real Estate

See Where Denver Ranks in the Most Expensive Metros in the U.S.

April 9, 2022
Next Post
‘Stranger Things’ Season 4 Trailer Just Dropped!

'Stranger Things' Season 4 Trailer Just Dropped!

Discussion about this post

Study Ranks Colorado As One Of The Least Rude States In America
Colorado Spotlight

Study Ranks Colorado As One Of The Least Rude States In America

by Kevin Fox
May 24, 2022
0

A study conducted by Best Life ranks Colorado as the 44th rudest state in America. There are some places in...

Read more
Sanchos Broken Arrow Might Lose Their Liquor License

Sanchos Broken Arrow Might Lose Their Liquor License

May 24, 2022
Tesla Owner Narrowly Escapes Car Fire

Tesla Owner Narrowly Escapes Car Fire

May 23, 2022
Watering Your Lawn in the Denver Metro Area

Watering Your Lawn in the Denver Metro Area

May 23, 2022
Former Denver Bronco Assaults Airport Employee and gets Arrested

Former Denver Bronco Assaults Airport Employee and gets Arrested

May 23, 2022
  • Contact Us
  • Advertise

© 2021 I'm From Denver - Colorado's fastest growing online publication

No Result
View All Result
  • HOME
  • TRENDING
  • DENVER FOODIE
  • REAL ESTATE
  • AUTO
  • HEALTH
  • SPORTS
  • EVENTS
  • ADVERTISE
  • SHOP
  • CONTACT

© 2021 I'm From Denver - Colorado's fastest growing online publication

X