6 Reasons Why Home Prices are Increasing

It's no secret that the real estate market, ESPECIALLY in Denver, has seen a dramatic increase in home prices. According to CoreLogic, the national median home price grew at an all-time high 18.8% year-over-year in December 2021. Homebuyers are feeling the rise in costs of EVERYTHING, and the increased home prices are not going away anytime soon. The cost of waiting is extreme! It's time to get off the fence and into a home. Be sure you give my team a call and let's come up with a strategy that begins building long-term wealth through real estate. 

Nicole goes into details in this 14-minute episode about each of the reasons:

1) Artificially low mortgage rates during the pandemic

2) Low housing supply

3) Millennial household growth

4) Inflationary actions by the FED

5) Building costs & inflation

6) FOMO