Up, up and away!
How high will prices go? No one really knows, but the predictions for this year’s median sales price was around 3%, figuring we were nearing the top of a curve. Prices were supposed to rise at a more moderate rate now that the market corrected itself after the housing bust. Well, 8.5% increase in median price in February over last year doesn’t sound “moderate” to me. Could this continue the rest of the year? I will predict that the Spring prices will be high, Summer prices will taper off around July and start to drop a little in the Fall… just like last year.
Rockies opening day today!
If you are going to the game today, take a moment to reflect on how much has changed around Coors Field. It’s not over yet, more changes are coming, like a new 28-story apartment building, restaurants and more office space. The growth in this area hasn’t been the fastest, but now, it’s in full swing.
QUOTE OF THE WEEK
~Martin Luther King, Jr.
See you soon,
Read the full newsletter here: 2018.04.06 – Friday Flyer