DENVER — The September housing report for metro Denver reflects good news for both homeowners and homebuyers. While closings are down 20%, home values remain very stable at a median home price of $585,000 in metro Denver, according to the Denver Metro Association of Realtors .
“They buy down the interest rates and they have a payment that’s much more attainable and manageable in their budget,” Dysart said. For example, on a $500,000 loan, a seller concession of $24,000 over three years could buy your $3,665 monthly payment down to $2,681 the first year, $2,994 the second year and $3,323 the third year.The current state of Colorado's real estate market Jeff Anastasio 3:50 PM, Oct 13, 2023 Thanasi Fkiaras is a first-time homebuyer who isn’t letting interest rates deter his dream.