Home prices reach $387,600 record high, putting a damper on spring
Continued demand and lack of inventory are driving up the prices of homes at a time when mortgage rates are also climbing.
Continued demand and lack of inventory are driving up the prices of homes at a time when mortgage rates are also climbing.
Demand for buying a home will remain strong in 2024 even though mortgage rates have been around 7% this year.
The median mortgage payment jumped to a record $2,843 in April, up nearly 13% from a year ago, a new analysis finds.
After a hotter-than-expected inflation report on Tuesday, economists now believe the Fed could postpone its first rate cut. Here's what to know.
Mortgage rates recently hit their highest levels in more than two decades, pricing many out of the market. Here's what to expect in 2024.
"Even places that historically have been affordable now need six figures," according to Redfin's chief economist.
With mortgage rates topping 8%, some home buyers are hoping to see some relief with the Federal Reserve's next decision.
The average rate for a 30-year home loan crossed the 8% threshold this week, deepening the affordability crisis for homebuyers.
In Northern California, home prices jumped during the pandemic. Since then, the region has seen some of the steepest price declines in the country.
A little-known surcharge set to change on May 1 could impact consumers in different ways.
As the spring homebuying season approaches, affordability is at its lowest point in history, one economist said.
Buyers are getting squeezed by higher real estate prices and soaring mortgage rates, which could force more out of the market.
The rate on a 30-year fixed-rate mortgage went up, but not by much. However, it was enough to get the attention of everyone in the housing market.
Home buyers want to take advantage of the low interest rates, but they also want to get a good deal on a house. CBS4 Money Saver Suzanne McCarroll found one option most people may not have thought of.
Homeowners and those looking to buy a house are calling their mortgage companies trying to lock in rates, fearful they may start heading upward.
In Evergreen, Buchanan Park is getting a big makeover soon and at the center of the push is an increasingly vibrant skate community. One that wants to create a hub for all the mountain towns to enjoy.
The Interlaken Fire in Colorado's high country has burned 578 acres, and some residents who live near it in Lake County were asked to evacuate. Fire officials say the wildfire is 0% contained.
The Supreme Court preserved nationwide access to medication abortions, but the political debate goes on.
Kennedy told voters during an event in California that U.S. foreign policy has been based on the "delusion" that American intervention abroad will uphold democracy.
A Frederick police officer is facing several charges after allegedly pistol-whipping a suspect during an arrest in Colorado.
In Evergreen, Buchanan Park is getting a big makeover soon and at the center of the push is an increasingly vibrant skate community. One that wants to create a hub for all the mountain towns to enjoy.
The Interlaken Fire in Colorado's high country has burned 578 acres, and some residents who live near it in Lake County were asked to evacuate. Fire officials say the wildfire is 0% contained.
A Frederick police officer is facing several charges after allegedly pistol-whipping a suspect during an arrest in Colorado.
A female hiker died after she collapsed and lost consciousness in Colorado National Monument.
The Arvada Police Department is asking for the public's help locating a suspects involved in several Pride flag thefts.
Georgia Grace Spencer was born on June 5 and big sister Stella is excited about the new addition to the family.
Yvie Oddly is a Denver native who won RuPaul's Drag Race Season 11 in 2019. She is also the first-ever Colorado winner.
In Evergreen, Buchanan Park is getting a big makeover soon and at the center of the push is an increasingly vibrant skate community. One that wants to create a hub for all the mountain towns to enjoy.
The Weld County District Attorney will not prosecute a forensic DNA analyst who was fired over possible anomolies in her work.
The Interlaken Fire continues to burn unchecked in southern Colorado, reaching nearly 500 acres.
Swimmer Lia Thomas' attempt to overturn World Aquatics' policy for transgender athletes, which she felt were discriminatory, has been dismissed by the Court of Arbitration for Sport.
Caitlin Clark, the first round overall draft pick for the WNBA, was not chosen, disappointing fans. Now, USA Basketball has responded.
Colin Prater's path to Pinehurst and the 2024 U.S. Open wasn't easy. Forty-four players are trying to qualify for only two spots.
NFL running back Christian McCaffrey is the cover athlete for the new Madden NFL 25 video game.
Three fans pleaded guilty in the first conviction for racism-related cases in professional soccer in Spain.
The Supreme Court preserved nationwide access to medication abortions, but the political debate goes on.
Kennedy told voters during an event in California that U.S. foreign policy has been based on the "delusion" that American intervention abroad will uphold democracy.
President Biden already said he will not pardon his son, Hunter, which he reiterated during a joint news conference in Italy on Thursday.
Meteorologists warned as much as 8 more inches of rain could accumulate in low-lying areas in Florida before the weekend.
The Senate Judiciary Committee said it received documents showing Justice Clarence Thomas took three trips on a private jet provided by GOP megadonor Harlan Crow that had not been disclosed.
The Supreme Court preserved nationwide access to medication abortions, but the political debate goes on.
Kennedy told voters during an event in California that U.S. foreign policy has been based on the "delusion" that American intervention abroad will uphold democracy.
President Biden already said he will not pardon his son, Hunter, which he reiterated during a joint news conference in Italy on Thursday.
The Senate Judiciary Committee said it received documents showing Justice Clarence Thomas took three trips on a private jet provided by GOP megadonor Harlan Crow that had not been disclosed.
An attorney for the wife of New Jersey Sen. Bob Menendez said she "has medical equipment implanted in her body and is in intense, chronic pain."
The two genetic changes to H1N1 could cut the effectiveness of the main flu antiviral doctors turn to.
The World Health Organization has confirmed a human bird flu case in India – a 4-year-old who was infected with the H9N2 avian flu virus.
Researchers at Colorado State University are nearing completion of an effort to create and develop rapid at-home tests for HIV.
New regulation could potentially help millions of Americans land a job, rent an apartment or qualify for a car loan.
While raw milk can't be sold over state lines, some states permit sales within their borders.
U.S. Department of State is beta-testing online passport renewal system. Here's what you need to know.
Tesla CEO Elon Musk says the electric vehicle company's shareholders are voting "by wide margins" to approve his multibillion-dollar pay package.
Alamo Drafthouse, which emerged from the pandemic after filing for bankruptcy, will see its 35 theaters remain open under Sony Pictures deal.
The video game retailer has recently raised roughly $3 billion in cash, capitalizing on a jump in its stock price.
Key report on consumer prices comes ahead of interest-rate decision by the Federal Reserve in the afternoon.
Right now, Coloradans are struggling to make ends meet, and a nonprofit in Denver is providing opportunities to change that.
From blazers to shoes, women of all shapes and sizes enjoyed a free shopping spree. Some were even able to get a makeover.
This week Denver city officials celebrated the opening of 49 new affordable condos in the Five Points neighborhood.
"Happiness, peace, and dreams aren't for other communities. These goals are accessible to us as well," one grant recipient said. "I was so proud, because I realized in that moment I was breaking a cycle."
Investors are now closely watching what is happening in the Iran-Israel conflict in the Middle East because of its impact on their investments.