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Colorado's housing market is cooling as prices drop and inventory rises due to high mortgage rates and affordability issues.
A recent report indicates the Colorado housing market is facing significant challenges, with home prices declining and inventory rising, signaling a potential shift from the rapid growth seen in previous years.
Increased mortgage rates and affordability issues are deterring buyers, while sellers are adjusting prices to remain competitive.
Experts warn the market may be entering a cooling phase, though some regions show resilience.
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El mercado de la vivienda de Colorado se está enfriando a medida que los precios caen y el inventario aumenta debido a las altas tasas hipotecarias y los problemas de asequibilidad.