Thursday, December 6, 2007


The NAR projection for the Denver Metro Area as a "Top 5" market for 2008 shows that we still live in one of the most affordable major markets in the country. A median priced home in the Denver Metro Area at 80% LTV at today’s prevailing mortgage rates consuming just 16% of average household income. Median priced homes in San Diego, by comparison, require 45% of average household income to service an 80% LTV mortgage.