The cost of Housing in America

By Lauryn DempseyLauryn Dempsey • 3rd+ • 3rd+ Real Estate Insights from the Front Line of the U.S. Economy | Denver Metro Realtor | U.S. Navy VeteranReal Estate Insights from the Front Line of the U.S. Economy | Denver Metro Realtor | U.S. Navy Veteran

Over the past week, I’ve heard the same thing from half a dozen people.

“I don’t know if I can continue to live in Colorado.”

The reason? It’s too expensive.

These are people who love the Colorado lifestyle—they’re heartbroken to even consider leaving.

But the cost of living is putting serious pressure on their dreams of buying a home, or even staying where they are. And it’s not just renters who feel this. Homeowners often share with me how fortunate they were with their timing, knowing the current prices and rates make it hard for new buyers.

As an agent, this isn’t easy to hear, but I fully understand. The reality is, home prices are high, and that’s driving a noticeable gap between what buyers are willing to pay and what price sellers expect to sell.

Lately, “value” is a recurring theme in my conversations—both online and with clients in person. It’s top of mind for me as I listen to what buyers and sellers are looking for, watch market trends, and dig into economic data. At some point, something will have to give. If it’s not rates, it might just be home prices.

What are you seeing in your markets?