Denver buyers developing an attachment to townhomes as fewer new homes list under $400K
Three out of 10 new homes weren’t stand-alone houses
For a growing number of families in metro Denver, buying a new home is slipping out of reach. But more buyers and builders are pursuing townhomes as a way to keep costs attainable.
“Demand remains very strong for housing, but the supply remains constrained. It continues to push prices higher,” said John Covert, director of Metrostudy’s Colorado region. “That’s one of the reasons why more attached product is getting built.”
Unlike detached homes, which stand alone, attached homes share walls. The category includes condominiums, townhomes, duplexes and paired homes. Because more units can be put on the same amount of land...  Read the article in the Denver Post

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