Ski town housing markets face slower sales amid rising mortgage rates, as luxury market outperforms trends

Ski town housing markets face slower sales amid rising mortgage rates, as luxury market outperforms trends

As leaves fall and the summer travel season comes to an end, Colorado’s housing market is facing a familiar off-season slowdown as homes take increasingly longer to sell. The Western Slope’s luxury market, however, doesn’t seem to be slowing down. Colorado’s housing market continued to lose momentum in September, following a dip in buyer demand to wrap up the summer, according to the most recent Market Trends Housing Report from the Colorado Ass…