Young homebuyers face high hurdles to ownership. These programs may help.

Young homebuyers face high hurdles to ownership. These programs may help.

For the past several years, young homebuyers have been seemingly shut out of Colorado’s housing market.  Since April 2021, the median cost of a single-family home has increased by 19% to nearly $600,000. Other entry-level properties like condos and townhomes are also about 7.1% more expensive than they were four years ago, with a median sales price of $407,000, according to data from the Colorado Association of Realtors.  Elevated interest rates…