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Inflation's ferocious surge extended into February, driving the rate of consumer price increases to a generational high, Axios' Neil Irwin and Matt Phillips report.
By the numbers: The Consumer Price Index rose 0.8% in February, and was up 7.9% more than a year earlier — the sharpest 12-month rise since 1982.
What they're saying: "Mortgage rates will go up, the rates for car loans — all of those rates that affect consumers' buying decisions," Fed chair Jerome Powell told lawmakers last week.
As hopeful homebuyers navigate this rapidly shifting landscape, here are some properties on the market in Denver to sift through:
Why we love it: Back on the market again after a quick turnaround, this beautiful and quiet 17th-floor corner unit in the iconic Prado building has a balcony facing East for the sunrise in the morning, shade in the afternoon and city lights in the evening.
Why we love it: From brick accents to built-ins, there are details that are unique to this property.
Why we love it: Any student of the European Bauhaus movement revival of the 1960s and '70s will recognize the clean lines and clever use of space and light, highlighting the beauty of materials and elevating the focus on functionality. The retro finishes have been preserved adding move-in ready design accents throughout.
Specs: 2 beds, 3 baths, 2,079 square feet
Notable features: Vaulted living space, predominate southwest window and glass door placement that extends the living space outside. Original paneled fireplace, warm caramel-colored accordion window panel, interior brick walls and exterior mechanical cables. Sits on a cul-de-sac with private drive to oversized garage.
Why we love it: This home has notable custom features and a Trex composite deck with dual stairways, built-in lighting and plenty of entertainment space — an ideal spot for entertaining.
Neighborhood: Governor's Ranch — Littleton
Why we love it: The basement in this south-facing, corner lot home is fully finished with new carpet and tons of space for a theatre area, gaming area, and boasts a full bar including mini-fridge and wine-fridge.
Why we love it: The sellers are the original owners of this sweet city condo whose nearby attractions include: The Kirkland Museum of Fine and Decorative Art, Denver Art Museum, and History Colorado Center, and fabulous restaurants are also blocks away.
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