Analysts predict that home prices will decrease and stabilize in 2015. Many Americans have expressed concern about the possibility of another housing bubble, but experts suggest that the decline and stabilization in home prices will be positive for the housing market. Home prices have fallen over the last few months with the average home price now at $176,500. Zillow’s chief economist, Stan Humphries said, “we’re transitioning from a fast form of recovery to a slow form of recovery, particularly since a lot of those factors driving us forward – household formation rates and income growth – have not fully recovered.” More here
"Story Time" Newsletters
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THERE'S A LONG HISTORY of wineries in Colorado. Grape vines found their way into Colorado by way of European settlers who had come to work the mines in Pueblo and Canon City during the Colorado gold rush over a century ago.