milehimodern’s q3 2023 quarterly market report | denver + boulder

As we open the door into the final months of 2023, we look back upon the lessons we learned in the first three quarters of the balanced, yet perpetually growing Colorado real estate market. According to, inflation across core sectors, including food and energy, informed the rise of interest rates in the third quarter of 2023. While these higher rates have lowered the buying power of home seekers, a strong job market has helped to balance the increased cost of borrowing money, especially in Colorado, where the unemployment rate remains below 3.0% compared to the national average of 3.5% (according to

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about milehimodern

milehimodern (mhm) is Colorado’s premier real estate brokerage focused on the artistry of living. We believe in connection first; that every home has a soul-filled story to tell. Our purpose is to bring this story to light by discovering the artistic sizzle, the iconic value, the extraordinary architecture or simply the narrative of a beautiful life lived in each property. We are bringing an artful experience to real estate, energizing one soul at a time. To learn more about our real estate services, please visit For press inquiries, reach out to