Sep
28

Some of America’s Hottest Housing Markets Are Cooling Off

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  • Denver, Austin, San Francisco see slowing gains in values
  • Affordability is drawing house hunters to outlying towns

The red-hot growth in home prices across the U.S. West is starting to slow in some cities as sticker shock and low inventory put off weary buyers.

Denver, Los Angeles and Austin, Texas, have seen gains in real estate values moderate after years of double-digit increases, according to Zillow. A slowdown in the tech epicenter of San Francisco is becoming even more pronounced, with the median home value in August rising less than 1 percent from a year earlier…

Some of America’s Hottest Housing Markets Are Cooling Off

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