Local Pulse - June 2025

• The town of Erie, Colorado, ranked as the 15th fastest-growing city or town in the nation by the U.S. Census between July 2023 and July 2024.
• Kaia Residences, a new apartment complex, broke ground in Capitol Hill, paving the way for 295 units, 19 affordable units, 8,500 sq. ft. of retail space with 4,000 sq. ft. for a wellness market and 290 parking spaces.
• A 2025 survey found that 84 percent of homeowners are now prioritizing projects that bring joy over return on investment. Top projects include interior painting, new windows and floors, updated lighting, walk-in closets, sunrooms, hobby spaces, pools and hot tubs, built-in bookcases and home gyms.
• We have now had 17 consecutive weeks of year-over-year increases in mortgage purchase applications.
• The historical average increase in active listings from April to May is 8.86 percent. An increase of 13.67 percent this May represents a healthy increase from our seasonal observation.

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