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Numbers Show a Hot Housing Market in Mesa County

June 18, 2019 – The Colorado Sun took a look at data from the Colorado Housing and Finance Authority (CHFA) – which provides loans and down-payment assistance for pending home-owners – and found that Mesa County is the hottest housing market outside the Front Range. Here’s an excerpt:

“When the Colorado Housing and Finance Authority pulled together data showing how its home-ownership investments this year have played out across the state, the Front Range predictably gobbled up the lion’s share of loans and down-payment assistance.

But one chunk of the map stood out: Mesa County.

CHFA, created by the legislature in the 1970s to aid in home investment, saw the resurgent Western Slope region take advantage of several programs that helped buyers enter — or, in some cases, re-enter — a market that had been struck hard by the energy bust and the Great Recession.

‘We’re seeing Mesa County growing in population,’ said Paige Omohundro, CHFA’s home finance business development manager. The agency also has an office there — ‘boots on the ground,’ she calls it — that aids residents in the battle to achieve or enhance homeownership.

After six Front Range counties, Mesa County by far ranked as the most active location where lenders — more than 100 statewide — have used CHFA funding. CHFA has provided more than $44 million in first mortgages and $1.8 million in down-payment assistance in the first five months of this year — figures that aided 225 households in the county anchored by a reborn Grand Junction.”

Read the rest of the Colorado Sun article here.