Cascade, CO

Cascade is a small town located in the foothills of the Rocky Mountains. The town was founded in 1877 and has a population of just over 2,000 people. Cascade is known for its natural beauty and its close proximity to some of the most popular ski resorts in North America.

Real estate in Cascade is dominated by single-family homes. The majority of these homes are located on large lots and are priced at around $300,000. There is also a limited amount of commercial real estate available, but it is mostly situated near the town's main intersection.

The market for residential real estate in Cascade has been very stable over the past few years. This stability can be attributed to several factors, including strong demand from local residents and a limited number of new homes being built in the area. In addition, many homeowners have been able to successfully refinance their properties into more affordable terms over time.

Overall, Cascade's real estate market is considered to be relatively healthy overall. However, there are some areas where potential buyers may want to exercise caution due to elevated levels of home prices relative to incomes or other economic indicators.