We are officially past the stage of grief where buyers and sellers hope mortgage rates will spontaneously go back down to 4%. With the 7% baseline firmly entrenched, Denver is adjusting to life in the new normal. According to the Denver Metro Association of Realtors (DMAR), active listings rose to 13,567 in September (up 3.77% year-over-year), while closed sales dropped 21.39% as high financing costs restricted purchasing power.