The Denver metro real estate market continues to present unique challenges for sellers and buyers. The surging Colorado economy has contributed to records in average sales price for single family homes across the seven-county Denver metroplex. In the broad brush, we understand it is a strong seller’s market. In closer examination, we actually see two vastly different marketplaces as 2016 …
Fewer Home Sales Mask Supply & Demand Patterns
You are likely hearing ‘everywhere’ that the availability of resale home inventory in the Denver metro area is low. It has also been reported that there have been fewer homes sales so far this year. This makes it look like both supply and demand are down for the year. In reality, neither is true. It can all be confusing so …