Is it a Buyer’s Market? Seller’s Market? How long are homes taking to sell?
Like most of the Country during the COVID-19 Pandemic, the Denver metro area is experiencing an ongoing shortage of inventory. Coupled with historically-low interest rates & Colorado’s growing population, this has created a market crunch the likes of which we’ve never seen. There just aren’t enough homes to go around & multiple offers leading to higher prices across the board are the norm. The scales are most decidedly tipped in the Sellers’ favor in one of the country’s very hottest real estate markets! Does your Realtor have the experience & the know-how to best leverage this market knowledge to your advantage, whether you’re a Buyer or a Seller? Can you compete in a tough market? If not, then you need some Fresh Air in your Real Estate Transaction!
Don’t just take our word for it — check out the market statistics from the Denver Metro Association of Realtors (DMAR) for yourself!