Denvers Housing Inventory is Up drastically from 3 years ago. The inventory (number of homes for sale) is up 5% more than this time last year. Because there are more homes available, the homes are staying on the market 18 percent longer than last year.
That is also causing more homeowners to reduce their asking price. Plus we are seeing a larger gap between list price to sold price – in the past if a home was listed for $500,000 it would most likely sell at $500,000 or higher. Now if a home is listed at $500,000 it would be more likely to sell for $490,000.
To read more details on Denver Housing Inventory is Up-Click Here
Whenever you are ready, here’s some ways that I can help with your real estate goals:
1) Free Access to search the Denver MLS for all homes currently on the market: Denver Home Finder Service Property Search
2) Join me for a home tour – Home tours are Monday thru Saturday at 2:00 pm or 6:00 pm – choose your tour here
3) Request a specific search that sends all the homes that meet your parameters as soon as they come on the market – that way you can beat others to the best homes. Send me an email with “specific search” in the subject line and your wish list – Price range, school district, style, minimum number of bedrooms, etc. – Vickie@DreamsCanHappen.com
4) Receive a Home Loan Report –There are so many different loan programs. Do you need 20% down payment to purchase a home? Are there special programs for first time home buyers? What does CHFA mean? What’s the difference between a FHA loan and a Conventional loan? Send me an email – – Vickie@DreamsCanHappen.com with “Home Loan Report” in subject field and I’ll send it right over.
Also….check these out??