Real Estate follows the same economic rules of supply and demand like and other product. When there is an abundance of homes for sale, more than buyers demand, the supply drives prices down. When there are fewer homes than buyer demand, prices go up.
Right now we still have a big shortage of homes compared to what buyers are wanting. It has been improving the last couple years, but still way below what our normal inventory is.
Right now we have around 2 months inventory of homes for sale.
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. – [email protected]
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 – – [email protected] with “Home Loan Report” in subject field and I’ll send it right over.
Also….check these out??