Homebuyers today are facing a huge dilemma. There simply aren’t enough homes for sale.
In Denver, high demand and low inventory continue to be the themes in the metro area residential housing market. In fact, we saw a 9% increase in pending sales during October as compared to September, underscoring that buyers are still out there and not slowing down. In terms of inventory, prospective buyers have even less inventory to choose from with only 3,122 active listings available.
Given the limited number of available properties, if you’re a buyer in today’s Denver Real Estate market, you may need to expand your search to include both new construction and resale homes. But sometimes can feel a little like comparing apples to oranges, and new…
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