Tag: Housing Inventory
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Denver’s real estate market soars, driven by low inventory, report says
Real estate agents and homebuilders are raising their eyebrows at the latest home inventory figures coming from Denver-area neighborhoods, as a shrinking supply of available homes continues to drive dramatic increases in prices. “The market came back with a vengeance in the new year,” said Matt Leprino, spokesman for the Colorado Association of Realtors, which…
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Denver homebuyers grappling with frantic seller’s market
All-cash offers. Bidding wars. Offers with no-ceiling escalation clauses. Waived home inspections, except for health or safety flaws. Sight-unseen offers sometimes within minutes of a home hitting the market. Denver-area home buyers deployed all the above strategies in recent months while attempting to land a property in the midst of what can only be described…