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I suppose you could say that. However, there's quite the shortage under $200k
Our sales are extremely brisk already, with very low inventory in Denver. Economy is good, corporations are moving here, unemployment is much lower than national average, great weather and of course - pot!
We have lots of lookers and no homes to see
Good morning Anthony Acosta . We are still at a very strong buyers market. I attribute this to a strong local economy.
One thing is that our great city and surrounding area is very attractive to immigrants from around the world.
Anthony Acosta - well, I heard 2016 will be the SECOND BEST YEAR in the history of Real Estate....next to 2005. so, yes, activities have increases quite a lot. Consumer confidnece perhaps is the reason.
Homes are selling quickly at higher prices but I don't see it as an increase in sales only a product of no more distress sales and sellers being able to dictate prices once again.
Low interest rates
I agree with Sam Shueh . Wishing you a delightful Sunday, A
There hasn't been a huge increase in sales in the last couple of years. It has been steady with little dips and rises here and there.
employment and strong economy.....
Ron and Alexandra Seigel
There are so few homes being listed that buyers want what they can't seem to get. One great home comes on the market and it is sold immediately.
We are not seeing an increase in buyers. Our market is just staying the same.
Spring season has started already. Inventory is low. Not sure what has kicked it off.
We do not have enough homes in my market. The demand is still high and not enough inventory to fill it.
Last year our market had more sales than the year before. I think some of that is low rates and some is shifting demographics. I’ll add a third factor, rising rental prices.
Saw a downturn in December for the first time in 3 years. The lower energy prices had an efffect, but the median sales price still went up. The economy is diversified so this won't be a repeat of the oil bust of 1982.
It will experience a seasonal bump over the next month . . .
Yes, home prices are still on the rise, more apparent since the beginning of the year. Low rates and low inventory are the main reasons for the recent surge.
Yes...people back to work and a new batchof grads
Everyone wants to be a homeowner.
Anthony - We saw a lot more sales in December than normal, so we will have to see what January brings. If home sales increase, I would just attribute that to a good and stable market.