Saturday, July 14, 2012

June's Market Snapshot

So, what is happening in our local real estate market?
This market is super hot, even hotter than our record temps. In some neighborhoods, house are selling in days, not months. Many buyer's are facing multiple offers and competitive offers from other buyers. Sellers are happy that at least overall, the pendulum appears to be headed back in their direction. 


Metro Denver, inventory remains low at 40% down from this time last year and average sales prices up over 11%.  All this, and new historic new low interest rate means that the prime selling and buying season will be unlike anything we've seen in recent years...

The market is heating up....don't get burned. For a more detailed report on your specific area, visit: Home Market Report or call 303-300-8989, to speak Cynthia TODAY!