Well, there is good news and bad news in this crazy Denver real estate market.
The good news is that, in July, inventory increased by just over 4%. The bad news is that, even with that increase, July inventory still set a record low, with only 7352 total properties on the market.
That is not a lot of houses.
What does this mean? It means there are a lot more buyers than there are homes to sell them. And so, especially in the lower price points, good listings get multiple offers, one winner, and several disappointed “losers.”Read More