Real Estate Market Update – January 2019
Happy New Year!
The Metro Denver home market changed in 2018! 2019 overall will be a Seller’s market, many Buyers still, with more but still low Inventory and slower price appreciation. The last months have seen the number of active listings decreased, the number of homes sold decreased, the home price appreciation slowing down, buyer and seller demand changing, and mortgage interest rates increasing. As a Buyer or Seller, know what is happening in the home market and the local, state, and national economy. Try not to get too emotional in this changed market, as we see some swings in both directions!
Thinking about selling? Have questions about the real estate market? Give us a call!