The inventory of new home listings has created some much-needed breathing room in the Denver market, which has been tight for several months.
Denver, CO (PRWEB) October 02, 2015
“The inventory of new home listings has created some much-needed breathing room in the Denver market, which has been tight for several months,” said Bob. “It is also a great time to sell as buyers who were hesitant before when the market was so competitive will start to get back in the game and be ready to purchase.”
According to a September 3, 2015, Denver Business Journal article, although the housing market in metro Denver slowed down a bit in August, as it typically does as summer winds down, the number of active listings on the market in August was 9,144. This shows a 2-percent increase over July, which jumped up 12.8 percent over the same period last year in July.
Additionally, according to September 1, 2015, statistics reported on movoto.com, the median listing price in Denver stayed the same from August to September. Furthermore, there were a total of 98 price increases and 883 price decreases.
“Also, with rents shooting through the roof all over metro Denver, it could be time to start building your own wealth by purchasing a home, rather than building someone else’s wealth,” said Bob. “In summary, now is the time to buy and sell in metro Denver as the market is finally finding some balance.”
About Bob Miner, RE/MAX Professionals
The Miner Real Estate Team is a full-service real estate source for Denver and the entire surrounding metro area. With its vast experience and knowledge of all areas in and around Denver, they are dedicated to helping clients find the home to fit their vision. The Miner Team serves Denver, Highlands Ranch, Littleton, Centennial, Lone Tree, Castle Rock, Golden, Parker, Lakewood, Aurora, Arvada, Westminster, Wheat Ridge, Thornton and Broomfield. For more information, please call (303) 638-9033. The office is located at 1745 Shea Center Dr., Suite 100, Highlands Ranch, CO 80129.
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