In a recent article written in the Denver Business Journal addressing the current Denver Housing Market, homes are reportedly, "flying off the shelves." Homes are averaging less than two weeks on the market, a month faster than national rates. Homes values have also increased 10% over the past year, also above national averages. Due to the high demand for homes, Denver is seeing a limited selection of for sale homes frustrating home buyers and putting immense pressure on the market. A local Redfin broker said it's rare to see a house priced under $300,000 not be purchased with all cash! It truly is a seller's market in Denver.
To read the full Denver Business Journal article click here.
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