“It takes a pretty significant life change for sellers to sell. We are seeing more of the younger buyers who have accepted that interest rates are probably not going to see much change through the balance of the year.”Denver’s months of supply of single-family homes hit a 51-month high of 1.9 in August, while inventory of condos hit a 34-month high of 2.4, Leprino said.
“The opportunity for homeownership can confidently be said is better than any time over the last three years, you know, aside from that whole high interest rate thing,” he said. “Mellow is good, mellow is predictable and while we all know it’ll never last, it’s always better than either too hot or too cold.”
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