Number of homes on Denver metro market jumps in March

  • 📰 denverpost
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Metro Denver homebuyers had more listings to sort through last month than they did a year ago, but those listings are coming under contract faster and home prices are on the way up again, according…

Metro Denver’s housing market is heating up on schedule, with more inventory popping up and shorter sale times. But home price are also rising, which could make it harder for first-time buyers to cut a deal. Metro Denver homebuyers had more homes and condos to sort through last month than they did a year ago, but those listings are going under contract faster and costing more, according to a

Levinson-Katz, also a Denver Realtor, said she sees more sellers choosing to downsize, either throwing the equity they have made to buy a smaller property outright or putting so much down they can get by with a smaller loan and reduced payment. Prices normally rise as activity heats up, and the gains seen last month are in line with seasonal changes, Levinson-Katz said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in CA

Canada Canada Latest News, Canada Canada Headlines