DENVER –
The close-price-to-list-price ratio dropped below 100% for the first time since July 2020, to 99.41% in August. The median sales price also saw a drop of 2.54% from the month prior. “The advice for selling is: Do your research and understand what that research means. If a property is sitting on the market, even though it might be listed higher, it doesn't mean someone wants it at that higher price, and so use that as an indicator of what's too high,” Abrams told Denver7.
In Denver, rents went up by a tenth of a percentage point last month, with renters paying about $1,440 for a one-bedroom apartment – a 6.2% more than this time last year. Those renting a two-bedroom apartment were looking at paying a median price of $1,790. Thornton, Littleton, Castle Rock, Westminster, Broomfield and Parker were more expensive than Denver, with those in Parker paying about $2,240 for a two-bedroom apartment in August.
Seems like each realtor in Denver owns 15 houses. Realtors and mortgage lenders both continue to shove these prices down our throats. Houses are not worth their appraisal prices. It’s all a racket. In the real estate industry, one hand washes the other. Buyers need to lay low
Prices are still beyond outrageous!!! Just take a hard look 👀 who owns it ! Legal criminals