Are you aware that the Denver Real Estate inventory is down 39.8% compared to this time last year? In Dec of 2010 there were 18,257 properties listed. In December 2011 there were 10,993 homes on the market. What does this mean? LESS COMPETITION. Alot of sellers have been holding off on putting their homes on the market. But now with the incredibly low interest rates, buyers are finding they need to move fast! or lose the home they see that just went on the market, or find themselves in a competing offer situation.
I recently listed two properties – one in Wheat Ridge, and one in Thornton. Both were undercontract in 6 days or less!
If you are thinking of a move, contact me and I would be happy to do a free real estate consultation to discuss in detail.
Lori Vialpando's Blog 