That’s right. Right now, we are beginning to live behind Walls of Worry. You name it, and IT is picking away at our Residential Market. Energy Costs, Interest Rates, China, Taiwan, Ukraine, on and on… George Washington was quoted, Worry is interest paid by those who borrow trouble. Fear not, the water is warm, come on it. Homeownership is all that and more!
Let’s take a look at this Chart.
|New Listing (1533) This is a very healthy number for Buyers. Inventory is coming your way.|
|Coming Soon (211) Nothing dramatic here.|
|Back On Market (242)|
|Price Increase (140)|
|Price Decrease (795)|
|Pending (1745) This is another big week for sellers. Get it on the market, and it will go to contract!|
|Closed (1574) For a market like Denver, this is a great weekly number. Buyers and Sellers are still rushing to Closing!|
Let’s take a look at available inventory trends with this next chart.
Let’s be honest here, BUYERS are getting prepared for greater fairness in Denver’s Residential Market! The pendulum swings, but make no mistake, in Demand Neighborhoods will still treat buyers poorly for some time to come. Nuances in markets come and go, but we are still here to answer your questions, handle your concerns, and walk with you, step by step, every step of the way…tc