Denver Market Update
Denver Market Update
Real Estate News – February 2024
Quick Summary:
- We saw the fewest homes sold in 2023 in 28 years!
- Interest rates are currently ~6.75%.
- Read below to see some of last year’s most expensive sales in the metro area.
- If you’re waiting for rates to go down before making a move, know that you will have LOTS of competition when that happens. Instead, you could buy now and refi for free when rates go down.
- Inventory is up over last year, but still very low for our population and demand.
We’re here to answer any questions you might have, so don’t hesitate to reach out!
If you’re thinking about a new construction home, be sure and reach out to us so you will have proper representation. The sales office represents the builder, not you, and it costs you NOTHING for us to represent you.
Questions? Comments? Contact us anytime. We’re here to help.
Thank you!