Wednesday, March 21, 2012

It is a GREAT time to sale a home in Metro Denver

BLISTERING, SIZZLLING, RED HOT Blistering. little inventory to meet buyer demand so sellers Sizzling. Red hot. These are the words that describe our housing market under $300k. We haven’t seen a market like this in years. Multiple offers are the order of the day. There’s simply too are pushing prices back up to pre-crash levels. The laws of supply and demand are very much in effect. Look at the inventory levels in Metro Denver for the past 10 Februaries: 2012 – 10,086 2011 – 17,358 2010 – 18,869 2009 – 20,059 2008 – 25,037 2007 – 24,838 2006 – 25,484 2005 – 21,730 2004 – 23,212 2003 – 22,989 This is what a recovery is supposed to look like: a dramatic drop in inventory followed by rising prices. If you’ve been considering a move, call me so I can do an analysis of the inventory and price movement in your neighborhood. After many years stuck in a buyer’s market, now might be the time to put your house up for sale and take advantage of the great seller's market. Feel Free to call to Brainstorm – I love sharing my knowledge and expertise. DENISE WAMBSGANSS – Realtor – Your Castle Real Estate – 303-880-8771