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 –
dwambs@msn.com 303-880-8771
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