03/07/2024
As the spring selling season kicks off, the question on everyone’s mind is whether the luck of the Irish translates to the Denver real estate market, says the Denver Metro Association of Realtors’ Market Trends Committee.
Some buyers and sellers may appear lucky, but don’t let appearances fool you. They had a strategy in place with their Realtor® to ensure the odds were in their favor.
Well-informed and educated sellers know interest rates have ticked up again; however, they also know that many buyers are experiencing spring fever and are sick of sitting on the fence watching home prices increase. So, savvy sellers got their property on the market and knew how to stand out. In fact, new listings increased 29.12 percent month-over-month and 22.63 percent year-over-year. But these sellers also knew they had more to compete with as active listings at month’s end rose 13.14 percent to 5,511 homes, an astounding 45.87 percent gain year-over-year.
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As the spring selling season kicks off, the question on everyone's mind is whether the luck of the Irish translates to the Denver real estate market, says the Denver Metro Association of Realtors’ Market Trends Committee. Some buyers and sellers may appear lucky, but don't let appearances foo
