Denver market while seeing a shift is still staying strong. As we’ve been seeing for a few months now, the shift from a rampant seller’s market towards a market that favors buyers continues. That is why it is a great time to be a home buyer in Denver. The market itself continues to appreciate, but inventory, time on market, and other factors continue to shift in favor of buyers.
What does this mean? It means that buyers don’t have to deal with quite the panic they’ve been used to for the past several years. The days of multiple offers above asking price in the first weekend appear to be behind us. Buyer’s have more options and more leverage. But home prices continue to rise. So, buying now, while mortgage rates are still low, in a strong and solid market is a great move.