2012 is starting off well for the housing market. The Denver Metro Area is showing improvment in sales and here's an important tidbit of information, the number of active listings on the market is down significantly from last year. This is also supported by a report from the NAHB that new housing starts are slightly higher over last year. This all goes back to supply and demand. With interest rates low and the supply of housing decreasing, this is a good time to buy. Does this mean it is becoming a seller's market again? Only time will tell.
|DENVER METRO AREA REAL ESTATE STATS|
- Real Estate News – Record High Showings/Listing in January!
- Buyers – What’s Your FICO?
- Sellers – Home Inventory is at a 12-Year Low
- Investors – ROI for Remodeling Projects Lower than you Think