HOT REAL ESTATE MARKET
Check out today’s Denver Post, page 7b, original article by Steve Raabe. Inventory is dramatically down from 2011 levels while sales are up year over year. January and February are off to a great start for the Denver metro real estate market.
Notably, Raabe points out,
“Sellers of lower priced properties are moving up.”
This is exciting because as buyers move up, the recovery is felt in all segments of the real estate market.
There are additional indicators that banks will be loosening credit requirements for buyers in 2012 – adding more buyers to market.