The continued drop in available home inventory is helping the Denver market return to “normal.” A recent report indicated that there is just over seven months of supply available in the seven county Denver-Boulder area. A buyer’s market appears if supply is an excess of 8 months, and a seller’s market is when supply is less than 6 months.
« OFHEO: Colorado Home Prices Up 2.29% in Last Year | Main | May Home Sales Velocity Up from April »
June 03, 2008
TrackBack
TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00e54fed1cf9883400e552b795208834
Listed below are links to weblogs that reference Denver - Returning to a "Normal" Market:
Verify your Comment
Previewing your Comment
This is only a preview. Your comment has not yet been posted.
Your comment could not be posted. Error type:
Your comment has been saved. Comments are moderated and will not appear until approved by the author. Post another comment
As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.
Having trouble reading this image? View an alternate.
An Opportunity
- There is no doubt it is a challenging time for the housing industry. This blog was created to share and promote the GOOD NEWS behind the headlines; enabling our readers to make informed, confident decisions about buying and/or selling their home.
Comments