Sunday, November 25, 2012
The Denver market according to the Denver, mls.
Fast-rising metro Denver home prices are back to their record highs of 2006, fueled by buyers competing for a limited number of properties. So far this year, single-family homes have sold for a median price of $250,000, matching the level they hit in 2006 before the market began to decline. The statistics from Metrolist Inc. point toward a good market for sellers and a challenging environment for buyers competing for a limited number of properties. Analysts caution that not all neighborhoods and price ranges are seeing the same level of price appreciation. But overall, the market is marching forward with robust activity .Real-estate analyst Gary Bauer said he sees "no end in sight" for strong buyer demand. Reported by Steve Raab in the Denver Post.
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