Thursday, April 19, 2012

Denver Post - "Denver housing market second in nation for quick sales"

Great article in the Denver Post today about the real estate market in Denver.

Please click on link:

http://www.denverpost.com/business/ci_20429074/denver-housing-market-second-nation-quick-sales


Some highlights from the article:
How fast is the market moving? A new report shows that Denver is No. 2 in the nation for the shortest length of time that a home is listed before being sold — 33 days — far below the national median of 89 days.
Unsold homes on the market totaled 10,325 at the end of March, a 42 percent drop from March 2011.
Even though metro Denver homes have shown only marginal price appreciation so far this year, realty analysts say strong demand and multiple offers could soon push values higher in lower to moderate price ranges.

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