Despite soaring inventory, at its highest level statewide in Colorado since 2019, sales remain stagnant as buyers grapple with high interest rates. Sellers continue to list their homes, knowing interest rates are unlikely to drop soon. According to the Colorado Association of Realtors’ monthly market trends housing report, buyers, some of whom have been waiting
Denver’s typically bustling spring housing market experienced a surprising slowdown in April as higher interest rates and economic uncertainty kept buyers at bay. Despite an inventory increase of 33% compared to last year, Colorado realtors report a cautious buyer pool nervous about rising prices and market unpredictability, according to April’s Market Trends Housing Report from
This regularly scheduled sponsored column is written by Eli Tucker, Arlington-based Realtor and Arlington resident. If you would like to work with Eli and his team in Northern Virginia and the greater D.C. Metro area, you can reach him directly at [email protected]. Eli and his team believe that your real estate needs should be managed by advisors, not
The Denver Metro housing market demonstrated volatility in April, as an increase in new listings and rising inventory challenged the traditionally strong spring buying season. “They say April in Colorado can bring all four seasons in a single day—and it also marks the start of severe weather season, with the potential for hail and tornadoes,”