Thursday, January 15, 2009

Denver a WILD Ride. But watch what happens next!

We have seen this before haven't we? There it is in 2003 the sales had dropped through the floor and suddenly the next year it all got good again.
This time it will take a little longer for the market to shift due mostly to the national scene. However, I have seen it before this too. We had a similar change back in the 1980's and again in the early 1990s. The point is it is time to buy a home in metro Denver. Inventory is at a low and demand is probably as low as it will go; I think it will accelerate very soon! A Seller's market is very close in Denver. You heard it here!
Oh did you notice? The sales are not a proportionally low as the new listings coming on the market? A true indicator of things to come.

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