Colorado’s real estate market is heating up as spring approaches. “The spring market has brought optimism while everyone waits to see if the rates will adjust again. Those who need to m…
“The spring market has brought optimism while everyone waits to see if the rates will adjust again. Those who need to move have adapted to the rates and have come off the sidelines,” said Kelly Moye, Boulder/Broomfield-area realtor.That’s up 18% and 26%, respectively, over January and 19% and 27% over a year ago.
“Is March really coming in like a lion? According to the latest numbers on housing sales in northern Colorado, March is shaping up to be a very active month, with no sign of lambs anywhere to be seen,” said Chris Hardy, Fort Collins-area realtor. “Overall, the market remains very strong. More inventory is coming on the market; however, it’s not enough, and therefore, buyers still have to be competitive and relatively quick with their offers,” said Sunny Banka, an Aurora-area realtor.Sponsored: January data encourages Denver area realtors about spring selling season
“While elevated interest rates continue to make headlines and create affordability pressures, they don’t seem to be curbing the massive demand for housing in Denver,” said Denver County-area Realtor Cooper Thayer.
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