As we close out 2014, the end of the year brings a wonderful opportunity to look back on the year and analyze what has happened, plus predict what 2015 and beyond might hold. This 9news article takes a look at Denver real estate and the exciting times we – as real estate brokers – find ourselves in at the present moment. Inventory has remained low and demand is high, as more and more people are moving to Colorado. We often times get asked by hesitant buyers, if we purchase a home now, have we missed the boat? Will we end up overpaying in the long run since there are so many buyers and so little homes to choose from? Based on research, the article concludes that this is still a great time to buy a home in Denver. In a recent study, real estate experts find that the market will continue to grow, with percentages going up for the next 4 years. None of the experts anticipate a downward trend, only a lower percentage of growth. Therefore we should continue to see appreciation in the next few years, so buyers should not fear that the market has reached its peak. It’s still a great time to buy a home!
Want more details about the Denver real estate market? Contact our experienced brokers who can help guide you through the market.