Real estate has been a hot topic in the news in the last few weeks with the National Association of Realtors working on settling a lawsuit. There are a lot of opinions and speculations going around and debate over agent commissions.
The first month of 2024 has been quite promising after a slower year last year. With interest rates going down, more buyers are out looking for homes and are ready to put an offer in. Buyers are no longer feeling timid or waiting around. They are out looking and many homes are getting multiple offers. This is great news for sellers!
In the last year, interest rates have been a major topic of discussion in the real estate world. After sitting at record lows from 2020 to early 2022, the rise in interest rates has caused many to worry about buying and consequently selling homes.
So what does the Denver real estate market look like right now? In the last year the market has slowed as interest rates have gone up and pandemic craze has come to an end.