Is Anyone Buying a Home in The Denver Real Estate Market?
Denver is the country’s 21st largest real estate market, and because of that, it can withstand some of the current market instability shaking many other markets. But it can’t withstand these changes for ever. The question is as real for Denver as it is for all the other real estate markets in the country. Is anyone buying real estate in Denver?
Yes, sellers continue to lower their prices, and some homes in specific neighborhoods continue to be purchased. But overall, buyer traffic has dropped nearly ten percent from November 2007 levels. Denver real estate agents report that many buyers are showing less confidence and motivation in trying to close their sales. No buyers
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