The Denver Market Shows Signs of Slowing
July’s Denver real estate numbers show a continued balancing of the market - an incremental slow-down, if you will. Last month, we reported our prediction that this slowing market was the product of a seasonal shift. In other words, residential real estate busy season began early, so it was ending early too. “It makes sense, as we look at the numbers [...] We may be seeing a seasonal shift,” explained Megan Aller from Land Title Guarantee Company.
Market Report Stats from Doug Yetman
Multiple industry leaders agree with this assessment, but some believe this slow down is far more than seasonal. According to DMAR’s Steve Danyliw, “ [...] an extreme seller’s market may be behind us.” Those of the…