The Denver residential real estate market is still shifting. Inventory has climbed 80% since last year giving buyers a lot more options.
he residential real estate market is changing some more! Inventory is 66.8% higher than last year and has continued to increase. The 30-year mortgage rate hit 7% to 7.5% depending on which lender we look at.
The residential real estate market is shifting some more. The 30-year mortgage rate hit 6% in June, pulled back to 5.3% in July, and ended August at 6%.
The Denver Commercial Real Estate market is worth studying closely. The economic environment has seen a variety of changes over the past few years.
Although the residential real estate market in Denver has seen a steadily increasing inventory, we are still well below the inventory seen in 2019 and 2020.