We are seeing an increase in showing traffic off our historic lows, but the residential real estate market is still adjusting to higher interest rates.
Denver Commercial Real Estate market saw a slowdown in sales volume and transactions in Q4.
The Denver residential real estate market has closed out another interesting year!
The Denver residential real estate market appears to be stabilizing after a tumultuous year. Inventory has climbed 102.8% since November 2021! The 30-year mortgage rate retreated to 6.49%.
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.