Denver Real Estate Market Update

Sales were up 29% from February to March this yr in Denver, still down roughly 6% from a year ago. We are entering the busy time of year and first time homebuyers are starting to hear about all the benefits they will receive this yr for purchasing their first property, primarily the $8,000 tax credit. Personally, I have seen an influx in showings on my listings, offers on Denver bank owned foreclosures, and investors looking for ways to supplement their income. Here is an article written in the Denver Post discussing specific numbers over the past month, now is the time to buy before school gets out and the frenzy really kicks in!! Contact me for more specific info on taking advantage of a great buying time in the Denver real estate market.

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