A quick update on the Denver housing market, via the Denver Post:
Denver housing market seen as finding balance in 2014
This echoes what Mary and I have been saying about 2013–it was a frenzy, characterized by multiple offers for very limited inventory.
This year, I think we’ll see slower growth in prices, though the best homes will still command top dollar.
For buyers who are on the fence because of low inventory, this article predicts more homes coming online in the spring.
Overall, I think we’ll see a less frenzied (and more balanced) market in 2014.
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