Re/Max of Cherry Creek
National home sales increased more than 1 percent in February, but realtors say tight inventories and a lack of affordable housing could mean sluggish sales over the next few months. Examples of the housing squeeze are occurring in the Denver metro area.
It’s a seller’s market across the Denver metro area right now. That’s because home prices are on the rise.
There is a positive note in the real estate market, people are looking to buy, but the problem is there isn’t enough inventory to satisfy them.