Denver’s hot real estate market now seeing quick, 24-hour sales

Redfin agent Ilona Botton, left, shows a condominium to Lisa Nguyen in Denver on Thursday. (Hyoung Chang,The Denver Post)

Metro Denver’s housing market has roared back to life with an early spring rush characterized by multiple offers, low inventory and — in some cases — homes going under contract within 24 hours of being listed.

A quick market makes for extremely motivated buyers, he said, adding that they have to say yes quickly or risk losing the deal.

After the housing bubble burst in 2007, the real estate market flat-lined for a period, then finally started picking up steam a year ago. But the sudden rush has nonetheless caught many buyers and sellers off-guard.
Read more:Denver’s hot real estate market now seeing quick, 24-hour sales – The Denver Posthttp://www.denverpost.com/realestatenews/ci_22903895/denvers-hot-real-estate-market-now-seeing-quick#ixzz2PE0hmsuz
Read The Denver Post’s Terms of Use of its content: http://www.denverpost.com/termsofuse
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Read more:Denver’s hot real estate market now seeing quick, 24-hour sales – The Denver Posthttp://www.denverpost.com/realestatenews/ci_22903895/denvers-hot-real-estate-market-now-seeing-quick#ixzz2PE0bD3b5
Read The Denver Post’s Terms of Use of its content: http://www.denverpost.com/termsofuse
Follow us:@Denverpost on Twitter|Denverpost on Facebook

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About dherries
Dave and Sally Herries and The RealtyColorado Team - Real Estate Broker serving the metro-Denver area. Offering properties in urban, sub-urban and rural areas. Our mission statement is "Enriching lives through real estate."

One Response to Denver’s hot real estate market now seeing quick, 24-hour sales

  1. Northern Colorad is seeing the same thing.

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