Some good news came out at the end of last week for Denver Homes for sale. An article in the Denver Business Journal reported data from Hanley Wood LLC ranking Denver’s housing market 10th out of the nation’s top 100 cities.
In the report, the executive director reinforced what we’ve been saying for a while: The Denver housing market is beggining a slow, gradual recovery.
From The Denver Business Journal:
Denver achieved its ranking because its home values are holding steady, its foreclosed-homes inventory is dwindling, and its economy is stronger than most other markets.
“Denver is at the end of a long valley, but there’s still a slow, gradual recovery ahead,” said Jonathan Smoke, executive director of research for Costa Mesa, Calif.-based Hanley Wood. “The good news is, it’s not getting worse. Denver is right at the point of recovery.”
Our team has seen the demand for Denver foreclosures and Denver HUD homes increase drastically over the past few months. Homes priced correctly are moving very fast and when priced aggressively, are resulting in multiple bid situations.
If you are interested in learning more about Denver Homes for sale or the Denver foreclosure market in general, give our team a call at 303-726-1874. Our experts can help educate you and use our experience to help you find and bid on Denver HUD homes.