While our team, and most Realtors, hate the infamous Zillow “Zestimate” (a tool on their site which they admit can be off by +/` 10%), their market analysis is usually more reliable and at least worth a read. Yesterday, a report was released by Zillow detailing Denver Homes and the price rebound the market has experienced over the past year.
According to this report, Denver Homes’ are expected to see an increase in value of $21.4 billion and nationwide, the figure is $1.3 trillion.
The report is detailed in The Denver Post:
The report is worth a read and is just another in a long line of data pointing to not just a market recovery for Denver, but a significant growing market.
If yo ware considering buying in the Denver market, give our team a call. Their are still some good deals on Denver foreclosures and Denver short sales, but as the market heats up, these deals are selling faster and faster.