The 2021 Denver real estate market promises to be great for home sellers, brokers and even buyers. The biggest source of long-term demand in the market continues to be demographics. In addition, the short term spike in demand is driven by the current low mortgage interest rates.
Millennials Home Ownership Still Delayed in Denver
Less than 40% of millennials in Denver neighborhoods own their own home. That surprises me. Because, Denver homes priced less than $500,000 have skyrocketed every month this year except for April. That’s when our industry was locked-down from in-person showings. So, our most affordable homes in Denver neighborhoods and the suburbs sell at a record […]