“A house is still worth what somebody is willing to pay for it,” Rhead said. “And because of the lack of inventory, because of the number of buyers out there and the qualifications of those buyers, it’s just going to continue to raise the market value.”
Read MoreMetro Denver homebuyers who thought it was tough to find for-sale homes in December will be sorely disappointed if they thought a new year would bring more inventory.
Read MoreThe latest data from ShowingTime, the residential real estate industry's leading showing management and market stats technology provider, shows that Seattle and Denver lead the nation in buyer demand even as we head into the typically cooler late fall and winter seasons.
Read MoreIf you’ve been looking to buy a home these past few months around Denver, you probably know how unimaginable, absurd and downright rude real estate prices have become.
And that’s with things improving. Listings stayed on the market for an average of 11 days as of last month; the median home price fell to $581,000 (down from a $600,000 all-time high in June).
Read MoreAs a general rule, real estate agents frown on buyers having face time with sellers because things can go wrong. A whole lot of things, in fact. Even seemingly innocent comments could land buyers or sellers in hot water—and jeopardize the entire real estate deal.
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