September 2022 Denver Real Estate Market Update
Well, if you’re not in the know by now, you’ve been living under a rock 🪨!!
Every single statistic shown in the above grid shows a softening market:
- 7% mortgage rates / the highest in 15-20 years;
- Increasing inventory – up 90+% since last year at this time;
- Prices at all time highs – prices absolutely must come down to earth after their unsustainable 40% increase over the last 2 years.
Basically, talk to your trusted Realtor – a CJV Real Estate expert – bc it’s a changin’!!