Market Update (4)

June Market Update

As part of the natural real estate cycle the market does pick up a bit every summer, with additional inventory and additional buyers to match! This is often driven by school schedules in family focused areas. Overall, we are seeing a steady increase in values as buyers continue to outnumber listings.  That said, the biggest news in the last 30 days was Gov. Hickenlooper officially signing the Construction Defects Bill leaving us all waiting in bated breath to see if builders start building entry level condos. We at Live.Laugh.Denver. will continue keeping a very close eye on how this plays out – even if you are not in the market for a Denver condo, the ripple effect of this added inventory will impact everyone in the Metro Area.

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