The Market Summed Up

29Oct08

One needs to go back to the 80’s to find a real estate market with such an extensive list of attractively priced properties. In September, the average selling price in most markets continued down, but sales inched up and inventories began to decline.  As a result, Buyers cannot assume this condition will last for a lengthy period of time.  The interest rate environment has, and continues to be, highly conducive to a positive purchasing decision.  Selection is high and Sellers are committed.  The ability to negotiate is obvious…it is a Buyer’s market.

Written by Perry & Co. Denver real estate agent Amy Shonstrom.



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