Denver real estate in February continued to be a strong month for the Denver market!
Increases were seen in the number of units for sale and the number of homes put under contract in the Denver real estate area. The number of homes sold and the average number of days on the market decreased only slightly for the month of February.
The calendar says MARCH and that means a couple of things for the real estate market. Spring cannot be too far away and Daylight Savings time begins on Sunday, March 12 at 2:00 AM. Warmer temperatures and longer days are a perfect time to start thinking about making decisions for buying or selling. Now is the time to get that strategy solidified so you can find your new home in the Denver real estate market.
First time home buyers/Millennials
The Denver real estate housing market forecasts for 2017 is encouraging. Many professionals say it’s wise for prospective home buyers to think about purchasing relatively soon. Mortgage interest rates remain low and housing prices are rising. Real estate, for most people, should still be thought of as a long-term hold with a great tax write-off, forced savings plan, and long-term appreciation.
For first-time buyers or millennials seeking it’s smart to have a long-term view on a home purchase. It’s great to have a home of your own and raise a family. Rental affordability is one of the biggest factors driving first-timers into the market. With mortgage rates still low buyers may be able to find a home with a monthly mortgage payment that is less than or equal to rent.
Whatever your needs are I am here to help you! I can assist in all areas of the home buying process. You may be a first time buyer or are considering “downsizing” to that perfect right-sized house. Please give me a call as I would love to help you find your special house!