new post
register or log in

Patrick's 40 proposals »

10,750 registered users, 8 online now: CL, indigenous, P N Dr Lo R, smaulgld, Strategist, Straw Man, Tenpoundbass, WookieMan

Denver market very tight inventory, multiple offers

By swebb   2012 Dec 1, 11:59am   ↑ like   ↓ dislike   509 views   0 comments   watch (1)   share   quote  

I have been in the market for about 2 years now. Various reasons for the long duration including personal uncertainty with job / job location, market uncertainty, and financial planning...But, I have been watching the local listings very closely and following the market. It has been quite supply constrained for a while now, and over the past year we have seen prices increase around 8-10%.

We put an offer on a house the other day -- we made a nice clean offer, about 5% under asking. It had been on the market for about 5 days. 5 offers, 2 full price. Maybe we will get the next one.

This is central Denver -- the suburbs are a different story.

Watch comments by email

home   top   users   about   contact  
#investing   #housing   #politics   #humor  
housing crash   thunderdome   sexy pix   site suggestions  
best comments   ad hominem comment jail on twitter   random post  
please recommend to your boss