The Home Buying Institute
took a good look at hot Denver housing market, and liked what it saw.
The Case-Shiller report published yesterday contained data through the end of February 2013. From February 2012 to February of this year, home prices in Denver rose by 9.9%.
According to the real estate website Zillow, the median sales price for this area rose by 9.1% over the last 12 months.
Properties in and around the city are selling quickly, much faster than the national average. According to a recent housing report in Time
magazine, half of all Denver homes listed for sale are selling in less than 30 days. Desirable homes are selling in a matter of days. Anecdotal reports from local real estate agents support this.
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