The Denver Post is reporting that “A mild winter and a stronger job market have helped boost sales ahead of the crucial spring buying season” for previously occupied homes.
“Sales are trending upward” according to Ian Shepherdson, chief U.S. economist at High Frequency Economics, even though there was a slight dip last month. January’s numbers were the highest we’ve seen since May 2010.
Another positive sign that the market is recovering is that “the median sales prices of homes rose for the first time in four months in February, to $156,600.”
Spring is a popular time to both buy and sell a home. Inventory is always on the rise during this time of year as many buyers are looking to make that move during the summer months.
If you are looking to buy or sell a home in the Denver area give Ann Meadows a call at 888-860-1931.