With high demand in a competitive market, Denver ranks among the top U.S. cities where buyers encounter bidding wars.
Colorado resort towns are experiencing an influx of school enrollments as second homeowners and new buyers seek to relocate.
Denver’s latest market stats show that the number of closings soared to a record-breaking high, while sellers enjoyed multiple offers due to high buyer demand. https://rmcherrycreek.com/denver-metro-area-sees-heated-homebuying-in-july
As buyers compete for a limited selection of homes, prices surge to a record high.
Studies show that almost 20% of Americans have chosen to move during the pandemic, citing the top reasons as safety and job changes.