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This Week in Denver Real Estate – Home Buyer Update

Posted on April 10, 2009 by DenverHomePro

This week’s version is more like This month in Denver Real Estate because I just got, hot off the press, the March 2009 results forĀ  the total Denver metro area residential real estate market.

It continues to be great news for buyers. There’s never been a better time to buy a home here. Prices continue to fall. Prices for March this year were down over 8% vs. last year in March.

The other good news for buyers is that inventory is up. Therefore while prices fall. And as more homes come on the market there continues to be pressure on sellers to give buyers the deals they’re looking for.

So let me do the math for you because I’m sure you’ve heard that interest rates are at an all time low. In fact under 5% for most kinds of loans. So we have:

1) Low interest rates
2) Growing inventory (More choices for you as a buyer)
3) Prices continue to fall

So, after figuring all of that, my numbers say that it’s a great time to buy! In fact, there’s never been a better time to buy. And to find all the best deals before most other Realtors get out of bed, just start your home search here at easydenverhomesearch.com. We can set you up with an email alert system to send you all the best listings first thing in the morning or as late at night as you’d like. Whenever you like to search for homes, it’s there for you and you’ll never miss the good deals again. You can also reach me directly at 303-526-2606. Until next time.

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