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Denver Home Buyer Survival Tips or How to Buy a House in a Hot Sellers’ Market
If you haven’t heard, Denver’s real estate market is red hot! Even though we saw 38% more listings coming on the market in March of this year versus March of 2014, the supply is still out of balance. National Association of Realtors considers a six-month supply of homes to be the market equilibrium. We are far off those numbers in Denver real estate market with current supply of just under a month worth of homes, creating a buyer frenzy and bidding wars reminiscent of "Hunger Games". Is it really that bad you might ask? According to a recent D…