August 2023 Denver Real
Estate Market Report
Below is my August 2023 Denver Real Estate Market Snapshot/Infographic based on July 2023 statistics publish by the Denver Metro Association of Realtors. If you or someone you know is interested in learning more about the impact of rising home values & mortgage interest rates and how it may affect your decision to buy or sell, 'Just Call Ants' at 303.520.3179. Anthony is here to provide expert advice & counseling that will empower you to make the best, most-educated decision possible. Knowledge is Power - so get The Scoop and gain a better understanding of Denver's rapidly changing real estate market.
Would-be buyers and sellers are weighing the “golden
Regardless of loan programs and willingness to negotiate from sellers, buyer activity continues to slow as rates increase. Buyers are more confident offering under the list price and asking for seller concessions to help buy down their interest rate even for new homes hitting the market. Consequently, seller concessions increased from 29.2 percent last June to 48 percent this June, averaging $7,295.
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