Explaining economic uncertainty
Uncertainty categorizes the nation’s overall economic climate. But what does it mean for Realtors® and their clients in Denver-area’s housing market? Global growth and business confidence are down while consumer spending remains up. Low interest rates and rising family income are improving affordability and offsetting the effects of the continued lack of – albeit steadily rising – housing inventory.
Generally speaking, real estate conditions are good for both homebuyers and sellers alike as we enter into a more balanced market.
Conditions favoring buyers
In August, homes under contract…
- September 17th, 2019
- +Kentwood Marketing