Throughout the ebbs and flows of 2021, interest rates remained low and buyer demand stayed consistently high. DMAR found there were more homes purchased in 2021, 63,684 more than any previous year.
August 2021 report indicates a slowdown in inventory while still being a good time for burnt-out buyers to re-enter the market as seasonality takes hold of the area.
July 2021 data demonstrates that the pool of buyers continues to shrink in terms of affordability while sellers continue to list their homes in expectations of it selling higher.
May 2021 proves that even buyer fatigue cannot stop Denver Metro area buyers from slowing down or giving up, with increased opportunities rising in an extreme market.
One-year post COVID and this unwavering seller’s market makes it clear that buyers are left making emotional decisions rather than factual ones when purchasing a home.