Hot housing market in Denver signals return to normalcy
After months of bidding wars, rising prices and extreme concessions by buyers, realtors said the market is starting to look normal.
DENVER — Frustrated would-be homebuyers who gave up on their search this spring may find more success now – a new market trends report by the Denver Metro Association of Realtors (DMAR) found.
In the group’s analysis of the metro area’s housing market in July, realtors noted a return to normal behaviors after more than a year of extremes.
“We’re starting to see a return to normalcy,” DMAR Market Trends Committee chair Andrew Abrams said. “That looks like seasonality.”
What Abrams called the “buyer…