January Mortgage Trends Insight | Guest Post

Get ready for a hot spring market! 

While it may be a little chilly and dormant outside, the local real estate market is just starting to warm up! This year, the spring rush could take off as soon as February! Take a big deep breath and get ready to help your buyers and sellers this spring. While some things are slowing down a little, the trends are still moving in a positive direction, meaning that it’s still a great time to buy AND sell. 

In Denver, our market has largely been affected by low inventory and that will continue to be the case in 2019. Denver is still a hot place to live and the demand is still high on properties. Not to mention that the largest group of millennials turn 29 this year and are in peak home-buying season!  The 2nd half of 2018 brought waning annual price spikes, more properties hitting the market and fewer buyers to compete with. Everyone has to be wondering what that means for 2019.

Is the market shifting? Yes. Is it still a healthy time for buyers and sellers. Absolutely. As agents, make sure you are educating your clients about their options during a market that has a ton of opportunity. Take a look at the video below to learn more about what we’re seeing in the latest real estate market trend report: 

The views, opinions and positions expressed within this guest post are those of the author alone and do not necessarily represent those of the Denver Metro Association of REALTORS®. The accuracy, completeness and validity of any statements made within this article are not guaranteed. We accept no liability for any errors, omissions or representations. The copyright of this content belongs to the author and any liability with regards to infringement of intellectual property rights remains with them.