I am a Realtor in the Denver Metro Area and I have to tell you that things have changed in a weird way. As of late, my buyers are having to compete with several offers on single family homes in various parts of Denver. If the home in questions is not a Short Sale, Bank Owned or distressed in anyway then all best are off. I have to say that it is frustrating for me in one sense. Only when I don't get the contract accepted for my client, but we won't talk about that.
All in all this is a good thing for the market in Denver, but I wonder if it is the same for you in other areas of the US. On listings that you have, are you find that the showing volume has increased significantly? What about when you put offers in for you clients? Are you finding yourself in a counter proposal frenzy?
The inventory in Denver is down 17 percent from a year ago and that is one of the contributing factors. How are inventory levels in your market? If I was to guess I would have to imagine that you are experiencing the same thing in your state as we are here.
Am I off base or in La La land possibly? Set me straight, what is happening in your market.
I wish you the best and look forward to hearing from you.
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