Denver Business Journal - Homes in Denver that are considered "stale," meaning they've sat on the market for more than 30 days, comprise about half of the listings on the market, according to a new Redfin report.
Seattle-based real estate brokerage Redfin Corp. (which also has a large office in Denver) analyzed the home inventory shortage and determined that nationwide 70 percent of homes for sale were stale.
But in Denver, inventory of homes in Denver are so low overall that listings of "fresh" homes, homes that just recently went on the market, abnormally accounted for a larger share of inventory last month, the report said. Read More at Denver Business Journal
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