While it is not always a popular topic, supply & demand sets the prices paid for any product.
Gasoline is one good (bad) example but it is true with real estate as well.
There is a real anomoly that appeared in new listings in the Denver Real Estate residential listings in March.
We only had 5377 single family homes enter the market where the average of new listings for the previous 5 years was 6756.
See the full story at my blog
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