DENVER (CBS4)– More houses are available for sale in the Denver metro area which has loosened up the tight housing market in some parts of Colorado.
According to a new report from the Denver Metro Association of Realtors, there’s been an explosion of homes on the real estate market with active listings up 24 percent from May to June.
That is considered good news for buyers because there are more properties to choose from and potentially less competition with offers.
The DMAR states that there are more price reductions in existing homes on the market as the number of active listings increase.
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