As we all know, inventory of existing and new homes in the Denver Metro area has been at historic lows, which has benefitted homeowners as price appreciation has risen steadily over the past six years, especially in the city and nearby suburbs.
However, a rise in interest rates, thanks to the Federal Reserve, combined with a shaky political atmosphere, has homeowners thinking now may be the time to cash out and is almost certain to increase housing inventory for 2017. For prospective sellers that means that if you were planning to sell your home this Spring, it’s time to get a move on!
Here are six reasons why now may be the time to sell in Central Colorado:
1. Low inventory
Inventory of homes in both Denver and its surrounding suburbs…