Found 1 blog entry tagged as housing inventory.

West + Main Homes' Founder + Owner, Stacie Staub, was quoted this week in the New York Times, who asked for her thoughts on Denver's ongoing Seller's Market and current housing market conditions.

In Denver, where the inventory of homes has been low for the past couple of years, there is no such thing as lowballing, said Stacie Staub, founder of West and Main Homes in Lakewood, Colo., near Denver. Often, she said, homes go on the market on a Friday and are under contract by Sunday.

The market is so tight that Ms. Staub often recommends that people looking to trade up to a new home should first sell their own house, and then go shopping with cash. Sellers generally frown on contingency offers, which are subject to the sale of an existing home.…

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