Denver’s Housing Shortage

The Denver Post had an article “Housing shortage pushes metro Denver buyers toward new homes, but builders can’t keep up” that highlighted tight supply and increasing prices from existing homes in the metro Denver area. With a population of 2.8 million, there were fewer than 4,000 homes listed for sale in January. This inventory is down around 3% year over year. The average active listings for January 1985-2017 is 13,760. A new record low was achieved in January 2018 with only 3,869 homes listed! Experts say it could take up to 10 years to correct the imbalance of home needs…. Read moreDenver’s Housing Shortage