Your Castle Real Estate
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Denver area inventory

Take a look at an analysis that one of my colleagues at Your Castle Real Estate did.  It’s an analysis of active inventory.

– Only 6,200 homes active on the market… 12 year low
– Only 460 are bank owned, or 7% of the market.  REO (bank owned) are the exception now.
– 640 short sale listings… less than I would have expected
– There are almost 4,000 homes that are Under Contract or Pending.

What does this mean? It’s a great time to be listing a house! Especially under $250K.