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Home Colorado Spotlight
A record number of Denver homes were sold in 2020 due to low mortgage rates

A record number of Denver homes were sold in 2020 due to low mortgage rates

by I'm From Denver
January 6, 2021
in Colorado Spotlight, Trending
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There have never been fewer “For Sale” signs on lawns in front of Denver homes.

There were only 2,541 active listings on the market in December, according to the Denver Metro Association of REALTORS (DMAR). That’s the first time ever Denver has seen under 3,000 listings.

“We don’t have enough houses to go around. We can’t keep up with the inventory,” said Lane Lyon, a managing broker and realtor with Coldwell Banker. “Real estate has been a shining star during COVID because the feds stepped in and lowered mortgage rates.”

Source: https://www.9news.com

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