Danny Skelly Real Estate Agents

Colorado is Seeing Another Housing Boom

This has created a market heavily weighted to the seller side. Real estate agents from Evergreen to Denver are having a hard time finding homes for their buyers and when they do it turns into a bidding war and homes are going under contract for over-list price. You may ask yourself why this is happening. The main reason is simple. Supply and demand are working in our capitalist society. Some buyers may think this isn’t fair. Sellers seem to enjoy it. This just happens to be a period in time where sellers have more control. they are able to dictate terms and the market. There have been plenty of buyers markets so buyers shouldn’t feel too bad.

Impact of Covid-19 (Coronavirus) on the Real Estate Market

There is certainly a great deal of discussion regarding the short term and long term impact of the Corona virus on the economy and the real estate market.

There is one thing a little different about the Coronavirus than other real estate drops such as 2008.

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