Online database of Denver houses for sale, AutomatedHomefinder.com, reflects on recent happenings within the real estate market, and their effects on real estate listings in Denver.
BOULDER, CO, May 22, 2012 /24-7PressRelease/ — After such a tumultuous few years in the real estate sector, AutomatedHomefinder.com, a leading source of real estate listings in Denver, is looking forward to a projected rebound in the Colorado market. Statistics during May 2012 report a slow but steady increase in the average home prices in that region, indicating an overall stabilization and turnaround of the Colorado housing market. Representatives from AutomatedHomefinder.com now reflect on the circumstances specific to real estate in Denver, CO that could support this prediction.
With historically low interest rates across the country combined with increasing rental rates, more people are looking into the available Denver houses for sale. Increasing numbers of investors have been collecting inventory over the recent months, leaving buyers with little inventory of homes to choose from. AutomatedHomefinder.com reports that this situation has resulted in a more competitive market, in which buyers should expect to bid more aggressively, and expect possible multiple offers and competition for the home they’re after.
“The current atmosphere in the Denver real estate market has been slowly edging sale prices higher, especially with government and financial institution incentives that encourage buyers to jump in. These conditions have made for more buyers with fewer homes to choose from, drawing home prices up gradually,” said Joel McDonald of AutomatedHomefinder.com (http://www.automatedhomefinder.com)
Home values in the Colorado area did not appear to suffer as much as those in other areas of the country, and agents are doing all they can to encourage more sellers to enter the market.
“Getting more ‘move-up’ sellers (those who are going from their starter home into the next price level) will help supply the market with affordable homes for new buyers, and better stimulate our area’s inventory. AutomatedHomefinder.com can help buyers at any price level to find exactly the home they’re looking for, at the best price possible,” concluded McDonald.
AutomatedHomefinder.com (http://www.automatedhomefinder.com) is a free, online database which houses over 40,000 real estate listings in Denver and surrounding Colorado areas. Visitors to the site can input various criteria to filter their search results, allowing them to view both exterior and interior photos about only homes that fit their needs. They can also obtain additional information about specific neighborhoods, and conveniently schedule a showing through the online portal. Automated Homefinder is dedicated to helping those interested in real estate find the best Colorado listings at the best price, with the least hassle possible.
4770 Baseline Rd., #200
Boulder, CO 80303
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Article source: http://world.einnews.com/247pr/281991