The home you are looking for is still out there: Sellers who lowered their list price weekly over December increased from .5 percent of all listings to 2.8 percent. If you are buying, keep your eye on properties that may drop to the point that works for you.
Put on your superhero cape and jump into purchasing power mode: The median rent nationwide increased 19.7 percent, six times faster than pre-pandemic rates. Denver’s rent is up 17.7 percent on average, almost a $300/month jump. That same $300 translates to $70,000 more in purchasing power for a buyer! If you are a renter and haven’t yet set your 2022 goals, add homebuying to your list!
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