The Fed's highly anticipated rate cut was a refi the rumor lock the news moment. Almost a month since the first of expected Fed cuts, the 10 year moved higher delaying anticipated buyers to the slowed sellers market. The mix between supply and demand in Denver’s metro market remains seller-friendly, dependent on the property’s location and condition. Median days on the market hovers around 35 vs the 15 days typical at the market’s peak. This assumes a properly priced home of course. As Fall takes shape, what and where a home is located ... more at The Art Quarterly.
Savvy Sellers and Buyers - Summer 2024