Denver metro real estate feeding frenzy may be lessening, report suggests


Green Valley Ranch. (Kevin J. Beaty/Denverite) green valley ranch; residential real estate; denver; denverite; colorado; kevinjbeaty;
Green Valley Ranch. (Kevin J. Beaty/Denverite)

Local realtors, at least the ones that talk to the Denver Metro Association of Realtor’s Market Trends Committee Chairman Steve Danyliw, agree: The housing market is turning.

“Over the last two months, I’ve personally spoken to dozens of realtors and asked them a simple question: ‘Is the housing market turning?’” Danyliw wrote in DMAR’s September report. “Over 95 percent responded with a quick YES. One responded, ‘The feeding frenzy has lessened.’”

This being a report that’s produced by realtors, people who make a living selling houses, great care has been taken to note this is not a slow down or a bubble. Maybe more like a level-off:

“Housing numbers can be presented in ways to paint many different

... read more at: https://www.denverite.com/denver-metro-real-estate-feeding-frenzy-slowing-trend-report-suggests-42146/