America On The Move

With today’s low interest rates, tight inventory and remote-based work, the nation is feeling the change from cities to suburbs. A trend that is happening across the country. Below is a snapshot of what is driving this trend.

In Colorado, we are feeling the inventory shortage of homes listed for sale and are listed as one of the most undersupplied states. Not all bad news. It remains a very high seller's market and coupled with low-interest rates, if your home is priced correctly it will sell quickly!

Who's making the move? Many millennials are also purchasing their first home, taking advantage of the low interest rates.

In Northern Colorado, we are seeing an influx of people moving from Denver and looking for homes that offer large lot sizes or acreage.

Ask most REALTORS® and they will tell you the market has not slowed down, it has shifted but remains active thanks in a large part to the historic low interest rates.

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Get a free comprehensive comparative market analysis for your home today! Email joannc@remax.net or call 970.219.5922.