The Denver-Foothills area is home to many beautiful mountains and lush forests, but it’s also one of the most difficult places in Colorado to find a home. Due to its natural beauty, proximity to major cities like Denver, and easy access to outdoor activities, this region has become a hot spot for people looking to buy real estate. However, as more and more people move into this area, housing inventory has become scarce. With so many homes on the market selling faster than they can be listed and an extremely low number of new construction projects that meet the demands of these potential buyers, the housing crisis continues to grow. In this blog post we explore what makes homes so hard to find in the Denver-Foothills area along with a few solutions from local real estate agencies working hard every day to provide new opportunities for those looking for a home in this unique corner of Colorado.
The Colorado real estate market is starting to calm going into the fall of 2021. It is still a seller’s market but we aren’t seeing the panic buying from buyers. Colorado no longer has a “selling season” but things always tend to level off in the fall as families work on getting their children back to school. Real estate agents are seeing less multiple offers and not nearly as many offers way over list price. Offers are still coming in over list price but we are only seeing 5 offers over list instead of 10 or 15.