The high-end home market is on the rise, says John Mossman in his Denver Post article, “Luxury home market in the Denver metro area on the rise.” With mortgage rates decreasing and home sales rising, the market is looking considerably better than the last couple years.
Prospective home buyers and sellers could use a few encouraging words after the last several years. John Brimberry of Vectra Bank Colorado shares a few:
There’s a lot of liquidity in the market and improved confidence, so a lot of people who’ve been sitting on the sideline can now sell their home or buy a nicer one.
The signs continue to be good around the Denver/Boulder area.