A recent blog from Keeping Current Matters outlines the national pricing effects based on inventory. Their research from the National Association of Realtors, the National Housing Trend Report, states:
The recovery is entering a new phase where inventory shortfalls are no longer the driving force behind changes in housing prices in many markets. Larger inventories, especially in the hotter markets that experienced rapid price increases in the spring, are expanding buyers’ choices and helping to moderate price increases.
Read the complete blog at KCM or contact me for information on pricing in the Boulder area market.
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