Michael Shotnik
Branch Manager
READ BIO
FROM OUR BLOG
December 4, 2017

Click here for the November 2017 Denver Market Trends Report.

Most notable to us was that we’re tracking to break the 10,000 – unit mark for new apartment construction in 2017, which is something that hasn’t been done in 30 years.

According to Freddie Mac, new home construction is predicted to increase 9% in 2018 with new home sales being a primary driver in the housing market.

Denver Metro area ranked 9th on Realtor.com’s Hotness Index in October with the median days of inventory of 41.

 

Everything in this post has been pulled from the Denver Metro Association of Realtor’s website: https://www.dmarealtors.com/market-trends-exclusive-partner

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Sierra Pacific Mortgage Company, Inc. dba Colorado Mortgage

Sierra Pacific Mortgage NMLS# 1788. Michael Shotnik NMLS: 218281, CO License: 100017466. Regulated in Colorado by the Division of Real Estate #988320. To check license status of mortgage loan originator, visit D.O.R.A. and NMLS consumer access.