Despite concerns buyers would delay home purchases until after the election, metro Denver’s housing market sizzled in October. That activity bucks a national trend. A Redfin survey shows that 23% of first-time buyers plan to wait until after the election to purchase, citing economic uncertainty, potential rate cuts, and candidate policy impacts. According to the monthly report from the Denver Metro Association of Realtors, homebuyers closed on 3,443 properties last month, up 2.3% from September and an 8% jump from 3,189 in October 2023.
Denver’s Hot October Housing Market Bucks Pre-election Tradition
Sara B. Hansen, Denver Post
Fri, 11/08/2024 - 1:55pm
Topics: redfin denver metro association realtors pending post-election traditionally michelle schwinghammer west+main dmar market trends committee that s october s million-dollar colleen covell mile hi modern related articlesnovember early wheat ridge zillow s colorado with the denver post october denver at september covell november sponsored real estate voices bucks housing market buyers price days homes listings inventory sellers home number point member detached record median properties results active sales
BING NEWS:
- Denver’s hot October housing market bucks pre-election tradition
Despite concerns buyers would delay home purchases until after the election, metro Denver’s housing market sizzled in October. That activity bucks a national trend. A Redfin survey shows ...
11/8/2024 - 1:55 pm | View Link - How Trump's win could impact the housing market
The U.S. housing market was a major issue for voters in the 2024 ... the real estate industry is taking a fresh look at how his policies might impact the market. A pre-election analysis by Realtor.com ...
11/6/2024 - 3:37 pm | View Link - Metro Denver housing market heats up in October, despite election jitters
Metro Denver’s housing market heated up instead of cooling down last month as buyers defied expectations they would take a wait-and-see approach until the election was over.
11/4/2024 - 11:44 pm | View Link - More
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