Denver realtors share predictions for 2023’s housing market
Metro Denver’s real estate agents anticipate the metro housing market will stabilize in 2023.
During the pandemic, office workers who no longer had to commute wanted more space to work from home. And that freedom, combined with low-interest rates, fueled a home-buying frenzy nationally.
In Denver, where home prices were already climbing, that demand made prices skyrocket as buyers offered thousands over the list price.
Higher interest rates combined with more available homes helped temper the market.
And real estate…