Here in Parker, Colorado and the Denver Metro Area, we continue to see a relatively good market.  We've seen some price declines.  But, not major price reductions.  In my opinion, the price decreases are more due to "too high" original listing prices.  Home sellers here in Parker, including real estate agents, are remembering those crazy prices a few years back and thinking nothing has changed.  

The supply of homes for sale in Parker, Colorado is still super low.  We are currently working with quite a few buyers and having a difficult time finding the right homes for them.  That condition, alone, has a major effect of keeping prices stable.  It's the classic "supply and demand" equation.

Hopefully, we will see more and more homes coming on the market over the next several weeks and months.  We actually have five new listings that will go on the market between mid February and May. If you're thinking about buying a home now or in the near future, I would encourage you to get active right now.  If you can find the right home now, jump on it.  I strongly believe that we will see a very "hot market" in the spring.  And, if mortgage rates drop below 6%, it will be dramatic.  Result. Higher home prices.  If they drop to the 51/2% range, it will be crazy.

Cheryl and I have been selling real estate here in Parker, Colorado since 2004.  We have the experience needed to navigate different markets.  We would love to work with you if you're considering buying a home or selling the home you live in.  Call me at 720.220.5058 or Cheryl at 303.981.7339.  Visit our website at www.ParkerColoradoHomeCenter.com for more information.