Housing Market Update
How Has the Housing Market Held Up During The Pandemic?
During the pandemic and the craziness of 2020, have you been curious about the housing market? As I drive through The Meadows, I’ve noticed a constant shuffle of For Sale signs in front lawns. This means we have a lot of new neighbors in the community.
Why are Buyers Ready to Move?
One of the main factors motivating buyers to pull the trigger on a new home is the record low-interest rates. According to the Colorado Association of Realtors, June saw the second straight month of record-setting pending sales. You can see the numbers for yourself.
What about Sellers?
With so much action from buyers, it has led to a shortage of homes on the market. So if you’re thinking about selling, your house is a hot commodity. Plus sale prices are up again from last June.
Can’t Find the Home You Want? Think About a New Build.
If you’re having a hard time finding an existing home that meets all of your needs, you can build your new home in The Meadows. Currently, you can find new homes from KB Home, Richmond American, and Lennar. They all have distinctive styles designed to fit your every need and your budget. Explore our Castle Rock home builders in The Meadows.
There’s no question that we’re living in a crazy time, but after researching a little, I’d say that if you’re thinking about buying or selling a home, the housing market is very active. Start searching for your next home in The Meadows today.