Homes, Homes, go away…

The number of unsold homes on the market continues to rise in the Denver area. As of last Friday the 7th of April, active resale homes were up 18% from a year ago at 27,309 (23,848 in 2005). That is also up 7% from February 2006. I think the biggest problem we are having are sellers not accepting contingent offers and buyers not willing to make contingent offers. If the ball doesn’t start rolling somewhere, the cycle will never begin. Buyers and sellers need to start working together to make this market move!