Erin Bell - Real Estate

Are you trying to sift all the info and figure out what’s REALLY going on in the real estate market?
Stop already. I got you covered. Remember…
A BUYER’S MARKET is when there are more homes available than buyers looking.
A SELLER’S MARKET is when there are more buyers looking than homes available.
In general, it’s a seller’s market if inventory is adequate for 5 months (or less) worth of sales. If you have 5 to 7 months of inventory, you have a balanced market, and anytime you have more than seven months’ worth of inventory, you’re in a buyer’s market.
In most areas of Colorado, there are 2.5 months of inventory or less!
If you want to talk more about what’s happening in your area this winter, send me a DM. No matter the market, I’m here to help you reach your real estate goals.