I keep saying it's a seller's market, and I'm right. This property is further proof of that. I listed it recently and after only two days on market, we had several showings and an attractive offer submitted. It's now under contract. Sellers are happy. Buyers are happy.
Truth is our market inventory, meaning homes for sale, is so low that buyers are scrambling to find quality, affordable housing right now. The good stuff is getting swooped up fast and at top dollar, especially in locations like this.
This home is located in the Powers area, conveniently located near to Peterson Air Force Base, Shriever Air Force Base, The Air Force Academy and Fort Carson Army Post.
Interest rates remain at record lows, and rumor has it they will stay at such until after the upcoming presidential election. These low rates give today's buyers more buying power, enabling them to purchase more house. Now they just need more houses like this to go up for sale.