In 2024, Denver County and surrounding areas saw a notable decline in housing inventory, which continued to affect market dynamics. Sellers were increasingly offering concessions to attract buyers, given the steady interest rates hovering in the upper 6% to low 7% range. The most active price range was between $500,000 and $600,000, where homes remained […]

Earnest money, in the context of a real estate transaction, refers to a sum of money paid by a prospective buyer to the seller as a show of good faith and commitment. It serves as a gesture of serious intent from the buyer, indicating their willingness to move forward with the purchase. Typically, this amount […]