Colorado Housing Market Experiencing Record-Low Inventory Numbers
Denver-area REALTOR® Lane Lyon spoke with 9 News about metro Denver’s hot housing market and how millennials can get a piece of it. For those looking to get into their first home, Lyon offers this advice: “Get pre-qualified. Talk with a lender. Know what your options are. With interest rates the way they are, you may be able to afford a more expensive house. Second, be strategic. Have a plan of attack. Maybe be flexible with the inspection. You’re not going to be nitpicky. Maybe you’re going to chip in if the appraisal comes in a little bit low. And finally, compromise. It might not be your forever home, millennials. But build some equity and then you can move to that forever home.