Colorado Association of REALTORS | Aurora Market Slowing Despite 100k YOY Increase
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Aurora Market Slowing Despite 100k YOY Increase

Apr 27 2022

Aurora Market Slowing Despite 100k YOY Increase

Home prices in Aurora have risen $100,000 since March of last year, but due to interest rate increases, the market is cooling just a bit. For sellers, this means “things are starting to balance out just a little bit, so you have to be a little more realistic,” says CAR Spokesperson Sunny Banka. She says a recent listing took two weeks to sell and needed a minimal price reduction. Home sellers may need to focus on investing in their homes to sell. “Call a REALTOR® first, call them first and let them tell you what should be done,” says Banka.

https://denver.cbslocal.com/2022/04/26/aurora-couple-rushes-sells-home-rising-interest-rates-real-estate-market-aurora-denver-metro-area/

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