More Stats Backing the Market Increase

Colorado Association of Realtors released their quarterly report echoing what all of the other stats have been saying.  The market has been increasing.  However, keep in mind that all of these statistical providers provide a dated indicator of market activity as they are compiled from data that has occurred in the past time periods.

CAR

Current field  reports I have received from brokers, title  companies and  appraisers indicate that the rabid pace is finally slowing.  The slowing is due to several factors including discouraged buyers (buyers tired of getting beat out in bidding contests), increased inventory and increasing interest rates.