Denver Home Sellers Slashing Prices, “Finally Coming to Terms” with Market

In a city where literal meth houses list for nearly half a million dollars, homeownership feels increasingly unaffordable. But the tides are turning.

Among major United States metros, Denver placed in the top ten for the highest percentage of home listings with repeated price reductions, according to a report from Realtor.com released on February 20.

Nearly 16 percent of Denver’s active home listings in January underwent at least three price cuts since the properties first went on the market, the report found. That’s compared to the national average of 10.7 percent…

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