For every ten homes newly listed for sale in Denver in October, four were removed from the market without being sold. According to a new report from Realtor.com, this city had the second-highest rate of delistings nationwide that month, with 39 delistings per 100 new listings. That’s up from 30 in September and 24 at this time last year.
“The delisting trend is a perfect personification of the stagnant and frustration-filled housing market,” economist Jake Krimmel explains in the report. “With buyers and sellers far apart, the sellers’ solution is to pull that trump card and delist, rather than cut prices.”
Readers house plenty of other opinions about the local real estate market, as evidenced by their comments on the Westword Facebook page. Says Nate:…