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Denver Housing Market Getting Hot, Sparking Bidding Wars


Potential homebuyers in the Denver, Colorado, area should be ready for a bidding war, as the real estate market continues to boom in the Mile High City.

According to CNBC, demand for homes is currently outpacing supply, and prices are skyrocketing.

“Apple and Google are bringing jobs here, home construction is very weak, and real estate experts tell me millennials love this market,” Diana Olick reported. “So what’s the result? Homes are flying off the shelves, and bidding wars are the new normal.”

Image via flickr/Larry Johnson

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