With the 2013 real estate sales data starting to trickle in along with the 2014 market predictions, it seems most analysts are in agreement that supply will continue to be hovering at low levels and demand will increase substantially.
For a balanced real estate market, there should be an inventory of five to six months of inventory for sale. Nationwide we are just hitting the five-month mark right now and as the spring selling season heats up a wave of new inventory would have to hit the market to keep up with the anticipated demand.
It is great to see Berkeley Homes coming on stream with the homes in NorthSky - the newest RidgeGate development in Lone Tree, Colorado. The temporary on-site sales office is open weekends from 1-4pm for consumers to view plans and options and ask questions of the sales associates.