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Angela Engle Case

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The housing market in Denver, Colorado starting taking its toll back in 2013 when Realtors were already predicting to have a big year after attempting to rebound after the market crashed the previous year. In 2011, the average real-estate sales dropped below $260,000 comparing back to 2009 where houses dropped down to $242,000. This year alone, the Denver housing market reached a record setting year, which there are more years to come, with the average residential home sales of over $350,000 (Aegerter). The real estate has really become more of a benefit to previous home-owners with families receiving profits from selling their homes, which the money gives the family enough for them to re-locate to another metro area and possibly find an affordable …show more content…

Angela recently moved to Colorado to relocate for your job working at a local health insurance group, which would also benefit her son’s father to be closer to her son. In just a matter of a two-week span, Angela was making offers on five homes that really brought a lot of interest to her which matched her criteria of what she was looking for in a home. Unfortunately, not even one bid out of those five houses fell through for her. Due to this incident, the housing market in Denver, Colorado has transformed into a form of “The Hunger Games,” with the home buyers gathering any weapons that they can bargain to stay the last bidder standing (Svaldi). Engle stated, “I was like, ‘How the heck is this going to work?’ What kind of potential could I have as a buy in this market? (Rusch)” After searching, Angela finally bought a two-bedroom, one-bath townhouse in Aurora for her and her son to end the stressful, month-long house hunting. This article can be helpful for soon-to-be homeowners that will go through similar feelings of panic and frustration while going through the process of the bidding

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