
A Short Sale Can Release the House Without Releasing the Debt
A Colorado short sale can clear a lien so the home can close without automatically forgiving the seller's unpaid debt.
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A Colorado short sale can clear a lien so the home can close without automatically forgiving the seller's unpaid debt.
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5 reports for “Short Sales”

A Colorado short sale can clear a lien so the home can close without automatically forgiving the seller's unpaid debt.

A median of just 4 days on market, inventory down nearly 40% year over year, and median sold price up 12% in a month. Cherry Creek is moving like it hasn't in years.

REcolorado's median describes the middle of June's Denver Metro closings and Case-Shiller tracks repeat sales of qualifying existing single-family homes through May, so both readings can be accurate at once.

Inventory leaning buyer at 8.58 months — yet move-in-ready condos are still closing at 101.5% of list in 20 days or less. A two-lane market.

Cole/Hyde Park is closing in 66 days at 58% odds with ~3 months of inventory. A 90-day pond of 16 listings vs 13 sales tilts gently to buyers — but presentation still wins.
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Source: REcolorado MLS / RPR data. Deemed reliable but not guaranteed. Market data should be verified before making real estate decisions.