Nobody has a crystal ball. But generally speaking, we think the market is going to continue on this upward swing for at least a few years. The Thornton area (and other suburbs of Denver) is just as "Hot" as Denver itself. It's all about supply and demand. Right now most areas along the "front range" have very little inventory (low supply). Demand is very high (many buyers competing for a few number of homes). As a result, home prices are increasing steadily in all areas and we don't expect it to stop until: 1) more inventory comes on the market and/or 2) Buyer demand slows down. Who knows when that will happen.
Despite it being a tough Buyer's Market, I have been successful in helping many buyers successfully close on a home. It may take a few tries and it may require you to be a little flexible in your search criteria. (i.e. instead of Thornton, you may want to look at Northglenn, Henderson, Brighton or Commerce City). Instead of looking at max price of $$250-300K you may have to bump it up to $325. Instead of getting 3,000 SF you may have to settle for 2,000.
If you're not working with a Realtor yet, I'd be happy to help!
Metro Brokers | Grenier Real Estate
303.475.4508 Cell... more
Ivanhoe St. runs north and south throughout the Denver Metropolitan area and north and south suburbs. It is in the alphabet about half way between Colorado Blvd. and Monaco St. I hope that helps. Let me know if you need help with this or other homes in the Denver area.
Robert McGuire ASR
Your Castle Real Estate
Direct - 303-669-1246