Low Mortgage Rates Jump Start Denver-Area Home Sales - 2004-03-24
Home buyers put 3,099 homes under contract, according to a pair of real estate reports issued Tuesday. Sales climbed 33.2 percent from March 2003 and 11.8 percent from February, according to the reports, which are extrapolated through the end of the month.
Brokers attributed the rising demand to a combination of low mortgage rates, increased consumer confidence and seasonal factors.
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