Lakewood is a city in Jefferson County, Colorado. The city is one of the larger suburbs of Denver. With a location in the foothills of the Rockies, the energy of downtown Denver minutes away, and a superb climate to enjoy it all in, the lifestyle in Lakewood is definitely hard to beat. With a vibrant community and more recreation options and attractions being added every year, it just keeps getting better all the time.
The Lakewood real estate market is growing rapidly. New homes are being built in Lakewood at a staggering
pace. Much of this Lakewood real estate is built with foreign buyers in mind.
Currency exchange rates have made buying real estate in Lakewood and the US
in general much more favorable in the last few years.
Over the last several month real estate prices in Lakewood has begun to soften
a bit. The softening market has prompted some sellers to increase incentives
to sales agents and buyers, ranging from increasing sales commissions to
reducing pricing. Many believe this presents an opportunity to scoop up
hot Lakewood homes at reduced prices.
The reasons for the cooling market include mortgage rates than are beginning to move higher, a temporary oversupply of homes, and the property tax consequences of moving to a new home. Many experts and market watchers say the fundamentals underlying Lakewood's real estate market remain sound
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