Littleton is a city located in the Denver-Aurora metropolitan area of Colorado. It is a suburb south of Denver in an irrigated farm area. The community was named after Richard Sullivan Little the first settler. Littleton had long been known in economic development circles for something much more positive: “economic gardening” - a self-reliant approach to building community. Littleton, has a vibrant and upscale economy by focusing on the local base.
The Littleton real estate market is growing rapidly. New homes are being built in Littleton at a staggering
pace. Much of this Littleton real estate is built with foreign buyers in mind.
Currency exchange rates have made buying real estate in Littleton and the US
in general much more favorable in the last few years.
Over the last several month real estate prices in Littleton 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 Littleton 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 Littleton's real estate market remain sound
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