The Federal Reserve raised interest rates by .25% at the end of September, and this move, designed to slow the economy down and undercut the potential for inflation, is impacting Real Estate markets across the country. How does this impact the numbers? We are still technically in a Seller's Market in Denver, but the lightning-fast … Continue reading How Rising Interest Rates are Impacting the Denver Housing Market
If you are buying or selling a home for the first time, you might be wondering who sets the price for the sale of your home, or how the listing price was chosen for a home you'd like to make an offer on. There are misconceptions out there about just who 'decides' what a home … Continue reading Home Comps and What to Do With Them
In Denver's competitive marketplace, you may not have the luxury of pondering whether to choose the house you fall in love with in a less-than-ideal neighborhood, or the less-than-ideal house in a neighborhood you love. That said, choosing between two such options is a common dilemma among house hunters, and it is worth considering what … Continue reading Ideal Location, or Bigger House?
In an ideal world, you stick a sign in the yard, a pre-qualified Buyer shows up, and bada-bing-bada-boom -- SOLD! In the real world though, home sales rarely happen that way. The market in Metro Denver, and much of the country, remains strong; you can't expect your home to sell overnight, but if your listing … Continue reading 6 Reasons Your House Isn’t Selling
As a seller, no matter the state of the market - Buyer's Market, Seller's Market or Balanced Market, paying attention to your property's pluses will pay dividends at the closing table. Let's talk about some of the features and benefits of your home you'll want to make sure to mention to your pool of buyers. … Continue reading Buyers Love Bragging Rights
According to the Denver Business Journal, last month Denver was the fastest selling housing market in the nation, with nearly half of homes on the market going under contract in just 6 days, down from an average of 11 days from Listing to Under Contract at the same time last year. If you are listing … Continue reading Denver On Speed
According to a recent Denver Business Journal article, a report by New York-based financial services firm SmartAsset ranks Denver 9th in the nation among the healthiest urban housing markets. Factors analyzed for the study include stability, risk, fluidity (ease of sale), and affordability. This is awesome news for local homeowners and those considering investing in the Denver … Continue reading A Denver Real Estate Health Check