The three most significant factors affecting the real estate market, nationally and in metro Denver, would be 1) low supply of available homes 2) buyer competition 3) small mortgage rate increases–in that order! Low Housing Inventory This is particularly true in high-growth cities such as Seattle, Portland, Dallas and Denver. The entry-level home segment of… [Read More]
Strong March luxury home sales in Denver Metro and record-breaking luxury home sales in Boulder according to LIV Sotheby’s
With Colorado’s real estate market entering the peak of its spring selling season, luxury home sales (sales over $1M) in Denver metro and Boulder continue to see a significant increase year-over-year, according to a March luxury market report, released by LIV Sotheby’s International Realty. In addition to a predictable increase of buyers entering the market as… [Read More]
Insider: The Makings of a ‘Hot’ Housing Market
In many popular real estate markets (including Colorado’s), sellers have sat in the driver’s seat, enjoying the fruits of what many consider a booming time in real estate. But just what constitutes a ‘hot’ housing market? With the national unemployment rate riding a 17-year low, of just 4.1%, down from 10% in 2009, a low… [Read More]
When it Comes to Offers, it’s Not Always about Price
When considering which of two or more competing offers to accept for your home, there is no doubt price plays a huge role. After all, if Offer #1 is $10,000 higher than Offer #2, that’s an enticing difference that puts thousands of extra dollars in your pocket. However, price isn’t the only thing you should… [Read More]
Not-So-Obvious Reasons to Meet with a REALTOR®
When is the best time to meet with a REALTOR® like me? Chances are, you would say, “When I’m thinking of buying or selling a home.” You’d be right, of course! However, there are many other good reasons to meet with me. Here are just a few: You want a professional opinion as to the… [Read More]