Category: Colorado Real Estate Market

Thinking of Selling Your Home? Summer is the Time

7/8/2016

As a homeowner you may toy with the idea of selling your home from time to time. If it’s been on your mind recently, now is the time to get your home listed. The market in the area is a prime seller’s market.

Here are 6 reasons to sell your home now:

Historically High Prices
According to ReColorado the average Colorado home sale price was $405,682 in May 2016. This is the highest prices Colorado has ever seen and is a 8.6% increase from a year prior. Even as Colorado home prices continue to increase year-over-year, we see a seasonal drop in price every winter. If you are considering selling, now is the time.

6 Tips for Avoiding New Buyer Scares

10/14/2015

In a booming market it’s easy to get caught up in the fast-paced competition. It’s important to do your homework on your home, the neighborhood and your finances. Some up-front work will save you a lot of headaches in the future!

Here are 6 tips for avoiding new buyer scares:

1. Get an Inspection
If you’re want to save money on closing costs, the inspection is not the place to skimp. Imagine for a moment sleeping in your new dream home shortly after closing when a thunderstorm hits. No big deal until you start getting rained on, in your bed. When faced with a large home repair, the inspection cost will look quite small. Home inspections point out what might need to be on your house. It gives you power to negotiate for repairs or at least give you a heads up on what issues are present in the home you are buying.

10 Tips to Sell Your Home Fast: Make the Most of a Hot Real Estate Market

7/15/2015

The real estate market has gone from a recession to a recovery to a boom. Inventory is low and houses are selling fast. If you’re thinking about selling your home or if you are already in the process of putting it on the market, here are some sure-fire techniques to impress buyers and get you to the closing table quickly:

1. Make a Great First Impression
Studies show most home buyers make their decision to buy or not buy a home in eight seconds. Make sure your yard is landscaped and welcoming. Consider adding a few flowers or a new mailbox for improved curb appeal. Clean up any clutter on countertops or in the kids’ rooms, and make sure curtains and drapes are open to make the space as bright and inviting as possible. A fresh coat of paint, inside or out, goes a long way toward making the space feel new and attractive.

2. Depersonalize the Space
Treat your house as if you’re already moving out. Buyers want to envision themselves in the house, so it is up to you to make the home neutral. As sentimental as they may remove items such as religious icons and family photos. It is also important to make your space look large, so pack up knick knacks and declutter. Pets should also be relocated during showings and open houses. No one wants to smell a litter box or hamster cage when they walk into a space.

Metro Denver Real Estate Market Vital Signs: June 2015

7/14/2015

Each month we look at trends in the real estate market to help you stay on top of what is going on in your area of town. We look at things like the number of new listings and sales prices. All of this data along with the expertise from your agent can help you determine if now is the right time for you to buy or sell.

The Market By the Numbers

$37,325 - The increase in the average sale price from June 2014 to June 2015. - recolorado.com

25 - The average days on market in June 2015, down from 28 in May 2015. - recolorado.com

7,718 - The number of new listings in June 2015. Down from 7,500 in June 2014. - recolorado.com

$418,803- The average list price in May 2015, up from $389,489 in May 2014. - recolorado.com

6,377 - The number of sales in June 2015, up from 5,540 in May 2015. - recolorado.com

4.04% - Mortgage rates as of July 9, 2015. Down from 4.15% on July 10, 2014.

New Listings

<<Previous

COLORADO REAL ESTATE NEWS

Thinking of Selling Your Home? Summer is the Time

6 Tips for Avoiding New Buyer Scares

10 Tips to Sell Your Home Fast: Make the Most of a Hot Real Estate Market

Metro Denver Real Estate Market Vital Signs: June 2015

Categories