Metro Denver Real Estate Market Update, January 27, 2023
A year ago, I showed a home to some clients and learned there were 153 other showings and 33 offers. How have things changed?
A year ago, I showed a home to some clients and learned there were 153 other showings and 33 offers. How have things changed?
A reminder about homeowner’s insurance, thoughts on increasing foreclosures and a word about inventory in Metro Denver.
See which five homes sold for the most amount of money during 2022.
It’s normal for 13% of sellers to reduce the price of a home before it sells. What’s happening locally and why?
We always want to be realistic about the real estate market. Part of that is to look at what’s right in the housing market and economy in general.
If you’re thinking of remodeling your home before putting it on the market, you’ll want to know which projects appeal most to buyers and which ones pay back the money you’ll invest.
The average rate for a 30-year mortgage is down to 6.62% today. Home prices have been falling for the past six months. Despite the lower rate and lower prices, affordability is a concern for home buyers.
It’s really no secret that the exterior of your home is one of the most important factors when it comes to selling it. By preparing the exterior of your home before you sell it, you can make it look more attractive to potential buyers and increase the chances of selling your home quickly and for a higher price.
No matter what you’ve heard, the truth is, you don’t really need professional help to get your home ready to sell. You just need the right guidance and some time.
You already know the real estate market has shifted in the past six months. In our area, the median price for a sold home peaked in April at $625,000 and was down to $585,000 last month.
We work with buyers and sellers and see trends in how each group looks at the market, so we want to share what we know.