Buyer Tips

Aug. 15, 2023

Pricing Your Listing is Critical Right Now

This year has been tough for buyers, with the interest rates hovering around 7%.    Every time the rates increase, buyers lose some buying power, so many are sitting tight and waiting until the rates come back down.  

Since there are fewer buyers out right now, we are seeing ...

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Posted in Buyer Tips, Seller Tips
July 21, 2023

Homes in the Denver Metro area Under $500K

Recently there have been articles on the news and in newspapers about the lack of housing under $500,000 in the Denver Metro area.    It is true, finding a single family home for under $500,000 can be a challenge.

 

I have removed those homes listed as multi-family ...

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July 17, 2023

5280 Ranked Neighborhoods within Denver

5280 has done their 5th annual announcement of the Best Neighborhoods in the Denver area, and many were not surprising.  Denver boasts abundant sunshine, sensational restaurants and bars, a vibrant arts and music scene, and cutting-edge businesses.   (5280 is a local based magazine for Denver)

They evaluated ...

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June 16, 2023

Inspection Objection - What Items should be Repaired?

The inspection is a critical part of a purchase transaction.    I ALWAYS recommend having an inspection, even if the Seller says AS IS!    This is a small insurance policy, as you may find some issues with big-ticket items.

 

I have had many buyers ask "What ...

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Posted in Buyer Tips
March 6, 2023

What Rules do we Have to Live With in a Covenant Community?

 

Rules & RegulationsWhen buying a property located within a Homeowners Association, there are rules you have to adhere to.  Most homeowners associations for a detached housing community are similar.

  • fencing has to be the same height & material throughout the community     (if the fencing is only 4' - no privacy fences ...
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Posted in Buyer Tips
Feb. 23, 2023

Denver Sales are Down over Last Year, Home Values Increasing Slowly

The stats are out for the month of January, and the numbers reflect the seasonal slowdown this time of year, along with interest rates bouncing around.   The inventory declined 13% from last month, but increased 80% over last year.  The inventory has not moved much since the beginning ...

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Feb. 16, 2023

Is this Market Leaving you with Cold Feet?

The interest rates are bouncing around a bit and are higher than they were last year.    Is this stopping you from a purchase?     A couple of my buyers recently did a buy-down through the lender, with Seller concessions, and got a lower interest rate, and a lower house ...

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Posted in Buyer Tips, Seller Tips
Feb. 15, 2023

What does the 2023 Real Estate Market Look Like?

In March 2022, the Federal Reserve began a series of interest rate hikes in an effort to pump the brakes on inflation. And while some market sectors have been slow to respond, the housing market has reacted accordingly.   In Denver, we saw a shift almost immediately.

Both demand and ...

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Jan. 16, 2023

Is Denver's Market Slow in 2023?

Every time we turn around, there is someone professing the market is SLOW, and homes aren't selling in Denver.   That is true when the home is priced too high, needs repairs or the location is less than desirable.    We were slowing in December, but right after the ...

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Dec. 10, 2022

Homes for Sale in Gated Communities around Denver

There is something about a community that shouts LUXURY, when you have to obtain a gate code to get into a neighborhood.   They are not all multi-million dollar communities, there are some that are quite reasonable. 

When you buy into a gated community, it does give you a ...

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