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Denver Area Real Estate Market Watch
It's typical for the market to slow down this time of the year - the kidlets are back in school so the spring/summer shuffle is over. But I'm feeling something a lot stronger than a normal market slow down. Prices seem to be falling, fewer homes are selling, there is a decrease in the number of homes being listed for sale.
However inventory is still tight. In August 4,920 homes sold. Half of them were in the $300,000 - $500,000 price range.
It's still a sellers market, but the market conditions are improving for buyers. One of my buyers found a cream puff of a home that had been on the market for 3 days. The listing agent said he'd had 20 showings and no calls or offers. Because of that, even though my buyer was a contingent buyer (she had to sell her home in order to buy this home), she swept in and was able to buy a home that she probably wouldn't have been able to get 30-60 days ago.
Whenever you are ready, here’s some ways that I can help with your real estate goals:
1) Free Access to search the Denver MLS for all homes currently on the market: Denver Home Finder Service Property Search
2) Join me for a home tour - Home tours are Monday thru Saturday at 2:00 pm or 6:00 pm - choose your tour here
3) Request a specific search that sends all the homes that meet your parameters as soon as they come on the market - that way you can beat others to the best homes. Send me an email with "specific search" in the subject line and your wish list - Price range, school district, style, minimum number of bedrooms, etc. - Vickie@DreamsCanHappen.com
4) Receive a Home Loan Report –There are so many different loan programs. Do you need 20% down payment to purchase a home? Are there special programs for first time home buyers? What does CHFA mean? What's the difference between a FHA loan and a Conventional loan? Send me an email - - Vickie@DreamsCanHappen.com with "Home Loan Report" in subject field and I'll send it right over.
Also….check these out??
Denver Home Finder Service
Denver Home Seller Service
However inventory is still tight. In August 4,920 homes sold. Half of them were in the $300,000 - $500,000 price range.
It's still a sellers market, but the market conditions are improving for buyers. One of my buyers found a cream puff of a home that had been on the market for 3 days. The listing agent said he'd had 20 showings and no calls or offers. Because of that, even though my buyer was a contingent buyer (she had to sell her home in order to buy this home), she swept in and was able to buy a home that she probably wouldn't have been able to get 30-60 days ago.
Whenever you are ready, here’s some ways that I can help with your real estate goals:
1) Free Access to search the Denver MLS for all homes currently on the market: Denver Home Finder Service Property Search
2) Join me for a home tour - Home tours are Monday thru Saturday at 2:00 pm or 6:00 pm - choose your tour here
3) Request a specific search that sends all the homes that meet your parameters as soon as they come on the market - that way you can beat others to the best homes. Send me an email with "specific search" in the subject line and your wish list - Price range, school district, style, minimum number of bedrooms, etc. - Vickie@DreamsCanHappen.com
4) Receive a Home Loan Report –There are so many different loan programs. Do you need 20% down payment to purchase a home? Are there special programs for first time home buyers? What does CHFA mean? What's the difference between a FHA loan and a Conventional loan? Send me an email - - Vickie@DreamsCanHappen.com with "Home Loan Report" in subject field and I'll send it right over.
Also….check these out??
Denver Home Finder Service
Denver Home Seller Service
