Houses are selling…they aren’t flying off the market at record paces all across the country, but in Denver, if a house is priced right and it looks fantastic, it will sell. As you can see in the graph above, the over $500,000 market started moving after the first time homebuyer tax credit ended. It […]
New Rules for Short Sales…again…for the Denver Real Estate Market
New HAFA Rules: Apply to Short Sales. The rules do not apply to loans that are backed by Freddie or Fannie ask the other agent before showing so you know if the rules apply to the house you are potentially looking at. Will allow borrowers (current sellers) to receive pre-approved short sales terms before listing […]
Which Market?
Last week I found myself answering the most asked question “How’s the Market?” with the question,”Which market?” The man who asked the question laughed and said, “real estate.” His laugh is what made me realize our conversation wasn’t the norm, but I needed to know which market so I could really answer the question. If […]
Have we hit bottom in the Denver Real Estate Market?
Where are we? Have we hit bottom? When is the best time to buy? or sell? These have been the questions on the tip of everyone tongue for the past two years. Check out this graph and let’s talk about the best time to buy. Are we hanging out between Panic and Despondency? That is […]
Time for Change in Denver Real Estate
December vs. January is like black and white. Showings on the homes that are for sale are up, not only from December, but from a year ago. I have had at least three times as many showings on my listings in these first three weeks than I had in the whole month of December. I had two open houses this […]