This is the season homebuyers have been waiting for in the Metro Denver Area. With lower interest rates and summer activities keeping the competition busy, seasonal slowdown after the 4th of July has broken some records (source: DMAR and Megan Aller, First American Title): – Tipping over 10k homes, the July market hasn’t been this large in years (compared to the 6k listings this time last year). – Days on the Market slowed down, true to the season. Of course, homebuyers may not be thrilled that the average sales price barely budged, but it shows that you can’t expect a 2008 price drop. We’re too desirable of an area. YET, sellers are offering concessions, AND interest rates are trending downward. This could be a unique tipping point – a window of opportunity. Let’s talk as soon as possible (even if you are unsure if now is your right time). Sellers, as you can see, the market is softer but stable. With a great strategy, we’ll increase your chances of beating the odds. Summer is also the perfect time to prepare your home for the fall market. Whether you are buying, selling, or both, success is possible with expert strategies and techniques. Text, call, or email me about all of your needs: (303) 868-3097.
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