Home buyers who come to Denver often want to impose their previous market conditions on Denver sellers…and It is even harder when you have a client coming from a lousy market where “we had to do this to sell our house. It took us 6 months, it is already closed so we can wait these Denver sellers out. They will lower their price and then we can low ball them some more. We are buyers and WE are in the driver’s seat!”
Then the house sells in 19 days at full price and they act surprised.
Is that consistent with the Denver real estate market?
Single family homes
New listings in October: 3189
Sold Closed in October: 2993
Under Contract in October: 3030
Home Buyers need to be quick nimble and fast in Denver right now.
They CANNOT be slow lethargic and thoughtful.
The Average Denver Home sale price has increased OVER 12.5% from last year.
Now Buyers want to know why they cannot buy it for 20% off?
And what happened to all the foreclosures?
Drive the streets…how many for sale signs do you see?
Even more important, they need an experienced Realtor to help guide them (oh that is a shameless plug isn’t it?)
If you feel you want candid open conversation about the real estate market in Denver, the suburbs including Highlands Ranch, or out in the country, give me a call. It would be my pleasure.