Advice to Sellers:
The Metro Denver Seller’s home market continues to see increasing changes. The new challenge for sellers is accurate pricing. Seller’s will see more growth but at a slow pace. Homes are now taking longer to sell and price appreciation is changing. Sellers are increasing because they want to buy the home of their choice. With a changing market and a healthier one, housing is improving and the economy is steady. Buyers always will determine what your home is worth. As a Seller, think about these renovations: insulation, finish the basement, remodel a bathroom, update a room, add new light bulbs, and add a deck. As a Seller, if your home sits longer than a month, it is time to revisit the marketing strategy.
As a Seller, your home needs to be priced right from the very beginning. Manage your expectations, make sure your home is move-in ready, be flexible, and accept the offer that works best for you the Seller.
Seller preparation includes a good pricing comparison analysis, instructions on staging, what are the top improvements, introduction to a net sheet to understand the bottom line, and a conversation on how the market functions. As such, the homeowner looking to sell a home needs a professional who is a local expert, is hyper local market knowledgeable, and can assist in the Professional plan to sell one’s home. Now is the time to reach out to a Professional.
Advice to Buyers:
The Metro Denver home market continues to increase. Keep your eye on the home market with now fewer homes available. Foremost, focus on your lifestyle and home requirements. As a Buyer, get into the home market at the right time. As a Buyer, make the offer that works for you and is the offer that you can complete to close the transaction. As a Buyer, understand what type of purchase will help you reach your goal and know what the needs and wants are.
Know what you want in a home, where you want to live, and what price range you can afford. Complete the pre-qualification process so you know the price range that you qualify for when you are purchasing a home. Be prepared, manage your expectations, and be open to looking at the entire Denver market. Reach out to a Professional today about your best options and opportunities to participate and succeed in the purchase of your “Dream” home.