Real estate market updates for Denver Colorado.

Cash is King in the Denver Real Estate Market right now, with many buyers being beaten out by all-cash offers. If you need a loan in order to buy a home, how can you position yourself to compete with cash offers? If you can close your loan in two weeks or less, waive your appraisal objection, and in some cases your loan objection (and increase your offer price ever so slightly) you can absolutely compete with cash offers, and win. But what does it mean to waive your appraisal objection, often called an Appraisal Gap Waiver?

Many sellers in today’s market favor buyers who are willing to guarantee their full offer price—even if the property appraises for less (which is common when prices are accelerating as quickly as they are here in Denver). For…

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If you need help navigating this market, call us at (303) 532-4742. Buyer fatigue is real at the moment, with lots of buyers giving up on their search. Sellers are getting bad advice, listing with no plan or execution. When you work with us, you are working with the very best Denver real estate agents. Don't leave such a huge financial decision to chance.

July 2021 Denver Market Update: 

The June real estate market continues to be unique and is largely defined by 5 key trends across pricing, supply, and even new listings as outlined below. An interesting data point we will continue to watch is a slight decrease in showing activity (which may indicate a slowing residential market going into the second half of the year).

  1. Single Family Average…

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Among its many impacts, COVID-19 has had a pronounced effect on the housing market. Low home inventory and high buyer demand have driven home prices to an all-time high. This has given an unexpected financial boost to many homeowners. However, for some renters, rising home prices are making dreams of homeownership feel further out of reach. In fact, the gap between homeowners and renters has never been wider. If you own a home, you are absolutely loving this market and watching your home value increase by thousands of dollars a month. Renters are between a rock and a hard place, rising rents are hitting their pocketbook while rising home prices are making homeownership more and more unattainable. 

As a homeowner, it’s important for you to understand…

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If you need help navigating this market, call us at (303) 532-4742. Buyer fatigue is real at the moment, with lots of buyers giving up on their search. Sellers are getting bad advice, listing with no plan or execution. When you work with us, you are working with the very best Denver real estate agents. Don't leave such a huge financial decision to chance.

June 2021 Denver Market Update: 

This absurdly strong seller's market continues with the average price of a single-family home in the Greater Metro Denver area up 30% year-over-year to $693,808. Buyers continue to flock to Denver and are more than willing to pay top dollar (and agree to just about anything to get their contract accepted). The Denver real estate market continues to be unlike…

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If you need help navigating this market, call us at (303) 532-4742. Buyer fatigue is real at the moment, with lots of buyers giving up on their search. Sellers are getting bad advice, listing with no plan or execution. When you work with us, you are working with the very best Denver real estate agents.

May 2021 Update: 

The big news this month is the average price of a single-family home in the Greater Metro Denver area is up 28% to $692,900. This could easily surpass $700,000 by the time we release our stats in June!. While active listings remain at a slim 2,390 - we did see a significant improvement over March (up 12% month-over-month). Surging demand and low-interest rates remain the driving factors for low inventory. New listings saw another…

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