We hope these charts help Buyers see that it is still a great time to purchase a Home!!
Wednesday, October 16, 2013
Tuesday, March 19, 2013
Real Estate Term of the Day: FLASH SALE –
a listing that goes under contract within 24
hours of its being placed on the market.
Denver has had 115 Flash Sales within the last
5 months and we expect to see many more as "Buying Season" heats up
while our inventory remains depleted.
According
to Redfin Denver was in the top 9 cities across the country for having FLASH
SALES!
The
inventory in the Metro Denver Market is still the lowest it has been in many
years.
What a
GREAT time to sale your home.
This month
I had buyers that put an offer down on a
home that was on the market for 24 hours and the seller had received 5 offers
total. Because of the creative offer we
developed I was able to get my buyers under contract on this home!
Trends
show prices will continue to rise and interest rates will continue to rise, so
if you are thinking about buying a home NOW is the time before you end up
paying higher interest rates and higher prices and get less of a home than you
can buy now.
For a
Free Market Analysis of your home or a free consultation about buying a home
feel free to call Denise Wambsganss at 303-880-8771 or email: dwambs@msn.com
Monday, January 14, 2013
Real Estate News
Happy New Year! Now that the holidays
are over it’s the perfect time to talk about what I think the real estate
market will look like in 2013. So let’s jump right in.
According to Fannie Mae’s Dec. National
Housing survey, Americans believe that home prices will rise 2.6% in 2013. This number is TOO LOW for what has
been happening and what will continue to happen in the Metro Denver Market. I
decided to give you some concrete facts because I have found that many people
have no idea how HOT the Metro Denver Real Estate Market has become.
Average
Home Price: The
average price of a home in Denver leapt
14% in 2012, surpassing even the most optimistic forecasts (including
my own!). I believe this year will be almost as strong with an average price
increase of 8-10% and here’s why: The number one driver of home price change is
the amount of inventory on the market. In 2007 we had a peak of 27,500
properties on the market and prices dropped 14%, while in 2012 we averaged
10,000 properties on the market and prices went up 14%.
I will be posting several times in the next few days with more info on 2012 stats.
Your
Castle Real Estate: I
am very Proud to work for Your Castle Real Estate. This company is always the most accurate when
it comes to facts and figures on the Metro Denver Real Estate Market. That is one reason why we are the 5th
Fastest growing, Denver area, Privately Owned companies. (source DBJ Research). If
you want statistics about your specific neighborhood feel free to contact me
at dwambs@msn.com or 303-880-8771 Denise Wambsganss – Realtor – Your Castle
Real Estate.
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