The excitement for an increase in inventory is never long lasting for a Colorado real estate agent. It has been a heck of a roller coaster ride for a few years now. Just when the market looks like we are going to add a positive gain in inventory we go and sell all the existing listings. It is a wonderful thing for the sellers but it is rather annoying for our buyers out here. The other day I was talking to my buddy at Caliber Home Loans, Mike Sadowski, and we were looking at the new listings vs sales and we were kind of excited about what the numbers were showing. Then looking at it today and we basically sold those and then some! Instead of breaking it down to Evergreen, Conifer, Golden and Denver this week we will look at the Denver real estate market as a whole. We see on the chart to the right the numbers for the entire Denver MLS for residential activity over the last 7 days. This chart is pretty similar to what we have seen for years now. The market is seeing a drastic difference in new listings to sales ratio. One interesting thing we see is all the indicators show a strong sellers market still. All but one. There were a lot more price Decreases than normal. This is showing the market that buyers will buy if the price is in the proper range. Not over paying though.
Home InspectionRadon Testing Call today! – 303-674-3234 You may contact us via: Email: info@clearchoice-hi.com Mail: 8127 S. Brook Forest Rd. unit B Evergreen, CO 80439 Clear Choice Inspections is the company you want to perform your inspections. With over 30 years of experience in the home repair, remodeling, construction and inspection industry, we have the knowledge, […]
Weather you are buying or selling your home, both pay for your local real estate agent commissions. The reason it is considered to be having both parties pay is simple. The buyer is the one that brings the money to the table, with out the buyer there would be no money to take commission from. […]
Is the market starting to level off and give the buyers a little more control? Came across some very interesting data today while drinking my morning coffee. There have been a lot of price reductions notifications coming across my desk the last week or two. This has been very uncommon lately. For a very long […]
Nestled in the foothills of the Rocky Mountains and just a short train ride from Denver, lies Golden, CO. With a wide variety of entertainment options available under the famously-blue Colorado sky, this city offers an incredible assortment of benefits it’s hard to find anywhere else. Below are just a few of the reasons to […]
The longer a real estate agent does their job the more incredibly stupid and ignorant things we see. A listing agent often times does more damage for their clients than inspection items. A buyer came across a listing and the buyer’s agent looks at the listing. This home is about $200,000 less than the average […]
When is the best time to list a home? Some listing agents might tell sellers the best time to list a home is in the summertime. The reason behind this theory is that families with kids do not like to move during the school year. They want to be moved in, registered for school and […]
Some folks believe when the real estate market is hot, like it is now in the Denver Foothills, you don’t need to prepare your home for showings. They believe the buyer is stuck and needs to purchase their home no matter what condition it is in. Well many Realtors would agree with that but the good […]
[toc content=”.your-container” headers=”h2,h3,h4,h5″] Why Orson Hill Realty is proud to be smaller than some The other day I was talking to my children. They asked “why does your real estate company only have a couple agents?”. It really didn’t take me long to think of an answer but I wanted to filter it as to […]
Moving is an adjustment, whether you are moving across town or relocating across the country. Your real estate company and real estate agent are supposed to help relieve your stress not add to it. Way too often your listing broker or buyer broker make the move and real estate process more difficult that it needs […]
