Knowing What Kind of Denver Home You Want

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What do you want in real estate? Why does it matter? How are you going to get it as it pertains to purchasing a property here in Denver? I want to help you find a clear on answering these three questions.

What I've found that was really helpful in the past for clients, especially when there is a spouse or a couple buying a property, is to write down the top 10 items you want in that property. For example, you may want a very short commute, or to live in a particular neighborhood, or love a particular style of property, or need a certain amount of bedrooms, or want a fixer-upper, or need instant equity.

There are a ton of different things you can cite, but the purpose here is to get clear. The reason why getting clear, initially, is so important is that it can save you a ton of time on the back end. If you know what you want, you won’t have as many houses to look at.

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Writing a list of what you want in a property can save a lot of time.

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This can be applied to any aspect of your life: your spirituality, the relationship you want to have with your spouse, your kids, your business, etc. Getting clear on what you want, asking yourself why that matters to you, and determining how you’re going to make that happen is going to save you a lot of time and bridge a gap for you so you can get results faster.

I hope that was helpful. Please feel free to email, text, or call me with any questions you have regarding real estate. Talk to you soon!

A Market Trend We’ve Been Noticing in Denver

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There is something going on in the Denver real estate market that has been happening like clockwork over the last few years. The average showings per active listing are steadily declining right around the same time each year, at the end of June. Why is this helpful information to know? Well, if you’re looking to buy, it means after this time you’ll have less competition from other buyers.

As you can see in the graphs in the video above, a pattern has started to emerge. We started strong with the number of showings at the beginning of each of the last three years. Once we get to late June, however, the numbers drop significantly.

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Average showings are dying off at the end of June.

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As for this year, you can see that we have had a huge dropoff in the past month of showings per active listing. The moral of the story here is that we haven’t shifted from a seller’s market to a buyer’s market, but the inventory has loosened up a bit. Like many things in life, if you can avoid moving in a herd mentality, it will usually serve you best.

If you have any questions for us, don’t hesitate to give me a call or send me an email. I look forward to hearing from you!