If you've been thinking about buying a home but just didn't think you could compete in this current real estate market, I have some encouraging news. The market appears to be cooling a little. It feels like it is slowing down more than normal for this time of year. In the past, Denver was in the top 3 markets in the nation for lowest days on the market. Last month we dropped to 4th position in that metric - homes here are staying on the market an average of 27 days before they go Under Contract. That's still well below the national average of 49 days.
But we are still in the top 3 for the category of the least amount of homes for sale. A balanced market is considered 6 months of inventory. That means that if no other homes were to come on the market, it would take 6 months for the buyers to buy up all homes on the market. Denver's supply of homes for sale is currently at 1.6 months. That's the third lowest supply of homes in the nation.
Whenever you're ready to test the real estate waters, here’s some ways that I can help with your real estate goals:
1) Free Access to search the Denver MLS for all homes currently on the market: Denver Home Finder Service Property Search
2) Join me for a home tour - Home tours are Monday thru Saturday at 2:00 pm or 6:00 pm - choose your tour here
3) Request a specific search that sends all the homes that meet your parameters as soon as they come on the market - that way you can beat others to the best homes. Send me an email with "specific search" in the subject line and your wish list - Price range, school district, style, minimum number of bedrooms, etc. - Vickie@DreamsCanHappen.com
4) Receive a Home Loan Report –There are so many different loan programs. Do you need 20% down payment to purchase a home? Are there special programs for first time home buyers? What does CHFA mean? What's the difference between a FHA loan and a Conventional loan? Send me an email - - Vickie@DreamsCanHappen.com with "Home Loan Report" in subject field and I'll send it right over.
Also….check these out??
Denver Home Finder Service
Denver Home Seller Service