Denver Real Estate News – November 2024
End-of-Year Opportunities for Savvy Buyers With election results now in and the holiday season quickly approaching, the Denver real estate market is seeing a shift in dynamics that both buyers and sellers should consider. As Thanksgiving and Christmas draw near, activity tends to slow, which has created even more of a “buyer opportunity market.” While it’s not an official buyer’s market, current conditions certainly feel like one, with buyers now enjoying increased leverage. This seasonal slowdown, combined with election-related distractions, has put buyers in the driver’s seat. Sellers are more open to concessions on price, repairs, and
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New Era Ranked #1 in Colorado and #40 Nationally
Great news! We have been recognized as the number one producing team in Colorado again by REAL Trends in both categories of sales volume and transaction sides. This award is a credit to our hard-working agents who consistently get it done for their clients. This was also a banner year as nationally, we ranked 40th in sales volume and 43rd overall in transaction sides. This prestigious national ranking, conducted annually by REAL Trends, puts New Era Group in the top one percent of the more than 1.4 million REALTORS® nationwide. Consistent Results for Our Clients A big thank you also
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New Records Broken in Denver Real Estate Market
These are very special times in the metro Denver real estate market. Home prices are up, rents are up, inventories of homes both for sale and rent are low and our future outlook continues to look great. We talk about some aspect of real estate every month in this Newsletter but sometimes I think it can be hard to realize just how terrific our real estate market is without taking a step back and looking at the big picture. A great way to do this is to check out the recent press headlines and review the real estate news
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First Impressions at the Front Door
Springtime in Denver The flowers are waking up, the grass is turning green, the trees are budding, and the muddy shoes are multiplying by the front door, the living room, and any place that once was clean. Ordinarily, this is just a minor inconvenience and warrants only a mid-level “stink-eye” towards the offending party, but when you’re trying to sell your house and people are on the way over, the last thing you want to find is huge muddy mess on the floor. It’s Colorado and we live here because of the beautiful scenery and ability to get outdoors all
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Spoiler Alert: We know who Santa is!
The holidays are descending upon us quickly and already the streets are lit up with multi-color displays, inflatable snowmen, and decorations of all shapes and sizes. Every day more vehicles drive by sporting an evergreen tree and smiling families. This season we decided to spend a little time contemplating one of history’s oldest mysteries, the identity of Santa Claus. Why Do We Want to Know? Admittedly, we’re just curious. Aren’t you? From our childhood we have been chasing this ever elusive fellow who by all accounts is a huge person, yet can still fit down modern day chimney pipes, without
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Selling Your Home – Pricing, Condition, and Location
How sellers prepare to sell their home really does make a big difference in terms of what they net on the sale. Here are a few tips to maximize their overall return. Over-pricing a home is a great way to ultimately lose money on the sale. Over-pricing results in longer days on market and fails to put the home in front of the largest population of buyers looking in one’s ultimate specific price range. According to research done by our IRES Multi Listing Service, over-pricing results in a final lower price than if the property were priced at market value
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What’s That Smell?
When I was in college I lived in a house with five other guys. We had one standard rule that was intended for the safety and comfort of us all. If you had not showered, you were required to wear a hat as a public service announcement to the residents of the home. I have to admit this was a very effective means of communication and allowed us to avoid or accept our roommate’s current status. While this worked great for a bunch of college kids, when you are showing your house to prospective buyers, wearing a hat or attempting
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Our Search Feature Now Outperforms the Rest
The Denver MLS/Matrix just announced this week that they will not be feeding listings to Zillow and Trulia. This development separates our Search feature from the “big ones” as not only the fastest but also the most inclusive of listings in the greater Denver metro area. Learn more here…
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Spring Forward on Home Improvement Projects
The clocks have moved forward by an hour, you get to start enjoying one more hour of Rocky Mountain daylight in the evenings and your sights are set on sunny spring break destinations. But before the last of the Colorado March snow melts away and you jet set to your favorite spring break beach at the end of the month, it’s time to spring forward with planning your home remodeling and improvement projects. If the recent snowstorms are leaving you feeling unmotivated and unable to focus on marching forward with your home’s spring projects, take a look at the recent
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