Home appreciation in many Denver
area communities have been skyrocketing the past seven + years as severe
inventory shortages were being driven by extremely high buyer demand due to
historically low mortgage interest rates. Combined, they pushed housing
prices upwards in unimaginable ways! At one point during the frenzy between
2020-2022 ("the Covid years") it was common for listings to sell $10,000 to
$400,000 over the list price (...no that's not a typo) and buyers had to be
extremely aggressive with their contract terms with offering things such as
"appraisal gaps", limited inspections or even waiving them (really bad
idea), appraisal waivers, non-refundable earnest money, ultra-fast closings
between 14-21 days and offering sellers the flexibility to remain in the
home post-closing (rent-free) up to 60-days. It was truly unprecedented.
Let's have coffee and I'll share more about Denver's fast-changing
market so you're prepared with all the right tools.
Entering spring 2025, consumers are wondering if this is
a seller's market or a buyer's market? My answer is YES to both! Much of
what's currently happening is a combination of several dynamic factors so
consequently there's no way to answer this question without first knowing
what your housing goals and objectives are. It's a complicated real estate
market and more than ever you need someone to protect your interests. REMAX
Alliance offers full-service brokerage options designed
to help sellers maximize the equity in their property. We
help sellers throughout the Denver metro area including including Arvada, Aurora, Boulder, Brighton, Broomfield, Castle
Rock, Denver, Golden, Highlands
Ranch, Lakewood, Littleton, Parker, Thornton, Westminster, Adams
County, Arapahoe
County, Denver
County, Douglas
County & Jefferson
County. If you're interested in having a candid conversation to learn
more about how this ever-changing market impacts your ability to sell, give
us a call at 303/520.3179.