Get some skin in the Game - or you could Lose
The 2012 housing market in Denver ended showing a strong real estate market which quickly turned from a buyer’s market early on to a seller’s market from spring through today.
Like many markets across the Country, if you are planning to buy right now, interest rates are at historical lows, inventory is lower than I can remember and we are seeing double digit increases in home values in many areas.
Come prepared -
be pre-approved
know your numbers
whether or not you will be contingent or not
be prepared to make your best offer on the initial offer
This morning I showed a property that came on the market Saturday morning, they had 17 showings and 5 offers by 7 pm last night. This was in a $500,000 price point! The agent called to say the showings would be cut off by 10 am this morning, and all offers needed to be in by a certain time to be reviewed.
The 90’s are back strong as ever!
Buyers - get some skin in the game, make your best offer. After it goes under contract, it is too late!
Sellers - if you have thought about putting your home on the market, it is truly time to do so!
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