Have you tried to sell your home in the past 2-5 years without success? If you had your home on the market more than 12 months ago and were told by buyers and agent feedback, that "the home was lovely, but my buyers prefer a better location" or "everything is perfect except for that street behind the house" or perhaps, "nicest home I have shown, too bad the power lines are visible from the back yard".
Well, if you live in one of those tough to sell homes, but really do have a nice home, now could be the best time in years to sell. The simple reason "supply and demand". Right now in the Denver market there are fewer homes available than have been in the past 20 years, and there are more than twice as many people living here. (Does anybody remember the long gas lines at the pump>>>>>>, this is what it is like for buyers right now)
6753 homes are currently listed in the greater Denver area, compare that with a typical market of around 22,000 homes available, it is no wonder we are hearing multiple offers on nearly every listing, there just are not enough homes to go around. If you tried to sell your home when the market was saturated with homes, and this did happen over the past 2-5 years, then you might want to speak to a real estate professional about the reality in this new market we find ourselves in.
I have heard several homeowners say, "I have been hearing that it is a sellers market, but I would also have to find another place to buy, and right now that seems very difficult" My thought is, if you have one of those more difficult homes to sell, then Just Do It, you might just get top dollar for your home, and then you can either offer a rent back or possibly just move out and rent until you find that perfect home. One suggestion I would have is to look into new construction, Sell your home, put your stuff into storage, buy a new build and have the home of your dreams without having to settle for just another house. A double move can be much less stressful knowing that you are finally going to be able to move that tough to sell property without giving it away.
So all of you Sellers that have heard "location was the reason your home did not sell" feedback from previous listing attempts, you might find you can throw that right out the window, because there just is not any competition and buyers are begging for anything they can get their hands on. Give your favorite agent a call, or if you can't reach them call me and I will find a capable agent for you.
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