Psychology of buying graphWhere do you think we currently fall on this graph?

Somewhere between Panic and Depression?  Inching toward Hope judging from Denver real estate’s showing activity in the past 14 days?

Too many buyers will wait until we pass Hope and head into Optimism.  That may be the right time to move homes, but it won’t be the time for maximum return on investment.

Homeowners should remember that their primary residence is first and foremost a place to live, raise the family, make memories.  Second - it is an investment.  Investors looking for rentals, or an extremely well-calculated fix and flip, this appears to be the time of maximum value to make that purchase.

There is too much mattress money out there waiting on the sidelines.  Loans are available, and homes are plentiful.  Get off the fence, don’t be paralyzed by Depression.

Check out this post and others at LifeStyle Denver.

 

2 Comments on Is Now a Good Time to Buy Denver Real Estate?

JAN
30
553,352 Points 10 Featured Posts Outside Blog

I love your graphic, Gretchen. That's great!

9:31pm • #1
FEB
03
157,850 Points Localism Sponsor Outside Blog

Gretchen - Love the graph.  I think the majority of people are stuck in the depression stage.

8:56pm • #2

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Gretchen Faber ~ LifeStyleDenver

Denver, CO

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The Kentwood Company at Cherry Creek

Address: The Kentwood Company at Cherry Creek, 44 Cook Street #900, Denver, CO, 80206

Office Phone: (303) 336-0325

Cell Phone: (303) 810-7388

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