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Did Someone Flip a Switch on Home Sales in Henderson, Colorado?

By
Real Estate Agent with Henderson, Thornton, Broomfield and Westminster 100026886

I've been asking myself over the past couple of months if there is a master switch on Real Estate that I didn't know about....

Smiley face light switch

Ever the rah-rah type, you may have noticed my annoying optimism over the past several months.  I've even done several posts about how I truly thought the economy was improving, much to the irritation of several of my fellow Rainers (For example, see "5 Grass Roots Signs the Economy is Improving...")

 

But over the past 3 months, my head has been spinning!  In Belle Creek alone, prices for homes under 1600 square feet have gone up over 15% when compared to a year ago.  Even more exciting, the days on market have plunged to an average of 15.

 

What gives?  This Realtor is happy to see the marked upturn.  While it is a little frustrating for those buyers who are still convinced it's a buyers market (by the way, that magazine article you read at the doctor's office about it being such a cheap buyer's market?  It's about 2 years old.  Just saying.), realistic buyers are now getting beautiful properties at fair prices because "regular" sellers are jumping back in.

And "regular" sellers are seeing multiple offers within a very short time after listing their homes.  

Well, I'm off to sign a listing contract.  That makes 3 this week alone.  Be on the lookout- these beauties will be going active over the next month or two, so you'll be seeing them soon!

Comments (11)

David Shamansky
US Mortgages - David Shamansky - Highlands Ranch, CO
Creative, Aggressive & 560 FICO - OK, Colorado Mtg

Now thats what I LIKE to hear!!!

Properties rising, people buying, activity gaining momentum and all of the activity that surrounds itself from that.

Keep working hard and dont forget to reach out for assistance if you need any

Apr 29, 2012 01:51 AM
Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Jennifer - It's the same story up north here, with most, but not all, of the action in the affordable/young family range. And I don't think it's all low inventory, although that is certainly setting the tone for now.

 

Apr 29, 2012 01:53 AM
Jennifer Prestwich
Henderson, Thornton, Broomfield and Westminster - Henderson, CO
Madison & Co Properties

Thanks, David!  It is pretty crazy- in a GREAT way.  I hope you are seeing a lot more activity on your end, too!

Apr 29, 2012 01:54 AM
Jennifer Prestwich
Henderson, Thornton, Broomfield and Westminster - Henderson, CO
Madison & Co Properties

Dick- down here we are seeing a fair amount of "regular" folk moving as well.  I'm seeing more people who are choosing to sell just because they want to, rather than because they "have to".  It's nice to see some "normalcy"! 

Apr 29, 2012 02:03 AM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Hi Jennifer....can't wait to see your new listings and I'm very happy to see YOU again..... glad you're busy....get it while it's here....may not last forever....this year will be fine since it's an election year.... everyone's on their best behavior.... the extreme behavior will come after the election....ma

Apr 29, 2012 02:54 AM
Li Read
Sea to Sky Premier Properties (Salt Spring) - Salt Spring Island, BC
Caring expertise...knowledge for you!

Good news, all over...in the entry level priced properties, big sales volume uptick.   Year seven of a seven to ten year cycle??

Apr 29, 2012 02:59 AM
Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

Hi Jennifer it's nice to see you!  You've been so busy which is fabulous!!  The same has been happening here in Phoenix. No rest for any of us and aren't we loving it.

Apr 29, 2012 04:05 AM
Donna Foerster
HomeSmart Realty Group - Parker, CO
Metro Denver Real Estate Assistant

Hi Jennifer~ I've missed seeing your face in the Rain!  Good to see you today!  With inventory so low, the market is definitely shifting.  We're seeing it here in the Metro area too.  We are doing our best to encourage sellers to list.  Now is the time to do it!

Apr 29, 2012 07:43 AM
Jennifer Prestwich
Henderson, Thornton, Broomfield and Westminster - Henderson, CO
Madison & Co Properties

Ma, thanks so much for your encouragement!  I am hoping people "behave" this year.. :)

 

Apr 30, 2012 12:45 AM
Jennifer Prestwich
Henderson, Thornton, Broomfield and Westminster - Henderson, CO
Madison & Co Properties

Li- I don't know... but it sure is nice to see things trending upward.  Entry level is booming in the Dnever metro area, and we are starting to see it trickle UP.  That's good for all of us!

Banana- GOOD!  So glad to hear that Phoenix is seeing the same kind of upward activity level.  You guys got hit pretty hard.  I am trying to find some balance between my online and off-line marketing and activities... 

Donna-  You got that right!  It is pretty incredible and exciting to see multiple offers coming in on properties, isn't it?

Apr 30, 2012 12:50 AM
Donna Foerster
HomeSmart Realty Group - Parker, CO
Metro Denver Real Estate Assistant

Jennifer~ The market changes so quickly and it can also be significantly.  It's important that if you are considering buying OR selling that you get connected with a market expert that can guide you through the change!

May 03, 2012 04:12 AM