Supply and Demand in the Real Estate market is looking quite positive for us here in Denver, Colorado. Buyers' demand for housing is higher than the number of homes on the market. With major signs that the job market is climbing, the increase in the real estate market is showing a positive outlook for Denver.
The increase in the market started January 1, 2012 and continued through February. Metro Denver's housing continues to show great strides in recovery, as unsold homes are almost non-existent and the demand is high. This is also an excellent time for sellers to get their homes on the market quickly.
Houses priced below $250,000 have risen over the last 12 months with multiple offers on these homes. Homes and Condos, under contract, have increased versus where the market was 12 months ago. The average sale of homes in February, 2012 were selling faster than last year at that time.
The demand for affordable single family homes has continued to rise over the past three months with no sign of slowing down. Developers in Denver are working to increase the supply of homes to help fill the gap.
For people looking to sell their homes, there are certain guidelines that should be considered. As the market is competitive, so are the demands of the buyer. To get a jump on moving their homes relatively quickly, sellers need to present their homes in the very best light that they can. That said, plenty of our sellers have recently found themselves in positions of being able to choose which buyer they want to proceed with!
Your home should be appealing to potential buyers. Throw out old stuff and clutter, make sure walls, fixtures and carpets and clean. It might be worth the seller's time to either paint or have a professional paint walls, if they are in need. It will up the value of their home.
As expert Denver realtors, ReRev are suggesting that sellers get an inspection done on their home, as this will give the seller a good indication of areas that stand out to potential buyers.
A home's yard should look clean and appealing. Mowing, hedging and cleaning up all clutter is in order.
As all realtors will tell home owners, staging a home is imperative in catching a potential buyer's eye. Lighting should be staged to show the highlights of the home. Moving furniture around or removing it altogether can give the buyer a positive impression.
In a nutshell, sellers stand a better chance at getting their homes sold if they put a little effort in sprucing up their homes and staging in a positive way.
The good news is, Denver is showing very positive signs of growth in the real estate market, as well as the job market. Unlike other areas of the country, Denver is showing excellent growth and opportunity. Affordable homes that appear on the market are selling very quickly! This is great news for both sellers and buyers.
If you're looking to buy a home in Denver, or sell a home in Denver, ReRevolution has it covered. Get in touch with our highly respected, experienced team at 303 417-6350 or visit our contact page.








