Join us as we take a quick look back before moving into what’s to come in 2022. Throughout the year, we experienced incredibly fast turn-around times from market to sold status. In fact, on average, over 80% of homes were selling in less than 30 days. Starter homes became as much a challenge to find as getting an offer to purchase accepted was! Buyers wrote love letters to accompany their purchase offers, offered higher price levels, hoping to sway sellers to accept their bid over the competition.
Will Housing Inventory Increase in 2022?
If you’ve been following the real estate market, you probably know that it has been many months since buyers and sellers enjoyed anything like business as usual, with record-low interest rates and inventory in markets both large and small. But now we may be able to envision a return to a real estate market that’s a little more like normal.
December Residential Market Report
Ho Ho Ho Housing is on our minds this holiday season, and the number 1 priority on people’s Wish List right now is the desire to have MORE SPACE!
For a lot of us, it's still hard to believe summer is over and the clocks have already rolled back. But it is December and the holiday season is well underway. Seeking to fulfill that hope of more living space in the Colorado front range this November 6069 people were thankful to purchase and close the sale on their new home from among the 4381 being offered. Crossing this one BIG ITEM off their To-Do list took place with an average 23 Days on Market. If you want to call the Colorado front range your home, don’t waste any time. Contact your local RE/MAX Alliance office and get started by checking out some of the homes available for sale with one of our leading Broker Associates right away!
The Benefits of Accepting a Cash Offer
Staging Tips: Eliminating Unwanted Odors from Your Home
When selling your home, you’ll put in a lot of time and effort into making it attractive to potential buyers. From painting the walls to decluttering, your goal is to make your house more visually appealing. However, it’s important not to neglect another one of your senses: smell.
The smell of your home can impact how a buyer perceives it. Follow these steps to help prospective buyers smell the sweet scent of home during showings and open houses.
Buying and Selling in the Summer Season
In most markets, the Spring season is the most important time of year for buying or selling a home. However, with stay-at-home orders imposed in many markets by mid-March, some new listings never saw the light of day. In addition, tightening in the mortgage markets and job uncertainty discouraged many buyers from looking for a new home this year.
How to Choose the Ideal Home Location
Is Now the Time to Sell Your Home?
After initial COVID-related disruptions to the real estate market in March 2020, real estate was declared an essential service. Subsequently, virtual transaction and marketing processes made it possible for buyers and sellers to move forward with home sales. What followed was one of the most active real estate markets in recent memory, with buyer demand far outstripping the availability of listings in markets all over North America.
What Buyers and Sellers Can Expect from the Spring 2021 Market
In 2020, just as the spring market was heating up, it was unceremoniously brought to a standstill by the shutdowns and precautions associated with the COVID-19 pandemic. Since then, both buyers and sellers have seen a host of ups and downs that added up to one of the most active, and in some ways frustrating, real estate markets on record.
How to Make Your Spring Listing Stand Out
Spring is an ideal time to sell a home. It’s a well-known fact that both the number of buyers and inventory increase during the months of April, May, and June. This often means that your house could be paired against stiff competition. Here are some simple real estate tips to help your spring listing stand out!