Fewest foreclosure filings since 2006 - just more great news for Colorado!
Monday, December 19, 2011
Saturday, December 17, 2011
While other sellers might be taking their homes off the market during the winter months thinking that there are no serious buyers out there (and that it's just too cold), sellers who keep their homes on the market during winter enjoy even more traffic, and are dealing with very serious buyers who brave the cold because they want to buy.
Here are some tips to make your home even more attractive during the winter months:
1) Turn on the lights: No one likes a dark house. Counter winter’s cloudy and short days by turning on all of the lights in a home for each showing. Also, keep the lights in the front of the house on so buyers and agents can easily navigate their way to your house, and not trip or slip on anything.
2) Have a place for shoes: You don't want buyers to bring the weather into your home. Make it easy for them to take their shoes off with a festive area rug at the front door for example. You can also have slippers or disposable booties available, along with a bench or chair, if there is room for one, where a visitor can sit and easily remove or put on their boots.
3) Cultivate a Festive Look: Appropriate decorations for Christmas time will make buyers feel at home, and give your home a cheerful, warm feel even if it is cold and dark outside. But don't go to excess.
4) Watch for odors: Homes can get stuffy in the winter, especially with pet odors. Use a room fragrance if needed, but nothing too strong, and clean a bit more during the winter months.
5) Don’t make it too toasty: Keeping the heat on too high may make buyers uncomfortable. You can keep the temperature at a comfortable 65 degrees during your showings. Potential buyers will most likely be wearing their winter coats when they tour the house so no reason to make them sweat.
6) Cookies always make people happy: If you can, leave some cookies out to give the buyers some yummy in their tummy while they are browsing your home, giving them some more good spirits!
Give me a call if you're having problems selling your home or are thinking about selling your home: 720.987.8998
Thursday, December 15, 2011
Denver Post - A sharply divided committee of the Regional Transportation District board Tuesday voted 9-5 to recommend that the full board approve a plan to redevelop Denver Union Station with restaurants at street level and a hotel on the upper floors! If the full board approves the hotel proposal Dec. 20, it will give RTD general manager Phil Washington the authority to negotiate with Union Station Alliance for the project to transform the historic building into a boutique hotel affiliated with the Oxford Hotel.
In Freddie Mac's results of its Primary Mortgage Market Survey®, the average fixed mortgage rates changing little and remaining near their historic lows helping to keep home buyer affordability high. The 30-year fixed mortgage has averaged at or below 4.00 percent for the fifth consecutive week while the 15-year fixed has hovered around 3.30 percent. Additionally, adjustable-rate mortgages ticked down slightly averaging new record lows for the second straight week.
Source: Realty Times
Tuesday, December 13, 2011
Thursday, December 8, 2011
Comparing this last November 2011 to November 2010, the Metro-Denver area is still doing well (and Tebow is doing amazing!).
Closed sales in November are actually up 15%!
Closed sales in November are actually up 15%!
- The Number of Closed Sales increased (up 15.2%, to 2,468)
- Average Days on Market decreased 8% to 99 days
- Number of Active Listings decreased 33% to 10,213
- Absorption Rate declined 39% to 4.7 months
- Average Sold Price decreased slightly, 2% (from $281,466 to $275,951)
Tim Tebow 2011 vs 2010 stats:
2010: 9 games played 41 completions 654 yards 5 touchdowns
2011: 7 games played 75 completions 1,054 yards 10 touchdowns
Tuesday, December 6, 2011
DAILY REAL ESTATE NEWS | MONDAY, DECEMBER 05, 2011
60% of real estate professionals advise their sellers to list a home during the holidays because it’s a good time to sell, according to a new survey conducted by Realtor.com.
Why are the holidays such a good time to sell? 79% of the agents surveyed said that more serious buyers come out during the holidays, and 61% say less competition from other properties make it a great time to sell. Plus, 17% of agents say the cold weather is actually a benefit, making homes feel more cozy.
But online listing photos become even more crucial during the holiday season, according to the survey. Slightly more than half of agents say that the photos are more important because sellers tend to offer less open houses around the holidays, and so the online photos help buyers decide the properties to see and which ones to possibly bypass.
The biggest hurdles sellers face during the holidays, however, are keeping a home ready to show (clean and staged) as well as winter weather conditions and buyers’ vacation schedules, the Realtor.com survey found.
Source: “Survey Data Reveals Majority of Real Estate Professionals Recommend Clients List Their Homes During the Holidays,” Realtor.com (Dec. 2, 2011)