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July 17, 2007

Denver real estate in the news

The headline reads, "Home sales afloat - but flat.  An economist says Colorado is faring better than much of the U.S., where prices rose up to 102% over the past five years."

True our market is not blazing hot like many people expect, but we are selling houses, more houses than the year before.

Some neighborhoods are doing far better in sales than others.  What I see are the areas that have the outstanding schools and a reputation for being a good investment are selling within 99% of the list price.

We have  many homes on the market, the competition for sellers is tough. The sellers that do well are the ones that take the time to present their home well, price it to sell and make the home available for showings as needed.

These homeowner can expect to sell much quicker than those sellers still speculating for a higher price and not bothering to properly present their homes.

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