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Denver & Littleton Real Estate Start 2021 At Full Throttle

by John Basila

Believe it!  Denver & Littleton Real Estate are starting 2021 at Full Throttle!!

With Interest Rates still hovering around their Lowest Levels Ever, the market is flooded with Buyers who want to lock in a great rate on their Dream Home.

In the Denver Metro, January had significantly more Closings than we did a year ago.

At the same time, we're seeing a 30%+ Decline in Active Listings, compared to a year ago.  We have a lot of demand for properties, with fewer opportunities for Buyers to "Win".

 

 

As a result of the Demand, and consequent Bidding Wars, Sellers are reaping huge paydays on the sale of their properties.

 

 

And, with limited Inventory, most Listings are seeing almost DOUBLE the number of Showings that we normally have.

Littleton Real Estate is also facing a shortage of available Listings.  At the moment, we only have about One-Third as many available properties as we did a year ago.  This led to an Average Closed Price increase of almost 12% in January - with the number of sales comparable to a year ago.

 

If you've been "Sitting on the Fence" wondering when a good time to sell your house would be, Now Is The Time!! 

Beware the "Quick Cash" Companies that won't List your house on the market.  Any Realtor® worth their salt will get your property in front of as many people as possible, generate tons of showings and present you with, hopefully, multiple offers.  Why settle for "Market Value" if the competitive market is willing to pay you MORE ???

If you'd like to discuss your property and how we'd get it sold for the best terms and price, call Littleton Realtor® John Basila at (303)589-9034 or email columbinerealtor@gmail.com

 

 

You've probably heard it a lot throughout the last year - Denver Real Estate & Littleton Real Estate are in a strong Seller's Market, there's a limited inventory of homes for sale, prices for real estate are growing by leaps and bounds...

Denver Real Estate has been listed multiple times over the past year as a top market for price appreciation and speed of sale.  Did you know Littleton Real Estate slightly outperformed Denver Real Estate in 2015?

Littleton Real Estate prices for Single Family Residences (detached) grew by over 12% in 2015!!  The Median Value of Littleton homes sold was up to $371,000, slightly above Denver's Median Price of $342,500.

Littleton Real Estate continued to remain strong in 2015, with sales of Single Family Residences (detached) comparable to the past few years.

In a strong Seller's Market, you expect properties to sell quickly.  Littleton Real Estate was in such high demand in 2015, that properties lasted less than a week before they went "Under Contract".  Littleton Real Estate's 6 Days was slightly faster than Denver Real Estate's 8 Days.  We've developed a number of strategies that helped our Buyers & Sellers succeed in this frenzied market!

Littleton Real Estate continues to be strong, and we're still faced with a limited inventory of homes for sale.  If you're considering Selling Your House, please visit denverhomereport1.com for a complimentary Property Evaluation.  You can also email or phone us for your customized report.

Denver Home Sales Remain Strong Through 2015

by John Basila

The Denver Real Estate Market continued to thrive during 2015.  Every few weeks last year, we'd see a story about how Denver was among the top markets in the nation for home sales, appreciation and speed of sales.

Denver Home Sales were stable in 2015, with 42,849 Single Family Residences (Detached) sold.

The Denver Real Estate Market continued to be a Strong Seller's Market in 2015.  Properties were literally flying off the shelves!!  Our "Days On Market" averaged 8 Days!!

Demand for Single Family Residences has been huge, and with our continued problem of Limited Inventory, prices grew by another 12.6%.

If you've been thinking of Selling Your House in Denver, now is the time to do it!!  Most of the pundits believe that our continued rate of price appreciation cannot be sustained, and that growth in 2016 will slow to the single digits.

If you'd like a complimentary Market Evaluation on your house, please visit denverhomereport1.com, or contact us via email or phone.

Denver Real Estate Market Needs Sellers!

by John Basila

Imagine making a trip to the local grocery store and finding four out of ten aisles blocked off & empty.  What are the odds that you'll find what you're looking for?

The Denver Real Estate Market is in a very similar situation.  The number of available homes for sale is down 39% from last January.  The Denver Real Estate Market Needs Sellers!

There are a significant number of Buyers that are ready, willing and able to purchase a home in Denver, but the limited inventory of homes has created a competitive and Seller-Friendly market.  When a decent home comes on the market at a fair price, it's being sold in a matter of days!  

If you or someone you know has been "on the fence" and waiting for the market to improve, now is the time to act!  The Denver Real Estate Market Needs Sellers!  With limited inventory, you're more likely to get top dollar for your home.  Waiting until Spring to list your home will bring a lot more competition for Buyers.

The Denver Real Estate Market Needs Sellers!  For a complimentary Market Analysis of your home's value, contact John Basila (303)589-9034.  You can also visit www.denverhomereport1.com to get your free report.

Choosing to put your home on the market now will help you take advantage of favorable market conditions in the Denver Real Estate Market.

 

Motivated Denver Home Buyers Are Here!

by John Basila

It's been an exciting few weeks, and things are looking even brighter.  Motivated Denver Home Buyers Are Here!

This week, believe it or not, the 30-Year Fixed Mortgage Rate jumped above 5%...  This is still a great rate, historically speaking, but it's also a strong indication of things to come.  Many analysts didn't expect to be above 5% until 2011.  Since there's still time to get in on historically low interest rates, a lot of my Buyers that have been on the sidelines are getting motivated.

If you're a Seller, you can likely expect a lot more action in the next month or two as compared to the typical Dec-Jan-Feb activity.  With less competition during this time of year and improving prices, this might be a great time to sell your home and still be able to get a great deal on your next home, while taking advantage of the low interest rates!  Who knows where interest rates will be in April?

Motivated Denver Home Buyers are here to take advantage of the opportunity to get the best value on their next home and lock-in their interest rates at the best level they can.  If you or someone you know have been waiting for the "bottom" of the market, I believe that time has passed.  But you still have time to get into the market well below its former peak.

Are you a Motivated Denver Home Buyer?  Contact Denver/Littleton Realtor John Basila for a complimentary consultation on the best ways to achieve your real estate goals for the coming year.

 

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Contact Information

John Basila
A Denver Home
P.O. Box 620222
Littleton CO 80162
Cell: 303-589-9034

CO EI License # 028420