When's the Best Time of Year to Sell Your Home?
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Did you know that January and February are the biggest months for corporate relocation? What does that mean for real estate? That means selling your home in the fall and winter, might not be such a bad deal.
If you think about relocation people, they need to find a home fast, and they really have a small window to do that before they have to be settled and working at their job. And certainly, there are fewer buyers but those buyers that are out there looking in those months, are actually more serious [buyers].
This can be really beneficial to someone who maybe has a home that has a funky layout or there's just something a little bit unusual about it. Instead of your home being buried behind all the other listings that are popping up in the springtime, your home can be put front and center, and actually get more attention.
Another interesting fact is that a majority of babies are actually born in September. So what happens is you have an influx of families looking to move up and get into a bigger home in that January, February time frame.
The other thing that happens in January, is people want to start the year off fresh. They want a new home, they want a new job, they want to go to the gym for the first time, they want to start a diet. All of those things happen and kick-off in January, even though you can do them all year round.
The point of all of this is that there's no one best time of year to sell your home. The right time for you is going to be when you can build wealth, and/or improve your lifestyle. There's always an opportunity to attract the right buyer to your home. Thanks for listening. I'm your Realtor, Milena Joy. I know changing where you live, can change how you live.
Would you pay $750,000 for this home? Never mind. In the time it just took you to think about that, this home already has 30 showings, 15 offers, and is under contract at $50,000 over asking, with no inspection and an appraisal waiver.
When it comes to Denver metro real estate it looks like April showers really do bring May flowers. While we were all forced to stay inside our homes, we were unable to do showings during most of April. Yet we still managed to weather the storm putting more than 3,000 homes under contract and listing over 45 properties in the month of April.
I hope everyone’s had a great start to the New Year. I can tell you I’m beyond excited for the year ahead, especially when it comes to real estate. So here’s my vision and what you need to know if you’re thinking about buying and or selling in 2020.
Want to know who just had the best month in real estate? Well, I'm going to tell you anyway. Buyers. Buyers are having the best month in real estate and it's not because it's a buyer's market, in fact, it's still very much a seller's market here in Denver Metro.
If I could describe the real estate market in two words, I would say "Positive Balance". We've seen a positive increase in inventory, which is up 38% over May 2018. This is giving Buyers more choices, more negotiating power, and ultimately more time.
If you're still in shock over your 2019 property tax assessment, don't worry, you're not alone. Single family residential property in Denver increased by a median of 20% with affordable neighborhoods like Villa Park increasing 43% and Globeville jumping 53% along with numerous reports of individual homeowners seeing increases of more than 70%!
For this month's market trends report, I wanna focus on what the numbers are NOT telling us, because in real estate there are a lot of statistics and depending on the context that you put those statistics in it can really alter your perception of the market.
For this month's market trends report, I wanna focus on what the numbers are NOT telling us, because in real estate there are a lot of statistics and depending on the context that you put those statistics in it can really alter your perception of the market.
What does corporate relocation and babies have to do with selling your house? Find out the best time of year to sell your home. My answer might surprise you…
Have you felt the shift or seen the "chilling" headlines? Find out what's really happening in this quick 3-minute market update!
They say that home is where the heart is, but there can come a time when a home stops giving us those butterflies we once had, and we admittedly find ourselves scrolling through Pinterest and Houzz, fantasizing about other homes. So, do you work to rekindle the love for your home and remodel it? Or do you just give it the it's not you, it's me and List it?
Have you heard that sellers are making drastic price reductions in order to get their home to sell in this market? Or maybe you've heard that homes are selling in just a few days, often times receiving multiple offers?
Did you know that by the time the average American reaches 65 years of age, 83% of their personal wealth will come from their home equity? Wait, what? Yep, you heard me right. 83% of your personal wealth will come from your home equity. That means managing the equity that you have in your home and looking for ways to maximize that equity will be imperative to increasing your overall net worth and ensuring you have the money you need for retirement. So how do you maximize your equity?
Unless you've been living under a rock, inside a cave near the center of the earth, you know that the real estate market here in Denver, Colorado is hot, hot, hot. But what you may not know is that most recent home sale reports show a slight cooling off with the average single family home price decreasing by 2.75% from last month to just under $484,000.
Buying a new construction home versus a resale home can be quite appealing. It's never been lived in so you don't have to worry about those mysterious stains on the carpet or when that old furnace might stop working. And while there are certainly a lot of benefits to buying new construction, the sales process can be quite different from your typical resale transaction.


Would you pay $750,000 for this home? Never mind. In the time it just took you to think about that, this home already has 30 showings, 15 offers, and is under contract at $50,000 over asking, with no inspection and an appraisal waiver.