Denver buyers now have more time to find the right home and more leverage to ask for concessions (money towards closing costs)—even submit an offer below asking. In fact, homes closed for an average of 99.4% of their asking price last month compared to 102.5% in August 2021.
Put together your emergency kit, starting with FEMA’s checklist of basic supplies. This includes items needed for basic survival such as food, water, warmth, clean air, and necessary medications/medical equipment. You should be ready to be completely on your own for days, even weeks.
The real estate market across Boulder county continues to shift as days on the market increased to 31 and the average price decreased to $1,006,954 for single-family homes. We're even seeing that homes are going for 99.6% of their asking price instead of well over the 100% mark which became normal for quite a bit of time. With rising interest rates, sellers now need to be smart about their pricing strategy.
You’ve likely heard the saying, don’t put all your eggs in one basket. Doing so puts you at risk of losing everything all at once. That’s the basic premise behind diversification which is applicable to all types of investments, including real estate.
Denver's real estate market continues to offer a greater balance between buyers and sellers. Month-over-month, the average price for all residential properties dropped by 3.3%. Also, on average, homes are closing for just over asking at 100.8% as bidding wars are now few and far between.
Whether featured as a DIY project on your favorite home reno show or posted by someone you follow on social media, gallery walls are incredibly popular. But it can be a bit intimidating to get started. What should you include? How do you hang a gallery wall just right? Here, we'll answer your questions and provide tips to keep you cool and your walls perfectly collected.
In response to rising interest rates and other economic factors, the Boulder real estate market continues to shift and return to a more normal and sustainable pace. Properties with smart, yet conservative pricing strategies are still selling at a healthy rate. And buyers now have more choices, as well as time to think through their options and select the right home investment.
