Danny Skelly - Real Estate
Danny Skelly - Real Estate
Mar 10, 2019
More Homes For Sale Across Denver and the Denver Foothills we are finally starting to see more homes for sale than last time this year. Inventory is starting to like the spring selling spree may give buyers more options to find their perfect home. This is great news for everyone. This is a sign of a healthy market. When a real estate market sees buying like we have for the last couple years it is sometimes hard to find true value of home. The more transactions we have that validate sharply rising prices the more we know the market is truly finding value in the homes. It wasn’t just an emotional or knee jerk run up of the housing values. More Homes is Good for Everyone When we see more homes for sale in a given market, and them selling, it shows there is still demand for an area like Evergreen, Golden, Morrison and Denver have seen. When more homes sell it also makes it certain that a good priced home is going to appraise. Appraisals are not really something we had a problem with the last few years but there have been a few homes that have not hit their mark. It proves to lenders that the home they are investing in will most likely hold (or gain) value in the coming years. Let’s face it, lenders are not in the habit of lending money on properties they think are worth less than the sale price. Is There a Shift in the Buyer/Seller Control? When you are buying or selling your next home you need to understand who has control of the market. In a perfect world buyer......
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