What Are You Waiting For?
Well, what exactly are you waiting for?
If you’ve been paying any attention to real estate these days, you’ve seen the For Sale sign go up one day, and the Sold sign go up shortly thereafter. Maybe you’ve called off of a sign about a house, only to find that there are already several offers already submitted. Maybe you’ve visited the websites of Trulia or Zillow only to find that by the time the listing finally meanders its way to one of their servers, it’s already under contract.
The demand for residential property in Northwest Denver has risen markedly in the last year. The number of transactions has risen almost 17% in these last 12 months versus the previous 12 months. The average sold price for a home in the last 12 months is up 7.6% over the previous 12 months to $293,565, which is up almost 11% over 2 years ago. The average selling price this past April was $301,099 with an average of 67 days in market; down from the previous April’s 94 days. Source: Metrolist
If you are a Buyer in the market today, you cannot rely wholly on electronic means to find an available home. A real estate Broker, and most especially a Realtor, is your best integration into the market for real time information and avoidance of costly mistakes that can add up to tens of thousands of dollars for you down the road.
Your Broker, however, must be deeply connected to the neighborhoods that they serve. They have the best chance of having the inside scoop on what’s coming to market, and when. Real Estate is a business of relationships, and there is only a small community of Brokers who actively serve the neighborhoods of Northwest Denver on a consistent basis. Twenty-one of the most knowledgeable and most active Brokers in the area hang their license at Nostalgic Homes, and we’ve been serving you since 1985.
If you are a Seller, the same applies to you; neighborhood expertise is the key. Although more homes are selling now than before, there are still many that don’t sell. Preparedness and correct pricing are still the essential components of the sale, and no one understands this better than the neighborhood expert. Any area brokerage firm has access to the same inventory of homes, but how they market the home and represent their Seller is where the difference lies. You hire a Broker to maximize your dollar, and accomplish that in the shortest amount of time. Nostalgic Homes remains the leader in our niche to the tune of tens of thousands of additional dollars on average per transaction.
This is the state of the current real estate world we live in; home prices and interest rates are at their bottom, and purchase financing is readily available. Even a market nay-sayer is compelled to think twice. Right now, all around you, the smart first-time Buyer is entering the market, while the savvy Seller is moving up to their next house.
So, really. What are you waiting for?
Let Nostalgic Homes be the champion of your next real estate transaction. Call, click, or stop in to meet with one of our neighborhood experts today!
-by Corey Wadley, Co-Owner, Nostalgic Homes