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For Home Sellers

53% of Denver area sellers have cut their home prices. Why it may not be enough.

More than half of the homes currently for sale in Metro Denver are asking less than they did when they first hit the market. On a median-priced Metro Denver home, that relatively small change added about $47 a month to a buyer’s payment. Sellers need to understand what it takes to offset even that small rise in monthly payments.

53% of Denver area sellers have cut their home prices. Why it may not be enough. Read More »

There are more homes on the market. Does that mean there’s more competition among buyers, or less? It depends.

There are 2,202 homes for sale in Jefferson County alone. After years of buyers fighting over a thin handful of listings, that kind of selection feels like a different market entirely. But selection and competition aren’t the same thing, and for anyone shopping Jeffco – or anywhere in Metro Denver this summer – it’s important to understand whether the homes you’re looking at are part of the market that’s competitive, or the part that’s not.

There are more homes on the market. Does that mean there’s more competition among buyers, or less? It depends. Read More »