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Front Range Real Estate Market Update, November 30, 2023
Mortgage rates hit a nearly 3-month low. That’s good news for buyers and sellers, but what’s in store for 2024?
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Selling a Home
Front Range Real Estate Market Update, October 19, 2023
Yesterday, the national average interest rate for a 30-year fixed mortgage hit 8% for the first time since 2000. Find out how this is having an effect on our market.
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Front Range Real Estate Market Update, September 30, 2021
If you’ve bought or sold a home, you know all about comparable properties; often just called “comps .” Comps are properties that have sold recently and are similar in size, location, age, features, and condition. We use comps to determine the ideal asking price for a home we’re marketing. When we represent buyers, we look
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Earn Thousands More When You Sell Your Home for One Percent
When you sell your home with The Principal Team, you can earn thousands more. Find out more. Text: SELL to: 720-802-6075 and calculate your savings.
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Front Range Real Estate Market Update, November 5, 2020
Market Update, November 5, 2020 Home prices continued to climb in October. The average price for a single-family home sold was $625,100, while the average for attached homes was $393,733. We saw the lowest number of active listings for any October ever, which definitely had an impact on prices. There were just 4,821 homes for sale, almost 2,000
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Thoughts on the Market Last Year and As We Begin 2020
Happy New Year! I hope 2020 is off to a great start for you and your loved ones. The real estate market, as always, is changing! Inventory is scarce. There just aren’t many homes for sale. In fact, we finished 2019 with almost 10% fewer homes to choose from than we had at the beginning
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Thoughts on the Market Now
As we approach 2020, we can look back at the first three quarters of 2019, January through September. During this period, parts of the Metro area saw price growth, but not like last year. In some parts of town, we saw price drops compared to 2018. Last year, only one zip code experienced a year-over-year
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You Need More than a Neighborhood Expert
Have you noticed how some agents promote themselves as experts in your neighborhood? It may seem like one or two agents do most of the business near you, but that’s most likely not the case – plenty of agents work in every neighborhood with both buyers and sellers. Selling a home for the most amount
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Metro Denver Real Estate Numbers for September
Market Insights For single-family homes priced below $1 million and condos between $750,000 and $1 million, it’s still a seller’s market. Home appreciation has slowed, but prices are still rising. It’s imperative that sellers price right immediately if they’re looking for a quick sale. In August, homes that sold after price reductions spent an average
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The Principal Team Difference
There’s more to selling a home than planting a sign in the yard. It’s important to get the best price and most favorable terms possible, in a time frame that works best for you. Our role is to expose your home to the largest number of buyers possible and represent you during every phase of
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