Here are a few slides from our 3rd Quarter Real Estate Trends presentation, and suggestions on how real estate brokers might explain them to clients. These slides are particularly useful for first time buyers and investors. They can assist decision-making for trade up buyers, too.
Feel free to use in social media, newsletters, or anything you can dream up . We have an amazing opportunity for buyers in this market and we need to get the word out! It probably won’t last until Feb 2019. read more…
Many brokers we talk with are worried right now because they see their listings sitting on the market. If this is happening to your listings it’s probably got you, and your sellers, a little nervous and you want to know what’s going on. It...read more
Mechanics liens are a big headache when it comes to selling because the title company will require that the lien be paid in full. It doesn't do a lot of good to show the title company how bad the contractor was or that the contractor doesn't deserve the money. The...read more
Lots of would be home buyers will choose to rent instead of purchase because they don’t see enough monthly savings between their current rental payment and a mortgage payment. If a mortgage payment is more or the same amount as the rent, lots of renters will stay...read more
Earnest money disputes are becoming more and more common in our heavily lopsided seller’s market. When sellers have multiple offers to choose from, they expect the chosen buyer to fulfill the contract, and they’re much less likely to release earnest money when the...read more
This Spring begins with yet another seller’s market fueled by historical low housing inventory and strong buyer demand. To see how fast homes are selling, we compared the 1st quarter 2017 housing data against 1st quarter 2018. Specifically, we looked at days on...read more
Section 8.1.3 of the Colorado Real Estate Commission approved Purchase and Sale Agreement allows the parties to choose whether the buyer’s title insurance policy will include Owners Extended Coverage (“OEC”). Owners Extended Coverage is a way to maximize title...read more