LET’S GO, BUYERS & UPGRAD-ERS!

LET’S GO, BUYERS & UPGRAD-ERS!

  • Colin Whitenack
  • 08/15/22

More inventory, less competition, slightly lower interest rates, and strong sales prices - this is the opportunity some of you have waited for since the beginning of 2020 (stats provided by DMAR):

- The month-end active listings jumped +21.53% over last month. 
- Days on the market increased by 30%. 
- The close-price-to-list-price ratio remains above 100%.

Welcome to a more balanced market. The extreme, frenetic season for both sellers and buyers is behind us. Buyers, if you took a break from the hunt, you’ll have a different experience. Talk with your lender. Celebrate you don’t need to make crazy over-asking offers. In fact, you can take a night to consider making an offer. You haven’t had this much negotiating power since 2019. However, sellers, the market is far from a buyer’s market. We still have a fraction of the homes to meet all buyers’ needs. With some excellent preparations and a marketing plan, you can meet (and perhaps exceed) your asking price. Text, email, or call me at 303.912.5394 or colin@colinco.com.

Work With Colin

Colin makes sure to understand the life goals of each individual client so that he can develop the strategic plan now that will fit within those goals. Colin then laid out the process for both buyers and sellers including timelines, prices, processes, and expectations.

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