Welcome to the August edition of the 2014 Denver Real Estate Market Newsletter.
SELLERS….TIME IS RUNNING OUT!
If you’ve been wanting to make a move in 2014 or have been ‘on the fence’ considering a move, we need to talk soon!
The seasonal summer real estate market will be coming to a close in the next six weeks. Looking at the calendar, Thanksgiving is just 92 days away. Very few people think about real estate once we’ve entered into the holiday season. Last minute buyers want to close before Thanksgiving, to celebrate in their new home.
The typical real estate transaction timeline is as follows:
- 7 days to prepare for market – from the time I first meet with a client to listing on the MLS. Time needed for staging, photography, and preparation of marketing materials.
- 28 days on market – typical time on the market before the average seller accepts an offer
- 35-40 days to close – the average time from contract acceptance to closing
Total Days: 70 to 75 days
Just over two weeks remain before the beginning of the end of this year’s real estate season. Call me today to discuss getting your home sold before the holidays.
FACEBOOK AND PAUL’S MOBILE REAL ESTATE APP
Please ‘Like’ my Facebook business page. Use this link to be redirected to ‘Paul Sobania – Real Estate’ and click on the ‘Like’ button (log in to Facebook.com if needed).
Search homes for sale on your smart phone or tablet using my home search app. Log in to the iTunes Store or Google Play and download the Keller Williams app. When prompted, type in the code ‘KWKB85L’. For simple downloading instructions use this link, www.PaulMobileApp.com.
JULY 2014 REAL ESTATE MARKET TRENDS
DENVER REAL ESTATE MARKET TRENDS
REAL ESTATE NEWS
Denver home prices hit record high for 3rd month in May, home price increases slowing down Read more
Denver home inventory shortage eases in July Read more
High demand meets condo crunch in Denver Read more
22% of homes sold in Colorado are all-cash deals Read more
U.S. mortgage delinquencies fall as job market improves Read More
Colorado economy rated number one overall in the nation by Business Insider Read more
Colorado unemployment falls to 5.3% Read more
Jobless claims in U.S. drop to eight-year low Read more
Millennials could hold the key to housing recovery Read more
Consumer Confidence in July hits its highest level since October 2007 Read more
Colorado sets tourism record, attracting 64.6 million visitors in 2013 Read more
Work begins in August to widen I-25 to 4 lanes between County Line and Lincoln Read more
United Airlines extends its lease at DIA through 2035 Read more
THANK YOU FOR YOUR BUSINESS AND REFERRALS!
If you or someone you know is thinking about buying or selling a home, please let me know. It would be my pleasure to work with you or your referral. My commitment to my clients is to treat them with the utmost care as they work towards buying or selling a home. Referrals are the core of my business and are always appreciated.
Free Real Estate Tools
When searching for homes for sale anywhere in the Denver metro area use this link, Interactive Map-Based Home Search. This interactive, map-based home search tool makes looking for homes fun and easy. If you are interested in a specific neighborhood, whether it is your current neighborhood or the one that you hope to move to someday, this site can send you e-mail notifications when new homes come onto the market. Happy home searching!
Please call me with your real estate questions. I’m always happy to help you navigate through this constantly changing real estate market!