The Hot Denver Real Estate Market is a sellers dream come true. You can feel the sense of euphoria everywhere. Homes are selling at a faster rate in 2016 then in 2015 so it’s going up and up. Denver’s market leads the nation in home appreciation by the way.
To prepare your home for sale in a competitive market, it’s important to understand the definition of a “hot market.” A ‘Hot Denver Real Estate Market’ is one where most homes sell faster than two months which brings very low inventory. Inventory is a major factor in hot markets: Where there are fewer homes on the market, the demand rises, and homes typically stay on the market for a shorter amount of time. Go to any of the most popular neighborhoods in Denver like Highlands, Bonnie Brae, Wash Park, Park Hill and Rhino. You’ll see a “Hot Denver Real Estate Market”.
Yes this is your time to shine as a seller and must feel so much better than 2011. But here are some things to look out for before jumping for joy. (After reading and you’re still ready to sell, then jump for joy!)