Real estate is all about location but what does location cost? What is the premium for walkability within a neighborhood?
Here we breakdown four neighborhoods and compare prices.
Real estate is all about location but what does location cost? What is the premium for walkability within a neighborhood?
Here we breakdown four neighborhoods and compare prices.
Here we break down the decision process, the tie breakers and what factors mattered more than others. Hopefully you won't get into a bidding war during your purchase but if you do, this insight should be helpful.
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Click video below for the full report:
Why does Market Street change names? A history lesson for the streets of Denver.
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Today I'm breaking down the average days on market by price range. Also, how many homes really sell the first week?
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This week I breakdown how agent performed in 2016 - How many transactions did an average agent complete and how many cities did each agent work.
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Click video below for the full report:
• What % of MLS active listings are in Zillow?
• What % of Zillow listings are actually available for sale?
Is there a difference between believing what someone says and trusting what they say? I think there is.
When I work with buyers and sellers, I have a duty to give them my best advice and be their advocate. I feel this is one of my strengths. My clients believe I know the Denver market, and understand the data behind it, so my advice provides them with valuable insight, allowing them to make the best decision possible.
That being said, I firmly believe a little skepticism from clients is healthy. After all, I won’t be living with them, commuting with them, growing a family with them, etc. So instead of “trusting” what I say at face value, my clients need to make decisions that only they are qualified to make based on the
…There are many different philosophies on how to price a home but the result of not getting a contract in the first week is clear: a lower sales price and missed opportunity.
To see what happens to offer prices during and after the first week on the market, I graphed data for both detached and attached homes in multiple price ranges in the city of Denver.
• Under contract in the first week? Homes averaged 2.3% over the list price.
• Under contract in the second week? The sale price dropped 0.24% below asking price.
• Under contract in week 3 and later? See the graph below.
The 2.5% swing from week 1 to week 2 means $10,000-$12,000 less for the seller (based on the average home in Denver.)
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