There have been numerous reports of heavy demand in the Denver real estate market of people looking for homes. More people are moving in to the state than are moving out. With lower than normal new building rates the trend of high demand will most likely continue for some time. For sellers this is great news and for buyers this creates a challenge and a needed strategy when you head to to purchase a new home. This article on Realtor.com has a really interesting map of the United States showing the states where people are moving to and where they are moving from. SEE FULL ARTICLE
Have you ever walked in to a new builders model home? The furniture is perfect, the flow is perfect and they have them staged to attract your eyes to the key features of the home. That is exactly how you can maximize the value of selling your home. Staging can start with de-cluttering your home, removing or adding furniture or going full out with a professional stager and designer working with you on your home. The key is attracting buyers eyes to the key benefits of your home and giving prospective buyers the emotional feeling of living there. It is something you should always consider at some level when putting your home on the market for sale.
I found this video on a bathroom remodel that caught my eye. They used some really unique ideas and especially the reclaimed wood elements. If you are looking to remodel a room in your house there are some great ideas online with some of these do it yourself videos. Check out the floor tiles they used in the shower area.
The Denver market is currently one of the hottest markets in the US. It is a sellers market so it can be challenging to buy a new home for many first time buyers. Bidding wars on properties under $400,000 is common in our market place. This can lead to frustration for buyers but there are strategies that can be put into place. Preparation is the key and first step. I always insist buyers have their financing ready to go and in place with a reputable local lender. This always adds weight to any offer. Many time their are opportunity properties out there, ones that may not be on everyones radar. Some properties hit the market way over priced and by knowing and watching the market you may be able to find your new home this way as those homes sit for sale longer. Then there is the fixer upper. Many times this can make a perfect home for someone who is willing to put some time and effort into the home. If you are a first time buyer, there is a way to find your new home with some of the above techniques if you are willing to go outside the box.