| Despite economic trends, the Denver housing market | | | | making this one of the best times in recent history to |
| is recovering slowly but surely. Although much of the | | | | buy a home in the Denver real estate market. Interest |
| nation's housing market continues to struggle, the | | | | rates are around 4.85%, and there is a great selection |
| Denver area has seen some significant gains in the | | | | of homes on the market. |
| past year and many believe that there is reason to be | | | | Given the current market conditions in the Denver |
| positive about the future of the housing market in | | | | area, now more than ever it is critical to select the right |
| Denver. According to the National Board of Realtors | | | | real estate agent to represent you. For sellers, |
| most recent report, which drew from current | | | | choosing the right real estate agent means taking |
| economic trends for the area, such as job growth, as | | | | advantage of the market and capitalizing on their |
| well as historical real estate appreciation for the area, | | | | investment. Also for sellers, this could also mean the |
| placed the Denver housing market among the top five | | | | difference between accurately pricing their property |
| cities in which to purchase a home. | | | | from the start which could result in selling within weeks |
| Additionally, states that Metropolitan Denver Real | | | | or having to wait months for a sale most likely at a |
| Estate was the leader in the total dollar gain throughout | | | | lower price. For buyers, choosing the right real estate |
| the United States in 2009. The homes that saw the | | | | agent means making the right choice when buying a |
| biggest gains in 2009 were homes in Indian Hills, | | | | home in Denver. Real estate agents can help buyers |
| Meridian, Thornton, Twin Lakes, Todd Creek, and | | | | recognize that not every area of the city is increasing |
| Westminster. | | | | in value, so what may seem like a good deal could be |
| Although Denver's housing market has stabilized over | | | | a poor choice in the long run. A home is one of the |
| the past few months and there are overall positive | | | | biggest investments for both buyers and sellers; |
| trends in real estate in the Denver area, sellers are still | | | | therefore the use of an agent who is experienced and |
| cautions and their homes are competing with a record | | | | has a vast knowledge of the Denver housing market |
| number of foreclosed properties. While this fact hasn't | | | | could be the difference between successfully buying |
| affected Denver luxury homes, owners of homes at | | | | or selling a property or making regrettable decisions |
| lower price points are feeling this pressure. Right now, | | | | that will affect your future. |
| Denver has a months supply of homes ranging from | | | | If you are considering buying or selling a home in the |
| seven to ten depending on what area you're looking at. | | | | Denver area, consider using the services of Very Nice |
| Six months of inventory is considered the equilibrium | | | | Homes. The realtors at Very Nice Homes are licensed |
| point where the market is not more advantageous for | | | | realtors in the State of Colorado who offer free |
| buyers or sellers. Therefore, Denver is currently in | | | | services to buyers and full service and discounted |
| what is considered a buyer's market. This means that | | | | commission plans to sellers. Very Nice Homes is a |
| the housing inventory is 17 percent lower than it was a | | | | Metro Denver Colorado real estate firm that offers a |
| year ago, and close to 2 percent lower than it was a | | | | daily updated database of over 30,000 local home |
| month ago, which are good signs for a recovery and | | | | listings. |