Tuesday, April 24, 2012

Denver housing market favoring sellers!

 Check out this great article on the Denver Post, written by By Steve Raabe
The Denver Post

http://www.denverpost.com/breakingnews/ci_20427615/denver-housing-market-favoring-sellers


New advice from the trenches on buying a home: Look early. Think fast. Hone your quick-draw skills with the checkbook.
Metro Denver's real estate market, not along ago a buyer's domain, suddenly has shifted to a seller's paradise, at least in some neighborhoods and price ranges.
Realtors' offices are rife with fresh anecdotes of sellers happily cherry-picking from multiple offers — some of them above asking price.
How fast is the market moving? A new report shows that Denver is No. 2 in the nation for the shortest time a home stays listed — 33 days — far below the national median time of 89 days.
Until recently, prospective buyer Patty Kupfer had viewed shopping for a home as a weekend diversion. You know, tell your broker that you're available, say, from 2 to 4 p.m. on Saturday.
Hah.
"There's no such thing anymore as a weekend home tour," Kupfer said this week. "Because if you wait 'til the weekend, nothing's going to be there. If you're just looking casually, you're not really in the market."

Read the rest of the story on the Denver Post website at  http://www.denverpost.com/breakingnews/ci_20427615/denver-housing-market-favoring-sellers

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