“Fix and Flip”: What Are Accurate Expectations?



March 23, 2012Here are some important tips for beginner investors interested in fix and flips.  Determine if you have what it takes to become a serious fix and flip investor and set realistic expectations about your potential profits in this type of investment in the current market conditions. What is a fix and flip? In short, a “fix and flip” scenario means that an investor buys low and sells high....

What Affects Negotiating Real Estate?



March 21, 2012Do things like how long the home has been on the market and the economy affect how much a homeowner is willing to drop? How long a home has been on the market? If a home seller has had a difficult time selling, does this mean that they will accept lower offers?  In general, our buyers agent’s study of about 10,000 home sales in the Boulder and Northern Denver shows that most home...

What You Need to Know About Home Sellers During Home Sale Negotiations



March 19, 2012To understand why most homes sell for so close to the listing price, we can take a look at the home seller’s point of view. A home seller is trying to get the highest amount possible during the home sale negotiations.  They made an investment in purchasing the home, and of course, would like to see the greatest returns possible.  Or, in a less happy tale, they are in a situation where they...

What You Need to Know About Negotiating Real Estate Price in the Current Market



March 16, 2012The real estate market has been struggling, so I should expect home sellers to accept really low offers, right? Wrong! These days, it is easy for home buyers to dream of getting the deal of a lifetime for their next home purchase.  Stories in the news might make us think that sellers will accept just about anything.  Desperate times call for desperate measures, we think.  Home sale data does...

What To Expect During Real Estate Negotiations in Colorado



March 14, 2012We get many questions from home buyers about the negotiating process.  We are starting a series about what to expect during negotiations to give buyers a realistic picture of what it will be like. For example, is it realistic for you to plan to purchase a home for 20% less than the listing price?  Can you expect to negotiate more off the list price during a weak market? Overall, most...

Denver Metro Market Improves



March 9, 20122012 is proving to be promising for the Denver Metro housing market. In fact, economists are reporting a 13.2 percent increase in home sales so far in 2012.  This shows that the Denver Metro real estate market seems to be on the road to recovery.  While homes are not yet experiencing appreciation, things seem to be moving in that right direction as the number of sales increases and inventory...

Colorado Resort Homes Sell For Less in 2011



March 6, 2012First time home buyers are taking advantage of a 30% drop in home price in the mountain resort counties. Colorado resort homes have seen a decrease in sale price from 2010 to 2011, allowing first time buyers to take advantage of some incredible deals that they would not have been able to afford in 2007 when resort home values were soaring. Now, short sales have continued to drive the prices...