According to the 2014 Allied Van Lines Magnet States Report, Colorado ranked No. 5 among states that had more people moving in than out. With new people moving to Colorado on the daily, especially Denver, it is no wonder the housing market continues to explode. Even in the early months of 2015, the housing market continues to explode. Even in the early months of 2015, the housing market in Colorado continues to perform at very high and dynamic levels. Currently, Colorado leads the nation with a 9.1% increase in home price gains from the previous year, far above the national average of 5.7%. The only downside to all of this growth – home inventory in Colorado is especially low meaning when it comes to finding a house, buyers have to deal with houses selling in a few days, other buyers coming in with cash offers and/or multiple highly competitive offers.
Hire an expert to help you secure your dream home
With all of these external issues playing a part in your search for the perfect home one of the best bits of advice we can give is simply this: hire an expert to help you out. Realtors® are here to help you find that ideal home in Colorado and make it a more pleasant experience. Just as you would hire an attorney to help you with a legal matter, hiring a Realtor® will help take the stress off your shoulders.
Some helpful suggestions for buyers from Alaris
For buyers, when view homes, do some homework ahead of time. We recommend that you become familiar with your favorite neighborhoods. Remember, Knowledge is Key and the more you know about a market area, the better prepared you will be to make an offer. In some markets, we write offers before leaving the driveway of a home we have seen. This requires that we have information about the market dynamics, the high, average and low price per square foot in a given area. Very important, make sure you have a prequalification letter from your lender. This way, when you find your dream home, you are ready to put in a winning offer. It is also important not to get too frustrated. No one wants to get so emotionally involved that you overpay and have buyer’s remorse. Using the same wisdom as sellers, make sure you are ready to pay fair market value.
Why choose Alaris Properties
Alaris is founded on these essential core values: integrity, honesty, trustworthiness, loyalty, and humility. Led by Jon Terry, our team will help you find what you desire in the housing market, and work toward forming a personal relationship along the way. Buying a home is a big deal and, at Alaris, we understand just how hard, frustrating, and scary it can be. So let us help you in your journey, give us a call today at 303.526.7400 or shoot Jon an email (he is the best at answering questions you might have) at jon@alarisproperties.com.
We look forward to working with you.
