NEWS FLASH: The Colorado Real Estate Market is BACK!
THINGS ARE LOOKING UP
Within just the last few weeks, after the start of the New Year, we have seen a tremendous shift in the Colorado real estate market. Homes are sitting on the market for less time, receiving more showings, and more offers. We're even seeing homes sell with multiple offers, above the asking price.
In today's Colorado real estate market, homebuyers have the opportunity to purchase their dream home with less competition and better deals. Sellers are more willing to contribute to rate buy-downs and closing costs, allowing homebuyers to negotiate more favorable terms. Additionally, homebuyers have more time to think before making a decision, giving them an advantage.
It is important for homebuyers in Colorado to remember that when purchasing a home they should "date the rate and marry the house." This means that while finding the best interest rate on your mortgage loan is important, it is equally as important to find the right house for you and your family. With home prices softening and homebuyers having more negotiation power, now is the time to take advantage of this market in Colorado. Make sure you research all available options before making your home-buying decision so that you can be sure to find the home that fits you best! It doesn't matter how low your interest rate is if the house isn't a good fit for your home-buying needs.
By taking advantage of the current real estate market in Colorado, homebuyers can find not only a great home but also an excellent interest rate. Sometimes the Seller will even agree to pay ALL of your closing costs and buy down the rate to lower your interest rate either short-term or long-term. Now is the time to take advantage of these unique opportunities and find the home of your dreams!
Start searching for your dream home today and take advantage of the current Colorado real estate market! With less competition, homebuyers can negotiate more favorable terms and have more time to think before making their purchase. We CURRENTLY have rates lower than the last 6 months. Date the rate, marry the house - it's that simple!
Happy home hunting!
**Disclaimer: This article is provided for informational purposes only and should not be relied upon as legal, financial or other professional advice. Always consult with an appropriate expert before making any decision.**
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