The Market Appears To Be Changing

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 by Dallice Tylee


My gut has told me for months now, that the local (Boulder area) market has shifted.

The experiences I have had with clients and contracts in 2012 has been so different from those of 2011. But, it's not just me. My network of friends and colleagues involved in real estate is reporting the same. We Realtors are busy! Our Sellers are happy and our Buyers are becoming frustrated.

For the first time in several years, multiple offer scenarios and competing bids, are not uncommon.
Inventory is low and Buyers are jumping on properties that are priced right show well.

The National Association of Realtors reported that "Pending Home Sales Index (PHSI), contract signings rose in March by 4.1 percent from the month prior and is 12.8 percent higher than March 2011."  It got the attention of the Wall Street Journal too.

Not that it needs to be said, but...
Sellers!  If you are on the fence about selling, you might want to get off, now!
Interest rates are low and Buyers are hungry.  We are in the peak of our selling season, the flowers are blooming and curb appeal is at its best.  What are you waiting for?

Photo Courtesy:  Thomas Guest

---Realtors at Silver Fern provide the latest market information, straight forward advice and the highest standards of service. You can reach Dallice at (303)746-6765.
------Note: Our goal is to provide exceptional service to our clients. The ideas and strategies in this blog post are the opinion of the writer at the time of publication. Silver Fern Homes recommends careful and complete due diligence before buying or selling real estate or other investments. Consult with your professional advisers before making financial decisions. This article is not intended as legal, tax, or investment advice. Silver Fern Homes will not be held liable for investment choices derived from this article.