Boulder – Denver: Seller’s or a Buyer’s Market? Hidden market horrors?

Houses, condos and townhomes on the market for days, and in some cases only hour until under contact status. Going to tour a property, encounter several parties conducting the same tour as you.

Urgency seems to be increasing. Are buyers suppose to forget buying at value? Are emotions getting in the way of being objective? Properties hitting asking price, or even more than asking price, only to hope that the property will pass the appraisal deadline contingency. Martin Acres in the mid- $500s and in some cases low $600s.

Boulder, Colorado is a great place to live, and is currently experiencing a “Seller’s Market”. Inventory on “For Sale” is low, demand is high. Sellers selling are headed to the retirement community or exiting Colorado for the waves of grain in Kansas.

Ask Tara @Trulia has detailed some experiences from clients experiencing a Seller’s market. Besides keeping calm, here’s some additional advice lines offered:

Horror #1. The Headless House Hunt(er). Good idea to become more flexible?

Horror #2. Hot Market, Cold Listing. Is the property a cold listing, or a need to be more flexible re: the “wish list” of desired features of a property

Horror #3: A New Flavor of Stuck.

The Sellers that can, will wait patiently for the Buyer to arrive to purchase. Time is on their side, and considering Boulder / Denver market (in general) a low foreclosure REO number per population, Sellers can be patient.

More information, and details of Tara’s article, CLICK HERE

Cliff Daniels
720 434 1418  
ActProp.com   
Boulder, Colorado