Have you delayed your plans to buy a house because of how competitive the market was over the past few years? If so, listen to this. Today’s market is different.
Here’s a look at three trends that are good news for today’s homebuyers.
Positive Trend #1: Higher Inventory
You have more homes to choose from since the same time last year. The number of homes for sale is up roughly 50% so finding what you’re looking for today isn’t nearly as hard as it would’ve been a year ago.
Positive Trend #2: Fewer Bidding Wars
In just one year the average number of offers on a home dropped from 3.7 to 2.4 that means you may face less intense competition from other buyers now.
Positive Trend #3: More Negotiation Power
92% of recent sellers negotiated with buyers on things like lower prices, home repairs, and even covering closing costs. With these three trends. You’ve got something to get excited about. So, if you’re ready to kick off the homebuying process, let’s talk.
How Can I Help You With Your Broomfield Real Estate Needs?
I am consistently among the top real estate agents in Broomfield and I strive to exceed client expectations.
You May Be Wondering… What is My Home Worth?
Do you wonder what your home is worth in the current market? Do you desire a specific Property Valuation Report that I routinely prepare for my clients? Please contact me.
For questions regarding the Broomfield Real Estate Market in general contact:
Realtor® | Real Estate Negotiation Specialist
North Star Team at Compass