Is this your scenario? You’ve wanted to move to a new house for some time now. You know you can sell your current house in a heartbeat. You’re worried, however, about finding the next home given the crazy, super-strong seller’s market we’ve had in metro Denver for the last few years. We have good news if this describes your situation. …
The Power of Landscaping Projects to Improve Your Home’s Value
Do you plan to sell your house in 3 years? 5 years? 8 years? Many homeowners have a sense of when they are likely to make their next move. It may be due to kids completing school and moving out, retirement or any number of factors. If this applies to you, then making strategic improvements to your property now is …
The True Cost of iBuyer Convenience
iBuyers are well-funded venture capital companies that seek to buy houses directly from sellers at wholesale prices so that they can turn around and quickly resell those properties at retail prices for a hefty profit. They are called iBuyers because they can get an offer to a seller almost instantly using computer algorithms to determine a price iBuyers try to persuade sellers that the tried and true value of using an …
“I” (Instant) Buyers – A Tale of Two Sellers
We’ve written recently about iBuyer companies. iBuyers are well-funded venture capital companies that buy homes for cash, mostly at wholesale prices directly from an owner and resell the property at retail value on the open market for a profit. They are called “iBuyers” because they make cash offers almost “instantly” using AI (computer algorithms) to arrive at an offering price. Their value proposition to a potential seller is ease, convenience and …
Solar: One Home Owner’s Exploration
A home owner recently called one of our agents for input. He and his wife were thinking about adding solar panels to their home. It turned into a fascinating conversation over a three-week period and resulted in identifying key factors to consider in making this decision. Here’s the summary of issues to contemplate: Environmental Care: Climate change is a controversial topic, but it …
Celebrities and Real Estate
We thought you’d enjoy some news about homes on the market that have associations with the rich and famous … and infamous. Timothy Leary’s LSD Lair On Market at $1.5 Million You can be the next owner of Timothy Leary’s former home in the San Jacinto Mountains southeast of LA. The 80-acre Forbes Ranch was ground-zero for Leary’s promotion of …
A Robot Might Buy Your House
“Sell your home, skip the hard parts.” That was the headline on the one-page flyer that arrived in a friend’s mailbox the other day. You may have received one. It was from a company that offers to buy homes for cash directly from an owner. Quick close. Avoid the supposed hassle of putting it on the market. Companies like this are …
The Rear View Mirror and the Windshield
Do you have a road trip that you take repeatedly? Heading over to Sturgis on the Harley? Trundling off to Lake Powell? If so, you are familiar with the waypoints. That place you stop for a milkshake. A noteworthy view from a mountain pass. The historical marker where someone famous did something noteworthy at some time in the distant past. The …
Buying and Selling in Uncertain Times
It is 1979. Oil prices are skyrocketing as the American hostage crisis in Iran begins and the Middle East is plunged into more turmoil. Brenda Spencer opens fire at a school, killing 2 and wounding 8. When asked why, she stated, “I don’t like Mondays.” McDonald’s introduces the Happy Meal. Los Angeles passes an ordinance to protect the civil rights …
Understanding Market Shifts
We’re seeing lots of news recently about a shift in the metro Denver residential real estate market. It’s true! The market IS shifting. However, the portrayal of this shift as reported in the popular media and even by many industry sources contains only a drop of truth in an ocean of misinformation. LET’S UNRAVEL TRUTH FROM FICTION. Most of the …
Smart Buying and Selling Strategies for the 2nd Half of 2018
There is a seasonality to residential real estate sales and there are both myths and realities in connection with this phenomenon. One myth is that most resale home transactions occur during the first half of the year. That is dispelled by the chart shown here. On average, the distribution of closings per quarter is 19%, 29%, 29% and 23% over the last …
You’re Being Targeted
THE TERMINATOR In the movie Terminator, Sarah Conner is targeted for assassination by cyborgs from the future. Machines of the future have rebelled against their creators and are seeking to eliminate human beings from the face of the planet. They are on the verge of succeeding. The only man standing in their way is John Connor, son of Sarah. The robots …