IMPORTANT VERSUS URGENT

Team CHR Development

Human beings have an attention span of approximately 8 seconds, or less than that of the notoriously ill-focused goldfish (9 seconds).  As a result, what we define as urgent, most of the time is an excuse to allow our guppy like capacity to be in charge and take us away from the most important thing we could be doing that …

No Surprise with Latest Stats on Metro Denver Home Sales

Team CHR Market Trends

Father’s Day and the first day of summer will both arrive on Sunday. Other than this mildly interesting oddity, everything going on in the Mile High city right now is the expected norm:   Schools are out.   The Rockies are struggling.   Home prices are up.   That’s right. If you are looking for something out of the ordinary, …

Appraisers. Handle with Care.

Team CHR Buying, Selling

A real estate deal is a bit like the 100-meter high hurdles at a track meet. Once you go under contract, you’ve got a few barriers to get over before you can cross the finish line and finalize the transaction. The typical home sale contract has contingencies that allow the buyer to do inspections, check out the HOA, make sure the …

STATS: A ROCKY MOUNTAIN HIGH

Team CHR Market Trends

Latest Metro Denver Home Stats Are a Rocky Mountain High     Denver is known as the Mile-High City.   Colorado is famous for its Rocky Mountain High.   More recently, we’ve become known for another kind of “high” associated with legalized marijuana.   Now we can add a 4th high – record high home prices. You may have seen the article in the …

Colorado Home Realty Honored

Team CHR Life at CHR

We, CHR, are incredibly proud of our accomplishments over the last 10 years and are honored to share this award with our entire agent team. Not only did the company receive amazing kudos at SMDRA’s Third Annual Diamond Circle Awards celebration … 23 of our agents were honored as Diamond Circle Award Winners, as well. Congrats team! Here’s to a fantastic …

Make That Move You Want to Make

Team CHR Buying, Selling

Situation: You’re not relocating out of metro Denver (Yea!) but you need to make a move. You may be a growing family that needs more space. You may be an empty nester that wants to downsize. You may need to change your geographic location due to jobs or schools. The elephant in the room, however, is the fear of being homeless. …

Stats: Up, Up and Away

Team CHR Market Trends

The 1967 song entitled Up, Up and Away is a good summary of the current Denver real estate market. The fact that the singing group, The 5th Dimension recorded it makes it even more appropriate. Denver real estate has definitely entered another dimension. It is in a new and uncharted realm. Prices? Yep – they’re up. Average sale price in March was $355,462 …

Home Sellers Getting Hurt In A Sellers Market

Team CHR Buying, Selling

Wait a minute!! We’ve got the hottest seller’s market anywhere in the country right now – truly epic proportions – and sellers are getting hurt? Can’t be! Actually … it could be. A recent Denver Post article has us thinking that up to 20% of metro Denver home sellers may be leaving money on the table when they sell their houses. Why? The …

Stats. Like A Summer Weather Forecast

Team CHR Market Trends

You know how things are for weathermen in the Denver area during the summer months? That’s right — the forecast is pretty much the same from one day to the next: Clear in the morning with a 20% chance of thunderstorms in the afternoon. Highs in the upper 80s. Skies clearing at night. It’s a bit of a broken record. …

Staging Improves the Bottom Line Even in a Hot Market

Team CHR Selling

We’ve got a strong seller’s market in metro Denver at the moment. Houses sell quickly and often with multiple buyers fighting to be the successful bidder. This raises a question: Is it worth taking any time and effort to get a house in tip-top showing condition – to do what agents call “staging”? Isn’t a house going to sell even …

Affordability Data Indicates a Healthy Real Estate Market

Team CHR Market Trends

Home prices have been rising rapidly in most of the United States over the last three years. Inevitably, this gives rise to fears that we are creating a new housing bubble. Aren’t we just creating the conditions for another real estate crash? It turns out that we actually have a way to measure the health of a real estate market. …

Looking Back & Forward (Review of 2014)

Team CHR Market Trends

We’ve rolled into a new year. Let’s take a quick look at how metro Denver real estate fared in 2014 and what the landscape is looking like for 2015. Review of 2014:  The inventory of homes on the market was at historically low levels in 2014. Right? That was the big story all year. When you hear that, however, it makes …