HELLO!
Fall has arrived and as cooler weather moves in, many buyers and sellers may pause to enjoy the upcoming holidays. This seasonal slowing, along with already low and dropping inventory, could possibly lead to prices and competition heating up. If you d like to talk strategy, just reach out!
A LOOK AT THE MARKET
Denver buyers now have more time to find the perfect home, along with more negotiation power. Some homes are even selling below their asking price. Let's take a closer look.
Last month, 3,694 new detached, single-family listings came on the market, a decrease of 18.9% compared to July. And 5,298 homes remained active at the close of August, a year-over-year increase of 114.6%.
The average price decreased again from $778,793 in July to $744,589 last month, a drop of 4.4%. However, year-over-year, prices are up 8.1% which is still a healthy equity gain for recent buyers.
CLICK HERE to learn more or reach out to discuss your real estate needs.
COMMON COSTS FOR
HOME MAINTENANCE & REPAIR
HOME MAINTENANCE & REPAIR
Protect your home investment! For upkeep, the general rule of thumb is to budget 1% and up to 4% of the home s value for expenses each year. Adjust based on age, size, and condition.
Along with maintenance, repairs should be attended to right away to potentially avoid the cost of a full replacement. A few examples of average, ballpark prices: " Windows Repair $385, Replace $6,391 " Deck Repair $1,392, Replace $7,857 " Furnace Repair $308, Replace $4,687 " Garage Door Repair $251, Replace $1,187 CLICK HERE to learn more about protecting your home and how much more repairs cost.
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PORCHLIGHT FEATURED LISTINGS
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NEIGHBORHOOD SPOTLIGHT
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GOLDEN BEER TASTING & CHILI COOK-OFF
Enjoy a fun afternoon at Parfet Park. Admission includes beer and chili samples (while supplies last), entertainment, snack vendors and the Beer & Chili Awards Ceremony. October 1: 1 - 4pm
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TREAT STREET Head to the Arapahoe County Scaregrounds for activities, a petting farm, live entertainment, a costume contest, pumpkin painting, adult beverages, food trucks, and more.
October 22: 11am - 4pm
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HALLOWEEN SPOOKTACULAR!
It s a spooktacular event for all boys and ghouls. This family-favorite concert at Boettcher Concert Hall features music from films, television, and more. Costumes are encouraged!
October 30: 2:30pm
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Dina Piterniece
Broker Associate
720.317.3649
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[email protected] |
A BETTER EXPERIENCE. A BETTER AGENT.
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