It Doesn’t Get Much Better Than This!

Posted in Home Tips, Homes for Sale on by

Metro Denver is one of the hottest real estate markets in the nation. It’s in the top 10% nationally for real estate appreciation. The residential real estate market in the greater Denver Metro area continues to churn unimpeded.

Sellers: There is a shortage of housing inventory for our growing population, a strong Denver metro economy economy and increasing jobs have heightened demand. In the Denver Metro area housing market home prices are holding steady year-over-year. Despite the effects of COVID-19, Denver and the entire metro area remain a seller’s real estate market, especially in the $300,000 to $399,000 price range, and even the $600,000 homes are only taking up to one one month to sell!

Buyers: The housing market has remained active as buyers are enticed with the lowest interest rates we have historically seen. Mortgage rates are a major component of affordability. Even buyers with cash are choosing to borrow mortgage money because it is so inexpensive. For investors earning 4 or 5% returns on their investments, paying +/- 3.0% on a mortgage makes awesome financial sense. With current rates now so low, more than a full percentage point below what they were last year, the affordability factor becomes substantially more favorable. With the shortage of supply and increased demand, it pushes housing prices higher so waiting for prices to go lower, may not happen. Many experts expect home price gains by the end of 2020 due to low-interest rates, a strong job market, and a steady economy. 

In conclusion, I say that whether you are a Buyer or Seller, 2020 appears to be a positive one.[/vc_column_text][/vc_column][/vc_row]

About Author

Sherri Bond - The Stellar Realtor “Going Above and Beyond” The core of Sherri’s business is honesty at all times. She specializes in the greater Denver Metro area real estate, specifically the northern area. Her business philosophy is simple: “Providing ‘Honest, Above & Beyond Stellar Service’ is the Key to your Home Dreams. She prides herself in helping people in all facets of real estate and life. She is a highly passionate, energetic and professional. Sherri has spent her life along the front range. She grew up in central Denver attending East Denver High School, lived in Erie, Fort Collins and also in Parker. Sherri currently resides in Erie and is actively involved in her community giving back and sponsoring numerous events and schools. With an in-depth knowledge of the market and the area, Sherri understands the needs of her clients and is well versed on helping them obtain their goals. Since 1994, Sherri has served the Denver Metro area as a professional and dedicated Realtor. Her passion for helping others is evident in her work ethic, drive and the multiple awards she has received. For Sherri, helping others in the community is just as important as helping her clients realize their dreams. Whether it’s buying or selling a home, purchasing a new home or assisting an investor in finding the right cash flow property, her 25 years of experience, network, state of the marketing systems and contract management goes “Above and Beyond” the competition. As a recognized leader in the real estate market and a multi-award winning Realtor, Sherri Bond is honored to be an International President's Elite Award Winner. A recognition bestowed to the top 2% of all sales associates worldwide. Over her 25 years, she has developed competitive pricing strategies and is an Expert Negotiator. She is also certified in Global Luxury Home Sales and Relocation including SIRVA, Cartus, USAA and Navy Federal Credit Union. Sherri is a member of the Builder Realty Council, a Certified New Home Professional, CRS, e-Pro, and a BPOR. Sherri is also a recipient of the DMAR Excellence Award as a Titanium Agent. Denver Metro Association of REALTORS® (DMAR), is an organization comprised of over 6,000 real estate professionals. The prestigious awards have a long tradition of honoring the determination, dedication, and endless drive of REALTORS® in the Denver community. With hundreds of happy clients, you can be assured that Sherri Bond will provide Honest, Stellar VIP Service.