Well it is Christmas Night and we are quickly approaching 2011. Most people are sitting at home with Family and Real Estate is the last thing on the mind. This should not be the case! As we move into 2011 lots of folks will be getting off the fence and shopping. Normally in Denver we see a large amount of traffic in all price ranges the first 2 weeks of the year.
Cherry Hills Village is one place where home buyers and sellers should be on top of their game in the last week of the year. If people are gearing up for an early start on the market in 2011 they need to prepare in this last week of 2010. The high-end market all around the Denver metro area has been booming for the past few months and it does not seem to show any signs of slowing. As interest rates have risen lots of buyers in the Luxury market are looking to make a quick decision before the rates become to high for it to make sense. Sure most people buying over $2 Million are going to be paying with lots of cash. However when Financed money is cheap people tend to use it.
Cherry Hills Village has not seen price changes from thousands of foreclosures but there have been people who were forced to take some loss’ in the sales of their homes and this can cause some speculation as to where the price’s stand. The Kinslow Team will always offer Free CMA’s and can list your home without asking for a large marketing premium up front. People sitting on the sidelines for the start of 2011 may get left behind because of fear but if they need, or just want to make a move they should prepare now.