How to know when the time is right to sell your home in Denver? There are many different things that can help you narrow down that decision. Possibly for you, the kids have all moved on and now, the house that once was quite accommodating, has become too spacious.
In a helpful article that outlines all the advantages to downsizing, Yahoo Finance News says, “With the potential to unlock newfound financial freedom and reduce stress, downsizing has become a popular choice for individuals and couples seeking a less burdensome and more fulfilling life in retirement.”
They recap, “In a world where bigger often seems better, downsizing offers a refreshing alternative.”
What’s Going To Be Best For YOU?
So, how do you know if you are ready to sell your home in Denver? How can you make the decision that answers the question, ‘what’s best for you?’
According to Bankrate, “Sometimes necessity makes the decision for you — if you need to move for a job or your family is expanding, for example. The state of the market may also dictate your decision to some degree: When prices are high, it’s hard to resist that potential profit. “
So oftentimes, profit is not the driving force. Every situation is different for each homeowner. Every reason to move on is different, job changes and personal life adjustments lead the way for most and these changes might not be as dramatic a reason as downsizing.
When You Have Decided To Sell Your Home in Denver
On Fox31 Morning News, from April 2023 The Data Desk reports that Denver area homes were still selling faster than nearly any other US metro area. “A Denver area home sat on the market for 28 days before it sold in March, according to the according to the Realtor.com report. “Homes sell quicker in only two metro areas: San Jose, California, and Rochester, New York.”
The morning news article begins with the good news that, “Very little seems to sour homebuyers in the Denver metro area.”
Denver Metro Association of Realtors most recently reports that, “Rain and hail storms did not dampen the Denver real estate market this June. While activity was noticeably slower than last year, buyers and sellers came together to navigate a changing marketplace. Bidding wars were down considerably, with the close-price-to-list price ratio at 100.23 percent market-wide. While some homes are still selling in a weekend with multiple offers, many others are sitting on the market for a few weeks with one or two price reductions before finding a buyer. The days of routinely putting a home on the market and watching it sell to the highest bidder in days are over. “
So, Decision made! You are going to sell your home in Denver. Where do you begin?
The first step in the decision to get your home listed for sale is to find a trusted brokerage firm, and this is where Kathy and Ed Boyle from Katchen Company step in to take the worry out of selling your Denver property. it takes just two minutes to contact Katchen Company, to guide you through the process from start to finish. It’s as simple as telling us a little bit about your property and how soon you’re looking to sell. We can guide you through the rest!
“There is something permanent and extremely profound in owning a home.” – Kenny Ginn
We’re Katchen Company and we’re here to help you realize your dream of homeownership. Whether you’re looking to buy a new home, sell your home in Denver, or relocate to the Mile High City, we’ll help you meet your real estate goals, find your happiness, and truly love where you live.
Our family has provided trusted and enduring residential real estate services to our clients in the Denver metro area since 1962. Over these years, we’ve learned the Denver real estate market inside and out and, as natives, we have a true passion for our city’s vibrant urban-sprawling lifestyle.
Our brokerage is built on great relationships with our clients and we’d love to help you! Reach out to us for expert guidance and support when you’re ready to buy a home or sell your home.
Here is the Market Trends Report from August 2023: