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Denver Realtor Wins Award & Offers Positive Market Outlook
People are buying homes in droves in Denver, but there's very few homes available to sell. Award winning Denver Realtor, Jennifer Pollock, explains what's happening in the local Denver real estate.
Jennifer achieved this real estate feat by focusing her marketing efforts on video, hired full time support staff, and advised buyers and sellers to the realities of current market conditions. "Counseling my sellers to price their homes to a realistic listing price resulted in fewer days on market, happier clients, and more money in my sellers pockets." Denver home sellers listing with Jennifer averaged only 29.5 days on the market and an average selling price of 99.5% of list price.
What's happening in Denver residential real estate right now is that we're seeing a lower level of housing inventory than in the past three years. It's actually down a whopping 29% since the first quarter of 2009. The result of this low inventory is that sellers are receiving multiple offers on their homes. Buyers very interested in purchasing are finding themselves in competitive bidding wars to win the property that meets their needs. "As a local Denver REALTOR® I'm seeing the shift into a very strong seller's market in 2012."
One of the reasons more buyers are looking to purchase a home is because the rental market is also very competitive in Denver right now. The low mortgage interest rates make buying affordable. Rather than throw their money at a rental home, buyers are now looking at the low interest rates and choosing to invest in a home.
Jennifer Pollock is a licensed REALTOR® operating her business, Extra! Extra! Homes, under the Keller Williams DTC Realty banner. Jennifer specializes in residential real estate in central Denver neighborhoods. She has been a REALTOR® for ten years and holds the Certified Residential Specialist designation and is a member of the Denver Metro Assoc of REALTORS®, Colorado Assoc of REALTORS®, and the National Assoc of REALTORS®. For more information visit http://www.ExtraExtraHomes.com.
CONTACT: Jennifer Pollock, Extra! Extra! Homes, 720-495-9404, 6300 S Syracuse Way Ste 150, Englewood, CO 80111.