Hi Clients and Friends -
In the spirit of the season, we want to send out a huge THANK YOU to all our wonderful clients and friends who make our growth not just possible, but worthwhile and FUN! We truly feel thankful, grateful and blessed.
May this Thanksgiving be as joyful as you deserve, and may it be a warm start to a happy holiday season.
– Leslie and Max
And just for fun… We had a blast at the Zoo Lights with clients and friends…we raised $6625 worth of groceries and 4635 meals for Community Food Share with our Gunbarrel Food Drive (way to go Gunbarrel!)… I loved celebrating with my sister and family at my nephew’s wedding celebration… and so very thankful for your continued referrals & support as we are finishing the year strong with 5 homes under contract.
Colorado Gives Day
One of the many things I am super thankful for this year is the opportunity to have joined the YWCA Board! Click on my video above and click on the link below to learn more about the YWCA and what great work they are doing to eliminate racicm and empower women here in CO and Boulder County.
Please consider joining me in supporting the YWCA for Colorado Gives Day, donations are welcome anytime between now until December 5th.
Click here to learn more about the YWCA and to make a donation.
Please consider joining me in supporting the YWCA for Colorado Gives Day, donations are welcome anytime between now until December 5th.
Click here to learn more about the YWCA and to make a donation.
What Increased Housing Supply Means for Current Homeowners
At first glance, the increase in housing supply may not sound like good news for sellers, but it does gives you two distinct opportunities in today’s housing market.
An article from Calculated Risk helps put the inventory gains the market saw in 2022 into perspective by comparing it to recent years (see graph below). It shows supply has surpassed 2021 levels by over 50%. But the further back you look, the more you’ll understand the bigger picture. And if you go all the way back to 2019, the last normal year in real estate, we’re roughly 30% below the housing supply we had at that time.
Opportunity #1: Take Advantage of More Options for Your Move
If your current house no longer meets your needs or lacks the space and features you want, this inventory growth gives you even more opportunity to sell and move into the home of your dreams. With more houses on the market, you’ll have more to choose from when you search for your next home. Partnering with a local real estate professional can help you make sure you’re up-to-date on the homes available in our area. And when you do find the one, a professional can advise you on how to write a winning offer to seal the deal.
Opportunity #2: Sell While Inventory Is Still Low Overall
But again, despite the growth, inventory is still low compared to historical norms, and that isn’t going to change overnight. For you, that means your house should still be in demand, if you price it right.
As an article from realtor.com, says:
“Today’s shoppers generally have more homes to consider than last year’s shoppers did, but the market is still not back to pre-pandemic inventory levels.”
Bottom line: If you’re a homeowner looking to sell, you have more homes to choose from and can still sell your house while inventory is low overall. Let’s connect to get started, so you can have the best of both worlds.
Market Update
Denver Metro and Boulder Real Estate Statistics
Thank you to everyone who joined us at the Herz Team party during the Zoo Lights! We had such a great evening connecting with you all and look forward to our next client appreciation gathering!
Grateful for our fantastic clients!
"Max helped make my first home buying experience about as easy and painless as it gets. Within a couple days of me sending Max the property listing, he organized a viewing, I made an offer that was accepted, and he had an inspector and loan officer recommendation lined up to support with the home buying process. His recommended people were wonderful and everything came together so quickly and efficiently. Throughout the process, Max was incredibly responsive and took care to answer all of my questions. I’m truly grateful to have had his help - and his excitement for me - though out this journey." – Barb M.
★ ★ ★ ★ ★
