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Two Vastly Different Marketplaces as 2016 Begins

In Homeowners by Doug Phelps

The Denver metro real estate market continues to present unique challenges for sellers and buyers. The surging Colorado economy has contributed to records in average sales price for single family homes across the seven-county Denver metroplex. In the broad brush, we understand it is a strong seller’s market. In closer examination, we actually see two vastly different marketplaces as 2016 …

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You Know You’re a Coloradan When…

In Homeowners by Doug Phelps

You worry about getting sunburned and frostbitten on the same day. You’re not surprised that a few weeks into Rockies baseball season some games are cancelled because of snow. You secretly chuckle when anyone east of Denver tells you they have mountains in their state too. You know that South Park is a real place. You go anywhere else on …

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Fewer Home Sales Mask Supply & Demand Patterns

In Homeowners by Doug PhelpsLeave a Comment

You are likely hearing ‘everywhere’ that the availability of resale home inventory in the Denver metro area is low.  It has also been reported that there have been fewer homes sales so far this year.  This makes it look like both supply and demand are down for the year. In reality, neither is true.  It can all be confusing so …

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Staging: The Economical Remodeling Alternative

In Homeowners by Doug PhelpsLeave a Comment

Here is a rather typical scenario: An agent is working with a seller and a home stager to get a house ready to go onto the market.  They have done a bunch of low-cost and even no-cost things that have made the house show better, so it will stand out in the emotional thoughts of potential buyers.  The client says, …

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Get Referrals for the Services YOU need

In Homeowners by Doug PhelpsLeave a Comment

I and my colleagues at CHR believe in working by referral. Doing so allows us to focus on our clients and their needs before, during and after closing a real estate transaction. Purposely, the bulk of our business comes from past clients and friends who refer us to the important people they know. I love the concept of working by …