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March, 2020
Sam Wilson's...
Denver Area
Real Estate News
Headline:
The February Denver Real Estate market saw homes taking a little longer to sell resulting in slightly lower than average prices! Going forward, a significant reduction in inventory will likely push prices up again in March.
The Facts:
Source; see the full detailed DMAR Market Trends Report at http://bit.ly/DMAR02_20
- Number of homes for sale in February (inventory) was 4941 which is down 16% February 2019 and down 2% vs. last month.
- Unit sales are down 34% vs last month, about even vs. last year.
- Average sale prices are down 1.5% over last month, but UP 4% over last year. Price reductions continue to be a trend in certain areas and price ranges.
Opportunity and Optimism for Sellers:
It’s still a seller’s market, but the trend is more price reductions, & more properties taking longer to sell. Buyers have fewer choices again, but as prices rise, they will be more pragmatic and pickier about the house they buy. My advice:
- Price your home realistically. Avoid using lagging price opinions from the internet. They have not seen your home in person!
- Market your home aggressively. NOW is a great time to list before the spring rush hits with more competition. Take advantage of the declining inventory!
Opportunity and Optimism for Buyers:
There’s a trend favoring buyers with prices rising a lot less and even declining last month. Interest rates remain very low and sellers are more negotiable. My advice:
- Beat out other buyers before the Spring rush!
- Hire an agent who’s experienced in buyer’s markets to negotiate price and terms more aggressively in a slightly slower market.
- Trading-up or downsizing has become much easier to negotiate as contingent offers, thus reducing the stress of finding your next home.
My Conclusion:
It’s still a Sellers’ market but now more attractive and balanced for buyers. Even with declining inventory we’ll continue to see price reductions for motivated sellers and increased buying power for buyers in the immediate future.
https://www.samwilsongroup.com/
Thinking of Buying a Home Soon?
If you’re planning to buy a home in the next 6 months, you’ll want a copy of my Free consumer guide, “7 Secrets For Saving Thousands When Financing Your Next Home.” My report will help you avoid frustrations and costly pitfalls when buying a home. Simply call me to get a free copy: 303-526-2606
Word of the Month…
Studies have shown your income and wealth are directly related to the size and depth of your vocabulary. Here is this month’s word, so you can impress your friends (and maybe even fatten your wallet!)…
Gig Economy (gig ee-kon-oh-mee) noun
Meaning: a labor market made up of a sizeable number of short-term jobs and freelance work instead of long-term jobs
Sample Sentence: She made her living in the gig economy by working on freelance writing contracts during the week and driving for a rideshare company on the weekends.
Work Perks
Every employee at Ben & Jerry’s headquarters in Vermont gets three free pints of ice cream for every day they work.
Quotes To Live By…
“Spring is the time of the year when it is summer in the sun and winter in the shade.” –Charles Dickens
“My way of joking is to tell the truth. That’s the funniest joke in the world.”
–Muhammad Ali
“The advantage of growing up with siblings is that you become very good at fractions.” –Robert Brault
4 Big Reasons to Call
Wilson Group Real Estate
versus an average agent
1) TOP DOLLAR
WGRE will get you top dollar for your home!
Our commitment is to maximize your equity
2) YOUR HOME WILL SELL FAST!
We will get your home sold fast. That is not an empty
promise or braggadocio. In hot markets or slow markets;
in every part of town, our selling speed is well known.
3) NO HASSLE
Our unique TEAM approach will get your home sold
- every “i” dotted, every “t” crossed
4) SAFE
With our tack record of results & higher level of training &
experience, your home is much more likely to sell and
sell for more money in less time.
To find out what your home is worth call us today!
https://www.samwilsongroup.com/
Free Consumer Help is Just a Phone Call Away
Learn valuable secrets for saving thousands and avoiding costly mistakes when buying, selling or refinancing a home. Best of all, it’s FREE. Ask about my “Insider’s Free Resources” by calling me at: 303-526-2606
DID YOU KNOW…
Unlike most real estate agents, I DON’T spend my time pestering people with phone calls or bothersome interruptions to find good clients. Instead, I dedicate 110% of my time and energies to providing such outstanding service, people naturally think of me when a friend or family member needs help buying or selling a home. THANKS for your referrals!
Brain Teaser…
I have 13 hearts that never pump.
What am I?
(See page 4 for the answer.)
Real Estate Question?
Maybe you want to know how much your home is worth. Or maybe you just need a recommendation for a handyman, carpet cleaner or plumber…Either way, I love hearing from all of my good friends and clients. And I’m happy to help answer questions you might have about anything relating to real estate or home-ownership.
If you have a question, tip or idea, call me at 303-526-2606. I’m here to help!
Tipping the Scales
In a single day, a cow can vary in weight by 75 pounds!
Bad Math
Q: Why did the geometry teacher take a day off school?
A: Because she sprained her angle!
Online Greeting Card Websites
Never miss another birthday, anniversary, or special occasion.
www.HallmarkEcards.com – A subscription site with hundreds of cards for every occasion from the classic card maker.
www.BlueMountain.com – Brighten someone’s day with greetings from one of the first e-card providers.
www.PaperlessPost.com – Customize cards, and invitations, with photographs and event details.
27 Fix Up Tips to Give You the Competitive Edge When Selling Your Denver Area Home
Because your home may well be your largest asset, selling it is probably one of the most important decisions you will make in your life. And once you have made that decision, you'll want to sell your home for the highest price in the shortest time possible without compromising your sanity. Before you place your home on the market, here's a way to help you to be as prepared as possible.
To assist homesellers, a new industry report has just been released called "27 Valuable Tips That You Should Know to Get Your Home Sold Fast and for Top Dollar." It tackles the important issues you need to know to make your home competitive in today's tough, aggressive marketplace.
Through these 27 tips you will discover how to protect and capitalize on your most important investment, reduce stress, be in control of your situation, and make the best profit possible.
In this report you'll discover how to avoid financial disappointment or worse, a financial disaster when selling your home. Using a common-sense approach, you will get the straight facts about what can make or break the sale of your home.
You owe it to yourself to learn how these important tips will give you the competitive edge to get your home sold fast and for the most amount of money.
Order your free report today. To hear a brief recorded message about how to order your FREE copy of this report call toll-free 1-844-913-7504 and enter 2404. You can call any time, 24 hours a day, 7 days a week.
https://www.samwilsongroup.com/
Are You My Client of the Month?
Every month I choose a very special Client Of The Month. It’s my way of acknowledging good friends and saying “thanks” to those who support me and my business with referrals, word of mouth and repeat business.
This month’s Client Of The Month is: Maxine M.
You might be my next Client Of The Month too! Watch for your name here in an upcoming month.
Thanks For Thinking of Me!
Did you know I can help you or any of your friends or family save time and money when buying or selling a home? Thanks for keeping me in mind with your referrals…and spreading the word about my services.
Brain Teaser Answer:
A deck of cards
All About Butterflies
- Butterflies have four wings.
- The female Queen Alexandra’s birdwing, the world’s largest butterfly, has a wingspan of nearly 10 inches.
- Butterflies use their feet to taste. And moths have a stronger sense of smell than butterflies.
- Monarch butterflies migrate an average of 2,500 miles to find a warmer climate.
THANK YOU for reading my
Service For Life!® newsletter. I wanted to produce a newsletter that has great content and is fun and valuable to you. Your constructive feedback is always welcome.
AND…whether you’re thinking of buying, selling or financing real estate, or just want to stop by and say “Hi,” I’d love to hear from you…
Sam Wilson
Sam Wilson Home Selling Team brokered by eXp Realty
303-526-2606
Disclaimer: The information contained in this letter is intended for informational purposes. It should not substitute as legal, accounting, investment, medical or other professional services advice. Always seek a competent professional for answers to your specific questions. This letter is not intended to solicit real estate properties currently for sale.
Q: What are the top three things I need to do to sell my home?
A: Here’s a list of important things you’ll need to do:
- Set a realistic price. Homes that are over-priced can linger on the market for months, while homes that are priced correctly usually sell faster and for the most money possible. Look at recent listings in your area and their actual sales prices, and visit homes for sale in the neighborhood before deciding on a price.
- Get your home ready to show. Clear out clutter, freshen paint, and clean up landscaping. Remember buyers notice everything!
- Review the promotional plan of a Home Marketing Expert. An experienced REALTOR® can help you sell quickly by advertising your home in more ways than simply creating an MLS description. Plus, they can help you avoid costly mistakes on contracts and disclosures required by law to sell real estate.
Want to learn more? Ask for my Free Consumer Report.
It's called “How To Sell Homes Fast For Top Dollar”
I’ll send a copy right over to you.
Do you have a real estate question you want answered? Call me at
303-526-2606. Perhaps I’ll feature your question in my next issue!
https://www.samwilsongroup.com/
a Starbucks Gift Card ?”
Guess who won last month’s Trivia Question? I’m pleased to announce the lucky winner of last month’s quiz. And the winner is…drum roll please: Meagan L was the first person to correctly answer my quiz question.
Which of these cities were destroyed by a volcano in 79 AD?
a) Pompeii and Atlantis b) Micenum and Mt. Vesuvius
c) Pompeii and Herculaneum d) Micenum and Atlantis
The answer is c) Pompeii and Herculaneum. Mt. Vesuvius erupted and destroyed those two cities along with a few other settlements. So let’s move on to this month’s trivia question.
What was a 1962 Nobel Prize winner the first to do in 2014?
a) Win the Nobel Prize for the same thing b) Compete in the Olympics c) Deny his scientific findings d) Sell his medal
Call Me At 303-526-2606 OR Email Me At [email protected] And You Could Be One Of My Next Winners!