Call me right now at 303-526-2606 and ask for my Free Consumer Guide to homeowner profits titled, “Make Your Home Show Like A Model Without Breaking The Bank”…
July 2020
Sam Wilson's...
Denver Area Real Estate News
"The Truth About Denver Area Real Estate"
July Market Story
Headline:
Fascinating! And if there was a word for resilience stronger than the word resilience, I’d use it here! Amid a Pandemic, sales are only down 4% vs 2019 and PRICES ARE UP 2%! The key drivers are record-low interest rates and an extreme inventory shortage.
The Facts:
Source: see the full detailed Market Trends Report at https://bit.ly/DMAR07_20
- Number of homes listed for sale in June (inventory) was 6383 which is DOWN 33% vs. June 2019, but up 11% vs last month.
- Days on Market remained at 24 days, which is very fast.
- Unit sales are UP 57.3% vs last month, and down only 4.1% vs last year.
- Average prices are UP 3.1% over last month, and down 2.1% over last year.
Opportunity and Optimism for Sellers:
Clearly a seller’s market THE TIME TO SELL IS NOW, RIGHT NOW! Buyers have a limited number of choices and will have to be less picky. We’re seeing more bidding wars again, especially under $600,000. My advice:
- Price your home realistically and let the market demand drive it up. Avoid using lagging price opinions from the internet. They cannot see your home and have no idea how changing demand will affect pricing!
- Now is the best time to list and sell ahead of the trends that may result in more competition and less buyers later this summer and into the fall.
Opportunity and Optimism for Buyers:
Take advantage of your increased affordability and buying power with record low interest rates! My advice:
- Hire an agent experienced with negotiating in a strong seller’s
- There will be bidding wars in the affordable price ranges. The lower the price the higher the bids! Learn how to win without being the highest offer. (ask me ????)
- Negotiating contingent offers has become much easier, thus reducing the stress of finding your next home while selling your current one.
My Conclusion:
It’s a Sellers’ market, inventory is low AND interest rates are low. Thus, prices are increasing and will for the foreseeable future. This is one of the few times I’ve ever said: SELLERS SHOULD LIST NOW AND BUYERS SHOULD BUY NOW! This is a rare window of opportunity and optimism for EVERYONE.
https://www.samwilsongroup.com/
Save Thousands When Buying A Home...
Did you know there’s a free consumer report revealing ways to save time and money when buying a home? It’s called “8 Secrets For Saving Thousands When Finding and Buying Your Next Home,” and it’s great even if you’re not planning to buy soon. Get your free copy by calling me at…
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!)…
SEO – search engine optimization (ess-ee-oh) noun
Meaning: Tech-speak for technique that improves the ranking for search engine results and maximizes visitors to a website.
Sample Sentence: This blog post needs to be optimized for SEO.
Plants That Repel Pests
Did you know that grouping certain plants together both repels certain insects and optimizes the growth of the fruit or vegetable?
- Plant basil with tomatoes to enhance their flavor and repel bugs.
- Cabbage grows well with other brassica (broccoli, collards, brussels sprouts). Plant with onions or aromatic herbs, like thyme and hyssop, to repel the cabbage butterfly.
- Plant carrots with onions to repel pests including rabbits!
- Marigolds repel many pests like whiteflies, but choose the scented ones. They also encourage pollinators to visit and are beautiful additions to any garden.
Have A Laugh...
Q: What does the educated owl say?
A: Whom!
Quotes To Live By…
“When the power of love overcomes the love of power the world will know peace.” –Jimi Hendrix
“Act as if what you do makes a difference. IT DOES.”
–William James, philosopher
“When you have a dream, you’ve got to grab it and never let go.”
–Carol Burnett
Having a garage sale is a great way to make a few extra bucks and clear clutter that you no longer use. However, if you don’t price your items right, you could either lose money or be left with the junk you want to get rid of. Check out these “dos and don’ts” of garage sale pricing:
- Research items that might be valuable before the sale: search for items on eBay to ensure you’re not underpricing.
- Price items individually before the sale starts — see what items you can group together like a set of chairs, or books, but otherwise price individually. Here are some ideas for prices: clothes sell between $3-$5 an item and $1-3 for kids’ clothes; shoes are $3-$7; books sell for 25-50 cents for paperbacks or $1-2 for hardcovers; records sell for $2 each; and toys and games $1-3 depending on condition.
- Decide on prices using a fair market value, not what you paid for them.
- Use low-tack stickers so that signs don’t blow away, but you can still remove them without making a mark. But don’t use stickers on albums or collectable magazines. Instead, use painters’ tape.
- Don’t hesitate when a buyer asks the price. Be firm but be open to negotiation. If their offer is too low, don’t be afraid to say no.
Check out Sam’s
and Lakewood Colorado Real Estate pages.
Share this information with friends and others you know who might be looking to buy or sell in Jefferson County or Lakewood, Colorado.
https://www.samwilsongroup.com/
Would You Like To Know How Much
Your Neighbor's Home Listed Or Sold For?
Maybe you’re just curious. Or maybe you want to know how much your home is worth. Either way, I can help…
with no “sales pitches” or run-arounds.
Call me at 303-526-2606 and I'll give you all the facts.
Brain Teaser…
I have keys, but no locks. I have space, but no room. You can enter, but you can’t go outside. 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!
Ants Be Gone
As summer approaches ants come out of hiding and usually start to make their way inside. You can repel them with this simple solution: mix 1 cup of water, 4 oz Dr. Bronner’s peppermint castile soap and 10 drops of eucalyptus essential oil to a spray bottle and spray along door frames, baseboards.
Boxes For YOU
During stressful times it can be challenging to carve out time for yourself. These subscription boxes take the hassle out of making time for yourself by providing fun and caring activities for you.
www.mytherabox.com – This subscription box was designed by a therapist to help boost brain power and create a happier life.
www.thegoloveyourselfbox.com – This box is designed to be a monthly reminder to spend time on you. Each box comes with a self-help book, self-care items, a monthly magazine, self-coaching workbook plus lots more.
www.shophyggebox.com – Each box contains seasonal items focused on helping you feel cozy and relaxed. Think: hot chocolate, tea, candles, home décor, and fairy lights.
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: Ms. Benson
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 computer keyboard
Grapes Are A Fire Hazard
Did you know that if you put grapes in the microwave they will light on fire? In 2011, a scientist at the University of Sydney recorded the fiery fruit in the microwave — the video went viral.
A later study, published in the Proceedings of the National Academy of Sciences in March 2019, found that the fireballs occur when loose electrons and ions cluster to form plasma when grapes become hot. Also—please don't try this at home!
Close Those Apps
Did you know you can close three iPhone apps in one go? Double-click the home button to show which apps are running, then swipe up, touching three app windows with three fingers to close them.
THANK YOU for reading my
Service For Life!® personal 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: How do I set the right price to sell my home?
A: Like many home sellers, you might have a price in mind that is too high. You need the knowledge of a REALTOR® to give you a more realistic opinion. Here’s what you should do:
- Ask your REALTOR® for a “total market overview.” What’s happening in general in the economy and the real estate market?
- Get the facts for your neighborhood. What homes have or haven’t sold in the last 6-12 months, and did the sales include short sales or foreclosures?
- Work with your REALTOR® to set the right price from the start. If you start too high, you may keep buyers away. If you lower your price in increments, it may be too late. Timing is key and buyers may already have purchased another home.
Would you like more information on selling your home? Call and ask for my Free Consumer Report called “6 Steps For Selling Your Home For TOP DOLLAR.” I’ll send a copy right 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: Brent was the first person to correctly answer my quiz question.
What Broadway rock opera is based on Puccini’s “Bohème?”
a) Tommy b) The Wall
c) American Idiot d) Rent.
The answer is d) Rent. The show is the story of struggling artists living in Lower Manhattan's East Village. So let’s move on to this month’s trivia question.
Which of these activities are not part of a decathlon?
a) hammer throw b) high jump
c) 110-meter hurdles d) 1500-meter run
Call Me At 303-526-2606 OR Email Me At [email protected] And You Could Be One Of My Next Winners!