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Denver Market Update

Denver Market Update

Real Estate News – January 2020

Here’s a quick look at the Denver real estate market and what we’re expecting in 2020.

20-second summary:

  • I’ve listed two homes in the $500k range in the last few weeks and both were under contract within 24 hours. I think this year will be as strong as the last 7 years. Why?…..
  • Inventory is still very low for our population.
  • Interest rates are almost absurdly low… I’m talking ~3.5%-4.0%!
  • Denver isn’t anywhere near oversold. There’s no big drop coming, so don’t wait to buy or move up.

Here are the details:

Thank you!

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Testimonials

“Drew Schneider is hands down the best out there. We have hired him for multiple real estate transactions. He is involved and professional during every step of the way. He continues to help you with all your needs and keeps you up to date on the market even after you are settled in to your new home. He is friendly, honest and professional. I recommend him to everyone I know that needs a realtor and will use him for all of our transactions. His experience shows and he has built a solid business.”…

Jerry and Michelle

Drew Schneider advised us through every step necessary to sell our home. His weekly updates kept us abreast of viewings on-line and actual home showings. He was always available whether by text, phone, or email, responding quickly to our concerns and questions. Drew’s positive, easy-going personality helped us relax and embrace the selling process. We would highly recommend Drew whether you’re selling or buying your home!

Mark and Jane M.

“Drew was really helpful throughout our search for a new home. He was very knowledgeable about every area we looked at and his honesty was much appreciated. He was very responsive and set up viewings of homes in a timely manner.”

Nick and Morgan H.

“Drew was very patient with us. We looked at many houses before buying. Drew’s effort got us the right one.”

Ken K.

“Drew made himself available when we were in town for a short period of time to look at properties. He was able to send us listing for review before our visit to the area, honing the list with each of our comments. He stayed with us through the closing process, although it involved a lot of waiting and he had reputable service people for each step of the buying process. He has even kept in touch after the sale.”

Dale and Stephanie P.

“Drew was a referral and we were pleased to say he was the best referral we have had.”

Trudi S.

“Drew has incredible customer service sensibilities. He is very responsive, proactive in anticipating his clients’ needs. This is my first time working with Drew, and I was impressed with his professionalism, good humor, and work ethic in helping me find a house in Denver. He shows great command of the market and the negotiation style needed for a successful bid. I would happily work with Drew again any time. And I intend to refer friends and family his way for their efforts to find a home. “

Tom T.

“We just purchased our second home with Drew and he sold our first time as well. Although Drew hasn’t sold many homes in our previous location (yet), he went out of his way to get to know the area. Drew is very efficient, responsive, and overall a pleasure to work with! This can be a very stressful process and Drew remained calm and confident the entire time. Everything was taken care of quickly and smoothly. I would highly recommend Drew! I honestly don’t think there’s a better agent out th…

Ryan and Lindsey K.

“Drew went above and beyond the call of duty throughout the entire process. If we know of anyone who needs to buy or sell a home, we will definitely recommend Drew!”

Tim and Jen K.

“We currently live out of state and Drew made selling our home easy! He made sure everything was in order, he made sure that we knew everything that was going on and updated us with the progress of inspections, repairs etc. He went above and beyond what he need to. He knew the right price to price our home and we got full asking price!”

Chris and Jessica G.