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Denver Market Update

Denver Market Update

Real Estate News – August 2020

Here’s a quick summary of the Denver real estate market:

  • Despite the headlines, prices have not increased 10% this year. It’s a “mix” issue, with more higher priced homes selling than lower priced homes. Look for the “sky is falling” headline once lower end homes start outselling higher end homes.
  • Inventory overall is still very low which equates to a continued sellers market.
  • There may be no better time to move up to a more expensive home because…
  • Interest rates are still ridiculous… ~2.75% – 3.25%. If you haven’t refinanced yet, give us a call to discuss.

Here are the details:

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Testimonials

“I can’t imagine selling any property without Drew at the helm. He is a captain of real estate. He knows every nuance of the business and communicates it well.”

Sandie J.

“Drew came highly recommended to us by a number of friends and he certainly lives up to them. He is incredibly pleasant to work with, helpful and made our first time home buying experience a great one. Most importantly Drew provided counsel when we needed it that proved invaluable. Drew is an A++ Realtor. We will be recommending him to anyone we hear beginning their home buying process.”

Jared and J’Lesa B.

“This was our second transaction with Drew. He is extremely knowledgeable and professional. He kept us informed every step of the way. He streamlined the process so our stress level was greatly reduced. We will be using his expertise again and would recommend him highly.”

Dawn and Roy F.

“Drew sold our house at the speed of light for the price we were asking for. He did a terrific job seeing the sale through especially since we were out of state. I would recommend Drew without hesitation to anyone looking to sell or purchase a home.”

Pierre and Dawn S.

“Drew did an awesome job with the sale and purchase of our old and new homes. He was always available and I would recommend him to anyone looking for a real estate agent.”

Tara and Greg A.

“Drew is phenomenal. I couldn’t have asked for a better agent, nor a better outcome! We stuck to the list price, and Drew had me under contract within a couple of days. Drew’s knowledgeable, super-organized, and confident… we never considered lower offers. I would recommend Drew to anyone who needs an absolute pro—plus he’s a joy to work with!”

Robin B.

“Drew was our Realtor in 2008 when we sold our home. We were very impressed by his knowledge of the market and honesty. This is why we asked Drew to help us in our search for a home this year. My wife and I had very specific criteria for a home. In his introductory paperwork that he provides you when starting a search, he states that he is willing to help you as long as it takes to find the perfect home. Well, he lived up to this statement! Drew was patient and willing to look at all the homes… Read more

Eli and Letty M.

“Drew Schneider is amazing at what he does. He has an amazing depth of knowledge about real estate and is also skilled in being able to translate all that knowledge into understandable terms for first time home buyers like us. He is professional, fun, and someone I am very glad I get to know. I will absolutely use Drew again for all future home purchases.”

Kyle and Molly S.

“Drew assisted us in both selling and buying our homes. He successfully guided us in understanding market conditions, promptly answering our questions, secured resources for home improvements and most importantly sold our home! He is a consummate professional.”

Keith and Stephanie K.

“Drew is the most professional and kind agent. He made my whole transaction a joy. I never knew when and if there was a problem because Drew took care of it.”

Ann G.