Archives for February 2016

DENVER REAL ESTATE MARKET WHAT TO EXPECT IN 2016

Home Price Up PicWhether you are happy with your current home and have no desire to look into a move, or you are renting and looking to buy; we’re sure by now you’ve had some sort of conversation or experience around Denver‘s INSANE real estate market these days.  Last year in 2015 the Denver area real estate market saw about an 11% increase in home prices, and 2016 is likely to continue with higher home prices or even rise above.  There are several factors that lead up to this “hot market”, which have all come together to bring some home buyers to their boiling point.

  1. Denver remains one of the nation’s fastest growing “destination cities”.
  2. Denver’s home owners are staying in their homes for an average of 10 years these days, 4 years longer than the average previously.
  3. The short sale and foreclosure crisis is pretty much over, as a whole Coloradans are more able to afford and stay in their homes due to better economic conditions and changes in lending laws.
  4. Denver is experiencing record breaking low inventories, and both the rental and purchase housing market are coming up drastically short.

Is buying a home likely to be impossible in 2016?  No, but the Denver real estate market is going to be another competitive scene this year.  Overall it is still going to be cheaper to purchase this year rather than continuing to rent, so it’s still better financially to stop paying a landlord and buy.  Experts suggest that we will be seeing some changes in 2016.  The economy nationwide is improving year-over-year which means the Feds are likely to raise interest rates at least once this year, maybe twice, ranging in the low to mid 4 percentile.  New and incoming residents to Denver are likely to continue making both the rental and real estate market thrive, but home owners are likely to continue to stay put with more affordable than ever mortgage payments.

Give yourself the advantage as a home buyer this year.  Make sure that you have a knowledgeable Realtor in your corner, in fact interview several and don’t be afraid to ask those hard questions like: how will they make sure they are available to meet you for showings, what can they offer you as a Realtor that others cannot, lastly ask them for references and credentials to prove their worth.  Speak with a lender before you start shopping, this way you have your pre-approval letter and purchase price established.

Tatyana Sturm and The Storck Team have over 10 years experience in AuroraCentennial, and Parker real estate and have helped buyers in many different walks of life with finding their new home from the first time home buyer to seasoned investors all across Colorado.  We have a true passion around finding you the best home for your lifestyle.  Please call or text The Storck Team at (720) 350-5909 or email us at thestorckteam@exitrealtydtc.com to start your home buying process with a knowledgeable and trustworthy real estate professional.

Source: “What May Happen to the Denver Housing Market in 2016” 9News

 

Happy Clients with The Storck Team!

44th FrontVery, very thrilled for this family and friend!  The Storck Team would like to give a shout out to our most recent home buyer!  We were lucky to help this lovely family move into a larger home, and here is what they have to say of their experience with us!

“Aaron, Tatyana, and Meagan were great to work with and very knowledgeable; any questions we had were answered. They went the extra mile to make sure we were able to get the most out of our home buying experience. Also, when any issues arose they worked hard to get everything taken care of as soon as possible. Highly recommended!”

Tatyana Sturm and The Storck Team have been honored to serve the AuroraCentennial, and Parker real estate communities as the top 1% of Denver Realtors and recipient of the 5280 5-Star Award since 2010.  We provide professional photography, video, and staging to our sellers.  Our sellers make an average of $5,000 more on their homes and go under contract in an average of 5 days.  We price it right the first time!  Call or text Tatyana Sturm with The Storck Team today for your FREE home valuation at (720) 350-5909.

 

Denver FREE Days February 2016

Free Day

Many of Denver’s best attractions are offering the public to enjoy their facilities FREE of charge during the month of February.  Especially while the weather is still cool, we are super thankful to have these opportunities to keep busy!

Children’s Museum of Denver – February 2nd (4-8 PM)
Denver Botanic Gardens Chatfield – February 2nd (All Day)
Denver Art Museum – February 6th (All Day, kids 18 and under are FREE all day and every day)
Denver Firefighters Museum – February 6th (All Day)
Denver Museum of Nature and Science – February 7th (All Day)
Denver Botanic Gardens – February 15th (All Day)
Denver Zoo – February 18th (All Day)
Clyfford Still Museum – February 26th (All Day, also FREE every Friday from 5-8 PM)

Not FREE but pretty darn close……  The Butterfly Pavilion is offering one of their $5 Days this month, February 20th!

Get a FREE Pass!
Your local library may offer a FREE Pass Coupon as part of membership to places like The Butterfly Pavilion, History Colorado, and many more!  Make sure to ask your librarian the next time you are exchanging your books.

Tatyana Sturm-StorckTatyana Sturm and The Storck Team have been honored to serve the AuroraCentennial, and Parker real estate communities as the top 1% of Denver Realtors and recipient of the 5280 5-Star Award since 2010.  We provide professional photography, video, and staging to our sellers.  Our sellers make an average of $5,000 more on their homes and go under contract in an average of 5 days.  We price it right the first time!  Call or text Tatyana Sturm with The Storck Team today for your FREE home valuation at (720) 350-5909.

Credit: Debbie’s Deals from Channel 7 News

 


Tatyana:
Aaron: 720-273-7419
Exit Realty


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