Denver Homes Market Report - Ricky Schoonover REALTOR

In this episode of The Denver Homes Market Report, we discuss a real world scenario where a potential buyer was under the impression Real Estate commissions were negotiated at the time of writing an offer rather than when the listing agreement was signed, prior to the home being placed available for sale. I lost a deal over this potential buyer's father who was trying to get his daughter a good de...

In this episode we talk about Denver Open Media, a local radio station featuring all local artists. We invite you to multiple events held each month on the Arts District on Santa Fe. We also discuss the importance of seeking out your REALTOR early on, long before you are actually ready to buy or sell your home. The importance of building a trusting relationship with your REALTOR will help you when...

In this episode of The Denver Homes Market Report we discuss the sticker shock of the recent property tax bills. We also cover the current Real Estate market trends and just how resilient the market has been in reponse to the rate hikes over this past year and heading into this summer selling season.

Today we celebrate 4 years of The Denver Homes Market Report. Denver's monthly Real Estate podcast. We see the feds signalling the rate hikes are likely done as long as inflation continues coming down. We see the seller's market started balancing out over 2022 and now starting to swing in buyers favor as we move forward.

This is the last episode of season 3 as we look forward to season 4. Today we take a little trip down memory lane on how we started our podcast. We talk about how the feds may need to build better tools to manage our modern economy. I'm not sure just raising the benchmark rates are enough or if this action puts pressure where it's needed most. We talk about how strong the real estate market is hol...

Today, I provide a little personal story about my father who was a cabinet maker and some life lessons I carry on today. We also talk about current interest rates and the current state of the Denver housing market.

In this episode we talk about how it's important for Buyers & Sellers to consider all aspects when it comes to buying or selling a home. Realizing that when one aspect tightens up, such as interest rates, other aspects such as purchase price esse up. Meaning sometimes you may get a better deal overall.

Today we discuss the aggresive rate hikes of the past several months. Hopefully inflation subsides, rate hikes slow and eventually start easing. Let's hope the feds get it right this time.

Today we take a look at the number of homes sold in Nov 2022 as it compares to homes sold in Nov 2021.

A great time to buy or sell a home is when the stars align for you.

It's just as important today as ever, hire a REALTOR who is well rounded and knows what the current buyer pool is negotiating and what current sellers are facing. I serve both sides buyer and represent sellers almost equally.

Many would be homebuyers putting their lives on hold due to, what so far is a very minimal slowdown. We are nowhere near even pre-pandemic numbers, which back then we would say the market was good. We are only at appox 2 months worth of inventory, we need to slow further and get to 4-6 months worth of inventory. A balanced housing market builds trust.

In today's episode we'll learn that pre-pandemic inventory was around 32,000 listings for June 2019, only 16,000 for June 2021 and the same number this year 2022 and what that means in regards to what would be a balanced market.

In this episode we talk about Jumbo home loans and how they are becoming more common here in Denver

Lot's of talk of a market crash but the numbers point to a healthy cycle. Let's hope for 5-6% rates paired with 4-6 months of inventory .

In this episode, we talk about interest rates, low inventory and what might hapoen if the market crashes.

When the mortgage rates rise, the pool of homebuyers shrinks. What will happen to the housing market?

In this episode of The Denver Homes Market Report, we review where the Real Estate market has been, which gives us clues as to where we might be headed into 2022. Buckle up, it's going to be quite a ride.

In this episode we cover the current real estate market. We compare which month was stronger November 2020 or 2021

We go over what the norms are for buyers & sellers to expect in negotiations and how those norms are always changing with the market.

Buyers have low rates and easy money flowing from banks. Seller's have large pools of qualified buyers and government fiscal policy driving home prices through the roof.

Let's take a look at all the homes sold in August 2020 and compare that to how many homes we sold this August of 2021. Which was the stronger month and why?

This month we re-,launch The Denver Homes Market Report. Ricky Schoonover of MODE Denver Real Estate is your host. Every month we recap and compare the sales between this year and last year.

In this episode we talk about trust in the real estate market and why section 29 -The Good Faith Clause for both buyers and sellers is so important to fully understand and adhere to

in this episode, we touch on the low inventory and rates creeping up. But it's always a good time to either buy or sell real estate.