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        <title>Denver Real Estate Blog</title>
        <link>http://www.bruceswedal.com/blog/tags/home-sellers/</link>
        <description>Denver real estate topics including local metro Denver community news and events.</description>
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            <guid>http://www.bruceswedal.com/blog/ready-aim-sell-preparing-your-home-to-sell.html</guid>
            <link>http://www.bruceswedal.com/blog/ready-aim-sell-preparing-your-home-to-sell.html</link>
            <author>bruce@bruceswedal.com (Bruce Swedal)</author>
            <title>Ready, Aim, Sell – Preparing Your Home To Sell</title>
            <description> <![CDATA[ 
(by Rudy Molinet) 

No matter what youre selling, its always a good idea to highlight what sets apart your product from the rest. With home sales, its no different; you need to stand out from the crowd of other properties on the market. If your home is in a development where there are only a few models, it becomes even more important to make your home seem different than the ones the buyers just saw around the corner. 

Make your home stand out from others with fresh paint, new landscaping and the absolute least clutter. 

The cost of a few gallons of paint, some new bushes and a few flats of colorful posies can make all the difference. First impressions are often what sells a house, so take the time to put a new coat of paint on the exterior and line the walkway with pretty annuals. 

The interior should get fresh paint, too, if needed. And a simple off white is the best canvas  it allows your prospective buyers to imagine their own style. 

Youre ready to move? Start moving now! Pack up everything you dont absolutely need and put it in storage. Make your home as uncluttered as possible. You want the buyers to see themselves in their home, and your personal items may distract them. 

Remove books from the bookshelves, family photos, knick knacks and souvenirs. Put all your kitchen appliances in cabinets if there is plenty of room; or better yet, box them away in your storage unit. Counters should be clear. Completely.&nbsp;

Remove as many clothes from your closet as possible. The more sparse the clothes, the more spacious it will look. 

Make sure your home is spotless clean all the time! You want your home to always be ready to be shown. That means keeping the sink clear of dishes and vacuuming more often than usual. When you have advanced notice, you might want to put out fresh flowers and bake cookies. You dont have to serve the cookies to the buyers, but the aroma of vanilla and fresh baked goods is a scent that says &ldquo;Home!&rdquo;

Rely on your Realtor to advise you on any details. And let them know you really want to know the truth. Remember, you both have the same goal  to sell your home as quickly as possible for the most money. 

Rudy Molinet, elected&nbsp;Key West Realtor of the Year for 2010 by the local Realtor Association, specializes in the sale of historic homes and upscale properties in the Old Town district of Key West, Florida.

Read Rudy's blog for inside info on real estate in Key West, Florida
 ]]> </description>
            <pubDate>Wed, 22 Dec 2010 10:42:50 -0700</pubDate>
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            <guid>http://www.bruceswedal.com/blog/the-state-of-the-denver-real-estate-market-october-2009.html</guid>
            <link>http://www.bruceswedal.com/blog/the-state-of-the-denver-real-estate-market-october-2009.html</link>
            <author>bruce@bruceswedal.com (Bruce Swedal)</author>
            <title>The State of the Denver Real Estate Market – October 2009</title>
            <description> <![CDATA[ 
Maybe you have not realized it just yet, but changes are upon us in the local metro Denver real estate market.&nbsp; October, 2009 has set some records in home sales, which on a broader scale indicates a shift in the market to one of recovery and strength.&nbsp; 

During October there were 4,910 home that were placed under contract while the previous record for an October was in 2005 with 4,839 homes.&nbsp; The majority of these sales have been under the $400,000 mark and driven by first time home-buyers.

What caused the crazy market?&nbsp; Well pent up demand from the previous year to start and the $8,000 tax credit to first time home-buyers also helped to push it along.&nbsp; The fact that the tax credit program has been extended and expanded to also include some existing home-owners just indicates that this trend is going to continue into 2010 and open up the higher end markets with existing home-owners taking advantage to move up.

It is said that real estate has a leveraged effect on improving the economy due to every dollar spent on real estate generates another four dollars in the service industries.&nbsp; Think about it because when a family buys a home they also need furniture, garage door openers, landscapers and the list goes on.



&nbsp;Year 

Under Contract&nbsp;

&nbsp;Number of Closings

&nbsp;1990

&nbsp;2069

&nbsp;2294

&nbsp;1991

&nbsp;2520

&nbsp;2364

&nbsp;1992

&nbsp;3215

&nbsp;3054

&nbsp;1993

&nbsp;3093

&nbsp;3348

&nbsp;1994

&nbsp;2439

&nbsp;3279

&nbsp;1995

&nbsp;2300

&nbsp;3186

&nbsp;1996

&nbsp;2842

&nbsp;3197

&nbsp;1997

&nbsp;2961

&nbsp;3578

&nbsp;1998

&nbsp;3528

&nbsp;3795

&nbsp;1999

&nbsp;2830

&nbsp;3824

&nbsp;2000

&nbsp;2821

&nbsp;4499

&nbsp;2001

&nbsp;2076

&nbsp;3882

&nbsp;2002

&nbsp;2306

&nbsp;3931

&nbsp;2003

&nbsp;2285

&nbsp;4292

&nbsp;2004

&nbsp;2731

&nbsp;4443

&nbsp;2005

&nbsp;4839

&nbsp;4174

&nbsp;2006

&nbsp;4715

&nbsp;4133

&nbsp;2007

&nbsp;4645

&nbsp;3848

&nbsp;2008

&nbsp;4504

&nbsp;4282

&nbsp;2009

&nbsp;4910

&nbsp;3958



Another factor to keep in mind during our discussion is that the population base in metro Denver from 1990 through 2007 has increased by 49% while the number of housing units failed to keep pace by only increasing 40%.

These factors have caused a depletion of the inventory in the metro Denver area.&nbsp; The existing home inventory represents the lowest number of homes on the market since October, 2001.&nbsp; That low inventory level and a high buyer demand has also created the highest sales rate since October, 2001 with 5.99% of the inventory of homes being placed on the market each week.&nbsp; That represents a 185% increase over the sales rate in October, 2003.


&nbsp;Year 

Sales Rate %&nbsp;

&nbsp;2001

2.48%

&nbsp;2002

2.24%

&nbsp;2003

2.10%

&nbsp;2004

2.42%

&nbsp;2005

4.26%

&nbsp;2006


3.66%


&nbsp;2007

3.71%&nbsp;

&nbsp;2008

4.50%

&nbsp;2009

5.99%&nbsp;


The number of unsold Denver homes on the market in October, 2009 was 18,945 which represented the lowest level of inventory since at least 2001.



&nbsp;Year 

&nbsp;Unsold Homes #

&nbsp;2001

&nbsp;19,319

&nbsp;2002

&nbsp;23,769

&nbsp;2003

&nbsp;25,181

&nbsp;2004

&nbsp;26,030

&nbsp;2005

&nbsp;26,828

&nbsp;2006

&nbsp;29,722

&nbsp;2007

&nbsp;28,928

&nbsp;2008

&nbsp;23,120

&nbsp;2009

&nbsp;18,945



The meaning behind the numbers is clear and can be seen from clients looking to purchase homes.&nbsp; In many Denver metro areas homes are receiving multiple offers after only days on the market creating competition during the purchase. 
 ]]> </description>
            <pubDate>Mon, 09 Nov 2009 00:06:06 -0700</pubDate>
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