With the unprecedented growth in the Denver metro area over the past couple years, it was only a matter of time before home prices in the Mile High City jumped over the $500,000 mark. According to
Getting The Most For Your Money In Denver
In a booming housing market like Denver’s you may think good deals are hard to come by, let alone identify. But according to an article from U.S. News and World Report, industry experts here agree there are indeed great deals to be found, it’s just a matter of how hard you want to look for them. Here we’ll covers some tips that can help you navigate the housing situation in Denver and possibly snag the house of your dreams.
Consider pocket neighborhoods
You may have your sights set on popular Denver neighborhoods like Capitol Hill or Cherry Creek, but don’t forget the lesser known areas. With the metro area's population growing quickly, buyers should consider "pocket" neighborhoods, like Athmar Park, Whittier and Skyland, which will soon become Denver's hot spots.
The best way to get an advantage over the competition is to get pre-approved for a loan. You’ll also want to figure out exactly how much you can really afford after factoring in property taxes and repairs.
Buy in the summer
Many buyers take a break from their home search during the summer months, making this time of year ideal for bargain hunters.
Look for treasures in the trash
Properties that come back on the market after falling out of contract often have a stigma around them. In some cases, it can be the fault of the buyer and not the house itself.
Ready to start the search? Contact Metrowest today – we’d love to work with you!
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