Are you ready to experience a Rocky Mountain High but you know nothing about the Colorado real estate market? Learn when the best time to buy a home in Colorado is. Learn how a buyer’s agent will look after your best interests when purchasing a home.
Do you view yourself as a smart shopper? Do you tend to start conversations by asking, “guess how much I paid for this?” Do you keep track of every penny and know the price of everything you buy? Do you use coupon codes, store points, and price matching deals everywhere you shop?
We all love getting good deals. Just like there are ideal times for getting price reductions on seasonal items, there are also perfect times to make an offer on a house. The tricky part is that ideal time differs from state to state.
You may know when it is the best time to purchase winter coats or deck furniture, but do you know anything about the real estate market in Colorado?
When you are in search of a new home, you need to think like a savvy shopper, and a savvy shopper will use every resource available to get a good deal. That’s why when you plan to buy a house in Colorado, you need to find an expert to help you navigate through the fluctuating real estate market. Lucky for you, we know where to find one.
Because when it comes to buying a house, timing is everything, and you need to have an expert negotiator on your side.
When is the best time to purchase a house in Colorado? Read on to discover what the stats say regarding this issue. You will also learn how to find an expert in the Colorado housing market to help you with this decision.
The Best Time of Year to Buy in Colorado
Many residents of Colorado find themselves in a unique situation when putting their homes on the market. Since much of the mountainous region of the state is snow covered throughout late fall, winter, and early spring that means that the real estate season is relatively short.
As soon as the snow thaws, the Colorado rivers, creeks, and housing market begin to flood. March, April, and May are the most competitive months on the market. There are also plenty of buyers to bid against each other for those properties in the late spring months.
So when is the best time to buy a home in Colorado? If you can be patient for a few months, the time when Colorado buyers tend to receive the most discounts is June, July, and August.
Coloradans want to be settled in their new homes before winter hits, and since many homes are near the mountains, the beginning of winter weather is somewhat unpredictable.
The Best Places to Buy a Home in Colorado
The area surrounding Denver remains to be a favorite spot to live in Colorado. With the mountains at your back door and lots of career opportunities, it is not surprising that the Denver area continues to grow.
Where, precisely, should you look? Of course, your best option is to spend some time in cities, towns, and neighborhoods in Colorado to see which ones feel the best to you and your family. It would also be prudent to talk with local real estate agents to learn where you can make the best real estate investment.
Here are five popular areas you may want to consider.
Located in suburban Denver, Holly Hills offers excellent public schools in a suburban setting. There are plenty of coffee houses and restaurants, and over 90% of the residents own their own homes.
Pine Brook Hill
One of the only spots on this list that is not around Denver, Pine Brook Hill is located in Boulder County. The schools are highly rated, and most of the residents own their own homes.
South Park Hill
South Park Hill is a neighborhood in Denver. It is family oriented with good public schools. It has an urban feel, but most people own their own homes.
Wellshire is another neighborhood in Denver that has earned a lot of attention. The residents love the amenities that the area offers while at the same time love having sizeable natural recreation areas within driving distance.
The name says it all. Superior, a suburb of Denver has a population of a little less than 13,000. There are plenty of restaurants, theaters, and malls to fulfill your shopping and entertainment needs.
4 Ways to Get a Great Deal On a Home in Colorado
1. Find a Great Colorado Real Estate Agent:
You may be an expert in many things, but chances are you don’t know much about the real estate market in Colorado. Find someone who does know the area and will work for you as your buyer’s agent. Find someone with premier negotiation skills who will look out for your best interests.
2. Assess Your Needs and Lay Out Your Goals:
Your buyer’s agent will assess your needs and ask you the right questions to help you narrow down where you would like to live in the Colorado area. He or she may suggest certain areas based on your financial situation.
Do you want to live close to a downtown area? Do you want to live in a place with excellent public schools? Do you want to live in a quiet community that is away from the hubbub of the city? Your buyer’s agent will help you find the perfect location.
3. Find a Lender and Secure Financing:
Your agent can help you evaluate your current financial situation and help you find a financing option that works for you. If you are in a hurry to get into your new home in Colorado, reach out to a buyer’s agent. The closing process typically takes 30 days or more.
Your buying agent may also be able to help determine if you are eligible for a home buyer rebate.
4. Negotiate for the Best Possible Price:
Once you’ve chosen your dream property, your agent will help you make and submit an offer. They will then negotiate with the owner again following the home inspection to ensure you’re getting the best deal possible.
Are you ready to take the first step to move to Colorado? Fill out this online form, and a Clever representative will be in touch to answer any questions you may have and connect you with a local Partner Agent for a no-obligation consultation.
Take that first step and find an expert in the industry to help you with your purchase.