Real Estate Advice

When will the housing deals start in Denver?

When will the housing deals start in Denver? I will try to answer this with some predictions for the next year.

First, we'll take a look at the real estate market in Denver from a historical perspective. Next, we'll look at the current state of the Denver real estate market which should lay a foundation for a reasonable guess of what may happen in the future.

Looking Back

Historical housing numbers


The Denver real estate market has been experiencing extreme price appreciation for the last decade. The average home price in Denver has increased by 218% from 2012 to 2021. That averages to around 24% appreciation, per year, for that timeframe. So, why did that happen?...

New Decade, New Trends in Real Estate

Extended time at home because of the Corona Virus has us exploring home upgrades and renovation. Simple upgrades that increase happiness and value have been the focus as of late. 

Now let's take a look at how styles are changing as we head into the third decade of the millennia. Keeping up with current style trends and making incremental upgrades ensures that you don’t find yourself in decades old home. Outdated homes take longer to sell and sell for considerably less than their updated counterparts. Secondly, keeping your home updated adds joy to your life, it's a simple fact! 

So, let’s dive into the design trends in real estate that are making a splash in 2020....

Easy Upgrades that Spark Joy for Buyers and Yourself

Happy House Happy Life

The Denver real estate market is scorching hot right now. My opinion on why this is happening is outlined in this article: Why hasn't COVID 19 slowed the Denver Real Estate Market? With a market this hot, as an owner/seller you might tell yourself - buyers will love my home regardless! While this certainly may be true, some strategic upgrades can increase your odds while creating a tidal wave of joy for yourself.

I often see sellers really start considering improvements right around the time they go to sell. This is {nuts emoji}. What if I could convince you that some simple upgrades could spark...

Why hasn't COVID 19 slowed the Denver Real Estate Market?

Why is it so hard to buy a house

With unemployment sitting at around 10.5% in Colorado right now, COVID-19 spiking in many places across the United States and the national news fixated on a stagnant economy, why is it so difficult to buy a house in Denver right now?

You may be asking yourself this very question. All economic indicators should have buyers pausing purchase decisions. Uncertainty about the future has traditionally caused real estate markets to slow down. But this time is different. Why is that?

I have a few ideas on what might be fueling the demand for real estate in the Denver market right now.

First of all, It is extremely cheap to borrow money. Interest rates sit at 3.14% for a 30-year and 2.66% for a 15-year fixed-rate mortgage. ...

Add Value To Your Home With These 9 DIY Improvements

Add home value

Add Value To Your Home With These 9 DIY Improvements

Whether you’re prepping your house to go on the market or looking for ways to maximize its long-term appreciation, these nine home improvement projects are great ways to add function, beauty, and real value to your home.

The best part is, once you’ve secured the materials, most of these renovations can be completed over the course of a weekend. And they don’t require a lot of specialized skills or experience. So grab your toolbox, then get ready to boost your home’s appeal AND investment potential!

1. Spruce Up Your Landscaping

Landscaping improvements can increase...

Denver Real Estate and the Stay-At-Home Order: Your Questions Answered

Coronavirus, Stay-at-Home Order and Real Estate: Your Questions Answered

In these unprecedented times, we know many Denver real estate buyers and sellers are wondering what to do. The Neir Team is here to answer your questions based on policies and procedures developed by Kentwood City Properties. Below are some of the most common inquiries received by The Neir Team. If your question is not on this list, please give us a call (phone numbers below).

What does this mean for my current listing?

Your home is still posted on our various online channels and the MLS. Buyers typically first learn of a home online. The Neir Team clients benefit from our extensive digital marketing expertise -- we will make sure yours stands out among the rest.

The Neir Team,...

Q4 2019 Denver Real Estate Market Update

Q4 2019 Denver Real Estate Market Update.

Hey everybody, I’ve got your Q4 2019 Denver real estate market update. How did 2019 compare to previous years? Also, strategies and predictions for what’s going to happen in 2020.

We’re talking about the Denver real estate market today. First of all huge shout out to Megan Aller with first American title. She is the amazing statistician that has compiled all of this data and made it actionable for us.

Four things I want to cover today.

Number 1: let’s check in on the inventory in our market as it’s the huge driver for the price appreciation that we continue to see.

...

Everything You Need to Know About iBuyers and the “Instant Cash Offer”

Is a cash offer in your best interest

Technology is changing the way we do almost everything, and real estate transactions are no exception. In fact, a new crop of tech companies wants to revolutionize the way we buy and sell homes.

iBuyer startups like Opendoor, Offerpad, and Properly are rapidly expanding into new territories, and now established players, like Zillow, are starting to get in on the action. Also known as Direct Buyers, these companies use computer algorithms to provide sellers with a quick cash offer to buy their home.

While the actual market share of iBuyers remains small, their big advertising budgets have helped create a noticeable buzz in the industry. This has left many of our clients curious about them and how they work.

...

Will Your Remodel Pay Off? The Best (and Worst) Ways to Spend Your Budget

Renovations that work

Most homeowners have something about their property that they want to change. And as needs and design trends shift over time, many will eventually choose to remodel. Some homeowners make updates to their property before listing it to maximize their potential sales revenue.

Whatever your reasons are for taking on a home improvement project, it’s wise to consider how the money you invest will impact your home’s value.

We’ve taken a look at six popular home renovations and identified those that—on average—have the best and worst returns on investment. So before you lift a hammer or hire a contractor, take a look at this list and see if your remodeling efforts will reward you when it comes time to sell.

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Why investment properties make so much cents!

How to succeed at real estate investment

I was fortunate enough to get into the real estate game early. Much earlier than becoming a broker. I had the good fortune of having Mike Jensen, the Ft Collins real estate mogul, as my roommate in college. Mike was in my ear a lot about investing in real estate. He encouraged me to secure a first-time home buyer loan through a local credit union. I had no credit so my father agreed to co-sign. I bought my first investment property in Fort Collins in 1995 with only $3600. 

This decision kicked off an incredible real estate education through the act of doing. I would like to share my lessons with you.

Lesson 1 - Other peoples monry...