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Home Buyers Tips for a Fast Moving Real Estate Market

April 13th, 2014 | Written by | Castle Rock Real Estate, Homes for sale, Market Reports for Parker Colorado

In Parker Colorado new real estate listings are not keeping up with the home buyer’s appetites.

Home buyers be prepared for a shortage of listing inventory in Parker CO. Here are a few quick tips.

Over the past 7 days in Parker, CO there have been 64 new listings hit the market, 84 homes went under contract and 40 sold and closed. This is a fast paced market and you better be prepared when you decide to jump in. Home buyers are missing great opportunities by not being prepared. It’s not their fault. They have done the research and even visited a lender to get a pre-approval letter. It still isn’t enough to get that house you have been dreaming of and waiting on for the past few years.

Helpful Home buying tips

Helpful home buying tips

Tips: How to guarantee success when buying a home in a fast paced real estate market.

  1. Have a plan. Sound silly but it’s true. If you don’t really know what you hope to achieve then how can you possibly achieve anything?
  2. Get more than a pre-approval. I have access to lenders that will have you fully approved before we start shopping for homes. This alone will bump you ahead of other potential buyers.
  3. Hire a Realtor that has actually worked in this type of market before. If your Realtor is new to the market they don’t know the ins and outs of how to write an offer that will get the seller’s attention. Have a Realtor that knows the area and values so you don’t waste time on homes that don;t even deserve your consideration.
  4. Finally and most importantly don’t be afraid to write the offer when you find the right house. Being slow to act in this market will certainly cost you your dream home.

Do you need help or have questions about how to navigate this crazy real estate market? Call me and I will be happy to walk you through the process or just answer a few questions. 303-941-4663.  Steven Beam – Real estate broker in Parker, Colorado. 

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Steven Beam, Realtor, CRS
303-941-4663
18551 E. Mainstreet Suite 2-A
Parker, CO 80134
Parker Colorado Real Estate

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