You Want a Fast Sale—Here's What You Need to Know Alright, let's get real: you want your house sold, and you want it sold fast. But how long is this whole process going to take? To get a solid answer, your best move is to work with a local real estate agent who knows their stuff. Here’s the deal: I know exactly how fast homes are flying off the market in your area and what’s impacting those timelines. I'll set you up with realistic expectations and help you craft a plan that's tailored to today’s market. Here's a quick dive into one of the key factors I’ll walk you through—how the supply of homes for sale affects your timeline. The Growing Supply of Homes for Sale Lately, there’s been an uptick in the number of homes for sale. This is good news for you because it means more options when you’re house hunting. But it also means buyers have more choices, so if your house doesn’t stand out, it might take a bit longer to sell. Available inventory consists of new listings (homes just put on the market) and active listings (homes that have been on the market but haven’t sold yet). Data from Realtor.com shows that much of the recent growth is from these active listings that are lingering. How It’s Impacting Listings Today Think of the housing market like a bakery. Fresh loaves of bread (new listings) are always the hottest items. But if a loaf sits too long, it gets stale, and fewer people want it. The same goes for homes. New listings are the most sought-after. But if a home isn’t priced right, doesn’t show well, or lacks an effective sales strategy, it can sit on the market and become less appealing to buyers over time. I'll Help Your House Stand Out and Sell Quickly Timing is everything. You want this process to move fast. As your agent, I’ll ensure your listing stays fresh and doesn’t sit around long enough to go stale. According to the National Association of Realtors (NAR): “Home sellers without an agent are nearly twice as likely to say they didn’t accept an offer for at least three months; 53% of sellers who used an agent say they accepted an offer within a month of listing their home.” I’ll factor the recent inventory growth into my plan and create a customized selling strategy for your house. Since the supply of homes varies by area, I’ll provide insights into your local market, help you price your home correctly, and design a marketing plan that gets your home noticed. Don't let your listing get stale—reach out to me today to make sure your listing is fresh and appealing from the start. It makes a big difference. Bottom Line If you want your house to sell fast, work with a pro. Connect with me, Adam Gillespie, your no-bs local real estate expert who understands current market trends and knows how to build a strategy around them. Let’s get your house sold quickly and effectively. Feel free to hit me up at 720-789-4658 or adamgillespie303@gmail.com. Let’s get your house sold!

Ways Your Home Equity Can Help You Reach Your Goals: A Denver Metro Perspective If you've been a homeowner for a while, there's this cool thing you gotta know more about – home equity. Now, in case you're scratching your head wondering what that is, let me break it down for you. Freddie Mac puts it simply: home equity is the difference between your home's worth and what you owe on your mortgage. So, as you chip away at that home loan and property values go up, your equity climbs too. But let me tell you, the Denver Metro area's been a real rollercoaster lately. Even though house prices dipped a bit last year, they've been making a comeback. In 2019, the median price for a house here was $420,000, but now? It's a different story. We're talking about some serious growth! Selma Hepp, the brainy Chief Economist at CoreLogic, chimes in with some numbers that'll knock your socks off. Homeowners are seeing their equity hit new highs, recovering from last year's slips. On average, U.S. homeowners gained over $20,000 in equity just in the last year! And in some markets, the numbers are even more impressive. But hang on, it's not just about last year. The average homeowner sitting on a mortgage is looking at over $300,000 in equity. That's a lot of dough to play with! So, what can you do with all this equity? Here are a few ideas: Buy a Home That Fits Your Needs: Whether you're bursting at the seams in a small place or rattling around in a big one, your home equity can be your ticket to a new pad that's just right for you. Reinvest in Your Current Home: If moving isn't your jam, consider using that equity to give your current place a facelift. But hey, talk to a real estate pro (like yours truly) about which upgrades will get you the biggest bang for your buck when it's time to sell. Pursue Personal Ambitions: Dreaming of starting a business, retiring in style, or maybe hitting the books again? Your home equity could be the launchpad for those dreams. Just remember, we're talking about responsible spending here. Stay Ahead of Foreclosure: It's tough out there, and some folks are facing foreclosure. If that's you, knowing your options and understanding how your equity can be a safety net is crucial. Bottom Line: Curious about your equity? Hit me up! I'll walk you through a professional equity assessment and show you how you can use it to nail those life goals. And remember, in the ever-changing Denver Metro market, staying informed is key. Whether it's understanding the recent shifts in interest rates or navigating the complexities of the housing market, I've got your back. So, let's chat – I'm here to help you make the most of your real estate journey. Let's do this!