Even though Denver can get up to 20 inches of snow in the winter, it does not hinder people from moving. With planning, you can easily find the home of your dreams and survive the move no matter what the weather brings. Learn tips on home shopping during the coldest months of the year and other Denver real estate news.
Winter Housing Market
The housing market cooled this fall and is likely to level out during the winter. Earlier in the year, home prices were high but over the last few months, have begun to drop. And with an increase in rental prices, many are choosing to make the switch to home ownership. According to The Denver Post’s Denver Home Sales Chill Out in October
, home sales were down versus the past two Octobers. Sellers began to reduce home prices more than in the past to receive a viable offer. Interest rates have potential to rise soon leaving buyers looking to quickly find a new home - potentially saturating the market.
When moving during the winter, it is important to plan. First, talk to the electrical company to make sure the lights are on and utilities will be working when you arrive. It can also be helpful to go to the home the night before the move to bring essentials and food. Next, if it is snowing, have the sidewalks and driveway cleared before your arrival. You can also set up an area in the entry ways of the home with blankets and towels. This will give you a place for you and movers to wipe their feet and set down damp boxes. Last, if you have animals, see if you can find someone to watch them for a day or board them so you do not have to worry about them escaping. For children, see if you can hire a babysitter for the day to drop them off to or at least keep an eye on them if you need them with you.
One of the largest benefits of purchasing a home during the winter is the seller’s market tends to chill out. You have more wiggle room with sellers that are eager to get their house sold. It allows you to find a great home at a lower price. Moving costs may be lower as well, because moving companies are not moving as many people, you may be able to work out a better deal for your move. With the potential for ice and snow, working with movers will help keep your move a safe one.
If you are selling your home during the winter, be sure to read Staging Tips to Help You Sell a Home in Denver
for ideas to get that sold sticker in no time. For a realtor you can count on, trust the experts at Giving Back Group. We are committed to helping you sell your home and find the perfect new one. In addition, we donate 20 percent of our commission to the charity or nonprofit organization of your choice. To get started on your winter home search, call us at 303-881-4881.