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May Market Trends Report

Denver-area Home Prices May Be Leveling Off This Summer

From the Denver Metro Association of Realtors:

Compared to the previous month, the metro-Denver residential real estate market experienced increases in virtually every catagory including active listings, new listings, homes under contract, homes sold and closed, and overall sales volume. While the average and median sales were also up in April, it was only a two percent and 1.45 percent increase respectively. 

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To view the entire report, click here...

What To Do In Denver This Month!

May and June are busy months in Denver:

  • Denver ArtStir, May 28-29. An art market exclusively showcasing Colorado Creatives designed to stir up the artist in all of us with a spirited blend of Colorado art, music and style. ArtStir Denver 2016 will be at the Denver Pavilions along the 16th Street Mall in the heart of Downtown Denver over Memorial Day Weekend. Featured works include painting sculpture, photography, illustration, textiles, furnishings, mixed media and more.
  • Red Rocks Amphitheatre is the premier outdoor concert venue in the country. Check out their summer lineup by clicking here.
  • May 28th is Denver Day of Rock. Denver Day of Rock is a free one-of-a-kind music event presented by Amp the Cause to raise awareness of the children in our community. This event will feature five stages of live music throughout downtown Denver.

More Than Just Pretty Plants

By Christine Aebischer

Three premier landscape design companies share what's new in the industry, as well as some of their favorite design practices for creating beautiful, beneficial environments.

While the most common goal of landscape design has always been to create a beautiful outdoor area, today's gardens and landscapes no longer are focused solely on the plants used to fill the space. From artwork to synthetic grass, designers today are incorporating more unexpected elements to enhance their projects.

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Itemize What You're Taking With You

When striking a deal to sell a home, Be sure you are perfectly clear about what you are taking with you and what you are leaving behind.

“Real” property: The general rule is that if something is attached to the structure or the ground, it stays with the house. If removing the item would ruin or disfigure the walls or you need tools to remove it, it generally stays. Legally, these are called fixtures, which include everything permanently attached to the property such as a fence, built-in appliances, ceiling fans, flowerbeds and shrubs.

“Personal” property: If you can disconnect, unhook or detach it with bare hands, it’s free to leave when you do and shouldn’t be assumed as part of the sale. This could be furniture, potted plants, free-standing appliances, outdoor grill, etc.

It’s a good idea to not show your home with anything you’re planning to take. It’s better to replace them. Every agent has a story about a deal falling through due to an argument about what a buyer thought was staying. Walk in each room with your agent and make a list of things that you’ll be taking with you.

However, if you decide to leave curtains, chandeliers or are open to giving up outdoor furniture, it may just help with a sale. Buyers appreciate getting something for free. A savvy agent will hint that fixtures and furnishings are negotiable. Unless they are really important, let them go with the home. Use them to get the price you want and then replace the items in your new home.

By itemizing and discussing items, there will be no miscommunication on closing day.

Kelly Elizabeth Westergren

Broker Associate, Realtor
Kelly@KellyWestergren.com
303-883-4913
www.kellywestergren.com

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