As a real estate investor, you know that a large portion of your profits could stem from choosing to sell at the right time. Take advantage of spring rush as home prices have now hit an all-time high!
The temperatures are not the only thing warming up in Denver; so is the real estate market. Information derived from the Denver Metro Association of Realtors is now showing that single family homes and condos within the area are consistently rising. In fact, these prices are in excess of $7,000 higher than they were in the month of February and now average well over $400,000!
As an investor, now is the time to sell! All financially free real estate investors now and understand that a large portion of their income stems from selling at the right place, in the right time. Denver is the place and now is the time.
Originally, it was believed that the unaffordability effect would prove detrimental to the real estate market and the prices would lower, in terms of sales; however, according to Denver real estate news, the opposite has transpired. Inventory is low, which means supply is low; however, demand is super high for homes in Denver. As a result, prices are topping the charts; rather, toppling OVER the charts. If you are in the market for a little cash…well, A LOT of cash…NOW, is the time to sell!
If you specialize in luxury homes as a real estate investor/property manager, you will find that Denver real estate news states that there is an overage in sales on these types of properties. Hundreds of luxury homes have sold for over $1 million each – in a relatively short time during this spring selling season.
There is a huge potential for profit in luxury homes. In fact, many property managers are actually selling all of their single-family homes and/or condos and opting to purchase luxury homes in order to rake in additional profits.
By employing a bit of creativity, this spring selling season can prove to be exceptionally profitable for you.
As a property manager, it is important to know and understand that the real estate market in the region is highly synonymous with low supply and high demand.
According to Denver real estate news articles, now is the time to take advantage of that fact by attaching high prices to your real estate inventory. In just one year, prices have seen a 13% increase. That is amazing news for property managers and investors that are looking to cash in on their real estate inventory.
In order to ensure optimal earnings, it is imperative that you work closely with a property management company. These professionals know where the money is and they work for you. They will ensure that you get the most bang for your buck and will heavily negotiate with those that have an interest in your property.