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When is the right time to buy or sell a home? While the answer varies by region, every season brings its own perks and downfalls. With the new year soon approaching, some Colorado residents may start considering moving. Here are some of the pros and cons of the Denver real estate market during the holidays. 

Holiday Buying & Selling: What to Consider

Pros

Denver real estateAs a seller, the end of the year could be a great time to list your house. You can expect fewer listings to compete with, making your house a more attractive option. When it comes to staging, your home decorations will make the place warm and welcoming. Another perk is that potential buyers generally aren’t browsing homes for fun during this time of year, meaning you can expect more serious interest. 

If you are a potential buyer, holiday home hunting could help you get a better price. The Denver real estate market is highly competitive, meaning buyers will often place offers above actual value. However, with fewer buyers looking, you won’t have as many bids to beat. 

Cons

During the colder months, sellers may find it harder to find another house to buy before they list their own home for sale since Denver real estate options will be fewer. They should also keep in mind that they may get lower offers than they would in the summer. 

Additionally, there are some inherent challenges for both buyers and sellers moving in the winter, since the cold weather makes it more hazardous to drive large vehicles or carry bulky furniture, and the process may disrupt family gatherings and other holiday events. 

 

No matter the season, Cheri Long of Priority Properties, Inc. is here to help you navigate the Denver real estate market. With 24 years of experience, Cheri knows how to make successful deals. Her no-pressure sales technique keeps clients fully informed so that they can make the decisions that are right for them without being driven into anything hastily. For more information about Cheri and her services, visit her website or call (720) 505-3893. 

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