14033 Summer Bay Lane, Broomfield – McKay Landing

**NEW LISTING** 14033 Summer Bay Lane, Broomfield. Beautiful 2 story home in McKay Landing offered at $489,990. 4 beds, Study, unfinished basement with room to grow. For a showing call today: 720-404-0502

Lexie White Team
Cherry Creek Properties, LLC
North Area Specialists

Denver Buyers, Don’t give up!

I feel like this current real estate market in Denver takes just as much persistence and patience by the Realtor and Buyer as the market in 2008.

Current market:
-Low inventory – 3,500 houses on market
-Can take up to a year before buyers get under contract
-Takes buyers 9-10 offers before they get under contract
-Contracts terminate at inspection because sellers won’t fix anything
-Offers don’t get accepted because buyers were not able to offer enough.
-It’s worth buying in this market due to the low interest rates.

2008 market:
-High inventory – 45,000 houses on market
-Buyers would take up to a year to look at homes because there were so many!
-Buyers would write 9-10 offers before they got the best deal accepted
-Contracts terminate at inspection because sellers could not afford to fix anything
-Offers didn’t get accepted because the buyers offered too low.
-It was worth buying homes in this market due to the prices.

So my point is, be patient. Don’t get discouraged, it will happen for you buyers!

Lexie White – Real Estate Team
‪#‎DenverRealEstate‬, ‪#‎LexieWhiteTeam‬


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