#513: Why Denver's 75% Inventory Surge Is a Huge Opportunity

Curious how the Colorado real estate market is suddenly favoring buyers? Denver has seen a staggering 75% increase in active listings year-over-year, shifting the balance significantly. Despite a modest 3.3% annual rise in home prices, a 0.75% month-over-month decline hints at potential price drops if interest rates stay high. Buyers now wield more negotiating power, with sellers offering concessions like interest rate buy-downs and closing cost coverage. Featuring house hacking expert Jeff White and investor-friendly lender Troy, Howell this episode provides game-changing insights and strategies to capitalize on these market shifts. Tune in for expert advice on leveraging increased inventory, navigating pricing trends, and maximizing negotiation tactics in this evolving market. https://youtu.be/9dHUS7zRW2E (01:04) Inventory and Price Trends (12:48) Predictions for Future Prices (25:26) Deal Highlight: Unique Fourplex Links from the Podcast Nova Home Loans: https://troyhowell.novahomeloans.com Email Troy Howell: [email protected] LinkedIn: Troy Howell Email Jeff White: [email protected] LinkedIn: Jeff White Denver May 2024 Real Estate Market Updates Colorado Springs & Pueblo May 2024 Real Estate Market Updates Who is Nova Home Loans? For over 40 years, we’ve been focused on helping homeowners find the perfect loan to fit their financial needs and personal goals. Working with NOVA is a personalized experience from initial application to final loan closing and beyond. We will be with you every step of the way toward successful homeownership. Start working with NOVA & Troy Howell today! NOVA FINANCIAL & INVESTMENT CORPORATION, DBA NOVA HOME LOANS NMLS 3087/ EQUAL HOUSING OPPORTUNITY/8055 EAST TUFTS AVENUE, SUITE 101/DENVER, CO

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#513: Why Denver's 75% Inventory Surge Is a Huge Opportunity

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