Of all the great and beautiful places in the world, I think a good deal of us can agree that fall in Colorado is one of those places. Colors, football, and that back to school feeling. What’s not to love???
I don’t know about you, but one thing I have noticed with the return of all that learning has been the uptick in my commute time. And I’m not dreaming it.
The Census Bureau is anticipating a continued growth of around 50,000 annually here in the Denver metro, which begs the question of not only how will they fit on our roads, but also where will they live? Luckily, we saw a 2nd quarter uptick (the first since 2008) in inventory availability relative to population. Albeit not a large one, but hey, I think we can all agree that a little more inventory is more than a welcome thing for those frustrate buyers out there.
Aside from the slight move in market trends assisting buyers, we’re continuing to see spectacularly low historical rates which are currently around a three year low. Increased inventory, more sellers opening to concessions, and a low rate environment all provide great reasons to get those first time and buy up clients off the sidelines and onto the playing field.
In assembling your team, it’s important that all real estate professionals provide that superior level of ‘coaching’ when it comes to best serving their clients. Make sure that the team around you matches your own philosophies and attitudes when it comes to client care. If you need a better game plan and experienced mortgage coach for you clients, please reach to the loan coaches at NOVA who play at that varsity level.