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Nancy Sammons
Colorado Dream Properties
12900 Stroh Ranch Place, Suite 125
Parker, CO 80134
Phone: (303)956-5292
Email: nsammons5292@gmail.com
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Timbers Market Report

April 2019

Timbers Stats for the last 30 days:

The Timbers is reporting a buyers market. 

  • There are 18 active homes for sale ranging from $1,695,000 to $760,000 
  • There are 11 Under Contract homes 
  • 3 home sold in the last 30 days 
  • Average Home price sold in the last 30 days- $900,000
  • Average Days on Market - 125
  • Current Months of Inventory is 18 months

The Timbers is in a Buyers market as the last 30 days we have 18 months of inventory. Days on market is 125 up from 71 last quarter. The average price of homes has dropped from $1,053,510 to $947,500. 

´╗┐Based on information from REcolorado, Inc. for the period 12/10/2018-3/12/2019

Not all properties were listed and/or sold by Colorado Dream Properties. This representation is based in whole or in part on content supplied by REcolorado, Inc. does not guarantee nor is it in anyway responsible for tis accuracy. Content may not reflect all real estate market activity 

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Build a Plan of Action and Get Ready

Buying a home will probably rank as one of the biggest personal investments one can make. Being organized and in control will contribute significantly to getting the best home deal possible with the least amount of stress. It’s important to anticipate the steps required to successfully achieve your housing goal and to build a plan of action that gets you there.

Before you can build a plan of action, take the time to lay the groundwork for your decision-making process.

First, ask yourself how much you can afford to pay for a home. If you’re not sure on the price range, find a lender and get pre-approved. Pre-approval will let you know how much you can afford, allowing you to look for homes in your price range. Getting pre-approved also helps you to alleviate some of the anxieties that come with home buying. You know exactly what you qualify for and at what rate, you know how large your monthly mortgage payments will be, and you know how much you will have for a down payment. Once you are pre-approved, you avoid the frustration of finding homes that you think are perfect, but are not in your price range.

Second, ask yourself where you want to live and what the best location for you and/or your family is. Things to consider:

  • convenience for all family members
  • proximity to work, school
  • crime rate of neighborhood
  • local transportation
  • types of homes in neighborhood, for example condos, town homes, co-ops, newly constructed homes etc.
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