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Fresh Air Real Estate

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Coronavirus and the CO Real Estate Market

Fresh Air Real Estate Responds to Coronavirus

We hope this finds you & yours healthy & managing today’s challenging times! The Corona virus has changed the landscape of American society – and the World’s. We want to keep you informed of what’s happening in the market & have the following excellent resources for you:

*DMAR September DMAR Market Trends– SPECIAL CORONAVIRUS EDITION – NEW!*

*Current Denver Matrix/RE Colorado Market Stats Market Statistics*

*Current Safer at Home-8th Amendment*

Fresh Air Real Estate has also incorporated numerous safe practices for Sellers & Buyers. These include: Interactive 3-D Floor Plans of every listing for Buyers who are reluctant to leave their homes; Jackie providing hand sanitizer, disposable gloves & shoe covers with Buyer instructions for mandatory use at every listing (*subject to availability); limiting the number of people in the home at one time; and increased showing restrictions to ensure only serious Buyers are touring your home.

We also have recommended procedures for Buyers when viewing properties, like using the hand sanitizer & disposable gloves Jackie provides (*subject to availability); ensuring Jackie is the only one turning on lights or opening doors in a home; having Jackie complete Facetime tours of homes when it’s allowed by a Seller; driving your own car; & leaving the kids at home or in the car whenever possible. Buyers are required to wear their own masks for showings. When it comes to Closing on our listings, our partners at Stewart Title are likewise committed to your health & safety. Until further notice, Sellers & Buyers are asked to close separately & their Realtors are asked to stay home, Facetime with the Closing parties & sign necessary documents remotely. Sellers can also sign documents electronically online from the safety of their own homes!

Denver has historically been an extremely strong market & one of the first to rebound in hard times, as in after the 2008 market crash. The Federal Housing Finance Authority (FHFA) has measured Home Price Indices nationwide since 1986. Over the last 33 years, the average price appreciation for a home in Denver is 5.5%.That includes ALL market downturns. When you own real estate, you have an asset that appreciates over time! Colorado’s real estate market is amongst the strongest and safest in the country, with home price appreciation of 395% in Colorado since 1991 (2nd highest in the nation, behind Washington DC). Denver also has the nation’s #3 job market in the U.S. (Wall Street Journal).

Fresh Air has some exciting new listings available NOW & more to come! Check them out here & contact Jackie directly with any questions. Thank you for your continued support of small businesses with your trusted referrals of family & friends. Fresh Air Real Estate remains Your Key to a Smart Move!

 

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