Highlands Ranch Real Estate Market Trends | March 2011

By
Real Estate Agent with Realty Oasis - Metro Brokers

Originally posted on my Denver Real Estate Blog at: Highlands Ranch Real Estate Market Statistics March 2011

 

 

Highlands Ranch Real Estate Market Data March 2011

I’m seeing a lot of red and I’m not angry, I’m happy! Highlands Ranch homes, at least for March, is a seller’s market for the most part.  I know, I know, the inventory is just down in general.  True. But for the available inventory out there for the current market, the statistics look promising for sellers and actually good for buyers.

There are plenty of reasons in the current economy to remain negative and find reasons to see things pretty skeptically. But, if the Highlands Ranch real estate market interests you, then March should be pretty pleasing. Values remain stable and seeing all that red indicates the level of interest in our market.  Sellers have an advantage for the most part, but that is good for all.

Sellers need to remain competitive and not feel an overinflated sense of the upper hand.  Remember, an over priced home in any market is just that, an over priced home.  The economy isn’t so rosy that buyers will overpay for any home. But sellers priced fair should realize they don’t need to give in to the “buyer’s market” mentality and be confident that the demand for Highlands Ranch homes is good.

Buyers need to consider acting on a home purchase instead waiting until prices further decline or more inventory hits the market. I don’t want to speculate about either one of those scenarios, but lately interest rates have begun to rise a bit and I will say that it usually takes a large price reduction to match the extra cost in a fairly small interest rate increase!  Looking at the Highlands Ranch market data for March, the large price reductions don’t look too encouraging at this time, but rates rising do.

If you’re a Highlands Ranch seller, statistics are encouraging.  If you are looking to buy in Highlands Ranch, statistics are also encouraging that you are looking in an in demand area.  If you’re looking to buy or sell in Highlands Ranch, I live and work here and would love to help you as well.

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Steve Scheer, REALTORĀ®
Denver Realty Partners

385 Inverness Parkway #140
Englewood CO 80112
720-849-6101

If you would like more information on the Denver area or more information on Highlands Ranch homes for sale or any other of the south Denver suburbs, contact Steve at 720-849-6101or read his Denver Real Estate Blog.

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Rainmaker
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Bill Gassett
RE/MAX Executive Realty - Hopkinton, MA
Metrowest Massachusetts Real Estate

Nice work putting together all the market activity that is taking place in Highlands Ranch Steve!

Apr 16, 2011 07:13 AM #1
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Karen Kruschka
RE/MAX Real Estate Connections - Woodbridge, VA
- "My Experience Isn't Expensive - It's PRICELESS"

Steve  You do an excellent job of reporting on Highlands Ranch real esate activity - concise and informative

Apr 16, 2011 11:38 AM #2
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Steve Scheer
Realty Oasis - Metro Brokers - Highlands Ranch, CO
Highlands Ranch Real Estate - Denver Real Estate

Thank you Bill & Karen.

Apr 16, 2011 06:41 PM #3
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Steve Scheer

Highlands Ranch Real Estate - Denver Real Estate
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