Colorado housing market update 2022 | How to win as a buyer and prepare as a Seller

There has been a lot going on in the market and a major shift from what were seeing in 2020.2021 and 2022.
With interest rates going up it put a lot of buyers out of the game and has made them want to sit it out until the rates come down. We've found a great strategy of using. the 3-2-1 Buydowns and 2-1 buydowns to help buyers get a more affordable monthly payment.
As sellers in this market pricing is more important than ever and making sure your property shows the best that it possibly can.
What will be to come in the next months/year. We are hoping for interest rates coming down to be able to refinance out and get a good rate. I think when rates come down that is going to spur all the buyers on the sidelines to go back out to try to find a new home and create more of the bidding wars we were seeing in 2021 and 2022.
Over all I think right now is a great time to buy to be able to get a good deal on a property and get a doable interest rate until you can refinance out later on down the road when rates come down.

[@nicolomarchillo4451]

Super underrated channel. Love this info

[@Denver.real.estate]

Really appreciate that!🙏🏼🙏🏼🙏🏼

[@philipk8314]

321, 21 buy downs are cheap bait on a sharp hook to leave hopful home owners holding the bag. Sellers need to offer huge price reductions or buyers won't move. Cheap money created this bubble and 1031 tax pushed it into unaffordability and now investors are holding the bag on properties they can't cash flow cause they overpaid to roll the tax. Buyers if you want a house cheap like 30-40% off just be patient and wait. Investors are leveraged with money tied up and trying to sell houses on the speculation that they know the fed will pivot. Look the fed is looking to break backs don't let it be you. Hold the line and you will be rewarded we have a long way to go down with prices.