Record Low Inventory & January Market Stats

 

Superior Colorado Market Update Graph

Obviously the housing market is in a good spot for sellers these days! Low inventory coupled with the low interest rates are leading to fairly quick home sales depending on the price range. I know everyone gets excited when they see what Zillow says their home is worth but even Zillow recommends a local market analysis to avoid over-pricing or under-pricing your home.

Buyers are taking advantage of these low rates but they have to act quickly in order to buy anything under 500k.  In many cases, a buyers needs to sell their home in order to buy the home they want. There are strategies to work around this issue, so please give me a call if you would like to discuss.

As of today, there are 30 active listings in Superior, and 20 of those are under contract. If you are curious about the current value of your home, I can provide you with a comparative market analysis at no cost or obligation.

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Superior Colorado Market Update Map & Stats Jan 2015

 

Superior Colorado Market Update Stats Details

 

Mortgage Rates Drop Below 4%

If you haven’t already refinanced, this would be a great time to do so. Look at how far rates have dropped over the past year:

mortgage rates graph

See how rates compare to this time last year:

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If you are considering refinancing, feel free to reach out to me. I would be happy to send you my list of preferred lenders.