Here at Golden Real Estate, we have some anecdotal evidence of a resurgence in the real estate market, which was moribund in December.
On Saturday, Jan. 7th, I held a 2-hour open house at my listing on Bates Avenue. My previous open house at that listing had drawn not a single visitor, so I was quite surprised to have ten sets of visitors that day. All of them were actual buyers, not lookie-loos.
I immediately decided to hold it open the following day, Jan. 8th, and once again it was my most visited open house in recent memory.
I had four prospective buyers from those open houses and this Monday that home went under contract.
A second example of this resurgence came when broker associate David Dlugasch listed a 1960 brick ranch with walkout basement in south Golden/Pleasantview. (It was featured in last week’s ad.) It drew 22 agent showings on the first three days, and it went under contract on Sunday at full price — $798,000, which I frankly thought was a reach.
Although anecdotal, these experiences give me hope for a continued market resurgence in 2023.
Jim Smith's Blog 