Wednesday, December 13, 2017

Is There a Risk to Buying a Home Right Now?


Our market is seasonal, so if you’re a homebuyer, you’re likely better off buying sooner rather than later.

Is there a risk in buying a home right now? Is our market going to crash?

Based on the statistics and the supply and demand ratios I’ve been seeing, the answer is absolutely 
not. Our market is still hot, even as we approach winter.

You don’t have to take my word for it, though. If you’d like to know the risk of buying a home you’re 
interested in, visit www.rismedia.com and enter the property’s address into the site’s 
“Risk-O-Meter” tool. This will give you a prediction as to what that home’s value will be anywhere 
from one year to a few years from now.





We entered the addresses of properties from out of state into the Risk-O-Meter, and their return wasn’t 
as high as the properties here in northern Colorado. We can also put together a custom market 
analysis for you if you need further peace of mind.


"Click here now to use the Risk-O-Meter to test our market's stability."


Our market is seasonal, so if you are thinking of buying a home, try to do so within the next 
60 to 90 days. Our annual spring market boom usually starts in early February. Once this boom 
happens and multiple offer situations become more common, demand shoots up. When supply is low 
and demand is high, prices skyrocket.

If you get something under contract within the next 60 to 90 days, you’ll put that equity and appreciation 
into your pocket instead of waiting and letting it go into the seller’s pocket. If you wait until spring, you’re 
more likely to be a contingent buyer, which will make things much more difficult for you. When sellers 
have to choose between a contingent offer and a non-contingent offer, they usually pick the 
non-contingent offer.

If you have any more questions about our market or you want to buy or sell a home, don’t hesitate to 
reach out to us. We’d be glad to help you.