Signs of Market Cooling and What to Do About It

Posted on September 9, 2021 (September 9, 2021) by Barb Schlinker

This real estate market is still RED Hot with a lower-than-normal number of homes for sale. What signs of market cooling off should our listeners be looking for in the coming months?

Looking at Latest #s:

The Market is Still Very Strong
Inventory down by 61.3%
Only 815 Homes on the Market in 3 counties
Should be Over 2500 Homes on the Market

Number of Home Sales UP by 36.2%

Average Sales Price UP by $55,627 Since January

Could a Housing Market Correction be Here?
NO, But the RATE OF APPRECIATION WILL SLOW DOWN…HOW?

INTEREST RATES RISING
Fed already announced – Result:
¼ % bump in rates

ZILLOW FORECAST:

Home Sales up by 4.8% Nationwide (25% here)
- Forecast down from previous due to:
- Lower Pending Sale Figures
- Lower Mortgage Application

ZILLOW FORECAST:

Next Year
Rate of Appreciation down from 23% to 12%

If You Are Thinking of Selling, NOW is the Time to Command Top Dollar.

We are talking about some indications the market could be softening, what are some other things potential home sellers should know?

Peaked early May – 300% in Average
Lumber Prices down 30%
Increase in Lumber Prices Added:
$36,000 to the sales price of a new home!

Real estate is all about supply and demand. The justification that Real Estate Pricing Surges Will Continue? Housing Costs more Expensive.

BIGGEST INDICATOR ON DEMAND: INTEREST RATES!

Define Bubble:

WE ARE NOT IN A BUBBLE
Indications of a Decline in Demand for Homes
New Home Building is Surging Record Levels
Eviction and Foreclosure Mortarium’s Rolling Off at End of June
All Happening at ONCE

We Are STILL IN a STRONG SELLERS MARKET

Can you Sell AS IS?
Yes, but you Get Top Dollar Making your Home MOVE IN READY! ~

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We hired Barb to sell our home in Security. We accepted 1 cash offer within 30 hours of listing and it sold for $11,000 over our asking price. Her staff was wonderful and we were thankful for the use of her convenient moving truck. We highly recommend using Barb Schlinker to sell your home.

Dennis & Joan Musick

We heard about Barb from our contractor who is a radio fan. We knew once we hired Barb it was the right decision to help us sell our parent's home. Barb gave us great advice on what to do to sell our home for the most money without spending too much money to update the home. The results were great. In just a few days Barb had a huge crowd at the Open House, over 85 visitors and it sold for $75,000 over the asking price. They made the whole process easy for us to manage while traveling between several states and we especially appreciated the move out cleaning service as well as the help removing unneeded items. We highly recommend Barb to sell your home!

Lynn Perdue

I have a marketing degree and I am just amazed at how Barb Schlinker and her Barb has the Buyers offer is so compelling for home sellers. This is the best real estate company to work for if you want to buy or sell real estate.

Kailee Clark

We were facing a short-notice PCS transfer to another state with the Army. After seeing Barb's videos on YouTube about selling a home we know Barb was the only choice for us. Barb's marketing was able to get us multiple offers over asking price the first weekend. All went as planned we were able to buy our new home just days after Barb sold our home.

Jennifer Stuart

We needed to sell our 3rd story condo so we could buy our ranch style home. The former agent we hired could not sell it and only suggested to lower the price to get it sold. We hired Barb and we are so glad we did. She helped us do some updates that would command the highest sales price and her team sold it quickly at the full asking price.

2949 Mesa Rd #C, - Keith & Lisa Sheldon

Barb and her team were very easy to work with. They did an awesome job! We were under the gun for getting our house sold quickly, and Barb did just that. We got an offer after just one open house! Thanks again, Barb, for all your hard work and assistance. You and your team are amazing!

J. D. R. Hawkins

Barb Schlinker and her great team were very helpful in getting us ready to go on the market and she has amazing marketing that attracts the buyers. She got a huge crowd of buyers to view our home and we were able to select the best buyer for our home. She not only sold our home for $50,000 over asking price the first weekend but she was able to negotiate for us to stay in the home for weeks after closing to accommodate a smooth moving process. We are so thankful we hired Barb Schlinker and her team at Your Home Sold Guaranteed Realty.

Lance & Shirley

When the time comes for me to sell I will be contacting Barb. She personally contacted me with information and the Comps necessary to appeal the out of line assessment of my house. Thank you so much!!!

Philip Guttman

Barb and her team at Parker St. Claire come highly recommended. After accepting a job out of state we needed to quickly get our home on the market. We heard an ad for Barb on the radio and gave her a call. She was at our home the next day. Barb was friendly and knowledgable of the local market. She’s very detailed and brought with her a ton of information so we could price our home to sell. The home was staged and professionally photographed to highlight all the special features inside and out. Barb and her staff were always available for questions and even moved the last bit of furnishings to a storage unit for us just before closing! Not sure you’ll find a more helpful real estate broker/agent – give Barb a call!

191 Elk Lane, Woodland Park, CO - Tony & Shari K

Bard did a great job selling our house for over asking price! She was great at providing us with sound advice on pricing our home. She also told we we needed to worry about and what to not stress over.

James Heffron

Barb Schlinker and Wendy are the two best real estate agents I have ever had in buying and selling a home in my life. Their careful attention to detail, professionalism, exactness, timing, listening to my personal needs and wants. They have respected my needs & wishes in every way. I will always will recommend them to my friends and family members. And I will always trust their care with them.

Karen Woods

Barb’s great marketing strategy helped us sell our Cherry Creek Crossing home for $60,000 over asking price and we set a new high sales price in the neighborhood. Barb and her team helped us negotiate to stay in the home after closing until our new place was ready to move right in. There is no question that using Barb was the right choice for us to make this move" Bill & Sharon

Bill Allen

Barb and her team did a fabulous job helping my dad sell his existing home and get into his new home. I highly recommend Barb and her team!

Paul Forsthoff

With Barb's amazing marketing and negotiating strategies, she was able to get us $26,500 over asking price in just a few days and we set a new high sales price for our neighborhood.Her whole team is great to work with. We highly recommend using the Barb Schlinker team to sell your home! - Mike & Mary

Mary Jones

It was so nice to only have to show our home for just 1 hour and Barb and her team helped us sell our home for $55,000 over asking price with a cash buyer. Everything went as scheduled and it made the process easy." Bill & Judy

Willam Bremer

After hearing Barb on the radio where she outlined her methods for selling homes, I am so pleased that we hired her to handle the sale of our home. We had already moved out, and she and her team installed very attractive staging furniture so it showed beautifully. In just one short week. Barb obtained several buyers competing for our home and she sold our home for $5000 over asking price. Her team handled everything from there and made the process very easy. Having Barb handle the sale of our home gave me great peace-of-mind throughout the entire process.

8130 Avens Cir, CS, CO 80920 - Donna S

It was such an easy process to sell my home with Barb Schlinker. I first met Barb a few years back and decided to stay in the home during the pandemic period and I’m so glad I did. That decision allowed me to add another $100,000 of value to my home in a short period of time. With the first meeting Barb provided a staging consultation that helped me get my home ready for sale on my schedule. Her Certified Pre-Owned Home program revealed I needed a new roof and because it was done in advance of the sale, her program set the stage so I could deal with the roof on my schedule and negotiate the best possible deal. Not only did Barb market the home so well that I had a lot of people come and look at the home, but I received two offers at the same time and that’s where it got exciting. Barb’s negotiating skills went into high gear and she was able to get the buyers to make their highest offers, giving me great choices on selling my home for nearly $10,000 over asking price in just 11 days. It was a really nice benefit that her program included house cleaning. That was a very nice touch that made my move effortless.

M M

Barb exceeded my expectations. She was a Blessing and also I don't think I couldn't have done any better. Thanks Barb and continue doing Steller work for your customers

Joef Fagan

It was great to work with Barb and her team at Your Home Sold Guaranteed Realty. We received multiple offers, and our home sold swiftly for well over asking price! From the amazing photography and very successful open house, through the smoothly orchestrated closing process, we appreciated Barb's communication, expertise, professionalism and personalized attention to detail. We look forward to working with Barb and her team in the future, and highly recommend Your Home Sold Guaranteed Realty! Diane S

Diane Shaneyfelt

Barb Schlinker and Tom Parker were great to work with to get my home sold. They did an excellent job on photos and marketing. I had previously tried with another agent that resulted in no sale. But when I hired Barb and Tom everything went as planned. When it turned out I needed a new roof, they suggested a roofing company that was able to finish the job quickly and minimize my out-of-pocket expenses. I was able to sell my home for top dollar and they helped me prepare for my move. I highly recommend Barb Schlinker and her team to sell your home. Fritz

Fritz Shoemaker

After trying to sell our home previously and unsuccessfully with another agent, we are so delighted we called Barb. Very quickly Barb and her team helped with updated staging and great marketing. Barb was able to get a bidding war on our home in just a few weeks, and it sold for over asking price. The entire transaction was handled smoothly and closed on time. We highly recommend Barb.

19975 Wissler Ranch

I have been a regular listener to Barbs radio show for years. Before I met her, she made it easy to prepare me for the sale because of her radio show on KVOR. Barb then recommended a higher price than I expected on the home and went on to sell it for a whopping $100,000 over price. Her and her team handled all the details and make the closing go very smoothly." In addition, the house that I am purchasing, had a safety issue. Barb volunteered to step up and help out with it. I greatly appreciate her help.

James Collier

After hearing about Barb on the radio we had to call. Her team helped us prepare our home for sale and to our surprise we not only had 120 people visit the home in 1 day but we received multiple offers and she sold our Briargate home for $30,000 over our asking price! We had a quick sale and her team handled everything so we could move out of the state early & worry free!" John & Kathy

Kathy Seavey

We hired Barb to sell our home in Calhan. We got several great offers and it sold for $15,000 over our asking price in just 5 days. Having formerly been a Real Estate agent, it was so refreshing to have a great agent like Barb who fought for us all the way to closing. She was so helpful and professional. Barb was always available when we needed anything or had questions. We highly recommend using Barb Schlinker to sell your home.

Paul & Sandi Billig

I needed to downsize into a less expensive home. I’m so glad I hired Barb Schlinker and Tom Parker to handle my transition to my new home. They took care of everything for me including coordinating repairs and providing space to store my things during the move. My home sold very quickly and now I am living in a much smaller place that is much more affordable and in a great location.

1536 Smoochers Ln

We heard about Barb on the radio and asked her to help us sell mine and my Mom’s home next door. She helped us prepare our homes for sale so they showed really well. Barb had at least 80 people in at the Open House and both homes sold for way over asking price in just a few days. Her team helped with the entire process and we were able to make our next move as scheduled.

8224 & 8232 Timothy Ct

Barb was quick to set up a meeting with us to discuss a plan for selling our home. She was very well prepared with data to help help us determine a strategic selling price. The entire process moved along quickly and after listing our home and conducting a 1 hour open house, we had 5 offers. We sold for $25,000 over list price! Her team was very helpful and kept us informed throughout the process. Thanks so much!!!

Mark Lewis

We have bought and sold approximately 20 properties. No agent has even come close to the quality Barb offers. Her marketing was superb - generating 4 offers; and we had an accepted contract within a week, closing within a month. The icing on the cake though, is Barb herself. She's open, friendly, knowledgeable and most important, accessible ! Barb is worth ever dollar of the commission she will earn!

JoAnn Hodge

Barb and her team worked hard throughout the entire process in selling our home. Barb always took the time to answer any questions we had. We sold our home for $65,000 over asking price. We would highly recommend Barb if you are thinking about selling your home. Ed and Michelle Thompson

Edward Thompson

We hired Barb to sell our home in Security. We accepted 1 cash offer within 30 hours of listing and it sold for $11,000 over our asking price. Her staff was wonderful and we were thankful for the use of her convenient moving truck. We highly recommend using Barb Schlinker to sell your home. - Dennis & Joan

Joan Musick

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