Will the Housing Market Crash in 2021

Posted on September 8, 2021 (September 8, 2021) by Barb Schlinker

This real estate market is very robust, do you see any signs of this real estate market slowing down?

Looking at Latest #s:

The Market is Still Very Strong
Inventory down by 61.3%
Only 583 Homes on Market
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 the Housing Market Correction be Here?

Now 681K homes for sale in the US
Down heavily from 1.3 Million in June 2019
Interest Rates at All-Time Low
Stock Market at All-Time High
Not Many Places you Can Park Your Money Safely and
Avoid Incoming Inflation Tax

Per Redfin CEO:

Because People can work from Home
Long Term Trend of Migration
From the High Tax States to the Lower Cost States

Blaming Wall Street for Competing with Owner Occupants for Homes

The Wall Street Buying Game

Open Door (cash offers OVER market value)
Zillow (cash offers WAY OVER market value)
Renters Warehouse (cash over asking)
Home Partners (cash over asking)

Second Home Demand DOUBLED!

Inventory is coming up slightly to 823 Homes
Just as Home Demand is Softening
Increase of Inventory will Go Up
So What?
If you are thinking of Selling ……
DO NOT WAIT Until Next Year!

We’ve seen indications that the market could be softening, what are some other things potential home sellers should know?

Real estate is all about supply and demand:

Supply still low
Sales up by 25%
Average DOM 350-650 – 6 Days

If it takes longer than 6 days:

Price too high
Marketing wrong
Not enough Updating

> Indications in a Decline in Demand

> New Home Building is Surging

> Eviction and Foreclosure Moratoriums Ending at End of June

> All Happening at ONCE

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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

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

I would definitely recommend Barb Schlinker if you are buying or selling your home. As they say, "If you think hiring a professional is expensive, wait till you hire an amateur", would you let some amateur handle your biggest asset? Hire a professional like Barb Schlinker and get quality on all aspects. Great work Barb!

RDave Sanchez

After another broker missed the entire selling season by moving too slow, we hired Barb and she quickly helped us get the home on the market and looking great! It sold for over asking price in just 10 days. Barb and her team took care of all the details and the closing were very smooth and easy.

5183 Solar Ridge – Steve & June Hales

I am very pleased with Mrs. Barbara and Mrs. Wendy. They went ALL out their way every day to make our home selling process less stressful. They were a pleasure to work with and became family instead of a business move. Furthermore, being in the Air-Force I didn’t have much time to relocate and they made it a breeze for my family and I. If I ever come back to Colorado to live. I will call them back with NO hesitation. Thank you ALL for what you have done. I have already recommended EVERYONE on Peterson AFB to Mrs. Barbara and her team. They will go out their way and beyond to make you happy. If I could give more than a 5 star rating .. I definitely would. God Bless !!!!!!

Beth Lewis

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

Barb and her team go above and beyond to care for her clients. In the hospitality industry we have the GOLD level of care in which we look for ways to exceed our guests experience. I would relate this level of care to Barb and her teams approach. I was transitioning out of state on military orders, worried about leaving a home on the market. Her team excelled; took care of all my worries and concerns. Handled any maintenance needs, yard care, etc. during my absence and time of closing. Additionally, they covered any requests made by the buying agents after discussion with me from a distance. I could have not asked for a better agent and team to handle the sale of my home. I highly recommend Barb for your next purchase or sale; she will be there for you through every step. She will provide you the very best approach to selling and fight for the very best price during your purchase. Thank you Barb and to your team for all your hard work. We could have not done it with out you.

Robert Constable

We heard about Barb Schlinker from her Radio Show and having been in the sales business we were very impressed. Barb and her team did a great job managing all the many showings and ultimately a great sale. The result could not have been better. We became friends with the buyer and the whole process exceeded our expectations. Barb's team was able to quickly respond to showing feedback to help get us the over full priced sale. From the recommendation to her trusted vendors that went well to the consistent and frequent communication from Barb and her team - it was a pleasure to do business with her. Steve & Crystal

K MAC

We were thrilled to have Barb sell our home and so pleased that her strategy commanded $44,380 over the asking price! We highly recommend Barb Schlinker and her team to sell your home, the whole process went very smoothly." Mike and Angie

Angela Carl

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!

Lance Hartman

It was refreshing to work with Barb and her team at Your Home Sold Guaranteed. She sold our home for $17000 over asking price in a short time and everything went smoothly. We loved how she took the time to measure the home to make sure it was marketed at the right size and the photos were amazing. Barb was able to get a huge crowd at the open house which got us several great offers to choose from. Then she handled the sales process every step of the way for us and make it simple and easy. We highly recommend Barb and her team.

Alan and Diane

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

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

Barb was able to help us reduce our property tax valuation by over $221,000! What a savings on property taxes and insurance premiums! She uses a formula that accurately assesses the value of one's home. She was very prompt and very pleasant to work with. We highly recommend her for all real estate needs.

Edie Darrah

Selling our home with Barb could not have been better. It sold in a few days for more than the asking price. And just as important, we appreciated the excellent communication with Barb and her team. They did everything they promised and more, supporting us through every phase of the sale. Photos, staging, marketing, etc. were all handled efficiently. Emails came regularly with helpful information, reminders and suggestions. When we called or texted with a question, Barb or someone from her office got back to us quickly with the needed answers. Her years in real estate have allowed her to develop a highly professional, smooth running, client-focused business model. Thanks, Barb! You exceeded our expectations!

Janet Savage

We are so pleased that we worked with Barb Schlinker to sell our home at 1450 Masters Drive in Woodland Park. Barb and her team go to great lengths to ensure the home is presented to the market in such a way to command top dollar for the home. From the elegant video production, great photos and beautiful pictures, it all went very well. Barb was able to negotiate for us to stay in the home well after closing allowing us to move to our next location at a comfortable pace. 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

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

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

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!

J. D. R. Hawkins

Barb and her team are AWESOME!!! If you are looking to Sell or Buy a house I highly recommend Barb and her team!

Chris Leonard

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

It was so refreshing to have Barb and her team sell my home. I moved before the home went on the market and they took care of everything including the final clean out and carpet cleaning. After receiving multiple offers, it was someone on Barb's Team who brought me the best buyer who bought my home with cash at $35,000 over asking price. The result was a smooth on-time, quick closing.

Laurie Cammack

Barb sold our home in just 1 weekend for $40,000 over asking price, setting a new high sales price for similar sized Summerfield at Briargate homes. The entire experience from start to finish was great! We highly recommend using Barb Schlinker and her team to sell your home” Harry and Nancy

Harry Prantl

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

After trying previously to sell with no result, hiring Barb was a refreshing experience. She sold our home for $57,000 over asking price in just one week and it was a very easy sale. Her and her team handled everything so we just needed to move. We highly recommend using Barb to sell a home.

Dave Potter

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

After hearing Barbs radio ads and looking at her website, it was obvious Barb and her team has the best system for selling our home. Not only did she sell it for full asking price in just 6 days, but she made sure our home has a warranty for the buyer for 1 year after closing. It was so helpful that her team took care of a final move-out clean. It helped us easily plan our move and ensured the family enjoyed a stress-free move. We highly recommend Barb and her team to sell your home. Dale & Krystal

Krystal Wager

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

If you're looking to buy or sell property, look no further. Barb Schlinker Team is great at what they do and guide you along every step of the way. Barb is very committed to customer service and 5-star service. Thank you for your high standard of excellence... Highly recommend!

Clarisa Mae Garrovillas

It was time for us to sell the inherited home our parents had owned and the home we grew up in. It was a challenge for us since we all lived in different locations out of town. We hired Barb and her team to sell our home and she sold it in a few weeks for full asking price and it closed on time. They handled everything for us. We did not have to return to visit the property or even attend the closing. We highly recommend Barb and her team.

2213 Oriole

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