The Get Home Denver Team Reviews and Client Testimonials

Rich get Richer!

January 10, 2008 by Bob Schenkenberger · 2 Comments 

Everyone is screaming the sky is falling! The national and local press, “reporting” the facts, when they see fit, and not reporting them when they don’t! Sure the market is slower, appreciation is non-existent in most areas, and foreclosures are screwing up a large scale recovery.

However, Real Estate is a localized commodity. Every market is different. Colorado has been in a slow market for over 5 years! All while places like California, Florida, and Arizona were experiencing double digit annual appreciation. The country will not recover all at once. It will happen market by market.

Currently the Denver market is absorbing the foreclosures and inventory faster than it has in over 2 years! What is still a weak market, IS GETTING BETTER!

Whenever you have a weak market, it is also a huge opportunity. The Classic rich get richer market is upon us. Those who have stable income, and employment, are currently able to buy properties for 10%-40% less than what they sold for only a few years ago. Those with the ability and foresight to buy and hold for a few years will be selling properties back to those who don’t for a tidy profit! All the while renting these properties to those, who can’t or won’t buy today!

For complete listing information on every property for sale in the Denver area, go to www.GetHomeDenverTeam.com

About Bob

Bob has been an active REALTOR for 18 years. During this time, he has closed over 500 transactions, and has been the broker of record for 1000's more. Bob can be reached via email (bob@gethomedenver.com) or phone (303.770.1180.)

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  1. [...] Anyone who has been looking to move into a new home (and not sell their current property) or those interested in purchasing property for investment purposes, this is the time to act! We have a small window of opportunity to get into the best “Rich get Richer” market in 2o years!  [...]



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