On the flip-side of that though, I think often times buyers think they are going into home buying to "get a deal" and while our market is pretty stable here in Colorado, consumers seem to be 1-2 years behind the times by what they hear on the news.
So as far as going in and getting "a deal" that is 60-80 cents on the dollar is just not happening at all.
Good luck out there and I know you will find a beautiful home!
REALTOR, CDPE, The Elite Team
Your Castle Real Estate
I couldn't agree with you more, except in our case we've been looking for almost a year now. Just wait until you do find a house and have to go through the loan process. We're almost to the point of giving up and deciding to move back to the east coast. Interesting how all the agents try to defend a weak market.
Feel free to contact me or my team, Heidi Brringer, the Barringer Team, 303-670-3843 or 303-674-32200.
We have been selling our Front Range listings to out of state Buyers. You are correct that prices have been affected by the economy. The foreclsoures bring prices down and a Seller is will ing to sell at a "reasonable" price but not a "sale" price. many folks don't need to sell,and will wait until the market improves. There are definitly advantages to buying from a traditional seller as well as Lender owned. Different buyers have different preferences...and are willing to pay a little extra
We have a variety of homes listed...check out our website...then give me a call
I originally replied to your inquiry about looking at homes in Evergreen. Turns out that you're being too generous saying homes are less than 2005 prices--more like 2001! I encourage you to get in touch with me if you don't already have an exclusive with an agent give me a call or drop me an email and I'll share some advice on how to use specific market information to "teach" Sellers how to accept the values dictated by the 2010 market in the Ridge and other high end neighborhoods you're interested in. No brass required!