Burgess Group

burgessgrouprealty Oktoberfest is a great excuse to be festive! 🍻 In autumn, we want nothing more than to be surrounded by good friends and enjoy the crisp weather. Oktoberfest events will be happening all over town. But if you just can’t wait to enjoy the spirit of Oktober, many Boulder Breweries have already released their Oktoberfest brews. So of course, we had no option but to try them all and report our findings! Check them out on our blog and let us know which ones you'll be trying 🍺 . . . . . #realestateforsale #luxuryhomes #coloradohomes #boulderhomes #coloradolife #boulderlife #compass #compassrealestate #compasscolorado #burgessgrouprealty #listings #listingexpert #listingsexpert #realestatetips #realestateadvisor #realestatenews #realestatemarket #bouldercolorado #colorado #coloradorealestate #realestatenews #bouldercounty #bouldercountyrealestate #marketupdate #realestatestats

burgessgrouprealty Annual home price growth dropped by nearly two percentage points from May to June, and over three MORE percentage points between June and July. This is the greatest single month slow down on record since the early 1970s. But don’t worry — your home value is still safe. The chart here uses the latest data from CoreLogic to show that home price appreciation is simply SLOWING DOWN, not actually depreciating. So, what is deceleration? Deceleration in the housing market occurs when, “home prices continue to appreciate but at a slower or moderate pace.” If you have questions about the value of your home, please give us a call. Catherine and Andy are always happy to be a resource — no question is too big or too small! 📲 303-301-4718 . . . . . #realestateforsale #luxuryhomes #coloradohomes #boulderhomes #coloradolife #boulderlife #compass #compassrealestate #compasscolorado #burgessgrouprealty #listings #listingexpert #listingsexpert #realestatetips #realestateadvisor #realestatenews #realestatemarket #bouldercolorado #colorado #coloradorealestate #realestatenews #bouldercounty #bouldercountyrealestate #marketupdate #realestatestats

burgessgrouprealty Colorado is known for its Aspen groves! In autumn, their bright yellow leaves create a sharp contrast between the dark pines that blanket Rocky Mountain peaks 🍂 Their loss of chlorophyll is our gain — our state is an ideal place to see nature’s paintbrush in action. Drive along scenic byways or hike deep into the Colorado wilderness to take in some of America’s most dramatic landscapes. Wondering when the leaves will change and where you should see them? Visit the link in our bio and head to our blog to find out! 🍁 . . . . . #realestateforsale #luxuryhomes #coloradohomes #boulderhomes #coloradolife #boulderlife #compass #compassrealestate #compasscolorado #burgessgrouprealty #listings #listingexpert #listingsexpert #realestatetips #realestateadvisor #realestatenews #realestatemarket #bouldercolorado #colorado #coloradorealestate #realestatenews #bouldercounty #bouldercountyrealestate #marketupdate #realestatestats

burgessgrouprealty Feeling like you can't keep track of everything happening with the market? We've got you covered! 👍 In this video, Catherine discusses the activity happening on a LOCAL level as well as the sale-to-list price ratio that's now below 100% on a NATIONAL level. Tune in to learn more and head to our blog through the link in bio for the full details! . . . . . #realestateforsale #luxuryhomes #coloradohomes #boulderhomes #coloradolife #boulderlife #compass #compassrealestate #compasscolorado #burgessgrouprealty #listings #listingexpert #listingsexpert #realestatetips #realestateadvisor #realestatenews #realestatemarket #bouldercolorado #colorado #coloradorealestate #realestatenews #bouldercounty #bouldercountyrealestate #marketupdate #realestatestats

burgessgrouprealty Get ready for the last market update of Q3! 📲 LOCALLY, it was a quiet week for inventory, but buyers engaged well. We've seen robust buyer activity in the $1.5-$2.5mm price bands, but all price levels are engaging with the market, which is a sign of health. There were 92 price reductions, so we'll have to keep watching to see if this is a one-off increase or if sellers are again adjusting price due to increasing inventory and lower buyer demand. NATIONALLY, the sale-to-list price ratio is now below 100%, which means that on average, homes are selling for less than the list price. What does this mean for buyers? There's room for negotiation! As for sellers, putting your home on the market with a strong list price to begin with is crucial. Check out our blog post through the link in bio for the full details on this update! . . . . . #realestateforsale #luxuryhomes #coloradohomes #boulderhomes #coloradolife #boulderlife #compass #compassrealestate #compasscolorado #burgessgrouprealty #listings #listingexpert #listingsexpert #realestatetips #realestateadvisor #realestatenews #realestatemarket #bouldercolorado #colorado #coloradorealestate #realestatenews #bouldercounty #bouldercountyrealestate #marketupdate #realestatestats

burgessgrouprealty BUYERS: According to a survey done by Money Magazine, it took 56% of respondents five or more offers for one to be accepted. For more than 25% of first-time buyers, it took 10 or more offers to buy a home. In 2022, 90% of all buyers who worked with Catherine and Andy had their FIRST OFFER accepted by sellers. 10% of Burgess Group buyers had their second offer accepted. 100% of our buyers were under contract in 2 offers or less. Negotiating the best price is a combination of art and science best honed by doing it frequently. Catherine and Andy average 39 buyers a year. That means on average 35 of our 39 buyers have their first offer accepted. Only 4 buyers have to make a second offer. Thinking of buying? Experience matters now more than ever. Contact us today to get your home search started 📱 303-301-4718 . . . . . #realestateforsale #luxuryhomes #coloradohomes #boulderhomes #coloradolife #boulderlife #compass #compassrealestate #compasscolorado #burgessgrouprealty #listings #listingexpert #listingsexpert #realestatetips #realestateadvisor #realestatenews #realestatemarket #bouldercolorado #colorado #coloradorealestate #realestatenews #bouldercounty #bouldercountyrealestate #marketupdate #realestatestats