Are you considering Moving-Up to a New Denver Home?
A recent study revealed that the number of existing Denver home owners planning to buy a home this year is about to increase dramatically. Some are moving up, some are downsizing and others are making a lateral move. Another study shows that over 75% of these buyers will, in fact, be in that first category: a move-up buyer. We want to address this group of buyers in today™s blog post.
There is no way for us to predict the future but we can look at what happened over the last year. Let™s look at buyers that considered moving up last year but decided to wait instead.
Assume they had a home worth $300,000 and were looking at a home for $400,000 (putting 10% down they would get a
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