If you’ve been in your home for longer than five years, you’re not alone. According to recent data from First American, homeowners are staying put much longer than historical averages (see graph below):As the graph shows, before 2008, homeowners sold their houses after an average of just five years. Today, that number has more than doubled to over 10 years. The housing industry refers to this as your tenure.

To really explore tenure, it’s important to understand what drives people to make a move. An article from The Balance explores some of the primary reasons individuals choose to sell their houses. It says:

“People who move for home-related reasons might need a larger home or a house that better fits their needs, . . . Financial reasons for moving include wanting a nicer home, moving to a newer home to avoid making repairs on the old one, or cashing in on existing equity.”

If you’ve been in your home for longer than the norm, chances are you’re putting off addressing one, if not several, of the reasons other individuals choose to move. If this sounds like you, here are a few things to consider:

If your needs have changed, it may be time to re-evaluate your home.

As the past year has shown, our needs can change rapidly. That means the longer you’ve been in your home, the more likely it is your needs have evolved. The Balance notes several personal factors that could lead to your home no longer meeting your needs, including relationship and job changes.

For example, many workers recently found out they’ll be working remotely indefinitely. If that’s the case for you, you may need more space for a dedicated home office. Other homeowners choose to sell because the number of people living under their roof changes. Now more than ever, we’re spending more and more time at home. As you do, consider if your home really delivers on what you need moving forward.

It’s often financially beneficial to sell your house and move.

One of the biggest benefits of homeownership is the equity your home builds over time. If you’ve been in your house for several years, you may not realize how much equity you have. According to the latest Homeowner Equity Report from CoreLogic, homeowners gained an average of $33,400 in equity over the past year.

That equity, plus today’s low mortgage rates, can fuel a major upgrade when you sell your home and purchase a new one. Or, if you’re looking to downsize, your equity can help provide a larger down payment and lower your monthly payments over the life of your next loan. No matter what, there are significant financial benefits to selling in today’s market.

Bottom Line

If you’ve been in your home for 5-10 years or more, now might be the time to explore your options. Today’s low rates and your built-up equity could provide you with the opportunity to address your evolving needs. If you feel it’s time to sell, let’s connect.

Last year was such a success that we want to show our appreciation and THANKS for your continued support of Keenan Real Estate with a  2nd Annual Christmas Mini Photo Shoot. These will be short Christmas minis with the purpose of getting a few great shots to use for a Christmas card or to get an updated family portrait, our treat.  Each session will be 15 minutes long and will take place at The Idyllwilde Grand Hall, 22008 E Idyllwilde Dr, Parker CO 80138. There will be several Christmas decorations to make each photo session personalized. 

Feel free to sign up here: October 9th

https://bit.ly/miniphoto9

Feel free to sign up here: October 16th

https://bit.ly/Miniphoto16

If you’re on the fence about whether or not you want to sell your house this year, there’s good news. Real estate professionals are highly experienced in how to sell houses safely during the pandemic. Over the last year, agents have adopted new technologies and safety measures designed to keep you safe. And experts say these practices are here to stay. As Bob Goldberg, CEO of the National Association of Realtors (NAR), puts it:

“The pandemic has confirmed to all of us in the industry that technology will continue to transform real estate.”

Below is a closer look at some of the new tools real estate professionals are using to better serve sellers.

New and Existing Technology Are Impacting the Process

In the 2021 Realtor Technology Survey, NAR asks real estate professionals their opinions on the most valuable pieces of technology for their business over the past 12 months. The graph below highlights the top five tools those agents said are true game-changers:Tools that allow agents to serve clients at a distance and limit exposure to others, including eSignature, lockboxes, and video conferencing, became increasingly important during the last year. Those same tools are just as essential today. Restricting the number of people a seller must interact with during the process is the best way to keep all parties involved in a sale safe.

Trusted Advisors Stay Up to Date on Guidelines for In-Person Showings

As things change in our day-to-day lives, the guidance on how to stay safe changes as well. NAR regularly updates the resources available to real estate professionals to ensure the latest recommendations and best practices are readily available. This includes suggestions on how to continue to conduct safe in-person showings.

Agents also follow guidance from the Centers for Disease Control (CDC) to make sure homes are safe. The CDC’s advice includes information on how to clean high-touch surfaces like doorknobs, tables, and countertops so they’re disinfected for all.

This past year changed the way agents do things for the better. Real estate professionals use new technology, tools, cleaning procedures, and the latest guidance to meet your changing needs. The goal is to keep you safe and build your confidence throughout the sales process.

Bottom Line

It’s important to know that your safety is still a top priority when it comes to selling this year. Let’s connect today so you can have the best tools available to help you take advantage of today’s sellers’ market.

Bill Keenan has had tremendous success finding buyers' homes. He is relentless in his pursuit when clients have specific needs. If you are looking for a home he WILL help .you find one. Give him a call 720-606-3800.

Some Highlights

• Pricing your house right takes market experience and expertise.
• To find the best list price, your agent balances current market demand, values of homes in your neighborhood, where prices are headed, and your home’s condition.
• If you’re ready to sell, don’t guess on the price. Let’s connect today so we price your house to attract multiple offers and maximize your return on investment.

 Wishing all you wonderful Moms all the love and happiness you so richly deserve!
Happy Mother's Day

12 of the Best Rooftops Patios in Denver and Beyond

As Coloradans, we love altitude. But why limit ourselves to 5,280 feet when we can be a mile high plus 27 floors up on a killer rooftop? With the weather becoming consistently warmer, it’s time to head up—way up—to the best eating and drinking destinations around. These 12 rooftop bars and restaurants are tip-top spots at which to cheers a Rocky Mountain sunset.

54thirty

Starting with Denver’s highest open-air rooftop bar, 54thirty is perched atop the Le Méridien hotel. The 20th floor bar, which is named for its altitude at 5,430 feet, is popular (how could the city’s highest al fresco rooftop bar not be?) so get there early or be ready to wait. The space offers oodles of sun during the day, fire pits on chilly nights, and Instagram cred, well, always.

Drink this: There may be no drink more appropriately named than the #Thatviewthough, a mix of vodka, chamomile tea syrup, lemon, and Denver Beer Co.’s Princess Yum Yum raspberry Kölsch.

Grow & Gather

There’s already a lot going on at Englewood’s Grow & Gather: The former automotive shop now houses a hydroponic farm, urban garden, market, greenhouse, and a restaurant, The Feedery. But one of the best spots to enjoy all that hyper-locally grown produce is on the rooftop, at a table nestled between the greenhouse and grow bed retaining wall. That’s a whole lot of greenery for an industrial stretch of Hampden Avenue. Note: Due to difficulty hiring, the rooftop is closed for the time being, but keep an eye out for a reopening later this summer.

Drink this: Grab an On the Fence kombucha or Middle State Coffee cortado for brunch, or one of the house cocktails made with the Family Jones spirits for happy hour.

Tap Fourteen

Don’t worry beer geeks, there’s a rooftop for you, too. Tap Fourteen offers 70 Colorado draft beers (and more than 50 Colorado-made whiskeys, because whiskey geeks need love, too) on the rooftop of Hayter’s & Co. The south-facing beer garden is downright dripping in sunshine come summer, so bring the SPF.

Drink this: There are a lot of choices, but check out the Tap Fourteen exclusive, Platt Park Peach Guava Snowdance IPA.

Peaks Lounge

If you’re looking for a change in perspective, try the sky-high Peaks Lounge inside the Hyatt Regency at the Colorado Convention Center. A favorite of local sophisticates and out-of-towners alike, this 27th floor enclosed (but well-windowed) bar offers one of the best vantage points in town. Note: Peaks is currently closed but is expected to emerge from its COVID-19 cocoon at the end of May.

Drink this: End your night with city views and the 27th Floor, a decaf coffee liqueur, crème de cocoa, espresso, vodka, and cream cocktail.

The Woods

The Source Hotel’s eighth-floor rooftop bar and restaurant, the Woods, is certainly one of our favorite spots to catch the unbeatable duo that is city skyline and mountain views. The wraparound terrace is our favorite perch, but even indoor tables share the views thanks to massive windowed garage doors. And when they’re flung open on nice days, it’s even better.

Drink this: Frosé all day.

The Golden Mill

When the Golden Mill opened in April, it didn’t just bring west siders more food options, it also added a great rooftop to the Front Range’s already stellar lineup. Boasting views of Table Mountain and the equally iconic Coors Brewery, the rooftop is the best seat in, or should we say on, the house. Besides the very on-trend food (Hot chicken sandwiches! Birria gorditas! Poke!), there’s two self-pour beverage walls serving 50 local craft beers, wines, cocktails, and more.

For complete list visit https://bit.ly/3ewOvgQ

Mark-
We are so excited for you! I know this move was a lot for you but now you are going to have that beautiful ranch home you've always wanted with a great 3 car garage. Thanks for being so on top of everything. It is such a pleasure working with you. Congratulations!!!

Friends,
If you are thinking about listing or buying a home give us a call. We promise to exceed your expectations and we will.
720-515-0248