Posts by Bruce Dunning

Great Demand Despite Higher Interest Rates

Our Denver Metro market is still bubbling over. We are starting to see more inventory of homes to sell. Almost a 50% increase homes to market from base of Feb. on market date. Still it was absorbed fast by the pent up demand.Thinking of selling, now’s a great time. The Dunning Group has seen a great improvement in interest in the SW area  from last fall. We are here to help you find that perfect home. Call us at 303-904-2450.    
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GET A HEAD START ON THE MARKET! SPRING IS A GREAT TIME TO SELL!

Some tips for selling in the spring. Many home owners are unsure of how to proceed when they sell  a home in spring months. Here are some tips to selling in the spring.   Property inspector When you sell a home, you want it to be in great shape, Otherwise, a potential buyer won’t want to offer the highest price.  To do this, you should call a local property inspector who can take a look at the foundation and other parts of the house. If you have trouble finding an inspector, contact The Dunning Group (303-904-2450) to receive advice on
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Interest Rates Going Up !*!

The Fed has shown their intent to raise rates three times this year. What that will do to buying power follows. For every one point interest rates change , there is an equal 10% change in the buying power of buyer’s mortgage. So what does that mean: If a buyer qualifies for a $400,000 loan today, after rates rise 1% his/her ability to borrow drops by 10% to a $360,000 mortgage. Thinking of a change – NOW IS THE TIME TO SAVE !!!
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Are you thinking about buying a brand new home?

Find a good agent-The sales agents in the New Build offices represent the builder and not the buyer. It is in your best interest to use an agent who has experience with new build homes.  The Dunning Group has sold hundreds of new constructions in the past 25 years.  Call us before shopping for a brand new home.  303-904-2450
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Is 2017 The Year For Denver Metro to Top Out ?

The last four years have been super dynamic for real estate in the Denver metro area. There have been tons of sales as well as a healthy 10% per year appreciation. Even more stunning is that the average sold price is hovering around the $400,000 mark! 2016 started with a bang and we saw an extremely hot market during the first six months. Right around the 4th of July the market began its normal leveling trend.  During the second half of the year, as trends balanced out, we saw more inventory and the market became more normal. With such great
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100 Day Plans & Your Divine Mission

Ever sat down at the end of the year and looked at those lofty and ambitious goals you set at the beginning of the year ? Sometimes I must admit I’ve disappointed myself in the lack of traction I exhibited and the end results. I recently found two systems that stemmed from other individuals that have brought clarity and purpose to my life.The top one is the “100 Day Plan”. I borrowed this idea from Kevin Roberts author of Peak Performance:Business lessons from the World’s Top Sports.  Instead of making 10 goals for the year I now break down what I
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Merry Christmas & Happy Holidays!

Wow !!! What a year of roller coaster ups and downs.   Real Estate in the Denver Market has been a changing chameleon The first half of 2016 was a typical hot seller’s market under $400,000. Scarce inventory gave a push to higher pricing and multiple offers Anything in the $400’s-$700’s was really driven by location and condition with good sales. Then July hit, and as in the last three years, inventory in all price ranges grew and the market appreciation flattened out. So what’s going to happen in 2017? Pretty much the same but with one possible twist to
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Happy New Year !!

I know it’s the first of October . My past experience with small business owners, real estate agents/brokers and myself has taught me a big lesson. If I wait till Jan.1 after eating way to much, spending to much and not minding my business I find myself in the mud. Oh Yea ! I know , I make NEW YEAR’s Resolutions but really ??? Too many negatives and emotional barriers cause so much fall out that I find myself at ground zero by the end of January. How do I beat this humongous  gap ? I’ve learned to make next years
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