Well, some idiot hacked my website so my on-line communication has been a little sparse as of late. At any rate, I’m glad to be back up and running and have received a lot of emails from folks wondering where it was and looking for area information. All is well that ends well.

Speaking of ending well, 2011 is quickly drawing to a close and it was another great year for my clients and those at Re/Max of Cherry Creek. Although the market hasn’t returned to its hey day (and don’t hold your breath hoping for that), sales are still reasonably strong and with inventory pretty low, may create some golden opportunities for sellers in the new year. It appears that the cause of the shortage of houses on the market includes several factors: first off, many homeowners are holding off selling because they think that the market is so bad, and they are pining away for the old days and higher prices; secondly, with the job market being as tight as it is, people just aren’t moving around as much as they have historically. For the past couple of decades, people moved on the average every 6.5 years. Currently the figure is closer to every 11 years; and lastly, many baby boomers are simply deciding to stay put with many feeling a bit uncertain about their retirement prospects give the US and world economies.

So, what will we have to look forward to in 2012? Very hard to say, but there may be a bit of a golden opportunity for those wanting to sell. With interest rates at historically low levels, the appearance of an economy beginning to show some strength and the shortage of listings for buyers to choose from, sellers could be in the best position that they’ve seen in years.

Let me know if I can help answer your real estate questions, and I hope you have a wonderfully Christmas and holiday season. See you in 2012!