My initial reaction was laughter. Then I realized there will be someone out there either desperate or delusional enough to pay 220k on a shoe box with no garage, 1 bedroom and 1 bath in Aurora of all places. That’s what this has come to. That place looks like an absolute dump. I’ve lived in Aurora for many years, close to that part of Aurora too. It has declined both with crime and other aspects quite a bit over the last decade. You would have to be completely insane or a complete idiot to pay that amount of money for that dump. Sorry, but I’m just stating the obvious. Just because you can afford to buy something doesn’t necessarily mean you should. Good luck selling that thing. It’s too bad you’re not allowed to send the mugshot of the guy who buys it. I could use more laughs this days.
Good morning, Brando Sunshine! We were under contract in under two days with a number of interested parties. I am thrilled for the seller, who will be walking away with significant equity in just a few years, and also for the new buyer, who will be beginning their path to building wealth through homeownership. I'm sure you're right about everything, and the housing market, wider economy, and society as a whole will be collapsing...well, any minute now, isn't it? But until then, I'm going to keep serving people who live in the real world. Strange, I know, but it's worked well thus far. I do agree with one thing: it certainly seems like you could use a laugh or two! I'm a Tom Segura guy. Give him a shot.
@@DenverLivingwithSam And I just looked it up on MLS. I'm not sure who I should be congratulating here other than you for being able to sell it. In the #2 worst city in the state for violent crime, second only to Pueblo. $350 a month HOA fees, no garage to protect against theft or vandalism, but at least the owner gets to climb up a ladder (and I can't believe I'm typing that) to go upstairs to the office. Sounds like a dream. Break a leg. BTW, identical condos in that same community were selling for 240k back in the peak June 2022. Now it's worth 220k? What equity are we talking about here?
Let me let you in on a secret, my cantankerous friend: even if home values were higher at some point in the past (June 2022, for example), than they are now, a homeowner can still have equity. It happens all the time, in fact! My guy has done well. You may not want to believe it, and that is certainly your right, but I'm afraid it has no bearing on reality. HOWEVER I thank you on the congratulations. I do think we did a good job marketing the property, and you must admit, the video turned out pretty nice! Eh? Ehhhh??????
@@DenverLivingwithSam Let me let you in on one of mine. Millennials and Gen-Zers are the biggest home buyers. Buyers that trip over their own underwear, shoving each other aside and over bidding each other. This is STILL happening. How is this good for anybody but Sam Neumann? It's the same infectious psychological worm that got into peoples' brains three years ago before the economic shutdown, that drove hysterical buyers to the local Walmart to buy up all the toilet paper. Cause that makes sense, right? Priorities! And eff thy fellow man, cause I got mine. These are the people responsible for the spike in prices over the past few years, and they are fueled by real estate agents like you, and the bogus horseshit the NAR pumps out all over the internet, an organization being sued for 1.8 billion dollars BTW. As far as reality is concerned, home prices have declined in this area and many others since about June of 2022. That is a fact. Not my 'belief'. It took 20 years to get here. Why do you think it will only take a year or two to finish playing out when it has never done that. This isn't crypto and this isn't the stock market. If you need a more radical example of what is happening across the western half of the US, look no further than San Francisco. A year and half ago, homes were selling at 2.1 million dollars. They are now selling for 1.6 million. Ouch.
![What Does $220,000 Get You in Metro Denver? [Denver Condos For Sale]](/img/logo.svg){kind=logo}
