720-724-8187 rogelio@vidabroker.com
Divorce and Your Home

There’s no hiding the fact that a good number of marriages end in divorce. From the emotional toll to working through child custody concerns, divorce is just not an easy process. The financial part does not have to be as taxing, though. It’s one of those three big D’s: Divorce, Death, Disability. Preparing for the “just in case” scenario can make a huge difference when they come around.  In Colorado, the divorce full process takes at least 90 days from the initial filing and serving of copies to the spouse. That is the earliest a court will grant a divorce. However, matters can go as far as a full out trial, greatly lengthening the process. These are just some considerations regarding the subject when real estate is involved.

Refinancing

If one party can afford the costs of home ownership after one of the income providers is gone, then home retention is an option. The party keeping the home will have to refinance with one income, unless, of course, there is third-party involved in qualifying. Chances are the person leaving may need to be “cashed out”. Yet another possible scenario is having an added expense of child support and alimony.

Keeping the Loan

Another option is for the person leaving is to stay on the mortgage. This is a bit riskier for the departing party and their credit if the person keeping the home defaults on the mortgage payment. This situation also creates a challenge for the party leaving to obtain new financing. They can still be quit claimed out of title if they were sell their interest in the property. Otherwise, the person staying will not be able to refinance or sell without the exiting party’s agreement.

Selling the Property

The conditions and terms of selling depend on whether there is equity in the property, the home was acquired during the marriage and if there was a prior (prenuptial) agreement in place. This is where Vida Real Properties can help you. A comparable market analysis along with an initial title report and loan statement can give you an idea of the possible of range of net proceeds to each party. Ideas to improve the value and marketability can be discussed. Communication can be with one party at a time if they are not on speaking terms. If the divorce goes to trial, you may not have a choice on which agent to work with. Being proactive makes a difference.

Here are some articles of interest:

 

I hope you are not in that situation, but if divorce is a reality and you need to address your home situation, you can contact me  by email  or call 303-728-9433.

 

 

 

Rogelio Rodriguez

Vida Real Properties and Services, LLC

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YOUTUBE

As we settle into spring 2025, Denver’s real estate market is revealing some critical shifts. Whether you’re buying your first home or preparing to sell a property you’ve outgrown, understanding the market’s current temperature—especially through the lens of months-of-supply—can help you move with clarity and confidence.

📊 What Is Months-of-Supply?

Months-of-supply tells us how many months it would take to sell all current homes on the market at today’s pace, assuming no new listings come in. It’s one of the best ways to gauge whether buyers or sellers have the upper hand:

  • 0–4 months: Seller’s market
  • 4–6 months: Balanced market
  • 6+ months: Buyer’s market

📍 What’s Happening in Denver?

Denver currently has a 3.1-month supply, nudging close to a balanced market. While still favoring sellers slightly, inventory is rising fast—up 11.2% year-over-year and a striking 70.6% above 2019 levels. New listings also rose by 18.1% over the past year, though still slightly below pre-pandemic levels.

Now here’s a key point: closed sales in April 2025 were down 3.2% from last year. Fewer completed transactions suggest that buyer activity is cooling even as more homes hit the market. This shift reflects growing caution among buyers, likely tied to higher mortgage rates and affordability pressures.

In simple terms: we’re seeing more homes for sale, fewer homes being sold, and slightly longer time on market. This is a clear signal that the market is transitioning—and that timing, strategy, and pricing are more important than ever.

🏙️ Comparing Other Cities

Miami Area – 7.8 months of supply

Buyer’s market with inventory up 37.5%, but closed sales flat. Homes are sitting.

Austin, TX – 5.4 months

Moving toward balance. Listings up 19.7%, but also seeing a slowdown in closed deals.

Phoenix, AZ – 3.6 months

Still seller-friendly, but inventory has surged 54.6%. Like Denver, the pace is slowing.

In comparison, Denver’s sharp inventory rise paired with declining closings indicates one thing: competition is heating up—especially for sellers.

🤝 Buyers: Opportunity Is Knocking

  • More Inventory = More Choice

  • Stronger Negotiation Power: Fewer bidding wars, more room to talk terms.

  • Act Smart, Not Fast: It’s not about “the deal”—it’s about the right deal.

💼 Sellers: Stay Strategic

  • Price It Right: With fewer sales happening, homes that are overpriced are sitting.

  • Presentation Wins: You’ll stand out when your home is clean, staged, and easy to show.

  • Act Now While It’s Still a Seller’s Market: We’re on the edge—waiting could cost you.

📲 Let’s Talk—No Pressure

Whether you’re dreaming of a new home or prepping to sell, let’s have a free, no-obligation conversation to map out your next move.
📞 Text/call me directly at 720-724-8187
📅 Or grab a time that works for you: Book Here

You’ll get real insight, no pressure—just a smart path forward based on your goals.

REFERENCES

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