44 Shopping Days ’til Christmas?

Denver Market Watch 11/10/2017

It’s a great time to be a buyer, or is it?

New Listing (1058)
Back On Market (240)
Price Increase (134)
Price Decrease (905)
Under Contract (1520)
Withdrawn (219)
Leased (33)
Sold (1300)
Expired (225)

We continue to clear inventory with at least 1,500 properties going under contract each and every week.  This once again leaves us to a market with insufficient inventory to meet the needs of buyers.  We are seeing plenty of seasonal specific price reductions, and each week, we continue to observe the “Withdrawn” listing.  This seller has given up for the season.  Remaining listings, priced appropriately and presented in a favorable manner should see great activity between now and year’s end.

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22334 E. Idyllwilde Drive Parker, CO 80138

Competitively priced, ready for immediate occupancy and offering the ultimate in suburban living!

http://tomcryer.com/property/146812313/22334-east-idyllwilde-drive-parker-co-80138

 

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Denver Market Watch 11/7/2017

We can officially talk about our seasonal change. Denver Market Watch has posted the weekly statistics below. It is screaming at us from at least three different voices this morning!
 
Over the last week, New Listings is below the average, back on the market is up a bit. Price Decrease is up substantially. Is this the seller saying, “Get it sold?”  These seasonal impressions will only get more pronounced over the next few weeks.  Let’s keep an eye out for these trends to continue.
Although weekly data can’t predict the future, it is a guide, and we should pay attention to it!
 
New Listing (952)
Back On Market (227)
Price Increase (113)
Price Decrease (932)
Under Contract (1472)
Withdrawn (231)
Leased (38)
Sold (1524)
Expired (567)
One more note:  Expired, Withdrawn and Price Decrease sure appears to be painting a seasonal picture of sellers giving up and giving in to the 4th quarter tend ahead…tc
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“The Frost Is on the Pumpkin” 10-30-2017

What did we see in the Denver Market this week?  Even though we put 1,640 listings under contract, we had 965 with price reductions.  WE are starting to see a bifurcation in the market place.  Higher price ranges are seeing price reductions.  Lower price ranges are requiring significant attention to their pricing too.

Anecdotally, we put one under contract last week that had received to price reductions.  After the second price reduction, we jumped in a “snapped it up”.  This time of year, sellers get tired of the process.  Some become more flexible.  As a result, this is always a good time to take a second look.

Properties close to urban access remain in very high demand.  As the location become suburban, distant suburban and rural, we are clearly seeing a market cooling off for the season.

New Listing (1030)
Back On Market (245)
Price Increase (117)
Price Decrease (965)
Under Contract (1640)
Withdrawn (175)
Leased (29)
Sold (1568)
Expired (236)
Posted in Denver, Denver Housing, Denver Market Watch, Denver Real Estate, Denver Renters, Denver Residential Real Estate, Denver Transferees, Uncategorized | Leave a comment

’tis the Season!

Last week we saw a much greater number of listings and under contracts.  This week, we saw a decline in both.  Proving once again, if we had more inventory, we’d have more sales.  To a certain extent, we are observing that, “Buyers want last year’s prices and Sellers are still holding out for next year’s prices”.  A conundrum of the ages, but we work to keep the friction in the Denver Market Place moving forward.  This would be a great season to put your home on the market!

 

Denver MLS Market Watch
New Listing (980)
Back On Market (250)
Price Increase (110)
Price Decrease (1030)
Under Contract (1584)
Withdrawn (199)
Leased (31)
Sold (1390)
Expired (234)
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18173 E. Caley Drive – Tan, Rested and Ready!

Home Tour

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What’s new in the Denver Market in the last 7 days?

10-17-2017

We are still “killing it” with our under contracts.  Keep an eye on the Back on Market numbers.  These are the contracts that have fallen.  New Listings still lagging behind what the market needs!

New Listing (1096)
Back On Market (267)
Price Increase (135)
Price Decrease (1098)
Under Contract (1631)
Withdrawn (200)
Leased (24)
Sold (1289)
Expired (298)

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Let’s Make Your Home Great Again!

Your home is your sanctuary; a place where memories are made, where family gathers, and where you can lay your head after each long day. But an unorganized home can be an unnecessary source of stress. No matter how big or small your space is, the following tips can help you get your home decluttered and organized in no time.

Decluttering your kitchen

Can’t ever find what you’re looking for in that crowded pantry or kitchen cabinet? Start by throwing out expired foods, and donate canned goods that you’ll never use. Then group your items by category. Use organization tools like tiered spice racks, turntables, or baskets to organize spices and canned foods. Store your flour, sugar, and other bulky items in clear jars to keep track of how much you have and maintain a cohesive look.

Organizing your laundry room

First things first, get things off the floor. Hang wire shelving to elevate bulky laundry baskets, and place hooks on the wall to hang your ironing board, brooms, and other long, narrow items. If you’re extra tight on space, mount a retractable drying rack to the wall. Keep your detergent and other cleaning supplies in a caddy or basket, or hide them away in an easy-to-reach cabinet. And, be sure to presort your dirty clothes in designated hampers.

Organizing your bathroom

The key to keeping your bathroom functional yet tidy is to give everything a home. Glass apothecary jars are a great way to store cotton balls and swabs while adding an elegant touch. Add shelving above the toilet for additional linen storage, and place hairdryers and brushes in over-the-cabinet baskets. Keep your countertop decluttered by storing bottled products in caddies under the counter, or mount stylish baskets to the wall instead.

Maximizing other storage spaces

If you lack storage space throughout your home, go vertical. Your wall space can be your best friend for storage, especially in your garage or closet. And don’t forget to utilize under-the-bed space, which can be used for storing winter clothes or other seasonal items. If you’re handy, build recessed drawers or cabinets into the wall for even more hidden storage.

And my favorite!  Organize your garage

You spent a small fortune on your automobile.  Now you are letting it take on the sun, the rain, the snow, ice and heaven forbid, hail stones!  Remember, your car is worth more than the kids bicycle.  A garage can be a sanctuary too!  Two great choices here are Rubbermaid and The Elfa System at the Container Store.  Before you know it, cars and bicycles will live indoors in harmony.

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Hinges, Pulls and Knobs Oh My!

FIRING THE BAD CONTRACTOR

Getting it all done!

Repair and replace door hardware that makes rooms look dingy and outdated. We’ll show you how door and cabinet pulls, knobs, and hinges can give your home new sparkle. 

You can slam cabinet and bedroom doors only so many times before you have to repair and replace hardware that is loose, broken, or just plain old and tired. It doesn’t take a lot of time or money to tighten loose hardware, clean globs of paint off a hinge, or replace cabinet pulls to brighten any room in the house. and Replace Kitchen Cabinet Hardware

Replacing or repairing knobs and pulls on cabinets and drawers is a quick way to give your old kitchen a new look.

Cabinet hardware can be simple or ornate, and ranges from $1 a knob to $45 or more. Here’s your game plan:

  • Repair loose knobs and pulls by tightening holding screws, replacing stripped screws, or plugging gaps with wood filler applied with a putty knife.
  • Count the number of knobs or pulls you need before you head to the hardware store. Estimating will cost you time and money.
  • To replace pulls, which are attached to cabinets by a screw at each end, measure the distance between holes — not the length of pulls — to assure a perfect fit.
  • If you’re switching from a two-hole pull to a one-hole knob, choose hardware with back plates that cover door scratches and holes.

Tighten, Polish, or Replace Door Hardware

Nothing ages a room like a loose doorknob. You can tighten mortise-style doorknobs by simply tightening the setscrew on the side of the doorknob. For cylindrical doorknobs, you’ll need to take the doorknob apart.

Replace dated doorknobs with sleek door levers. For easiest installation, choose a lever handle lockset made by the same manufacturer. Prices range from $20 to $160.

Buy a commercial polish, such as Wright’s or Weiman, to make brass doorknobs shine. Warm water and a little dish soap or a homemade paste of equal parts vinegar and baking soda will scrub off dirt and make stainless steel and glass doorknobs sparkle.

Clean or Replace Door Hinges

Telltale paint on door hinges says someone did a sloppy job. To restore hinges, try these techniques:

  • Wash with sudsy hot water.
  • Scrub with a nylon brush or a toothbrush. A wire brush could damage the finish.
  • Brush on paint stripper that is safe for all surfaces.
  • Polish with beeswax furniture polish or brass polish.

 

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Take The Clutter Quiz

Do you have a serious problem with clutter and disorganization?

The professional organizers we interviewed suggest asking yourself these questions and providing answers on a scale of 1 (perfectly organized) to 10 (overwhelming clutter). If your responses tend to be (5) or higher, you have a problem.

1. Does the amount of clutter in your home, car or office seem overwhelming?
2. Do your de-cluttering and re-organizing efforts repeatedly relapse into disorder?
3. Are you ashamed when visitors come to your house?
4. Do you refuse to let visitors inside your house?
5. Do you own multiple copies of the same item — nail scissors, charging cords, a specific book, flashlights — because you couldn’t locate the original item when you needed it?
6. Do you keep something that’s broken because you intend to repair it someday?
7. Do your closet and dresser include clothing more than 10 years old (OK, fine, we’ll make exceptions for a few vintage and costume pieces).
8. Do your family and friends express concern about disorder in your home?
9. Is it hard for you to pare down your things because they might be useful someday?
10. Do you save appliance boxes, fast-food boxes and other things that most people automatically throw out?
11. Does your concern about saving food for an emergency result in a larder could easily feed everyone on the block?
12. Do you tend to get distracted during chores, shifting from one task to another before the first job is finished?

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