Good Morning Everyone!
We made it through a weekend of hotdogs, pools and thunderstorms in honor of our fallen. I have often thought there should be a better reckoning with out service people who fought in wars and came back with memories from the war zone they’d much rather forget, As my father once said to me, “War is bad”. And, it still is…
For all these reasons, Memorial Day is often sold as the first day of summer. “Memorial Day often has been associated with the unofficial start of summer, because it can coincide with the end of the school year and because in much of the country, it’s when pools and public beaches open for the season.”
There’s much history in just this one row at Ft. Logan National Cemetery, and there is something meaningful about visiting our parents there. Solemn but connected. Amen
Well, this week Denver’s MLS reported much of the same as previous weeks, but in much smaller numbers than earlier in the month.
New Listing (1017) Not a very large number here, but comparable to the number of closings!
Coming Soon (262) A bit higher, but not Earth Shaking.
Back On Market (218)
Price Increase (109)
Price Decrease (820)
Pending (1083) Not a big number, but certainly in line with the other numbers.
Closed (1021) Not much to brag about her, but still keeping pace with the others.
I guess what we can take away from this week’s numbers is total counts are down, but at a level equal to their corresponding numbers, so, no harm no foul and the “Beat Goes On”…
Where has the total number of listings gone? Let’s see…
We have healed since the Interest Rate onslaught of Last June. We only have 4,424 total SFRs Actively Listed in the 11 county MLS Area. This would be considered a shortage at any other time, except, With rates bouncing off the highs of 7% not many are moving either. “Where would I go, I have a 2.99% rate on my current residence!”
With all this said this morning, we have celebrated an important weekend and we are still here, and we wish the same for you. As always, don’t hesitate to pick of the phone and give us a call….tc
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