4 historic homes that only get better with time

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Old-world charm meets modern luxury? Don’t mind if we do.eo?_t=136d647b88304d6c827d39dbe797d50a&_m=244f9a8893ec4a13991d3fba442182f6&_e=F4QjQn-X4n2-6yLc94J8D4B_K-km5ph_wPTNOw0dAL5FMjwhr5_UPRgwE7SvgiWYcAh4SPRAV2P0EFHPZghDD-tA6aR01CTT5o76NwWTygaFKZx30i1m0-5wGnrm4SQFTrHhIaOoBDz6oN6vVcJqdCJfwEL-JoL90p3la2vT27hNuBGpnUkxVEWJ9MuMocJ0

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DenverMarketWatch – 2020Vision

Denver’s Only Weekly Residential Market Watch
View this email in your browser
January 2020

Good Morning Everyone “01/20/2020”

Let’s take a quick look at what the Denver MLS has to say to us this week.

New Listing (1160)
Coming Soon (0)
Back On Market (184)
Price Increase (473)
Price Decrease (664)
Pending (1325)
Withdrawn (113)
Leased (53)
Closed (828)
Expired (255)

Let’s get right into it. 2020 Is off to the same dynamic as 2019. Limited Supply, Favorable Demand and Low Interest Rates. Life is very good for most sellers in this market. Life is “hard work” for most buyers. We are surrounded by entire neighborhoods with NO inventory, and when it does approach the market, buyers are like “Great Whites” off of Cape Cod.

Basically, the market is so thin with new inventory, buyers are jumping on anything and everything, in some neighborhoods, but being a bit more “picky” in others. Anecdotally, we are running low on listings. We have had a rapid response to everything we’ve put on the market, and we are receiving phone calls about “Off Market” listings coming soon.

We will have more of the same until July. At that point, we will have some external factors coming into play we can remember from 2016; A Presidential Election, A Numbers Game in Congress and The Inevitable Global Impacted Somewhere…

As you can see from the graph above, we finished the year with slightly more than 5,000 acctive listings while averaging about 5,000 closings each month. From this, we can see, 1 month’s supply of inventory in a market as big as Denver with 1.5M households. This market is primed once again for the spring rush with a dearth of inventory. It does not appear to have any reason to change. Builders are not interested in building inventory, our senior population is aging in place in record numbers in the metro area and the new resident numbers continue to beat national averages.

So, what’s a buyer to do? We have a very successful system for buyers, and we have unmatched results with our listings too.

The numbers still tell us, the Under Contracts and Solds this week were very strong, but the Active Listings are still not keeping pace. Let’s think about this for just one minute. In the Greater Denver Metro Area, there are 1.5M residences. We have about 5,000 active listings. The insignificance of this ratio is epically low.

We will have a plethora of economic news this week. For the next 12 months, it will be the goal of one party to characterize this news negatively, and the other party to characterize this news as the “next coming”. Long story short, we have an EPIC ride in front of us. Fasten Your Seatbelts, it should be exciting!

A successful move, relocation, down pricing, down sizing or even moving up takes planning. Jumping out of a airplane without a parachute is not healthy. The proper order and proper plan for buying or selling a home requires the same attention to detail. Give us a call, come in, spend one hour with us. Let us show you a clear pathway to a successful transition. We’ll be there for you…

Dee and Tom Cryer TheCryerTeam@Kentwood.com 303-887-3917

The Cryer Team
The Cryer Team
Tom and Dee Cryer
303-638-3202 Tom
303-887-3917 Dee
Our Website »
Contact Us »
Facebook Fan Page LinkedIn Pinterest Twitter Youtube (Channel)
Kentwood Real Estate
Kentwood Real Estate
4949 South Niagara Street #400
Denver, CO 80237
720-330-8888
Sent to

Property Alerts Login Sign Up for Property Alerts
RealtorEHO
Copyright © 2020 Kentwood Real Estate. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. You are receiving this email as a current or former client of Kentwood Real Estate or one of its associates.
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These cities could see a boost in home values

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And more 2020 predictions from the experts.eo?_t=136d647b88304d6c827d39dbe797d50a&_m=57704bf7db9645a48df135aec65c9ed7&_e=D0pl15vfS_kWuWb5v15Ma38Ne8PcukqFZSmeClUXfTGM7K4PdSKUyzuLm5ibGaLZHAbZFwwhshQIMPGxlTrdACIgEpfDexAVVk7dNtxI9XjZ3_iNrSvekBoelF5swlInZRNA8Yiac-uiqEBvGkSI9AqYIhyjYFlbQNOIEXq8jF0LVhtYfYKK8MgYO295GHqJ

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Home resolutions to make in 2020

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Because it’s where you spend most of your time. Or is that just us?eo?_t=136d647b88304d6c827d39dbe797d50a&_m=14bf7e638e454b34af298cfbc780394e&_e=qbfMkZzRTsvVIRqzLrEdpvMS6l84kV21tFXd7uZS-U8MNNh0Ngr2DMP5CNl-oJeOlB2-Ml9s3M0W-Tt2KAqF_XmIFsj6TskC-Gu85IA92h7ulSx_1adaxmcDRrdoEXtBHmFEy4Z_QUeXUcPx0rSiovv8jZFg8iEmpNkkOcoRDAHh2X8eKkjdLxugYz2hvVJs

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A fun time supporting a great cause!

https://www.facebook.com/1306832/posts/10103007621444324/?d=n

Tom Cryer
Tom@kentwood.com
303-638-3202
Www.TheCryerTeam.com

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Ten Freegan Apps for 2020 I Love, Use and Endorse…tc #2020Vision

1. Libby… I just love Libby! Free audio books and all you need to start is a library card.

2. Stitcher Radio… All my favorite podcasts waiting for me moments after they post.

3. Relive… This is a free app that measures your trip from an aerial view, organizes your images along the way and is exciting to watch after a long trail or trip.

4. Flipboard… This is a free news aggregator app. If you like to READ news, you can refine your new sources to get your true balance desired.

5. Twitter… I know, I know, but worldwide, you can follow the leaders from industry, government and associates in one easy to use app.

6. Starbucks… This will not be everyone’s cup of tea… hehehe… but, I routinely receive Starbucks gift cards. They can all be saved in the app and be with you all the time.

7. CNBC… I love owning The World’s Great Companies! CNBC helps me do this.

8. YouTube… This app brings you free entertainment, direction and enlightenment with just a few clicks.

9. HomeSnap… This is a free real estate app, I can easily connect you with it, and you can have realtime real estate updates.

10. Charles Schwab… Some would argue this app is not free, but you have to put your money somewhere, right? So if Schwab is your bank, this app is free, and it is great!  Start today and click here!

With these ten apps, one’s phone becomes a “Free University”, and we can all use that!

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DenverMarketWatch – 2020Vision

Denver’s Weekly Residential Market Watch
View this email in your browser
January 2020

Good Morning Everyone!

Let’s take a quick look at what the Denver MLS has to say to us this week.

New Listing (717)
Back On Market (173)
Price Increase (405)
Price Decrease (443)
Under Contract (757)
Withdrawn (101)
Leased (56)
Sold (1016)
Expired (970)

Observations from 2019 are making #2020Vision a little cloudy… Aren’t they?

Basically, the market is so thin with new inventory, buyers are jumping on anything and everything, in some neighborhoods, but being a bit more “picky” in others. Anechdotally, we have had three of our listings go under contract in the last few weeks before, during and after the holidays. The toughest sale was the most geographically distant from Downtown and the DTC. Proximity is always a concern for buyers. As we approach the limits of affordability, this may be even more so.

As you can see from the graph above, we finished the year with slightly more than 5,000 acctive listings while averaging about 5,000 closings each month. From this, we can see, 1 month’s supply of inventory in a market as big as Denver with 1.5M households. This market is primed once again for the spring rush with a dirth of inventory. It does not appear to have any reason to change. Builders are not interested in building inventory, our senior population is aging in place in record numbers in the metro area and the inmigration numbers continue to beat national averages.

So, what’s a buyer to do? We have a very successful system for buyers, and we have unmatched results with our listings too.

The numbers still tell us, the Under Contracts and Solds this week were very strong, but the Active Listings are just not keeping pace. Let’s think about this for just one minute. In the Greater Denver Metro Area, there are 1.5M residences. We have about 5,000 active listings. The insignificance of this ratio is epically low.

We will have a plethora of economic news this week. For the next 12 months, it will be the goal of one party to characterize this news negatively, and the other party to characterize this news as the “next coming”. Long story short, we have an EPIC ride in front of us. Fasten Your Seatbelts, enjoy!

A successful move, relocation, down pricing, down sizing or even moving up takes planning. Jumping out of a airplane without a parachute is not healthy. The proper order and proper plan for buying or selling a home requires the same attention to detail. Give us a call, come in, spend just one hour with us. Let us show you a clear pathway to a successful transition. We’ll be there for you…

Dee and Tom Cryer TheCryerTeam@Kentwood.com 303-887-3917

The Cryer Team
The Cryer Team
Tom and Dee Cryer
303-638-3202 Tom
303-887-3917 Dee
Our Website »
Contact Us »
Facebook Fan Page LinkedIn Pinterest Twitter Youtube (Channel)
Kentwood Real Estate
Kentwood Real Estate
4949 South Niagara Street #400
Denver, CO 80237
720-330-8888
Sent to

Property Alerts Login Sign Up for Property Alerts
RealtorEHO
Copyright © 2020 Kentwood Real Estate. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. You are receiving this email as a current or former client of Kentwood Real Estate or one of its associates.
Posted in Denver Residential Real Estate | Leave a comment

5 homes that will make you 😍

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Prepare to do a double take.eo?_t=136d647b88304d6c827d39dbe797d50a&_m=271c3751db1645cdaba6bb4e6d170c5b&_e=3omNViqKc9UZYGVvO5gHTne2PZ7A_kZKMzp0SH8es0i1IWi9c9JXHqhab4iygmbSbZB_DBYq25YJJ4JGh8x1EF--uuJpxEpmfdp3IZHpk_1erm4wWlhlF4F_6vwLfb2aPUaUzucocY4KVaBZfYcw4n-LmeNDfnTjewOWUqidV8jc2bOYB96LtiJsKaWiwAqr

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Major airline could get 24 of DIA’s 39 new gates if Denver City Council approves – Denver Business Journal

https://www.bizjournals.com/denver/news/2020/01/03/united-airlines-new-gates-dia.html

Tom Cryer
Tom@kentwood.com
303-638-3202
Www.TheCryerTeam.com

Posted in Denver Residential Real Estate | Leave a comment

Elliot’s Brief Blog for Thursday, January 2, 2020

Fed Forecasts

A year ago, six Fed members saw short-term rates ending 2019 up by three-quarters of a point, 5 members saw them rising by half a point, 4 members by a quarter-point, and two members saw no change. In the end, the Fed lowered rates by three-quarters of a point. For what it’s worth, 13 Fed members see no rate change in 2020, while four see rates rising by a quarter-point.

Econ70 – Home of GraphsandLaughs
www.econ70.com
Elliot F. Eisenberg, Ph.D.
elliot@graphsandlaughs.net
(202) 306 2731
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