#DenverCommutingTimes

average commute time in u.s. by state and cityThis is a very handy guide to commuting times around the good old usa.  It’s relatively accurate, and when I think back on my own clientele, they tend to fit into this range nicely.

It seems commuting times in Denver are greatly exaggerated at times.

What are your thoughts?

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@MyTownCryer #MondayMarketUpdate #2019Update

13f63cc3-d676-4dd3-829c-d9ec1af526c4-24310-00000f40641aea56_fileWell, well, well.  Here we are.  2019 Is upon us.  Where will we go from here?  Examining last week’s MLS Data continues the long standing trend of reporting more under contract listings than new listings.

These are all good things if you are a seller  in the coming weeks and months.  In fact, a recent Land Title report suggests getting your house on the market earlier in the year, on average, nets the seller more than later into the year.

Last week, Dee and I attended the Colorado Real Estate Summit.  Three keynote speakers lead us on a journey of 2019.  Subject matter ranged from dynamic changes in residential real estate, to the economy to simply managing ones business.  The trendline taken from the event was direct.  Things will change, things are interdependent, and how you deal with it will determine your success or failure.  Hmmm?  Seems like I’ve heard this one before, but you know, we’ll hear it again, again and again moving forward.  Such is life!  On a fun note, if you get a chance to see Elliot Eisenberg, Ph.D. take the opportunity.  He may be the funniest, most exciting and engaging economist out there.

New Listing (961) This is a nice trend of supply.
Back On Market (169)
Price Increase (87)
Price Decrease (673)
Under Contract (1178)  This is almost a “Command Performance”!
Withdrawn (144)
Leased (46)
Sold (690)  Closings are expected to lag this time of year.  Very healthy!
Expired (224)

No matter what your real estate plans might be, ask for help.  We see buyers and sellers making big mistakes everyday.  Lean on us and learn from our experiences.  There is a difference.  Take advantage of those differences.  We will be here for you every step of the way.

Posted in Denver, Denver Foreclosure Properties, Denver Market Watch, Denver Real Estate, Denver Renters, Denver Residential Real Estate, The Denver Market Watch, Uncategorized | Leave a comment

Martin Luther King – Inspire Change

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2019 5Th Annual Colorado Real Estate Sales Summit

#GraphsandLaughs

The most entertaining economist we’ve ever heard!

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@MyTownCryer #DenverMarketWatch #2019WakingUP

Kentwood WordieAs 2019 wakes up and identifies what kind of market Denver will enjoy, let’s not forget, now is the time to create your plan for 2019 moving forward.  We’ve already experienced in these first two weeks a growing market.  Almost every telling category has seen a 20% bump over last week’s numbers.

So let’s follow along with my comments below.  Here’s what happened in Denver’s Residential Market last week.

New Listing (945)  This is a nice move over last week, up well over 200 listings!
Back On Market (210)  Not all sellers have given up!
Price Increase (90)
Price Decrease (623)  Sellers saying, “Let’s get it done!”
Under Contract (1033)  This is a very strong week.  If we see this next week, look out!
Withdrawn (144)
Leased (36)
Sold (713)
Expired (224)  When sellers lose confidence, this is what happens!

In closing this week, let’s be clear, by no means are these first two weeks of 2019 any sort of predictor.  With this being said, isn’t it nice to know in these first two weeks the market is growing and not contracting?  We will be watching this trend all year.  Check back often and share the buzz!

Please do not hesitate to reach out to us for recommendations, market updates and the referral services we offer worldwide.  We’re here for you every step of the way! 

 

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2018 Is Over! #Here’sWhatHappened

The Denver Residential Market still runs strong and deep. We fought off a crazy and unpredictable Wall Street. We worked with rising interest rates. We even watched Denver walk onto the world stage for a few international investors looking at our “A” Class Investment Grade Commercial Real Estate!

Here’s what happened around town and on Main St.

Please remember us for your Real Estate needs in Denver and around the world. We’ll be there for you “every step of the way”.

Posted in Denver, Denver Housing, Denver Market Watch, Denver Real Estate, Denver Residential Real Estate, Denver Transferees, Devil’s Tower, Uncategorized | Tagged , , | Leave a comment

@MyTownCryer #HonorOurHeros #ThankYou

Let’s all salute our men and women in uniform for their unselfish service!

2019-lawenforcement-1

 

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@MyTownCryer #2019 #AndWe’reOff #DenverMarketWatch

What's Important Today?We ended 2018 with 7,530 Active Listing on the market with December logging in 3,732 closings in the Denver Metro Residential Market.  With 52,132 total closings for 2018, this logs at least 5 consecutive years of more than 50,000 sales.  In spite of all the headlines about a “shortage of inventory” and now the new headlines about the coming market of “oversupply”, the truth is always in the facts.  Denver’s residential market is in a healthy place.  It may be moving toward a balance in our hottest neighborhoods, but clearly buyers have a choice now.  They don’t have to settle for the first house that comes up.  There is a new rational trend emerging with a new “fairness” arriving.  This my friends is a good thing!

Well, well, well, our first week of the year reflects a little bit of a New Year’s hangover.  With that being said, look closely, we still put more homes under contract than we put on the market.  The more we talk about this market, the more this market just does what it wants to do.

New Listing (719)  This is not a particularly busy week.
Back On Market (212)  Sellers saying, “Let’s try one more time…”
Price Increase (68)
Price Decrease (563)  Sellers’ saying, “OK, let’s get on with it already…”
Under Contract (725)  We still put more under contract than we listed.
Withdrawn (114)
Leased (29)
Sold (737)
Expired (967)  It’s that time of year.  If you didn’t get it done last year, what makes one think we’ll get it done this year.  A time for re-examining the market and pricing for everyone.

skiing 2018Thanks for following us.  I can’t tell you how much it means to us.  2018 Was a great year for Dee and me.  We had many exciting listings, and some challenging transactions.  And, we finished the year out with only two unsold listings, and both of those sellers continued with us for 2019!  It’s a good life.

As always, make a plan.  No matter how far out, pick up the phone, give us a call, and let us know what you’re contemplating.  We’re here for you every step of the way.

Posted in Denver, Denver Housing, Denver Market Watch, Denver Real Estate, Denver Renters, Denver Residential Real Estate, Denver Transferees, The Denver Market Watch, Uncategorized | Leave a comment

December 2018 Denver Market Watch…tc

Your monthly source for the latest Denver Area real estate news.

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December 2018
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Kentwood Real Estate
2019 Promises Lots of Opportunity in the Denver Real Estate Market
Homebuyers and sellers are seeing a lot of opportunity in the metro-Denver real estate market as of late. Since 2012, homeowners have received incredible appreciation. For those considering selling their home to move-up or to tap into their equity, now is an ideal time to do so. Read More >>
8 of Denver’s Most Affordable Neighborhoods
Finding an affordable place to live in Denver is becoming increasingly harder these days. Despite the growth in population and popularity, there are still pockets around Denver where you can purchase a reasonably priced home. Read More >>
5 Tips for Buying a House with Student Loan Debt
Buying a house with student loan debt might seem out of reach for many people. But the reality is, your student loan debt shouldn’t hold you back from home ownership. Read More >>
Featured Properties
Light Rail Close-In Walkable in Lone Tree
10365 Prairie Sky Place, Lone Tree CO
Rare opportunity to own in the very Walkscore Friendly Parkside at Ridgegate. Minutes to light rail, I-25, C-470, Bluffs Regional Park, Lone Tree Arts Center, Lone Tree Rec Center, Douglas County Library, and numerous restaurants and shops. This stunning home is well maintained and appointed with high-end cabinetry, fixtures, and finishes. Gourmet kitchen features stainless appliances, granite countertops, and an inviting, oversized center island. Open floor plan with soaring, 2-story great r…
Full Property Details »
The Village – Close to Everything!
641 Ruby Trust Way, Castle Rock CO
The essence of this property deserves a patient visit. Purposely placed at the end of a wooded ridge-top cul-de-sac, this sophisticated Austin Signature Homes built ranch is the epitome of refinement, flawless in every detail & maintained like no other. This storybook setting with its cascading waterfalls, stone walkways & flower beds sits between old growth pines. Views in the evening are as spectacular as those during the day and can be captured from almost every window, deck & …
Full Property Details »
The Cryer Team
The Cryer Team 303-638-3202 Tom
303-887-3917 Dee
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Market Snapshot
Market Movers
Kentwood Real Estate unveils fresh look for the iconic brand. The iconic green Kentwood tree has been updated to be brighter and more modern while being instantly distinguishable as Kentwood. This new look takes the legacy of the Kentwood tree and color palette and bring it to the next level.

Two dozen houses have been added to Denver’s Affordable Housing Objective. Starting at $220,000 new Green Valley Ranch homes come with special discounts for teachers, first responders and military members.

Slower sales and higher prices on tap for Denver housing market next year, but that the decline in activity won’t derail home price gains as existing homeowners buy up higher-value properties.

Testimonial
The Cryer Team was the perfect team for us! Due to their guidance, we had a contract on our home in less than 48 hours. Their expertise in corporate relocation was priceless.
-D. G.
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©2018 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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Homestead in the Willows #Centennial #CherryCreekSchools #Neighborhoods

Willow Spring

Sunrise Walk in the Open Space

Between the corners of Arapahoe Rd., S. Quebec St., Dry Creek Rd., and S. Holly St. a suburban oasis called A History of Centennial.  A square mile of diversity including everything from a Fire Station to an Elementary School to a small office park to a storage facility to apartments to condos to townhomes to patio homes to detached single family homes to luxury residences.  For a list of floor plans click here.

What we call Homestead, coyotes, hawks, Lark Bunting, the occasional deer, raccoons, and foxes call home, because right in the center of that square mile or 640 acres lies a 120 acre open space named by South Suburban Parks and Recreation as Willow Spring Open Space.  A primer for the surrounding area in Centennial, Colorado can be read right here.

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Open Space Waiting for a Thunder Storm

The easiest access points if you are driving are from Homestead Elementary School off Dry Creek Rd. or the South Suburbans Parks maintenance facility off of S. Holly St.  If you’re walking a pedestrian bike trails runs right through the middle of it connecting Heritage Village and the Highline Canal Trail on the north to the Willow Creek Trail on the south connecting to the C-470 Trail.  From there, a 50 mile bicycle loop will allow you to circumnavigate the Southern Denver Metro with very little interaction with automobiles and traffic.

Fog 2018

Morning Fog in the Open Space

Within Homestead in the Willows are 8 tennis courts, 3 pools and literally miles of trails.  It is very easy to create a 4 mile loop “within the community” without having to compete with traffic or the noises of the suburbs.  My favorite loop is almost exactly 2.5 miles almost entirely on a “crusher-fine” trails.  Crossing Willow Creek twice and weaving in and out of adjacent “single track”.

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The Arapahoe Road Entrance

With about 965 residences coming under the regulations of the Homeowners’ Association, there is a constant effort to keep appearances up, keep maintenance at superb levels and making sure all the recreational features are always ready for homeowners’ use.

Holding the knowledge of Denver’s cyclical housing market, I have witnessed Homestead “roll with the punches” many times.  When markets have turned south, Homestead has always enjoyed a stable population committed to the community.  Fewer foreclosures,  fewer short-sales and fewer missed HOA payments than competing communities.  People enjoy living in Homestead and as a result, they tend to protect it with their financial resources.

It’s truly unique for a suburban master planned community to enjoy the financial commitment of its residents.  Every walk through the community reveals the excitement of someone’s remodeling project with a dumpster in the driveway.  Homestead has had hundreds of renovation/remodel projects exceeding the original prices of these homes.  In today’s dollars, there is routinely a renovation/remodel underway exceeding 30% of its current sales price.  When dollars are spent wisely, we see these improvements assisting with resale down the road.

A Blue Ribbon School

I’m not going to tell you Homestead in the Willows is the “Best Community” surround the DTC Corredor, but I will tell you it offers the best combination of compromises.  Shopping, Employment, Schools,

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North Pool, Tennis & Greenbelt

Recreation, Entertainment, Access, Transportation, Appearance and Price round out this compromise with few if any peers.  Even after living here 30 years, I would make the exact same commitment today, and in the weeks to come, I’ll be reporting on the sub-associations within our “square mile”.  So, keep reading, commenting and asking those questions.  We’re here for you every step of the way!

 

 

 

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