Well, 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”!
Sold (690) Closings are expected to lag this time of year. Very healthy!
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.