DenverMarketWatch with 2020Vision

Denver’s Only Weekly Residential Market Watch
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March 2020

Good Morning Everyone “03/17/2020”

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

New Listing (1288)
Coming Soon (0)
Back On Market (269)
Price Increase (253)
Price Decrease (625)
Pending (1449)
Withdrawn (182)
Leased (68)
Closed (1130)
Expired (226)

I’m going to let you look at the graph above this morning, and I’m going to reflect on what’s happened anecdotally around here.

I’ve heard every version what’s circling around us and I have chosen to call it C-19. Short, easy and telling. This virus has captured the minds and souls worldwide. Personally, I can’t believe what I’m seeing at the grocery stores. To be honest, I a little dismayed at the human condition right now. Even Netflix is chiming in with all the old Epidemic Movies in the “You Might Like” feed.

Maybe it’s because in my lifetime I saw Polio, Small Pox, Chicken Pox, TB and many more, come and go. This is not to say, there was not a terrible human price paid. Denver and Colorado Springs were hosted a very large TB population during its peak years. My minister walked with braces because of Polio, and Small Pox was impactful until just a few years ago when it was declared defeated. My point? This too will pass, with or without toilet paper!

I was out with a buyer yesterday and another today. They have a concern. They are not concerned about catching C-19, they are concerned about the economic impact to their investments, employment and the future. Interesting, as a nation, are we over reacting? I’m not making that decision, but some of this has to rest on the CDC. The plan appears to be to react to each event as it comes along. Could we have had better planning. Well, we certainly have had a dozen or more events in my lifetime. Should we be pretty good at it by now?

Worldwide, we have experienced 7,521 deaths as of this morning. Here, we have experienced 94 deaths. China and Italy have experienced the most deaths at 3,226 and 2,1,58 respectively also as of this morning. There will be more, but I’m no math major, but it appears the graphs of Cases and Deaths is logarithmically flattening out, so I’ll leave you with this good news. Many of our best minds are working on this problem. From treatments to vaccines, the best have our backs, and we will get through this.

Long story short, we have an EPIC ride in front of us for 2020. Fasten Your Seatbelts, Raise Your Tray Tables and get ready for take-off!

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… 303-887-3917

The Cryer Team
The Cryer Team
Tom and Dee Cryer
303-638-3202 Tom
303-887-3917 Dee
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Kentwood Real Estate
Kentwood Real Estate
4949 South Niagara Street #400
Denver, CO 80237
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About Tom & Dee Cryer

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