DenverMarketWatch with 2020Vision

Denver’s Weekly Residential Market Watch
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April 2020

Hello Everyone “04/21/2020”!

Let’s take a LONG look at what the Denver MLS has to say? It’s not complicated, the imposed regulations have slowed us down, but they have not “turned us off”!

This graphic was from March 25, 2020:

New Listing (1299)
Coming Soon (0)
Back On Market (422)
Price Increase (348)
Price Decrease (649)
Pending (1140)
Withdrawn (325)
Leased (68)
Closed (1157)
Expired (196)

This graphic is from April 14, 2020 (Today)

New Listing (906)
Coming Soon (77)
Back On Market (231)
Price Increase (103)
Price Decrease (506)
Pending (909)
Withdrawn (376)
Leased (79)
Closed (1106)
Expired (285)

This graphic is from April 21, 2020.

New Listing (727)
Coming Soon (125)
Back On Market (270)
Price Increase (111)
Price Decrease (477)
Pending (795)
Withdrawn (209)
Leased (75)
Closed (1080)
Expired (197)

Do not believe for one minute the residential real estate business is DEAD or on its last breath. Realtors are hard working, creative, persistent and tireless when there is a deal to be made. Dee and I have two more closings before the end of the month, and we have worked through a very difficult lender situation, we have facilitated an out of town buyer who “just had to have a new home for his family”, and a seller “who just had to get his family out to facilitate a move to Texas”. We made it happen!. Across the board at Kentwood, we are seeing a solid level of “Teamwork” getting the job done. Homeownership is an essential part of our everyday lives!

Although there are many more steps and in large part, those steps are cumbersome, over bearing and intrusive to buyers, sellers, agents, inspectors, appraisers, lenders and title companies, we continue to weave our way through this jungle. Next week, we will see some easing on our restrictions, and it should get much easier for us to do our jobs! We we will continue to be there every step of the way for our clients.

As many of you know, I have been following this site religiously since all this started. There is some good news buried here. All of the Logrithmic Graph presentations show “the flattening” for which we’ve all been waiting. I can see the light at the end of the tunnel, and I hope you can too!

I will continue to repeat myself, nothing I described above was easy, moving forward will not be any easier. We will all be adjusting to a “new normal”. The winners will be able to describe and invest in the “New Normal” before it arrives. Are you thinking ahead?

A successful move, relocation, down pricing, down sizing or moving up takes planning. The proper order and proper plan for buying or selling a home requires attention to detail. Give us a call, come in (After the Virus), spend one hour with us (Even on the phone). 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
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Kentwood Real Estate
Kentwood Real Estate
4949 South Niagara Street #400
Denver, CO 80237
720-330-8888
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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.

About Tom & Dee Cryer

Your Friends in the Homeownership Business!
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