Denver Market Watch with 2020 Vision 07/21/2020

Good Morning Everyone!

Another great week for Denver Residential Real Estate! Check it out…

New Listing (1220) Another week and our shortage of supply continues!
Coming Soon (153)
Back On Market (296)
Price Increase (201)
Price Decrease (1061)
Pending (1995) Not a record week, but an incredible week considering supply!
Withdrawn (197)
Leased (106)
Closed (1854) Just think about it… We have Covid, limited supply, but still manage a great week of closings. Denver has chosen not to participate in any kind of slow down!
Expired (228)

It’s hard to classify the Denver Market. How deep is this current level of demand, and are we awestruck because our personal production through the first half of 2020 has been so great? It’s always tough to really define a trend until it has passed, but right now is the time to sell a house, and with 50 year lows in interest rates, it is also the time to buy. It is the perfect storm!

If you are struggling with what’s happening on Wall Street or Main Street, Dee and I are here for you. Tom loves to talk about individual stocks. Owning a part of great American Companies gives him a lot of pride, but owning a piece of America is a feeling you can’t get from anything else. Being able to walk in your front door and say, “I’m home”, is simply an incredible feeling. The grass needs to be mowed, the gutters need cleaning and the garage is a mess, but you are home! It may be great to own a few shares of #Amazon or #Tesla these days, but in the long run, the feeling of #homeownership is seldom duplicated by anything else.

So, let’s talk about your plans, your goals, your dreams, and let us be your friends in the homeownership business. From our “concierge” list of services, to our attentive natures, and our professional approach to the process leaving no loose ends, you will not be disappointed with your Realtor choice.

TheCryerTeam@Kentwood.com Dee and Tom Cryer 303-638-3202

About Tom & Dee Cryer

Your Friends in the Homeownership Business!
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