In case you’re not getting it, I’m reading Ray Dalio’s book, “Principles”. I’m about halfway through the book, and I can say unequivocally, it is worth your time.
WE welcome another week in the Denver Residential Market with very few new listings, ferocious demand and some how, buyers and sellers are still getting to the closing table. There is nothing exciting about Coming Soon or Back on the Market Listings to offer any great encouragement for the typical buyer in this market. But, stay tuned…
|New Listing (511). Very Very Low!|
|Coming Soon (144). Minor improvement here…|
|Back On Market (110). More than last week.|
|Price Increase (249)|
|Price Decrease (150)|
|Pending (1221). This is like a mid-season week. Where are buyers finding these?|
|Closed (859). This is an OK week, but very reflective of low, low inventory.|
Total Active Listings?
You heard it here first. As far as Single Family Residential inventory goes, we have fewer active listings this week than last week with only 930 Active Listings!
Having been on the Listing Side and the Buyer Side recently, we clearly have experienced what works and what doesn’t.
Buyer or Seller Commitment, Laser Focus, Ingratiating Communication Skills and a Love for the Process are the Foundation for Success.
“What would we do if we were in the market?” In my humble opinion, this is the question every seller or every buyer should be asking their Broker, Lender, Inspector(s), etc. Around every corner in the home buying process, there is a place in one’s conversation for this question as it leads to more knowledge, confidence and understanding.
Most people give up just when they’re about to achieve success. They quit on the one yard line. They give up at the last minute of the game one foot from a winning touchdown. Ross Perot
Don’t give up on the one yard line…tc