That’s right, can you believe it? #BacktoSchool already! Seems like summer weather is finally here, and kids are off to school. When I attended the University of Denver, I loved the “trimester” system where we didn’t start ’till mid september!

The #AugustMarket? Somethings you’ll never hear or read… When August rolls around we will always face the prospect of millions of kids heading off to school. Tuition has to be paid in one form or another. Stocks will be sold, credit cards will be employed, savings will be tapped and loans will be grabbed; it’s a time when most families have take a deep breath and say, “We’ll get through this!” How impactful do you think this is on markets? I’d love to read your comments.

Almost every morning, I open my #CNN App and my #FOX App on my trusty phone to get a sense. Without fail, the two news producers lead with different stories, until today. #Trump was in big letters everywhere. Is this impactful? I’d love to read your comments, but I believe this to be a diversion. Big News always hides the little things that slip through. “Keep your eyes on the road and your hands upon the wheel….”

This week, Denver’s MLS looks something like this…

Market Watch

New Listing
1236 This is a solid week for new listings!
Coming Soon
167 This is lower than weeks past.
Back On Market
284
Price Increase
173
Price Decrease
1377 We just can’t seem to get it right on the first try.
Pending
1081 This is average at best. Is it August malaise or mayonnaise?
201
Leased
87
Closed
976 Now this is the first week we’ve dropped below 1,000 in quite some weeks?????
Expired
198

How are we fairing on Active Listings compared to weeks past?

No big changes here, and the market is creating it’s typical “flat top” just like years past. I’m anticipating more of the same throughout the month of August (Everyone is paying those tuition bills)…

Anyway, today, I’m leaving you with a peek into our summer, enjoy!