Normally, I would have more than one Hashtag in the subject line, but this week’s #AtlasShrugged hashtag provides more than enough “rabbit holes” for us, I just don’t believe we need more this week.

I was required to read Atlas Shrugged in high school, later on, my son told me to revisit it. Finally, for the third and final time, I enjoyed 50 hours of it from an audio book. It really comes to life in the audio book! I can not recommend the movie, but it you must, you must.

Long story short, required reading never works, but keeping ‘AS’ on your #ReadingList is clearly advisable IMHO!

When I watch, listen or read the news, I am constantly changing the names in the book with today’s newsmakers. I’ll leave that up to you, but what we lack in today’s world is #JohnGalt. Although, John Galt could easily be a metaphor for all the “#SecretSocieties” working on covert activities to further their cause while inviting the #Billionaires to participate. Who knows?

Long story short, if you haven’t read or listened to Atlas Shrugged, it is a clear image of what’s happened, what is happening and what will happen. Like me, it may take you three tries to really see it’s future focused meaning, but also like me, some days, it would be nice to have an invitation to “The Valley”. It is a worthy commitment of your time, and while we are on the subject, I highly recommend the films Dr. Zhivago, and Lawrence of Arabia and a Prime Original, Hell on Wheels.

Well, that’s enough suggestion for your New Year’s Resolutions! This week’s…

Denver Residential Market Watch over the last 7 days…

New Listing
761 This a slow week except for the fact we are in the holiday season.
Coming Soon
35
Back On Market
167
Price Increase
89
Price Decrease
768 These are becoming the expired as sellers lose interest and hope for higher prices in the future.
Pending
848 This is a pretty strong week and a good time of year to be competing!
Withdrawn
228 Gave Up!
Leased
67
Closed
807 Not a bad week, but clearly well away from our mid-season numbers.
Expired
302 Ready to move in a different direction.

As you can see above, Denver continues to drift along deeper into the holiday season without any real pain. Let’s look what the total supply numbers look like.

Our current number of 5,659 Active Single Family Residences is very typical of pre-covide numbers, and in some cases even lower.

The Total Number of Active Listings has clearly peaked and turned the corner for the season. At a current number of 5,659, there is a good chance of starting 2024 with something under 5,000 active listings. This is not a far off prediction. It could happen.

Some things you might not know about Dee and Tom. Dee, a Wesleyan Grad, brings a tremendous amount of experience to the table with a multi-discipline career from oil and gas to real estate appraisal to brokerage for many years. Tom on the other hand is a DU Grad and went straight into real estate appraisal from college became one of the most awarded Relocation Appraisers of his time and subsequently made the move toward brokerage more than 25 years ago. Dee and Tom can always be reached via email at TheCryerTeam@Kentwood.com

You can go deeper into our past, present and future here with our mission, testimonials and our history in the Denver Market Place right here. We can’t wait for hear from you, we’ll see you in the “Valley”…