The days are getting lighter for longer every day now. Crazy how the Earth does what it does. It’s a pretty cool place. Let’s have a great year!

Denver’s Residential Market finished 2023, and started 2024 with low inventory. We will grow inventory for the next 6 months. What we don’t know and can’t predict is Buyer Demand! As a result we will waltz into 2024 uncertainty.

I predict a slow, maybe even a critically slow recession of mortgage rates. This will continue to keep buyers and sellers on the sidelines. Buyers don’t want to buy into high rates and sellers don’t want to give up their low rates. So, don’t expect anything more exciting than last year.

Finally, this week and next we will post without data, but on the last Tuesday of the month, we will be posting some meaningful numbers.

Until then my friends, thank you for your support and feedback! Go AVS!