More than once in my life, I heard my father echo those words. My Business Communications Professor at DU was always reinforcing the Three ‘C’s’. Be Clear, Concise, and Cogent. In honor of those two memorable mentors, this week’s news letter will be all of that and more.

In honor of Earth’s most recent “conflict”. What is it good for?

Too much!

Denver’s Market Watch

New Listing
812 LOW!
Coming Soon
200
Back On Market
140
Price Increase
65
Price Decrease
728 STILL HIGH!
Pending
1031 NOT A BAD WEEK, BUT NOTHING SPECIAL!
Withdrawn
79
Leased
0
Closed
649 THIS IS A VERY SLOW WEEK!
Expired
99

When I look at the numbers above, I see a total malaise when compared to a “normal” spring marketing season. With the 2-year approaching 5%, the outlook for lower rates does not look good.

Denver Metro’s Total Active Listing Count

With 4,840 Active Listings, this is down from last month, but up over January. With rates as high as they are, we will continue potential sellers waiting it out. “Why should we sell when we have a 3% mortgage.” This mindset is not going away anytime soon. This will keep inventory relatively low.

Let’s keep our minds open. Get good advice. Remember, TheCryerTeam@Kentwood.com is there for you every step of the way…tc