Did you know? Yes, we are still in The Modern Era, however, watching the evening news, it seems like we are “cavemen and women” with electricity. I follow a Handle on X known as @DoBetterDenver. It is very informative. If you are curious about behind-the-scenes in Denver, it is for you!

This week in our Denver Metro MLS Area of Single Family Homes looks like this,

So, what were the total number of Active Listings this week?

Let me give you some perspective in October from years past to now. 10/20 – 3,253 Active Listings. 10/21 – 3,846 and 10/22 – 7,381 and 10/23 – 7,190 and finally, 10/24 – 9,123. Should you be worried. If you are a seller, you missed the peak opportunity with the least competition and the lowest interest rates. If you are a buyer, you are in the best market with the most choice in the last 5 years. Granted, rates are higher, prices are higher, and the cost of ownership reflects this.

Taking all this into consideration, every month, we list properties for sale, and every month, buyers come along and buy them. The truth of the matter is simple. Every buyer and every seller have unique and personal wants and needs. This makes a market, and we have experienced even in the worst of our markets, Single Family Residential Properties have always had a market, Higher, Lower, and Staying the same, the Market will survive us all…

In the meantime, we know the world of residential ownership is complicated. Whether you are on the Sell Side or the Buy Side, you might need or want a little help. We are here for you. We’re here for you at TheCryerTeam@Kentwood.com.