It’s commonly cited throughout business publications, “Never let a good catastrophe go unexploited”. Due to the settlement battle still unresolved between Realtors and the class action law suits, it has caused consternation between local boards of Realtors, MLS systems, the National Association of Realtors, and who is standing by the side waiting to pounce in my humble opinion? That’s right, it is Zillow. Over the last few years, I have yet to be with an active buyer without the Zillow App on their smartphone. By not syndicating one’s listings to Zillow it hurts one’s Seller. Their market reach is deep.

The expression comes to mind, “Careful what you ask for….”. We ultimately have a system that nobody asked for, but due to unintended consequences, is just around the corner. “Keep your eyes on the road and hands upon the wheel”, and we will keep you informed along the way. TheCryerTeam@Kentwood.com We will be there for you!

What’s happened this week in Denver’s Residential Marketplace?

So, as we roll into fall with full force and our first snowstorm, it is important to note here, we are seeing a Trump Bump. Showings are up. Under Contracts are up. It’s too soon to tell if Closings will be up. Once again, Zillow’s algorithm has turned positive in the Zip Codes I follow. Zillow is predicted values in Denver will be positive over the next 12 months.

What does our total supply look like?

Once again, we are reporting a decline in the total number of Active Listings Week over Week. This helps stabilize values. Good things are happening in this market over the last 2 weeks.

We will be there with you every step of the way. Please do not hesitate to lean in on our experience. Let’s make our plans now for 2025!