With a word this long, we don’t need anything else on the title line. I first heard the word Disintermediation back in the 1980s. It was employed to frame the collapse of the Savings and Loan Business. Everyone was racing to take their money out of the corner S&L and move it to safer environs. We are experiencing a tsunami of #Disintermediation. It’s based in our information, reporting, news and their source material. If one source is owned by Besos, and another owned by Musk, who are you going to follow or believe. I’ve wondered this for years, myself. Here’s exactly my formula.

I am an X user. If I want to hear from the Mayor of Denver, I follow Mike Johnson. If I want to hear from Joe Biden, I follow Joe. This eliminates the intermediary. Source news can then be objectively followed to a conclusion of truth or untruth. Along with this, I may follow supporting characters along the way. By reading a “hit” piece in the WSJ, you’re getting something that has been edited for “clicks” at least 3 times. My method is like drinking from the spring. The WSJ way is getting it with fluoride from the water district.

Ladies and gentlemen, reading OUR weekly posts is like getting Denver Real Estate News straight from the source. There has been no editing here. Now, let’s see what happened this week.

Over the last 7 days in Denver’s Residential Single Family Marketplace, this is what’s happened!

It wasn’t a bad week. Let’s keep it going into 2025, OK! Let’s see what has happened to the number of Total Active Listings below.

With just 9,006 Active Listings this morning, it is clear the market has reached its peak for 2024, and the number of Active Listings will be falling from here through the end of the year. It might be a good time for a buyer to find a “shopworn” listing at a lower price. The seller might just want out! On the other hand, it could be a very good time for a seller to come on the market right now to be the shiney new listing in the shopworn marketplace. It’s your choice!

As 2024 winds down to days rather than months, we have a few good things happening. The stock market is enjoying a “Trump Bump”, Crypto is running wild, and inflation is subsiding. On the other hand, mortgage rates are not falling, and income is not rising. These are the key factors for a home buyer. We still face the seller with a 3% mortgage. That seller is not giving up that rate for today’s 7% rates, thus inventory will stay at reasonable levels. The Conundrum Lives On!

As always, you can contact Dee at TheCryerTeam@Kentwood.com

Happy Thanksgiving! Get outside and enjoy life!