What does one of Wall Steet’s greatest fund managers and one of the most unique TV personalities from the 70s. 80s and 90s have to do with Denver’s Residential Market? Well, I’m about to tell you but first.

One Up on Wall Street and Beating the Street, Peter Lynch made mutual fund investing understandable for everyone. His two books were very best sellers. He taught us how to walk through the mall or down mainstreet and make money. Lynch was one of Rukeyser’s most frequent guest on his TV show every Friday evening when the market was done for the week.

Louis Rukeyser’s Wall Street was a TV show on PBS. He was pretty much given free reign on guests and topics. People would rush home to eat dinner or eat dinner in front of the TV to hear the news from wall street. From this fertile ground came CNBC, Bloomberg, and the likes of Fox Business.

Both of these standouts were not afraid to share there knowledge and take the slings and arrows when the market didn’t turn in their direction.

Well folks, this is when I stitch all this together. We can do all the research, follow the trends in the marketplace, put a cherished home on the market and be wrong. A myriad of external pressures can cause a negative influence. Interest Rates, Supply & Demand, Condition, Location, Appeal, and more, can all be driven hard in a cooling market. Just like Apple Stock in today’s market. I belive we can all learn a valuable lesson from Louis and Peter. Well worth your time.

So, what happened this week in Denver’s Single Family Residential Market?

The numbers above are telling us, sellers are finally coming into the market. Well financed buyers are too. There is the often heard battle cry of “Buyers want last year’s prices and sellers want next year’s prices. Soon, this may flip if we continue to see inventory climb. So, as we watch the spring market heat up with new listings, and new buyers, one thing is for sure, this market is ready for more.

Let’s see how these weekly numbers affected the Total Active Listing Numbers.

With almost 4 months of this year behind us, let’s look at the numbers behind this chart.

With 4 months under our belts, we can see Single Family Residential Active Listing rolling right on up to new levels. With April having the biggest jump.

If we continue to have inventory move up, and contracts fall behind, we will see an oversupply market with values being negatively impacted. We will watch this very closely for you. Please don’t hesitate to lean in on us. That’s our job. You can always reach us at TheCryerTeam@Kentwood.com or TheCryerTeam.com

Peter Lynch, the renowned investor and former manager of the Magellan Fund at Fidelity Investments, is known for his insightful quotes on investing and finance. Here are some famous quotes attributed to him:

1. “Know what you own, and know why you own it.”
2. “The person that turns over the most rocks wins the game. And that’s always been my philosophy.”
3. “Invest in what you know.”
4. “In this business, if you’re good, you’re right six times out of ten. You’re never going to be right nine times out of ten.”
5. “The stock market is filled with individuals who know the price of everything, but the value of nothing.”
6. “You get recessions, you have stock market declines. If you don’t understand that’s going to happen, then you’re not ready, you won’t do well in the markets.”
7. “I’ve always said that the best time to buy stocks is when you have money.”
8. “The key to making money in stocks is not to get scared out of them.”

These quotes reflect Lynch’s investment philosophy, emphasizing the importance of knowledge, patience, and a long-term perspective in investing.