I am regularly amazed by volunteer achievements. Both individuals and groups achieve miraculous goals and offer untold support to individuals on the edge. I am a volunteer driver for Nourish, Meals on Wheels. It has grown to well over 700 meals out the door every single morning. Dozens and dozens of routes throughout the city, with a different story behind every door, its a little like a “Box of Chocolates”. Some heartbreaking…

This was me, I don’t have time, I have this, and that, and everything is interrupting. I was watching my granddaughter one day, and took her with me. You can find the time. You can make a difference in people’s lives. We are not here forever. “Give it out in slices, and it will come back in loaves.”
Let’s see what’s happening this week in Denver’s SFR Market this week.
| New Listing (1379) Things have definitely slowed down here. From summer peaks well over 2,000, this is manageable! | |
| Coming Soon (154) Down too! | |
| Back On Market (294) | |
| Price Increase (90) | |
| Price Decrease (2317) This is down, but every week, this is proof of our softening market. | |
| Pending (1230) Not a bad week. Keeping up with the new listing pace is always a good thing to help us move toward a balance. | |
| Withdrawn (241) | |
| Leased (0) | |
| Closed (988) This is starting to show some weakness. Well below the New Listing Count is never good for balance. | |
| Expired (478) |
How has all this affected our total listing count? Let’s take a look…

We can see clearly now. The top of the peak has rounded off, and we are moving into a typical fall cast with fewer Total Active Listings, but at a higher level. My prediction stands pat. We will march into winter with fewer listings just like every other year, but it may be a slower market with fewer transactions unless price, condition, appeal, location, and amenities are handled appropriately! Oh, I almost forgot, in the last week, we have rolled toward much more favorable 30 mortgage interest rates. If you have not spoken to a lender in a while, we can help.
There is no question, this market is confusing, and complicated. One day rates are down, Tech is up, or Energy is up, and Tech is down. As always, the underlying foundation of any residential market is affordability, and that is based on Income and Rates. We will keep you looped. Please share and subscribe.
TheCryerTeam@Kentwood.com and/or 303.773.3399
Great Job!
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