I have many. So many of the sleepy little towns I met as a youngster have become these behemoth tourist destinations. Moab, UT, comes to mind for me. When I first arrived in Moab, it was a sleepy little town. It wasn’t clear if it was still a mining town or a tourist destination. There was no wait for anything in 1996. The Moab Dinner was “seat yourself”. You could run a trail and not see anyone else. Telluride in 1995 was empty, too. Vail had a below-grade bar called the Lift. It was carpeted everywhere. Floor, walls, seating, everything. I’m sure that would be a fire hazard in today’s world. Some of these Western Destinations have distant parking with bus access to keep the town centers vehicle-free. Well, residential markets can act the same way.

The path of Single Family Supply in the Denver Metro Area has almost returned to fall 2024 levels. In a few Denver communities, we have returned to a balance with some buyer competition. In communities with more remote locations and builder competition, we are still experiencing oversupply, builder inventory, and slow absorption. Interest rates still weight heavy on this market.

This week we continue to see some more rational trends. Note our comments below.

The Total Active Listings continues rounding off with fewer each week. I can’t envision a market where we return to 2021 and 2022 numbers, but we are approaching 2024 numbers, and there are signs of a more balanced market in our future.

In a way, the Denver Metro Single Family Market was and has been a “Victim of its own success.” In 2021-22, when we waited in line to get into a new listing, this was not in the buyer’s interest at all. Giving up contractual benefits to obtain first status in multiple offer situations is now coming back to roost. We will handle it. We will make it happen, but it will not be without a plan. We all know, failure to plan is a plan for failure.

Let’s talk about your plans for 2026. 303-773-3399 or TheCryerTeam@Kentwood.com