Your Monthly Real Estate Update | March 2019

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March 2019
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Kentwood Real Estate
Love Was in the Air in February’s Real Estate Market
According to Forbes, Denver is the most competitive housing market in the nation. What does this mean for you? That there are far fewer homes for sale than buyers in Denver, putting this market solidly in a compression phase of the housing cycle. Read More>>
9 Tips for Creating a Pet Friendly Home
If you’re the type of person who can’t imagine living without a pet, but you don’t want to scarifice your personal sense of style, then these tips for creating a pet friendly home are for you! Read More>>
7 Amazing Wildflower Hikes in Colorado
In the highest reaches of Colorado, summer is short. Which means you only have a brief period to catch the wildflowers showing off! These 7 beautiful Colorado wildflow hikes should be on your bucket list this summer! Read More>>
The Cryer Team
The Cryer Team 303-638-3202 Tom
303-887-3917 Dee
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Visit Our Website »
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Market Snapshot
Market Movers
Schnitzer West has acquired a site across the street from Fiddler’s Green Amphitheatre. The company plans to develop a mixed-use commercial development starting in January 2020.

A long-vacant King Soopers across from Sloan’s Lake is being transformed into the Edgewater Public Market. So far, twelve eateries have leased space in the food hall slated to open this fall.

Platte 15 is the Highland’s latest office and retail project. It’s a unique 5-story project utilizing Cross Laminated Timber, a new approach toward sustainable construction. Completion is slated for October.

Kentwood Real Estate Kentwood Real Estate
4949 South Niagara Street #400
Denver , CO 80237
720-330-8888

EHORealtor

muwu561hemu
©2019 Kentwood Real Estate
If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. You are receiving this email as a current or former client of Kentwood Real Estate or one of its associates.
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Your Monthly Real Estate Update | March 2019

View this email in your browser
March 2019
Newsletter Header
Kentwood Real Estate
Love Was in the Air in February’s Real Estate Market
According to Forbes, Denver is the most competitive housing market in the nation. What does this mean for you? That there are far fewer homes for sale than buyers in Denver, putting this market solidly in a compression phase of the housing cycle. Read More>>
9 Tips for Creating a Pet Friendly Home
If you’re the type of person who can’t imagine living without a pet, but you don’t want to scarifice your personal sense of style, then these tips for creating a pet friendly home are for you! Read More>>
7 Amazing Wildflower Hikes in Colorado
In the highest reaches of Colorado, summer is short. Which means you only have a brief period to catch the wildflowers showing off! These 7 beautiful Colorado wildflow hikes should be on your bucket list this summer! Read More>>
The Cryer Team
The Cryer Team 303-638-3202 Tom
303-887-3917 Dee
Contact Us »
Visit Our Website »
Facebook Fan Page Icon LinkedIn Icon Pinterest Icon Twitter Icon Youtube (Channel) Icon
Market Snapshot
Market Movers
Schnitzer West has acquired a site across the street from Fiddler’s Green Amphitheatre. The company plans to develop a mixed-use commercial development starting in January 2020.

A long-vacant King Soopers across from Sloan’s Lake is being transformed into the Edgewater Public Market. So far, twelve eateries have leased space in the food hall slated to open this fall.

Platte 15 is the Highland’s latest office and retail project. It’s a unique 5-story project utilizing Cross Laminated Timber, a new approach toward sustainable construction. Completion is slated for October.

Kentwood Real Estate Kentwood Real Estate
4949 South Niagara Street #400
Denver , CO 80237
720-330-8888

EHORealtor

muwu561hemu
©2019 Kentwood Real Estate
If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. You are receiving this email as a current or former client of Kentwood Real Estate or one of its associates.
Posted in Uncategorized | Leave a comment

@MyTownCryer #MondayMarketUpdate #DenverMarketWatch

Hello to All You Wonderful People Out There!

In Bound - Out Bound 2018Once again, Denver is shaping into a “Sellers’ Market”.  Some in the press are expressing concern for the Active Listing Count, but I would push back with the expansion of the report’s geographic boundaries, and what was a market with no supply is becoming a market with a very reasonable supply.

As you can see below, if we put 1,494 active listings under contract every week, we would have a record year for closings.  It could happen, but I’m not willing to pull that lever yete.  In the meantime, please note, the ratio of new listings to under contract is -.76.  This is a very strong number, but we will keep an eye on this and let you know every week.  When this ratio turns positive, this means listings are out pacing contracts.

New Listing (1136)  This is a good number moving into spring.  Helping buyers!
Back On Market (206)
Price Increase (99)
Price Decrease (781)  Keep an eye on this one.  Are sellers coming out too strong?
Under Contract (1494)  Wow, this is a big number!
Withdrawn (102)
Leased (37)
Sold (1066)  This is a nice solid number for a market staring a new year…
Expired (167)

When all is said and done, none of us really knows what the future of Denver’s Residential Market might bring, but for now, let’s just say, “It is showing great strength, and we look forward to the outcome later in 2019”.

I have to leave you with something to think about, or it wouldn’t be a #MondayMarketUpdate.  As you can see from our graphic up top, (Thank You United Van Lines!) Colorado still shows very strong numbers from one household goods mover.  This bids well for continued population growth.  Even though the “numbers people” say 2/3rds of our growth is along the front range from Pueblo to Ft. Collins, the other 1/3rd is spread across the entire state.  Colorado is fast passing 5 million in total population.  This makes the total population of the state about the same as Houston, TX.  Think about that for awhile…tc

 

 

Posted in Denver, Denver Market Watch, Denver Real Estate, Denver Residential Real Estate, Denver Transferees, Uncategorized | Leave a comment

Our current obsession? These 5 homes

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Check out the listings we love right now.eo?_t=136d647b88304d6c827d39dbe797d50a&_m=58330bb26f2b46f3865ae01499c09fd5&_e=rP0_ZRlq_bRUt1wSJP-8SmwcpC_C2xwNnp5ABBUGIi4Kibcfu5w7E74HBgY9t0ouLw8u2z5u7bWLGdvJGURhRKuREEsr4gsYIaJMPjHS2GkZGneVxAbwIaiSEIt1brEYzmaUHb3l1-68t_cjJBNX-StBGkrOT6LoMvj9DTRDRpaLDZkaWHR4J4bfZafwIEMc

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Erin go Braugh

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The 10 hottest housing markets in America

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Where business is booming and real estate is skyrocketing.eo?_t=136d647b88304d6c827d39dbe797d50a&_m=b07eb648441d4834971cae56ca038878&_e=vD6z6piAifm62M1Q389TCiVv3em_JULasKYFcCiEmVaiXN-VRlmnxNDpiJDze4DZ0s-yxADJaj4fu_JKbMMiRMaWHI-5mZBJPyzxuBr6-JG_T51IDYSfnbtW9R8ggQ446tdeUpnbWfXhUXiUci7K7IEPNlr1ZegOEbFUiyLn2pSMRnFTx6I1fDcjgX-zJgtW

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#MondayMarketUpdate #DenverMarketWatch @MyTownCryer

Realtor Match Maker.jpgGood Morning Everyone,

As we venture into the unknown of 2019, we continue to see submarkets of great strength in Denver.  We are hearing the voices of builders whispering about how “great” this market might be…  It’s a good life!

Let’s take a look at the last week and make some notes below.  This is Denver’s MLS data for the last 7 days.  We are rolling into the spring season as planned and with typical strength.  The only question remaining will be, “Will it last?”

New Listing (1203)  This is typical seasonal activity…
Back On Market (194)
Price Increase (107)
Price Decrease (717)  This is an increasing number.  Let’s watch this one…
Under Contract (1434)  This is a very strong week.  Let’s watch this one too!
Withdrawn (130)
Leased (43)
Sold (990)  Seasonally, this is still a good week, but let’s hope this number continues to grow into the spring.
Expired (189)

As we roll into the spring season, let’s keep an eye out for hints on what’s around the corner.  We’ll keep you posted…tc

 

 

 

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How to become clutter-free (and stay that way)

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There are four simple steps.eo?_t=136d647b88304d6c827d39dbe797d50a&_m=0fc8a9671da04d2e8fb7c3f8fdd58fcb&_e=HXWZKCLOvQ2fz-eV-EGEnxhHcNU2bKGItykNB3ZoUar97NLSROtDs2FFxbkWVmWdxJkAQqNVBgvDSOfYxG2yTA6Y0PRPj2qIsLZn-lDAihIblASov0pF2FnVqCkQoKsgVp7D7axE9Z47DGwQegaQwRk1MR8wXHZjaZadmsIxcW8TKRM5-t_LeeLXF-gd9uah

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International Women’s Day

We’d like to thank all the women in our lives and around the world for keeping us on track and moving us forward; Thank You!

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@MyTownCryer #DenverMarketWatch #HaveYouHeard?

UNADJUSTEDNONRAW_thumb_15a2I couldn’t help it.  #MallWalking to get out of the cold brings out crazy delusional thoughts.  For instance, take this LuluLemon storefront.  It reminded me, almost every week, I post a #DenverMarketUpdate right here.  To an extent, I am asking you the same question every time.  “Have you heard”?  Well today, I have more proof for you to hang your hat on during all the St. Patty’s Parties coming up.  You’ll be able to say, “The Denver Market Is Great!”  Let me show you…

New Listing (1170) This is a very healthy number!
Back On Market (232)
Price Increase (101)
Price Decrease (617)
Under Contract (1324) Wow!  Just as I told you, increasing each week!
Withdrawn (97)
Leased (51)
Sold (1285)  WOW!  This even a bigger jump!  
Expired (327)

I can’t tell you what the rest of the year is going to bring, but in the 11 counties surrounding Denver, we are starting off to a GREAT YEAR!  Last March, 2018 the numbers looked like this:

New Listing (1015) We put 500 more under contract than we listed.
Back On Market (174)
Price Increase (157)
Price Decrease (480)
Under Contract (1502) We are not bringing enough new listings to the the market!
Withdrawn (106)
Leased (28)
Sold (993) Another great week of closings.
Expired (141)

In fact, it looks like we are catching up with closings (Sold) faster than last year.  I can find much to brag about for 2019 and Denver’s Residential Market.  Let’s see how we roll into the spring season.  I’m betting we will continue down the path of solid market statistics…

So, “Now You HAVE Heard”, and you can tell your friends, neighbors and co-workers.  Have a great week!

 

 

 

 

Posted in #HaveYouHeard, Denver, Denver Market Watch, Uncategorized | Leave a comment