Your Monthly Real Estate Update | November 2019

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Your monthly source for the latest Denver Area real estate news.
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Kentwood Real Estate
Winter Home Staging Tips
During the winter months in Colorado, attracting home buyers to go dashing through the snow to an open house requires a different plan than in the summer months. By staging your home appropriately, though, it could lead to a quicker sale. Here are some tips for staging your home during the holidays. Read More >>
Bunny Hills To Black Diamonds: 5 Ski Resorts That Are Great For Families
When it comes to choosing a ski resort in Colorado, there is certainly no shortage of incredible options from which to choose! Here’s a round-up of our top 5 resorts for your next family ski vacation. Read More >>
Real Estate Market Trends
Home sales usually peak mid-summer and then the market begins its seasonal cooldown just in time for the fall. The lowest number of both new listings and number of homes sold usually occurs in December or January. It appears we are right on track with that trend this year. Read More >>
The Cryer Team
The Cryer Team 303-638-3202 Tom
303-887-3917 Dee
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Market Snapshot
Market Movers
Four Colorado ski areas have been nominated to be among the 20 best ski areas in North America. Aspen Snowmass, Copper Mountain, Winter Park and Telluride have all been nominated. Judge factors include: “serious snowfall,” varied terrain, lift access and desirable amenities in town.

Famous country singer, Dierks Bentley, is opening a restaurant and bar in LoDo neighborhood. The restaurant, Whiskey Row, will be Bentley’s fifth chain. The restaurant will feature live music and will replace LoDo’s Bar and Grill.

As electric vehicles become more and more popular, not all cities have access to try them and Lyft, the rideshare company, plans to change that. The rideshare company has collaborated with Governor Jared Polis and Mayor Michael Hancock and will be adding 200 long-range electric rideshare vehicles to its fleet this December.

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

EHORealtor

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©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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#DenverMarketWatch @MyTownCryer #Snow

Good Morning Everyone,

IMG_3144.jpgWith a foot of snow on the ground where I am in Denver this morning, I’ll be brief and get going.

New Listing (793) Wow, this is a very slow week for new listings!
Back On Market (196)
Price Increase (151)
Price Decrease (923)
Under Contract (1183) Once again, when UC is higher than NEW, inventory goes down!
Withdrawn (193)
Leased (45)
Sold (1198) Not a bad week.  Getting it done before the holiday!
Expired (223)

Long story short, #DenverMarketWatch is not showing any notable weakness in the market except inventory for buyers.  This is keeping a lot of potential buyers on the sidelines.  This needs to change, we need more inventory.  “OK Boomers”, it’s time to move…”

Take some time to enjoy the snow, family and Thanksgiving.  We all have a great deal to be thankful for today….

A successful move, relocation, down pricing, down sizing or moving up takes planning. Jumping out of a airplane without a parachute is not healthy. The proper order and proper plan for buying or selling a home requires the same attention to detail. Give us a call, come in, spend just one house with us. Let us show you a clear pathway to a successful transition. We’ll be there for you…

Dee and Tom Cryer TheCryerTeam@Kentwood.com 303-638-3202

 

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

5 homes that will make you do a double take

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And maybe a double tap too.eo?_t=136d647b88304d6c827d39dbe797d50a&_m=5600ce3622ac4745a28dec0ab348fcab&_e=5-SNz0i5-uZAoYlWTvKi5LPacgk5LXRYQI2YpLugCSubSP_q8aPqQgkLxdICZK0-akcgh3IzGEL_N8lalZ8KVD9X_dUcv8dmQf_0sb2l_YM8eljQBu-d-cBaytCGxd5TiTR6zpOfse9APRdK-wU9_P3nM1818zBarCyHdvwGzJtxIpujyHxJ1S22kuw1pNg4

Posted in Denver Residential Real Estate | Leave a comment

#DenverMarketWatch @MyTownCryer #Trending

Hello Everyone!

Realtor Match Maker.jpgThe countdown has started.  Christmas decorations were up in stores before the Halloween candy was finished.  It would be impossible to forget a holiday in this country wouldn’t it?

Anyway, let’s see what we can glean from the MLS this week.

New Listing (885) If you are a buyer, this is disappointingly low!
Back On Market (218)
Price Increase (98)
Price Decrease (1099) Overly Optimistic Sellers (OOS) are still trying to catch up.
Under Contract (1255) This is a nice week of activity.  
Withdrawn (202)
Leased (77)
Sold (1279) Another strong performance.
Expired (262)

From critical observation, I have determined, if there are 50% more SOLD Listings than NEW Listings, buyers will still be facing the realities of a “Seller’s Market”.  With this being said, this market is setting itself up for a crazy 1st quarter in 2020.

All the signals are there.  Solid economic news, favorable interest rates, low inventory and job growth in the metro area add up to just one thing; a seller’s market.  We’ll keep you posted.

Cryer Team ResizedA successful move, relocation, down pricing, down sizing or even moving up takes planning. Jumping out of a airplane without a parachute is not healthy. The proper order and proper plan for buying or selling a home requires the same attention to detail. Give us a call, come in, spend just one hour with us. Let us show you a clear pathway to a successful transition. We’ll be there for you…

Dee and Tom Cryer TheCryerTeam@Kentwood.com 303-638-3202

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

Want to buy a home? Here’s how you can save for it.

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Learn the most common sacrifices buyers make.eo?_t=136d647b88304d6c827d39dbe797d50a&_m=31e2ccc0118c4bcf87224c53cee6482d&_e=k8iNnv1GoCzGXPhdJSpSDa90PMgi3oX4ol-41taHM0s6bw91-6kC3IEqlGppvDjROVYHzKk_yoqmZsVfDNYEqlFAuqZLprePw0QKSV-2Ocrb-jDnb0czdaKxCNLgu0OMh6zTTADlf-nSYTzeSBZyjTvCbb2OmyA_WSZsi68yl4pwmcXtuOzBdg-uFF0zhLIh

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Pottery Barn Perfect! 10955 Dearborne Dr. Parker, Colorado 80134

Mrs. Clean is living here! You will like this new listing!  Close to the park and pool, quiet street location, great floor plan and very tidy…

10955 Dearborne Dr Parker CO-print-001-008-Exterior Front-3600x2402-300dpi.jpg

Click Here for a Complete Tour

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Most Livable Mid-Sized Cities – 2019 Edition | SmartAsset.com

Centennial, Colorado!!!

https://smartasset.com/checking-account/most-livable-mid-sized-cities-2019

Tom Cryer
Tom@kentwood.com
303-638-3202
Www.TheCryerTeam.com

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The 10 Best Road Trips in Colorado

I’ve conquered 9 of the 10…tc

The 10 Best Road Trips in Colorado
https://www.tripsavvy.com/best-road-trips-in-colorado-4776272

Sent from Flipboard

Tom Cryer Tom@kentwood.com
303-638-3202
Www.TheCryerTeam.com

Posted in Denver Residential Real Estate | Leave a comment

DenverMarketWatch – Trumponomics?

Denver’s Weekly Residential Market Watch
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November 2019

Good Morning Everyone!

Let’s take a quick look at what the Denver MLS has to say to us this week.

New Listing (1116)
Back On Market (196)
Price Increase (160)
Price Decrease (1249)
Under Contract (1240)
Withdrawn (179)
Leased (57)
Sold (1119)
Expired (217)

I believe this is a good week write anecdotally.

Working with a buyer in the $300-500K in the last week there were about 20 homes in a large geographic area when we started. Today, more than half of those listings are under contract. The remaining active listings all suffered from location, floor plan or condition deficiencies which will probably require a +5% price reduction.

Another buyer in the $700-950K price range in a relatively small geographic area only had one new listing last week. It backed to a significant nuisance, and was located under the Centennial Airport’s north approach. We passed on it, but the market didn’t. It’s now under contract. “One man’s trash is another man’s treasure.”

Basically, the market is so thin with new inventory, buyers are jumping on anything and everything, but I’m asked, Will it last?

The numbers say it will, the Under Contracts and Solds this week were very strong, and the Active Listings are just not keeping pace. Let’s think about this for just one minute. In the Greater Denver Metro Area, there are 1.5M residences. We have about 9,500 active listings. The insignificance of this ratio is epically low.

We will have a plethora of economic news this week. For the next 12 months, it will be the goal of one party to characterize this news negatively, and the other party to characterize this news as the “next coming”. Long story short, we have an EPIC ride in front of us. Fascinating times, enjoy!

A successful move, relocation, down pricing, down sizing or even moving up takes planning. Jumping out of a airplane without a parachute is not healthy. The proper order and proper plan for buying or selling a home requires the same attention to detail. Give us a call, come in, spend just one hour with us. Let us show you a clear pathway to a successful transition. We’ll be there for you…

Dee and Tom Cryer TheCryerTeam@Kentwood.com 303-638-3202

The Cryer Team
The Cryer Team
Tom and Dee Cryer
303-638-3202 Tom
303-887-3917 Dee
Our Website »
Contact Us »
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Kentwood Real Estate
Kentwood Real Estate
4949 South Niagara Street #400
Denver, CO 80237
720-330-8888
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Copyright © 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 Denver Residential Real Estate | Leave a comment

5 homes we can’t stop obsessing over

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But don’t just take it from us — see for yourself.eo?_t=136d647b88304d6c827d39dbe797d50a&_m=57e59691ac7f458692e7f6b9336548b9&_e=au3cmJFkXvQg1fTtd5mSYx2clmURGaV8b1omdyzsYQvVojlmJWcak1zK-gIFB41bbwGZi4htkOWNRH2EsshabnBOVGdrAmXe7LAow3qDse0bFuVq0WciK2IPXXp7jtm-VLK8QnBpp7U9k74TuanBggHom3_XZ_UhMruF9RPKPTBfdLyZ71qiBPDYIfeIlUIp

Posted in Denver Residential Real Estate | Leave a comment