MyTownCryer

#Vistancia #Pradera #Golf #CrowfootValley #Parker #CastleRock

Posted on September 23, 2019 by Dee & Tom Cryer

This is an active listing with a recent price reduction, easy to show, neat as a pin and ready for you. Click Here

5745 Vistancia Ct (PDF Flyer)

5745 Vistancia Ct (PDF Flyer).jpg

Posted in Denver Residential Real Estate | Leave a comment

#DenverMarketWatch @MyTownCryer #JimRogers #Catastrophe=Opportunity

Posted on September 17, 2019 by Dee & Tom Cryer

Good Morning Everyone!

Those of you following this Blog know I like to share. This morning, I have something special to share. I’ve been following Jim Rogers for many years now. This link will take you to his most recent share. It’s long, at times it is a little boring, but if you stick with it, you will come away with something you’ve never thought about before; promise! Here it is, Click Here!

Well, well, well… What do we have here this week?

New Listing (1558) Not a bad seasonal number, but…
Back On Market (266) Buyers and Sellers not coming together…
Price Increase (135)
Price Decrease (1629) This is a pretty big number, watch out!
Under Contract (1417) When there are more listings than contracts…???
Withdrawn (209) Sellers just giving up!
Leased (54) I bet we see this number grow…
Sold (1217) Not a bad seasonal number, but not great…
Expired (221) Sellers just giving up?

Long story short this week, there are no inherently bad signals here, but there aren’t any good signals either. It will be interesting to see how our stats fall out moving forward. With between 9K and 10K active listings in this data search area, and 4,800 closings per month on average, we still look pretty strong at the tipping point between a sellers’ market and a more neutral market. A rise in rates, oil, war or etc., could put stress on this market. Pay close attention.

Now, back to Jim Rogers. Jim’s from Alabama, my father was from Alabama. There is just something hypnotizing about that southern drawl. He rattles along, but then those pearls of wisdom arrive on a silver platter. Eat them up!!! Today’s pearl, Catastrophe = Opportunity.

Let us help you sort through the Opportunities we have in our market place. Take a few minutes schedule a time to come in a talk with Dee or myself. 303-773-3399 or TheCryerTeam@Kentwood.com

7 retro trends you’ll see everywhere in 2020

Posted on September 14, 2019 by Dee & Tom Cryer

Plus, how to personalize your space.

Posted in Denver Residential Real Estate | Leave a comment

#GetInvolved #Today #Friday13th @MyTownCryer

Posted on September 13, 2019 by Dee & Tom Cryer

Centennial I want to give you something to think about this weekend. We all see it. This person likes this party or politician, and that person likes that party or politician. They both are “good friends” of yours, but not necessarily safe to have at the same dinner party! Everyday on social media, the White Hats and Black Hats of each issue battle it out on Twitter. People get muted on Facebook. What’s to be done?

Here’s what I want you to think about. Can you let yourself get involved in your location HOA, Town, County or Government?

I have to tell you, I used to personally think, my only answer could be NO!

Then, I got involved. First with my Homeowners Association. With the help of some of our other homeowners, we have presided over our community together for more than 10 years, and the results have been very positive! It’s a zero sum game, but well worth the effort.

Then I researched the volunteer positions in my own town of Centennial, CO. First I served on the Senior Commission. I wasn’t ready for this appointment. I found my way to the Election Commission in our town, and I’ve been there for several years now. The election process is very interesting. If you have even a sneaking suspicion of elections in your town being something less than fully transparent, get involved! I can tell you without a shade of doubt, our town and county have fool proof election proceedings!

From there, I went on to Centennial 101. It is an introductory course offered by our town to create more community engagement. Public Works, Budgeting, Zoning, Building Codes, Open Space and more were covered. It is fascinating how a city operates. Most of Centennials services have been outsourced. Containing costs with a very responsive team of experts was the realized objective.

From there, I attending the (SMFRA) South Metro Fire Rescue Authority’s Citizens Academy. This 7 week program is so much more than climbing a ladder. Understanding the daily routine of your first responders should be paramount for every citizen in every community. Jumping out of 5th story window on the end of a rope should be enjoyed by all TOO!

From all this, I heard about Arapahoe County’s Citizen’s Academy. From K-9 searches to car chases to Incarceration to the gun range to discussions, I just couldn’t get enough of this.

DEA And that is why, last night was my first class with the DEA’s Citizen’s Academy. There is a lot online to read about this experience, but if you can find a way to get accepted, the experience will be incredible. On the Virtual Reality Gun Range last night, I had to “take out” a perpetrator. It was very disturbing. Can you imagine what this is like in realtime? When faced with a life threatening decision, one half second can be the factor between life and death. When a $1,200 Kilo in Columba becomes a $30,000 Kilo in the US, it’s not stopping anytime soon.

All I can tell you is, I can’t be more proud of the organizations and individuals working constantly behind the scenes to help make our world safer, cleaner and more comfortable for us all, and that’s something we can all share.

My point here is not to brag about my involvement. My point is to encourage your own involvement in your communities. My belief is we are all adults. We all have opinions, but, we can learn from and teach some from our own experiences in life. Just maybe, we can come closer together or understand our competing views.

Safe Travels My Friends…tc

Posted in Denver | Leave a comment

#DenverMarketWatch @MyTownCryer #What’sThatSound? #BuffaloSpringfield

Posted on September 9, 2019 by Dee & Tom Cryer

I think the 1960s band of Buffalo Springfield sang it best, “I think it’s time we stop, children, what’s that sound, Everybody look what’s going down…” It was the beginning of “folk rock” and everyone was looking for a message.

Today’s message #BytheNumbers. Denver’s MLS reports 1,513 New Listings with just 1,253 Under Contract and even fewer closings at 1,005. Granted, it was a “holiday week” on either side of Labor Day, but we have had enough successive weeks in row now to see “what’s going down”…

Several factors are at work here. First, a typical seasonal movement toward a supply and demand ratio leaning toward the buyer’s favor. Second, we watched the Denver Market crank double digit appreciation for a number of years, and it is simply natural for things to “cool off”. And, finally, there is an incredible number of rental opportunities coming to market, and some buyers are just “waiting it out”, again…

New Listing (1513)
Back On Market (250)
Price Increase (175)
Price Decrease (1561)
Under Contract (1253)
Withdrawn (171)
Leased (62)
Sold (1005)
Expired (258)

Sellers offered up 175 price reductions which is substantially down from previous weeks. Let’s see how this looks now that summer is over, school has started and fall is fast approaching. Next weeks blog post will be telling. Stick with us!

Remember, we’re here to help you see “what’s going down”. Pick up the phone, text us, or email us to start a dialogue for 2020. It’s never too soon to start planning…tc

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

Take a look at what others are saying.

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

High school grads can afford a home in these metros

Posted on September 7, 2019 by Dee & Tom Cryer

Plus, how to ace your workspace.

Posted in Denver Residential Real Estate | Leave a comment

MyTownCryer at Summer’s End | August 2019

Posted on August 30, 2019 by Dee & Tom Cryer

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Your monthly source for the latest Denver Area real estate news.

“Summer’s End”

Well Hello Everyone!

I’m not offering anything new with the title above. There’s been a movie, a song and a book with the same title. In fact, I’m probably breaking some copyright rule using it to title this post, but it is approproe in my mind with summer closing out soon and fall soon upon us.

First off, I think you should know, you don’t have to wait for our words with this email once per month. You can go to our MyTownCryer.com blog and subscribe to our insightful #DenverMarketWatch every Tuesday. It’s informative, educational and current. Enjoy!

Secondly, some of you have been looking for that happy grandfather/grandmother picture. Well, here it is! You really didn’t want to see us now, did you?

Finally, there are a few of you out there that just can’t find us. Well, here’s how!

https://www.facebook.com/thecryerteam/

https://twitter.com/MyTownCryer

https://www.pinterest.com/mytowncryer/listings-sales-denver-real-estate-the-cryer-team/

https://www.linkedin.com/in/tomcryer/

And, as I mentioned earlier, here’s our weekly blog post location, enjoy!

https://mytowncryer.com/

Let’s join together, and let’s share what’s going on in our lives with each other…tc

6 Home Renovations that Add Value

When it comes to making changes to your home, not all renovations are created equal. If you’re like most Americans, your home is probably your biggest investment, so it’s important to focus on renovations that add value to that investment, first and foremore. Read More>>

7 Ways to Beat the Heat in Denver

With Denver’s hottest summer in years not chilling out any time soon, here are seven great ways to beat the heat… Read More>>

Real Estate Market Trends

Metro Denver is a seller’s market by months of inventory, but continues to head towards a balanced market, with conditions favoring buyers — like historically low interest rates, price reductions, and more homes to choose from with more time to choose. Read More>>

Featured Properties

5745 Vistancia Court

Perfectly poised on a corner, cul-de-sac site in the gated community of Vistancia, this beautiful 2-story stone & stucco home has been meticulously maintained. It is both architecturally appealing & floorplan functional. Cathedral & 2-story ceilings add to the openness of the floor plan. A welcoming foyer w/ a fabulous curved staircase, both formal living & dining rooms, a gourmet kitchen w/ inviting nook, a large family room w/ a stacked stone fireplace, an executive study &a…

Full Property Details »

853 South Medea Way

A quintessential Bonnie Brae Tudor in pristine condition awaits you. As you walk up the flagstone steps, a welcoming patio for morning coffee, afternoon tea or evening cocktails greets you. The original stone surround of the front door leads you into the best of both new & cherished, original features. The remodeled kitchen will entice you to cook at home with its top of the line stainless steel appliances. From the frameless cabinets with soft close doors & drawers to the Quartz coun…

Full Property Details »

The Cryer Team

303-638-3202 Tom
303-887-3917 Dee

Visit Our Website »

Market Snapshot

Market Movers

A new bike shop is rolling into the Highlands! Framework Cycles is set to open in the Highlands and will double as a classroom. The shop will be opening next to its sister business, Pinwheel Coffee.

Denver climbing gym is reaching into the northern suburbs. Denver Bouldering club is opening it’s third location in the hopes to entice new customers while also giving its existing members new climbing opportunities!

After closing in December, the former space for Marlowe’s Steakhouse on 16th Street will be occupied with a new restaurant, West of Surrender Saloon & Kitchen. The new restaurant will be featuring modern takes on food and drinks from the American West.

Testimonial

Tom and Dee Cryer are the best. If you are selling your home or looking to buy a new home, Tom and Dee are your answer. The Cryer’s are GOOD people, very knowledgeable, detailed oriented, driven, honest, communicative, charismatic and professional. Their local market knowledge and experience are unparalleled. This clearly sets them apart from the competition however what impresses me most about the Cryer Team is their communication with their clients. Tom And Dee take the time to get to know their clients and what they are truly looking to accomplish before setting out to deliver for them. They communicate very well with their clients from start to finish and keep them well apprised. It’s evident that their clients feel very comfortable and supported throughout the process. As a team, Tom and Dee compliment each other well and will ensure that the deal gets across the finish line in their client’s best interest. It’s not easy to transact real estate in this market and that is why you want the Cryer Team backing you throughout the process.

-John P

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

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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.

Posted in Denver Residential Real Estate | Leave a comment

#DenverMarketWatch @MyTownCryer #LaborDay

Posted on August 27, 2019 by Dee & Tom Cryer

Good Morning Friends, Fans and Vacationers!

UNADJUSTEDNONRAW_thumb_1844 With the unofficial end to the summer season, #LaborDay, upon us, what have we learned, what will we be learning and how to benefit from this knowledge all right here this morning at @MyTownCryer!

So, let’s jump right into it. That huge jump in new listings has subsided and a more normal Tuesday morning count is upon us. It is still bucking the trend of old with more new listings than under contract listings, but the anomaly of last week’s report is a distant memory today.

Still nagging us, however, is the change in winds for sellers in this market. Last week, 1,530 sellers had price reductions, 196 withdrew their listing from the market, and 243 sellers just let their listing expire. With close to 2,000 sellers letting the market take its toll, we saw 1,389 listings move to under contract status.

All is not good, but certainly all is not bad. With 1,279 closings, on an annual basis, this would be a record year for resale activity. So, not to worry yet. We are simply moving toward a more balanced market, and sellers will start becoming more thoughtful on their initial list prices. Let me be clear, it is not the right time to test the market with a list price above the range of recent activity.

So, this week’s MLS activity is a mostly good news story with a couple of “potholes” to be on the lookout.

New Listing (1428)
Back On Market (250)
Price Increase (106)
Price Decrease (1530)
Under Contract (1389)
Withdrawn (196)
Leased (49)
Sold (1279)
Expired (243)

I promised you a look at what’s happened over the last week, what might happen over the next week will be impacted by #LaborDay. School starting, those end of summer travel plans and social activities surrounding this seasonal event will be impactful. Next week, I predict all our numbers will be off of this week’s numbers.

Finally, I promised you some ideas on how these numbers could help you moving forward.

If I was a buyer right now, I would take a second look at that listing I saw 4, 6, 8 weeks ago. This seller may be getting weak. Make an offer if you like it. Don’t be afraid to negotiate. Buyers willing to go into battle, work with their expert and be patient can really score big in a market like this. Sellers are getting “worn down” as we move toward the 4th quarter.
If I was a seller right now, I would get in the car with my Realtor and visit every competing listing in my market area. Whether it be one listing for 10, I would visit every single listing. When I returned home, I would take a very objective look at my own listing, and I would adjust the price accordingly. Sometimes even a slight price change to a “improved” number helps with activity and feedback.
Last but not least, if I was a buyer or sellers’ representative, I would be very clear with my client on what’s happening in the market place. I would let them that now is the time to be bold. Be aggressive, take a risk and step out of their comfort zone a little to reach for their intended results. Don’t be shy!

What's Important Today? In closing, none of this happens without guidance. None of this happens without trust. And, none of this happens with an app on your phone. So, reach out to us. Make time to visit with us. We are never too busy for a phone call. The time has come to get your feet wet. After all, it is #LaborDay!