Good Morning Denver!
Is seems almost every week, Dee or/and I are in some sort of educational session. This week, Dee came back to the office with a new expression. David Mandarich of Richmond Homes/MDC fame was in attendance at our weekly sales meeting. During this meeting, Mr Mandarich referred to all the new apartments in Denver as “Incubators for future homeowners”. We are certain too, the future of homeownership will have a footprint in one of today’s new apartment complexes. Sooner or later, kids, pets and hobbies attract almost every household (65%) into homeownership.
With all this being said, “The future’s so bright, we will all need sunglasses!”
New Listing (1175) I would expect this number to be larger.
Back On Market (204)
Price Increase (87)
Price Decrease (724) I’m guessing a few sellers were too bold in pricing!
Under Contract (1447) Wow! These are midseason numbers!
Withdrawn (120)
Leased (37)
Sold (1281) Here too, we are seeing quite strong seasonal growth.
Expired (259)
So, not a bad week. With roughly 8,000 MLS active listings, this data is telling us there is less than 2 months supply going into the spring season.
Remember, “Failure to plan is a plan for failure”. Give a call and let’s discuss your plan. We can’t wait to hear all about it…tc
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. 
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! 
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! 
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Once 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.
Good Morning Everyone,
MyTownCryer 
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