Good Morning Everyone!
I really can’t say “Spring Has Sprung”! With snow starting in the Foothills and running to major accumulation along the Continental Divide today, it is shaping up to be a rough one!
Anyhow, the Denver Residential Market by all appearances is not letting any of this stand in its way. Week after week, we see contracts on top of contracts on top of contracts. The numbers are quite solid. Job growth, interest rates and rental rates are having their effect on buyers into the market. The relative increase in supply is encouraging helping sellers into the market for that replacement home. The result is an increase that “contingent on closing” transactions somewhere in the middle. It’s a good life, and a very compliant market right now.
Let’s take a look below at this weeks MLS numbers.
New Listing (1771) This is getting sellers off the fence and into the market!
Back On Market (287)
Price Increase (112)
Price Decrease (1352) This is a little disconcerting. Over pricing is not the way to go!
Under Contract (1623) Wow! This is a great number. Just we do this every week. It would be a record breaking year!
Withdrawn (145)
Leased (53)
Sold (1333) Annualized, this number breaks all records. Spring has sprung!
Expired (182)
“And in the end”… As the Beatles would say, we have a healthy solid market with sellers coming to the plate, buyers in the dugout and Realtors in the field ready for everything from a ground ball to a linedrive. “There is no crying in baseball.”
As always, Dee and I are here for you every step of the way. Reply, bring, send your questions to us. We are ready to field them. TheCryerTeam@Kentwood.com
Can you imagine a nicer morning. A Bluebird Sky, not even a puff of wind and green, green grass covering our town. My favorite months in Denver have always been May and September.
It was one of those weekends right? Sometimes the winner is the loser, and sometimes the loser is the winner. If you watched the #derby, you catch my drift. Anyway, on a muddy track, the winner drifted to its right and apparently “bumped” another horse which allowed the second place horse not involved in the trauma to take the roses rather than the horse that actually won. I’m sure there are some angry gamblers out there!
First of all, it is crazy to think that a 1/3 of the year has already passed. Seems like we were all together for “the holidays”, and we looked up and it was Easter.
Next, We have had the opportunity to babysit our Granddaughters. What a joy! Children are the rainbow of life,
but Grandchildren are the pot of gold! This is really is a fantastic quote. Crazy dog sitting; Our grand puppies have now become mature young men who can out run, out jump and maintain the stamina of Atlas. I never envisioned their abilities and appetites for the pure joy of running. GSPs as they are called by the insiders are simply put, Something Else!
A huge snow season and now rain are filling all the rivers and reservoirs. A good tourist season was enjoyed by our mountain resorts.
If you’ve read any of the John Steinbeck or Stan Hoig books, or for that matter enjoyed Lonesome Dove, the “Three Points Territory” of Colorado, New Mexico and Oklahoma were a focal point of a recent “road trip”. Sand Creek Massacre, Capulin Volcano and the Sante Fe Trail really wrap this narrative into a a tidy little knot! The scenery is harsh with unbridled beauty and surprise!
The Denver Market and our business remain strong. With the growth of inventory, we’ve even seen a year over year increase in the number of contracts. If the current trend continues through out the year, it could be a record. Rates are low and sellers are ready to move! We can’t wait to discuss your plans. Please come visit our still new office at 4949 S. Niagara Street, 80237!
Despite the cold spells in March, the entire residential market saw a seasonal simmer as spring picked up steam with real estate transactions. 
A backyard patio is the perfect place to escape the summer heat, lounge on a sunny weekend day, or have some friends over for a BBQ. But it’s been nearly a year since you’ve really used your patio and it’s likely in need of some attention. 
Whether you are training for your first or your thousandth climb, looking to join a local climbing community or just wanting to try something new, Denver has an indoor climbing gym perfectly suited for you! 
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On Sat., May 18, the City of Lone Tree will host a free street festival with food trucks, performances, vendor booths, and music at the Sky Ridge Station (9941 Trainstation Cir., Lone Tree) from 10am to 2pm. There will be special dedications at RidgeGate and Sky Ridge stations to commemorate artwork commissioned for the line.
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