06/03/2025 It’s Raining?

Posted on June 3, 2025 by Dee & Tom Cryer

That’s right, it’s raining. It’s 50*, and it’s raining. Rain is predicted for the rest of the week. Dee and I back up to 120 acres of Open Space. It is green, very green. We’re living the dream!

Even our residential market is showing some signs of renewed interest. Let’s be brief and be seated as my father would say.

Denver Market Watch
New Listing (1742) Fewer than last week. This will help quell the surge we’ve been experiencing.
Coming Soon (258) A little high, but lower than some of our past spring weeks.
Back On Market (335)
Price Increase (100)
Price Decrease (2750) This number is HUGE with a capital ‘H’.
Pending (1401) A strong week. This is good!
Withdrawn (239) Seller’s giving up is lower.
Leased (0)
Closed (1462) Let’s look at this. 1,462 closings in the last week. Times 52, and we would have an alltime record year, and monthly, that’s almost 6,000 Listings Closed. Is this a signal?
Expired (624)

There is always a BUT, right? We broke through 10,000 Active Single Family Listings in the 11 county Metropolitan Denver Statistical Area. But, with the 1,462 closings this week, that 10,410 Active Listings number is really just over 7 weeks supply at those closing levels. It’s alarming to break over 10,000 active listings, but this statistical area has about 3.25M people. Not many choices when observed from a more macro level.

The chart below confirms the market’s regularity of past years where we hit maximum competition in June, and the least competition in January. Something to ponder here, right?

Anyway, let’s team up. Together, Everyone, Achieves, More. We sat down with some past clients yesterday. They are making a move to be closer to family. The plan will be multifacitied, and we were able to offer some of our experience and share experiences to make the change smoother for them. WE can do the same for you. Let’s make a plan for you…

TheCryerTeam@Kentwood.com

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05/28/2025 Locational Obsolescence?

Posted on May 28, 2025 by Dee & Tom Cryer

Locational Obsolescence: This occurs when external factors reduce a property’s desirability due to its location. In this example, the house is on a busy street, which may deter buyers due to noise, safety concerns, or lack of appeal compared to quieter areas. This type of obsolescence is external (beyond the property owner’s control) and can significantly lower market value.

Market Shift: The buyer purchased during a low-inventory market (a seller’s market), where demand outstripped supply, likely forcing them to compromise on location (e.g., the busy street). Now, as a seller in a high-inventory market (a buyer’s market), there’s more competition, and buyers can be pickier, avoiding properties with locational drawbacks.

Let’s see what happened in the last week in Denver’s Single Family Residential Market.

Denver Market Watch
New Listing (1501) This eased up from last week’s HUGE number of New Listings.
Coming Soon (299) This is up a good bit.
Back On Market (272)
Price Increase (103)
Price Decrease (2086) This is way down from last week too!
Pending (1233) This is down enough to cause me to worry.
Withdrawn (199)
Leased (0)
Closed (1001) Once again, this it down enough to make me worry. It indicates 9.41 weeks supply of SFRs active.
Expired (286)

We are just not closing listings like last year and the year before. This market is entrenched with resistance to current interest rates being too high. If a Seller has a low, low rate, they don’t want to move. If a Buyer can’t pay cash, and has to buy with a new mortgage, “rates are too high”. So, this is where we are, but wait, there’s more.

This is just one of the reasons inventory is increasing. As you will see below.

We currently have 9,424 Active Listings and we closed 1,001 listings last week. This gives us a 9.4 weeks supply. We clearly have moved into a buyers’ market.

If you have thoughts of buying or selling, let’s start early. Let’s discuss your goals. Let’s discuss your fears. Lean in on our experiences and years of experience. Let’s make it happen…

TheCryerTeam@Kentwood.com

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05/20/2025 Buyers have taken the lead in this market!

Posted on May 20, 2025 by Dee & Tom Cryer

Good Morning Everyone,

This morning, I will show you how The Buyer in this market has taken the lead position. Additionally, I will show you how a seller can keep their equity in tact. The Denver Market has flipped from Seller to Buyer.

This week’s report of Denver’s Market over the last 7 days looks good to buyers, but it causes some fear in the hearts of sellers. The seller finally gets their house on the market, and then over the weekend, 1, 2, or 3 new listings come on the market down the street and around the corner. Buyers now have sellers competing for their attention, and that has become the Price Improvement Strategy. PIS Makes sellers angry. “I gave up everything to buy this house 5 years ago, but now, buyers are doing all kinds of inspections, examining everything”. Asking for Credits, Price Reductions and Repairs, the buyer is now in the catbird seat.

Let’s take a look:

Denver Market Watch
New Listing (2041) If you are a buyer, you are happy to see this continual growth of new inventory each week.
Coming Soon (178) This number is actually less than previous weeks.
Back On Market (311)
Price Increase (145)
Price Decrease (2744) Holy Moly! WE just can’t get our list price right!
Pending (1483) Not a bad week. This shows us buyers are out there, and ready.
Withdrawn (231)
Leased (0)
Closed (1171) This is not a bad week, but it is not enough to maintain a Sellers’ Market.
Expired (326)

We hit 9,320 Active Listings this week. In the last 10 years, we have not seen a number this high. Last year at this time, we were at just under 6,600 Active Listings. As you observed above, as long as we have more New Listings, and fewer Closings, Inventory will continue to rise. More inventory only serves the buyer at this point! Keep in mind, based on weekly closings this is just shy of 8 weeks of inventory. 2 Months supply has never killed a market. We are still healthy, but we do have the flu.

The long trend of HIGH RATES is clearly taking its toll on this market. When someone at the lowest price range can’t get into the market, those subsequent transactions can’t take place. Long story short, until we see a break in interest rates (Affordability) we will continue to see inventory build. Remember, I am only showing you Single Family Residences. Attached and Condos are not in these numbers.

Summary of 30-Year Fixed Mortgage Rates (2015–2025)
Based on data from Freddie Mac, Mortgage News Daily, and other sources, here are the average annual 30-year fixed mortgage rates in the United States for each year from 2015 to 2025 (with 2025 data up to May):
2015: 4.09%

2016: 4.21%

2017: 4.04%

2018: 4.61%

2019: 3.76%

2020: 2.77%

2021: 3.27%

2022: 6.54%

2023: 6.67%

2024: 7.07%

2025: 6.88% (average through April 16, 2025)

In the spring and summer of 2022, when rates bounced off the lows of the year before, it has created chaos for the first time buyer. We went from a Seller telling us, “Why do I want to sell and appreciating asset, to a buyer telling us rates are too high” almost overnight, but it has taken 2 and half years to get here.

As we make our way toward the light at the end of tunnel please remember, we are out here everyday working for our clients. Please don’t hesitate to learn from our experiences and our experience. Every buyers’, and every sellers’ situation if different. Let’s make a plan together.

TheCryerTeam@Kentwood.com

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05/13/2025 “Did you ever wonder why?”

Posted on May 13, 2025 by Dee & Tom Cryer

Andy Rooney coined this phrase on “60 Minutes”. From 1978 to 2011, Andy would come on and say, “Did you ever wonder why?” The hook was set, and we would anxiously wait for Andy’s story. His ability to blend humor with social commentary was extraordinary! He was most typically on the side of humor, but he would always try to be positive while sharing a solution. Andy is long gone now, but he has been replaced by X.

On the X platform, I am able to pursue humor, social commentary, the stock market, political policy, the crazy stuff Chuck Schumer espouses, or just be entertained. There is nothing closer to the news than when a governor Tweets something, and then I can follow thousands of responses over time. There are some very unpopular governors on X. If you are an X follower, you can find us at @MyTownCryer.

This week our MLS report for Denver Single Family Residences looks like this…

Denver Market Watch
New Listing (1716) A very strong number of New Listings. Supply will jump up! Buyers should be happy!
Coming Soon (325) This number is up too!
Back On Market (285)
Price Increase (149)
Price Decrease (2305) This is our Achilles Heel!
Pending (1453) Not a bad week. This number continues to prove we are into the spring selling and buying season, but sellers have arrived in full force!
Withdrawn (193) Gave up this week.
Leased (0)
Closed (1025) Whenever we are over a 1,000 it’s a good week, but this is not enough to kwell inventory growth. This is worrisome.
Expired (313)

Now, let’s talk about Total Active Inventory! Boy did It did jump!!!

Let me sort the numbers for you:

Today 9,158 Active Listings; May of 2024 we had 6,590; 2023 we had 5,209; in 2022 we had only 3,888; and in 2021 when buyers were waiting in line to get into an Active Listing, there were only 2,273. So, we’ve dissolved from a market appreciating at a double digit rate to a market where Zillow is predicting in excess of a 3% decline. This is still only 8+ weeks of supply. We’re not giving up! Title Companies, Lenders, RE Brokers, Inspectors and more are out here for you trying our very best to make your transaction a positive experience. As you will see, our market will Eb and Flow, but over time, it is a positive experience.

Let’s talk about this from a more broad point of view. Here is an image of price trends in Denver All Types over the years.

If you purchased in 2015 you’ve had a great run. What I really want you to observe thuogh is over time, everyone does OK. Timing is very important, make no mistake residences in Denver appreciate over time and are a sound investment.

As you can see, this market gets more complicated everyday. We are out there in the market everyday with buyers and sellers. Lean in on our experience and experiences. We most likely have a plan for you. As we go through this market adjustment, we can report to you every week on what’s happening, and you can follow along right here!

TheCryerTeam@Kentwood.com

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05/06/2025 One Third Down, Two Thirds to Go!

Posted on May 6, 2025 by Dee & Tom Cryer

Can you believe 1/3 of the year has past already. I don’t know, but for me, time is really flying by at supersonic rates of speed. Seems like January was yesterday! Make sure everyday has value…

This week’s numbers are really starting to give us a true picture of the market.

Below you will find The Denver MSA’s MLS numbers for the last 7 days for single family residences.

Denver Market Watch
New Listing (1881) This is a pretty big number. Buyers have to be excited about all the new prospects coming to market.
Coming Soon (290)
Back On Market (328)
Price Increase (130)
Price Decrease (2429) This clearly signifies our market can no longer be priced of comps from the past. The market has changed,
Pending (1452) Not a bad week here, but still not keeping up with the number of New Listings.
Withdrawn (178)
Leased (0)
Closed (1540) As far as I know, this is the best weekly number for closings in 2025, but once again, it’s still not keeping up with new listings, supply will continue to grow.
Expired (479) This is the highest I’ve seen this number this year. Sellers have run their course.

We saw Supply go UP, this week, and even though demand is showing a real effort to keep up, it is falling behind. Let’s look at Total Active Listings.

Hey Folks, Part of this is seasonal, but part of this is a market moving toward oversupply. One year ago, we had 6,590 Total Active Listings. Today, we have 8,963 Total Active Listings reported. This is a +36% increase. This means we have about a 6 weeks supply of inventory based on this week’s closings. All said, this is not a bad market, it is a market not as strong as a year ago, and in 2021 when we had 2,223 Total Active Listings where less than 2 week’s supply was de rigor.

Anyway, we have moved into a market with enough supply to clear offer, It is not a seller’s market, but at the same time, it’s not completely true to offer it up as a buyer’s market. We are currently in a more balanced market than 2021, I am certain of that. If we continue to pack on more inventory with little or no improvement from buyer contract numbers, we are headed down that path for sure.

I can’t remember when I have been as frustrated. This market ebbs and flows, and then a bunch of numbers like this week which would clearly lead one to believe, we will soon be moving into a DECLINING Market.

We watch the numbers very closely. A complimentary number to this hypothesis, are DOM, Days on Market, UP. This is not a good number. This is an indication the Market Velocity is slowing compared to years past. The Denver Market Prices are falling at a rate of about 3% on an annual basis. With that being said, if we list too high, and it takes several price reductions to get down to its Market Value, this adversely affects the entire market ethos.

We will be studying this for you very closely, so don’t hesitate to lean in our our experiences. Today, it a good day. We will be receiving an offer on one of our listings, and we will be submitting an offer for one of our buyers. So, remember, each on of those numbers comes from someone, and we assist the market in making it happen.

Remember, Time Flies!

TheCryerTeam@Kentwood.com

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04/29/2025 The Catharsis of the Process

Posted on April 29, 2025 by Dee & Tom Cryer

Many our clients, if not all, will remember me saying, “It’s the Catharsis of the Process.” A cleansing if you will. A buyer will have different emotions than a seller, but on both sides of the ball, intense emotions are eventually released which make the process more understandable. Right now, in the Denver Market, there are a lot of pent up emotions. Buyers are fearful of the next phase of this market, and Sellers are stuck wondering what happened to the last phase of this market.

Dee and I have been through many market cycles together. In the late ’70s we saw rates skyrocket. In the mid to late ’80s, we watched the Savings and Loans on every corner taken over by the RTC. In the ’90s we saw a return to normalcy to some degree, and then as we turned the corner with “Y2K” we were off to the races. You could simply tell the lender what your Earned Income was and get a loan. Well, by 2008, we know how that story turned out. In 2010 we had 25,000 active listings, today we have around 10,000. Still nothing to brag about, but every market is different!

So, let’s jump right into what happed in the last 7 days in Denver SFR Market. We report on single family properties in these stats, and we cover the 11 counties in close proximity to Denver which pretty much defines Denver’s MSA.

This week we observed a lot of pin action. We are into the Selling Season for 2025, but it is just different than last year. The pins are moving, but not at the pace or volume we would like to see.

Denver’s Market Watch
New Listing (1877) Wow! This is a big week for new listings. Buyers should be busy!
Coming Soon (302) A little higher than average
Back On Market (297)
Price Increase (194)
Price Decrease (2334) I have never seen this number any higher.
Pending (1423) A good week for contracts!
Withdrawn (142)
Leased (0)
Closed (1184) Not bad, but this will not keep pace with 1,800 New Listings. Supply will go up!
Expired (270) This is down a bit. Sellers are not giving up as past numbers were indicating.

So, what have we learned from the last 7 days? Like so many years past, Supply is growing, Demand is not keeping pace, and the Ratio of Closings to Inventory is leading us toward more Supply, and not the favored Shortages of years past.

Up next, What does the Total Supply of Active Listings look like?

Last year at this same time, we had only 5,590 Active SFRs on the market. This morning, we have 7,762 Active Listings. On a percentage basis that’s an increase of 38%. Wow, that is a huge increase by percentage, but for a MSA of 3.25M residents, this is still not a lot in shear numbers. I’m not saying this is a good thing, but it is certainly not a nightmare either.

We can’t think of a life change affecting one’s level of homeownership to which we haven’t assisted. Do you want your friends over, do you want your family around, do you want to have fun in your home? A good plan, leads to good decisions, and good decisions lead to a fun happy experience in life. More than ever in this market, you need an experienced Realtor by your side. We are here for you!

TheCryerTeam@Kentwood.com

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04/22/2025 A Tribute to Ed McWilliams

Posted on April 22, 2025 by Dee & Tom Cryer

When I moved over to The Kentwood Company 25 years ago, I already knew Ed, but not on a conversational level. Recently Ed passed. It was very sad, and it was unexpected. Ed was just a few years my senior, and these events always strike home a little harder. My first office at Kentwood was across the hall from the “Mailroom”. One day, Ed was going through his mail, and as he turned to walk out, he stopped at my office door, and we began a conversation about the market, business and family. As we wrapped it up, he said, “Nothing can turn on a dime than faster this business.”

Those words have been with me ever since, and of all the words spoken day in and day out, these words always ring true. Rates could drop tomorrow, and this would change things dramatically. That house I’ve been trying to list for the last 2 years; the seller calls and says, “Let’s get going!” Or, the buyer we’ve taken out 10 times finally decides to move forward. And, just like that, we’ve turned on a dime. Ed was a good man, he will be missed by many. I wish he was still here for just one more conversation.

Let’s see what our market has been like for the last 7 days.

The Denver
Market Watch
New Listing (1539) Down from last week, but still a very busy week!
Coming Soon (376) Up a little from last week. More on the way!
Back On Market (293)
Price Increase (198)
Price Decrease (1853) Still proff of how difficult pricing has become. This number is too high!
Pending (1347) A good week for contracts, but not as good as last week…
Withdrawn (161)
Leased (0)
Closed (1166) Better than last week’s closing number, but not enough to keep up. Supply will continue to increase unless we see more action here!
Expired (264)

So, let’s take a look at the Total Number of Active Listings.

Up another 150 Active Listings this week to 7,653. The supply appears to be flattening, so maybe we will get out of this supply trend of more and more each week. With just a few more contracts and a few more closings, we would see supply decrease. Let’s hope for more flattening.

As always, we are here to assist with all your real estate needs and wants. You can always reach us at TheCryerTeam@Kentwood.com

Let’s raise a hand and offer a toast to all those friends and family we’ve lost along the way…tc

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04/15/2025 Peter Lynch & Louis Rukeyser

Posted on April 15, 2025 by Dee & Tom Cryer

What does one of Wall Steet’s greatest fund managers and one of the most unique TV personalities from the 70s. 80s and 90s have to do with Denver’s Residential Market? Well, I’m about to tell you but first.

One Up on Wall Street and Beating the Street, Peter Lynch made mutual fund investing understandable for everyone. His two books were very best sellers. He taught us how to walk through the mall or down mainstreet and make money. Lynch was one of Rukeyser’s most frequent guest on his TV show every Friday evening when the market was done for the week.

Louis Rukeyser’s Wall Street was a TV show on PBS. He was pretty much given free reign on guests and topics. People would rush home to eat dinner or eat dinner in front of the TV to hear the news from wall street. From this fertile ground came CNBC, Bloomberg, and the likes of Fox Business.

Both of these standouts were not afraid to share there knowledge and take the slings and arrows when the market didn’t turn in their direction.

Well folks, this is when I stitch all this together. We can do all the research, follow the trends in the marketplace, put a cherished home on the market and be wrong. A myriad of external pressures can cause a negative influence. Interest Rates, Supply & Demand, Condition, Location, Appeal, and more, can all be driven hard in a cooling market. Just like Apple Stock in today’s market. I belive we can all learn a valuable lesson from Louis and Peter. Well worth your time.

So, what happened this week in Denver’s Single Family Residential Market?

Denver’s Market Watch
New Listing (2009) Another very big week with over 2,000 New Listings. Buyers have to be getting excited. Sellers a little pensive.
Coming Soon (254)
Back On Market (295)
Price Increase (144)
Price Decrease (2271) This drag on the market keeps getting bigger and bigger. Pricing correctly in the market has become very difficult.
Pending (1526) This is a strong week with buyers dusting themselves off and entering the market!
Withdrawn (155)
Leased (0)
Closed (1051) Another good, not great week. Over 1,000 closings, but way more new listings. Inventory will grow again this week.
Expired (296)

The numbers above are telling us, sellers are finally coming into the market. Well financed buyers are too. There is the often heard battle cry of “Buyers want last year’s prices and sellers want next year’s prices. Soon, this may flip if we continue to see inventory climb. So, as we watch the spring market heat up with new listings, and new buyers, one thing is for sure, this market is ready for more.

Let’s see how these weekly numbers affected the Total Active Listing Numbers.

With almost 4 months of this year behind us, let’s look at the numbers behind this chart.

2025. 2024
January. 6,458 4,983
February. 6,921 5,381

March. 6,921 5,590

April 7,508 6,588

With 4 months under our belts, we can see Single Family Residential Active Listing rolling right on up to new levels. With April having the biggest jump.

If we continue to have inventory move up, and contracts fall behind, we will see an oversupply market with values being negatively impacted. We will watch this very closely for you. Please don’t hesitate to lean in on us. That’s our job. You can always reach us at TheCryerTeam@Kentwood.com or TheCryerTeam.com

Peter Lynch, the renowned investor and former manager of the Magellan Fund at Fidelity Investments, is known for his insightful quotes on investing and finance. Here are some famous quotes attributed to him:

  1. “Know what you own, and know why you own it.”
  2. “The person that turns over the most rocks wins the game. And that’s always been my philosophy.”
  3. “Invest in what you know.”
  4. “In this business, if you’re good, you’re right six times out of ten. You’re never going to be right nine times out of ten.”
  5. “The stock market is filled with individuals who know the price of everything, but the value of nothing.”
  6. “You get recessions, you have stock market declines. If you don’t understand that’s going to happen, then you’re not ready, you won’t do well in the markets.”
  7. “I’ve always said that the best time to buy stocks is when you have money.”
  8. “The key to making money in stocks is not to get scared out of them.”

These quotes reflect Lynch’s investment philosophy, emphasizing the importance of knowledge, patience, and a long-term perspective in investing.

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04/08/2025 March Madness Bouncing Cat

Posted on April 8, 2025 by Dee & Tom Cryer

Good Morning Everyone!

Holy Moly, this has already been a Mad Month. With March Madness now extending into April, we get no relief. My Bracket was Busted by the end of the first weekend of competition, but Deirdre’s Bracket held on to 10th place in the office pool even after Duke’s fateful loss to Houston’s LJ Cryer.

Many of us have been suffering the wraith of Wall Street so far this year, but this morning the Dead Cat Bounced. This is often a signal read many ways. It’s similar in reliability to Puxatawny Phil. Be careful out there. We are being manhandled by Hedge Funds, Mutual Funds, and International Monies. It will resuscitate itself, it always does, and it always has. Great Companies always find a way. “Life finds a way.” JG

So, let’s delve into this week’s MLS Data for the Denver Metro Residential Market.

Denver Market Watch
New Listing (1758) This is the biggest week of the year so far. Buyers should be ready, their home is coming on the market.
Coming Soon (347)
Back On Market (274)
Price Increase (224)
Price Decrease (1775)
Pending (1501) Another big week here. Buyers and Sellers are finding their way to paper with signatures.
Withdrawn (144)
Leased (0)
Closed (1023) Finally, this is the first week of 2025 where the number of Closed Transactions has exceeded 1,000. Whoopee! Spring is in the air!
Expired (482)

So, I guess this is where I report, the spring selling and buying season has commenced. If your home is not selling, it is not priced competitively in comparison to the rest of the market. With 1,501 Listing going under contract last week, this is +/- 6,000 per month. We have an active, and in some neighborhoods a very vibrant market.

What’s the Chart telling us this week. It is telling us we have 7,338 Total Active Listings. Last year at this time we had 6,588. From the Under Contract Activity above, we could clear the deck in little more than 1 month. So, we have no oversupply situation. With this being said, it has never been more importatnt to price appropriately going into this market. AND, this is no time to price ahead of the market.

Anecdotally, we are witnessing External Obsolescence (Traffic), Functional Obsolescence (Floor Plan), and Deferred Maintenance (Tired Condition) being hit hard by this market. Typically, it is only economically feasible to address Condition. Recently, we have had contact with sellers taking on huge projects without consulting with us. Let us offer our advice on these projects so you get the biggest bang for your buck.

Please remember, we are here for you to lean on. Questions, Sources, and Experiences can be very valuable for you. TheCryerTeam@Kentwood.com

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04/01/2025 1st Quarter in the Books

Posted on April 1, 2025 by Dee & Tom Cryer

Hello Everyone,

I took part in a special gathering last week. Whenever one travels, returning with new knowledge is a treat. This one is not new, but it is relevant. Our group was from 15 states and 3 countries. “It is never as bad as you think, and it is never as good as you think.” Those were the words.

From this short statement, we had a great discussion with examples of why this is true. Rates eventually fall in line with the market long term. Supply and Demand eventually balance. Fear is our downfall but greed is too! I stepped onto the arena of residential real estate in 1976. I have observed so many nuances, cycles, external forces and fake trends. Once a market defined by “Location, Location, Location” is now defined by “Timing, Timing, Timing”. Residential real estate is a “Riddle wrapped in a mystery inside an enigma”. So, let’s look at today’s numbers and see how good or bad this market might be.

With the 1st Quarter of 2025 in the books, let’s see how all this plays in to today’s market. Supply, Demand, and market movement looks like this.

Denver Market Watch

New Listings
1612 Another strong week of new listings. Buyers need to be ready. The house they’ve been looking for is just around the corner!
Coming Soon
323 This is up a good bit over last week. This is a sign buyers!
Back On Market
255
Price Increase
163
Price Decrease
1610 Buyers, are you paying attention. The house that was overpriced last month is right inline today!
Pending
1486 This is a good week! Buyers are getting on board…
Withdrawn
144
Leased
0
Closed
1295 Still a lot of catching up to do here, but much a much stronger number than last week!
Expired
471 Seller’s are giving up after a price reduction…

These numbers are telling us although buyers are in the market, sellers are too, but closings are not keeping pace. As a result, we are seeing a slow drift toward unsold resale inventory. Anecdotally, we are seeing Home Builders offering strong incentives to clear off their inventory. The resale market will be forced to follow along!

What about the total number of Active SFRs in our market place?

During 2024 we had 4,983 active listings in January, 5,381 in February, and 5,590 in March. So far in 2025 we’ve observed 6,458 in January, 6,921 in February, and 7,136 now in March. For all three months in both years, we are up about 1,500 Active Listings across the board. This is about a 25% increase across the board. This is a clearly measurable event. It relates to our Back on Market, Expired, and Price Reductions. Let’s keep this in mind as we negotiate from the buyer’s point of view and establish list prices from the seller’s point of view.

The Denver Market has always been tough to define. Moving from Location, Location and Location to Timing, Timing and Timing has established a threshold of pain or exuberance from years past. Give us a call, let’s talk about it. We are here for you whether a buyer or seller, we can bring rational thought to the process. TheCryerTeam@Kentwood.com

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