A short week, a short blog post and more to follow next week!
Here is our impression of the Weekly MLS report.
New Listing (1240) Not much here!
Back On Market (279)
Price Increase (164)
Price Decrease (1245) Even in a short week, this is a big number!
Under Contract (1385) Not bad for a short week!
Withdrawn (189)
Leased (35)
Sold (1573) All those Realtors out there needed a paycheck heading into the holiday!
Expired (495) They picked up their ball and went home!
Tom@Kentwood.com DCryer@Kentwood.com We are here for you…tc
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As we approach the last week in August, as school starts up again and the cool nights start to make summer just a memory, it’s important to note; The numbers don’t lie. Earlier in the year we saw maybe 300 listings a week with price reductions. Now we are seeing close to 1,500/week. This is a clear indication sellers are listening to the feedback from showings, hearing the noises of a changing market and their reaction is resulting in price reductions in large numbers.
That’s right, it’s that time of year again. Football players all over America are participating in Two-a-Days. That’s when it is so hot outside, there’s a practice in the morning and then again in the evening. In between there classroom work. “Are you ready for some football?”
On the horizon in the coming season will be a very contentious election, a consensus of increasing interest rates, and an uncertain global track. Don’t worry, we will be here every step of the way to provide the kind of insight every seller and buyer in this market needs. Please do not hesitate to call! Dee and Tom 303-773-3399
This is going to my my anecdotal rant on the market 8/6/2018, today. A few years ago, I wrote about our bifurcated market. What I meant then as well as today is simple. We have a HOT MARKET, and we have a not so hot market. For instance, I was showing homes on Saturday under $600K east and west of Denver University. Most everything we viewed was physically old and tired, but some of it was well priced and I’ve been notified that at least one has a full price offer in place.
This past month, many people celebrated Independence Day by watching fireworks, enjoying a barbecue, or perhaps escaping to the mountains. This year, Denver’s continued robust housing market was another cause for celebration. 
As a buyer, you’re looking for someone to help you navigate the intricacies of the buying process. Having a good buyer’s agent on your side could be the key to finding the right home at the right price. 
Colorado’s Front Range is a treasure trove of epic mountain bike trails waiting to be explored. There are around 1,200 rides and trails within striking distance of downtown Denver alone! 
Are you are “looking at the world through a windshield”…?
MyTownCryer 
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