Fall Maintenance Checklist
Mondays are always better when the @Broncos win over the weekend. So let’s talk about something new and different today.
First, I would like direct your attention to the weekly MLS numbers presented below. Moving toward the end of summer and now focusing on fall, these numbers are very strong except for the number of Price Decreases.
New Listing (1636) This is a very healthy number!
Back On Market (302)
Price Increase (102)
Price Decrease (1463) As noted last week, this number is very telling.
Under Contract (1631) Very strong number!
Withdrawn (202)
Leased (49)
Sold (1483) This is not a record, but it is a strong steady week.
Expired (221)
Looking forward into late summer, and fall, What is the market telling us? I think the number one thing we are being told is the numbers don’t lie. For many weeks now, Sellers have had to adjust their thinking and improve their prices. These price reductions as reported last week are an indication of future trends as well as historical data.
This week’s report is the last in August. As we turn the corner into September, we will be keeping a keen eye out for you and bringing the latest market news every week. So, Subscribe, Follow, Like and Connect. We’ll keep a light on for you!
Dee and Tom Cryer 303-773-3399, we will call you back! In the meantime, please get after all those fall chores!
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”…?
More than once in our careers, we have been faced with a change, a nuance, an outside influencer and more. The market is always changing, and one neighborhood can perform better or worse than another depending on; you guessed it, 
MyTownCryer 
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