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.
Our weekly MLS numbers once again reveals to the #DenverMarketWatch, what’s really happening. You may not like what they are saying or maybe you do. The fact remains, we are in a different market today, than we were in March. Let’s keep an eye out for more change as we move into this election season. Only time will tell!
New Listing (1660) This is a good week. Anything over 1,500 creates supply for buyers.
Back On Market (323)
Price Increase (117)
Price Decrease (1474) Wow! This number is crazy big! Sellers are fighting for buyers!
Under Contract (1634) This is a very good week for contracts, but we’ve seen bigger.
Withdrawn (192)
Leased (35)
Sold (1487) Strong week, but we’ve seen better.
Expired (298)
Overall, the #DenverMarketWatch tells us our numbers are generally good, but watch that “Price Decrease” number. This reflects a market where sellers finally have to pay attention to the buyers’ feedback.
As always, we here for you to help dissect the numbers, clear the path and help light the end of the tunnel to make your home transaction as smooth as possible. Don’t hesitate to give us a call. Tom & Dee 303-773-3399
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, 
For Sale
The first winner was Clark Jackson from way down into the gardens on the lower level. Although Clark was the first one to see the second gift card, she could not get there before 
Phelps Blair picked it up from the edge of the putting green. Finally, from the top of the water falls, Jeff Lopez risked life and limb to capture the elusive third gift card. 
Everyone was such a good sport, and everyone continued on tour with a bit of energy and fun associated with a good old fashion scavenger hunt.
a lovely Baby Shower for our Grand Daughter (We know the name…). We’ve been Grand Puppy Sitting. And, we anxiously await the newest members of the Cryer Clan.
There is good news if you are a prospective home buyer in the Denver area. Last month, the market experienced a near 25% increase in the number of homes on the market from April, with an active inventory of 6,437 single-family homes, townhomes and condominiums. 
Looking for a way to cool off this summer? Colorado might be landlocked, but there are still plenty of incredible places to take a swim. Make your way to some of the best and most beautiful swimming spots in Colorado! 
Whether you are building a new home or remodeling an existing one, the window style you choose will help define its look. The right windows just seem to fit the design and complement other building components. 
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