Good Morning Everyone! Please fasten your safety belts and raise your tray tables….
As we roll into the last week of the first half, we’ve seen all kinds of volatility from Wall Street and other world markets. We’ve seen a roller coaster in the interest rates, but my bet is we’ve seen most of the highs for the year already. As we march into the summer malaise, we are still seeing homes with desirable location/site characteristics and certain floor plans still being chased by market participants. We had multiple offers over the weekend on a list price of $1,750,000.
I’m betting this type of demand will continue through out the rest of 2018.
Weekly MLS Update
New Listing (1859) A very strong number, but not as good as last week.
Back On Market (296)
Price Increase (143)
Price Decrease (1303) I said we will be watching this more closely. Are list prices too high? This is a big number!
Under Contract (1792) Once again, a very strong number but not as good as last week.
Withdrawn (146)
Leased (40)
Sold (1546) We continue to post strong closing numbers! On an annual basis, this is over 6,000 per month!
Expired (235)
Finally, for this week’s update. While we still see buyers chasing “special” listings, on the flip side of this coin, we continue to observe properties where location, style, floor plan or condition are very off-putting in this market. Buyers have become very critical of condition and “appeal”. If a property does not have the correct layering of desirable characteristics, it has to be “priced right”!
If you need experienced expert help on Pricing It Right, just pick up the phone and call. We will call you back! Safe Travels…tc
A magnificent ranch purposely placed at the end of a quiet cul-de-sac in Castle Pines Village. Call to set your appointment today…tc
As we round the corner for the end of the First Half 2018, there are a few things we need to address.
Denver, but Denver is still “500 miles from nowhere” and some would argue a 1,000 miles. Denver’s history has been a story of struggle, survival and grit long before we came along. It looks pretty darn good from my perspective, and will be thriving long after I’m gone. That’s really the history of the west. Planting seeds for the generations that follow. Some great history surrounds our 
We have some exciting inventory coming to market this month and next. If any of these neighborhoods or communities interest you, please give us a call, and we will let you know what’s next!
We have 7150 E. Berry Avenue in Greenwood Village, CO 80111 starting showings on 6/23/2018. It is a wonderful 2.5 acre property with tremendous privacy, views, great floor plan and fabulous outdoor living areas. It will be $1.7M.
Finally, we have another exciting listing in Lone Tree coming up in July. It has been meticulously maintained to the point where it FEELS like a new home and hardly lived in. It will be around $800K. It has an elevated site with some open space vistas. It is an easy walk to the Lone Tree Recreation Center, Shopping and more!
I can’t begin to tell you about all the excitement in this market and our business. So, let’s get started. Year over year, our office @Kentwood is out pacing last year. Dee and I are out pacing last year. Seems like whenever we see a “pause” in the market, almost immediately, we see a resurgence. This is all good.
Last month, 6,097 single-family homes, condominiums, and townhomes were placed under contract, according to DMAR. That was the most under contracts for any April since 2013, when 8,223 homes were placed under contract. 
Selling your home is a big decision and can be a difficult process. But to get the most out of your home it pays to be detailed and do everything right. If you can avoid these common home selling mistakes, you’ll increase your chances for a smooth, fast, and lucrative transaction. 
As the weather starts to heat up, what better way to spend the day with your pup than enjoying a refreshing drink and good food at a neighborhood restaurant? Here are some of the most dog friendly patios and bars around Denver. 
MyTownCryer 
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