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Denver Market Watch 11/7/2017
We can officially talk about our seasonal change. Denver Market Watch has posted the weekly statistics below. It is screaming at us from at least three different voices this morning!
Over the last week, New Listings is below the average, back on the market is up a bit. Price Decrease is up substantially. Is this the seller saying, “Get it sold?” These seasonal impressions will only get more pronounced over the next few weeks. Let’s keep an eye out for these trends to continue.
Although weekly data can’t predict the future, it is a guide, and we should pay attention to it!
New Listing (952)
Back On Market (227)
Price Increase (113)
Price Decrease (932)
Under Contract (1472)
Withdrawn (231)
Leased (38)
Sold (1524)
Expired (567)
One more note: Expired, Withdrawn and Price Decrease sure appears to be painting a seasonal picture of sellers giving up and giving in to the 4th quarter tend ahead…tc
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“The Frost Is on the Pumpkin” 10-30-2017
What did we see in the Denver Market this week? Even though we put 1,640 listings under contract, we had 965 with price reductions. WE are starting to see a bifurcation in the market place. Higher price ranges are seeing price reductions. Lower price ranges are requiring significant attention to their pricing too.
Anecdotally, we put one under contract last week that had received to price reductions. After the second price reduction, we jumped in a “snapped it up”. This time of year, sellers get tired of the process. Some become more flexible. As a result, this is always a good time to take a second look.
Properties close to urban access remain in very high demand. As the location become suburban, distant suburban and rural, we are clearly seeing a market cooling off for the season.
| New Listing (1030) | |
| Back On Market (245) | |
| Price Increase (117) | |
| Price Decrease (965) | |
| Under Contract (1640) | |
| Withdrawn (175) | |
| Leased (29) | |
| Sold (1568) | |
| Expired (236) |
’tis the Season!
Last week we saw a much greater number of listings and under contracts. This week, we saw a decline in both. Proving once again, if we had more inventory, we’d have more sales. To a certain extent, we are observing that, “Buyers want last year’s prices and Sellers are still holding out for next year’s prices”. A conundrum of the ages, but we work to keep the friction in the Denver Market Place moving forward. This would be a great season to put your home on the market!
| Denver MLS Market Watch |
What’s new in the Denver Market in the last 7 days?
10-17-2017
We are still “killing it” with our under contracts. Keep an eye on the Back on Market numbers. These are the contracts that have fallen. New Listings still lagging behind what the market needs!
New Listing (1096)
Back On Market (267)
Price Increase (135)
Price Decrease (1098)
Under Contract (1631)
Withdrawn (200)
Leased (24)
Sold (1289)
Expired (298)
Let’s Make Your Home Great Again!
Your home is your sanctuary; a place where memories are made, where family gathers, and where you can lay your head after each long day. But an unorganized home can be an unnecessary source of stress. No matter how big or small your space is, the following tips can help you get your home decluttered and organized in no time.
Decluttering your kitchen
Can’t ever find what you’re looking for in that crowded pantry or kitchen cabinet? Start by throwing out expired foods, and donate canned goods that you’ll never use. Then group your items by category. Use organization tools like tiered spice racks, turntables, or baskets to organize spices and canned foods. Store your flour, sugar, and other bulky items in clear jars to keep track of how much you have and maintain a cohesive look.
Organizing your laundry room
First things first, get things off the floor. Hang wire shelving to elevate bulky laundry baskets, and place hooks on the wall to hang your ironing board, brooms, and other long, narrow items. If you’re extra tight on space, mount a retractable drying rack to the wall. Keep your detergent and other cleaning supplies in a caddy or basket, or hide them away in an easy-to-reach cabinet. And, be sure to presort your dirty clothes in designated hampers.
Organizing your bathroom
The key to keeping your bathroom functional yet tidy is to give everything a home. Glass apothecary jars are a great way to store cotton balls and swabs while adding an elegant touch. Add shelving above the toilet for additional linen storage, and place hairdryers and brushes in over-the-cabinet baskets. Keep your countertop decluttered by storing bottled products in caddies under the counter, or mount stylish baskets to the wall instead.
Maximizing other storage spaces
If you lack storage space throughout your home, go vertical. Your wall space can be your best friend for storage, especially in your garage or closet. And don’t forget to utilize under-the-bed space, which can be used for storing winter clothes or other seasonal items. If you’re handy, build recessed drawers or cabinets into the wall for even more hidden storage.
And my favorite! Organize your garage
You spent a small fortune on your automobile. Now you are letting it take on the sun, the rain, the snow, ice and heaven forbid, hail stones! Remember, your car is worth more than the kids bicycle. A garage can be a sanctuary too! Two great choices here are Rubbermaid and The Elfa System at the Container Store. Before you know it, cars and bicycles will live indoors in harmony.
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Hinges, Pulls and Knobs Oh My!

Getting it all done!
Repair and replace door hardware that makes rooms look dingy and outdated. We’ll show you how door and cabinet pulls, knobs, and hinges can give your home new sparkle.
You can slam cabinet and bedroom doors only so many times before you have to repair and replace hardware that is loose, broken, or just plain old and tired. It doesn’t take a lot of time or money to tighten loose hardware, clean globs of paint off a hinge, or replace cabinet pulls to brighten any room in the house. and Replace Kitchen Cabinet Hardware
Replacing or repairing knobs and pulls on cabinets and drawers is a quick way to give your old kitchen a new look.
Cabinet hardware can be simple or ornate, and ranges from $1 a knob to $45 or more. Here’s your game plan:
- Repair loose knobs and pulls by tightening holding screws, replacing stripped screws, or plugging gaps with wood filler applied with a putty knife.
- Count the number of knobs or pulls you need before you head to the hardware store. Estimating will cost you time and money.
- To replace pulls, which are attached to cabinets by a screw at each end, measure the distance between holes — not the length of pulls — to assure a perfect fit.
- If you’re switching from a two-hole pull to a one-hole knob, choose hardware with back plates that cover door scratches and holes.
Tighten, Polish, or Replace Door Hardware
Nothing ages a room like a loose doorknob. You can tighten mortise-style doorknobs by simply tightening the setscrew on the side of the doorknob. For cylindrical doorknobs, you’ll need to take the doorknob apart.
Replace dated doorknobs with sleek door levers. For easiest installation, choose a lever handle lockset made by the same manufacturer. Prices range from $20 to $160.
Buy a commercial polish, such as Wright’s or Weiman, to make brass doorknobs shine. Warm water and a little dish soap or a homemade paste of equal parts vinegar and baking soda will scrub off dirt and make stainless steel and glass doorknobs sparkle.
Clean or Replace Door Hinges
Telltale paint on door hinges says someone did a sloppy job. To restore hinges, try these techniques:
- Wash with sudsy hot water.
- Scrub with a nylon brush or a toothbrush. A wire brush could damage the finish.
- Brush on paint stripper that is safe for all surfaces.
- Polish with beeswax furniture polish or brass polish.
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Take The Clutter Quiz
Do you have a serious problem with clutter and disorganization?
The professional organizers we interviewed suggest asking yourself these questions and providing answers on a scale of 1 (perfectly organized) to 10 (overwhelming clutter). If your responses tend to be (5) or higher, you have a problem.
1. Does the amount of clutter in your home, car or office seem overwhelming?
2. Do your de-cluttering and re-organizing efforts repeatedly relapse into disorder?
3. Are you ashamed when visitors come to your house?
4. Do you refuse to let visitors inside your house?
5. Do you own multiple copies of the same item — nail scissors, charging cords, a specific book, flashlights — because you couldn’t locate the original item when you needed it?
6. Do you keep something that’s broken because you intend to repair it someday?
7. Do your closet and dresser include clothing more than 10 years old (OK, fine, we’ll make exceptions for a few vintage and costume pieces).
8. Do your family and friends express concern about disorder in your home?
9. Is it hard for you to pare down your things because they might be useful someday?
10. Do you save appliance boxes, fast-food boxes and other things that most people automatically throw out?
11. Does your concern about saving food for an emergency result in a larder could easily feed everyone on the block?
12. Do you tend to get distracted during chores, shifting from one task to another before the first job is finished?
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Triple ByPass 2015 – A Ride with Humor!
If you have ever successfully ridden the Triple Bypass these notes about the day along the way will make you laugh out loud, really! Fred was riding to the top of Loveland Pass and then back toward Denver. Caroline and Dee were riding all the way to Avon. Their impressions are priceless.
Fred to Tom:
I suspect Dee and Caroline made it in fine shape to the end….and Andrew came by to cheer them home???
Thank you for the water!! And great to see you – guess we both are very recognizable….
I did hear the girls yell at me as I went down Loveland pass..they were only about 10-15 min behind me.
Some observations (From Fred)
– ask the girls if they saw a BIG dude – add 30lbs to me – riding a bike with NO SADDLE – probably 3/4 way up Squaw pass road….I rode beside him to make sure my eyes were not off…he was huffing and puffing….grinding it out…
– LAST riders I saw about 2:10 were at the Georgetown (below the lake) rest stop, there were 3 people getting on the sag vans.
– The last ridding riders – were at Silver Plume at 1:47…..on the bike trail there were probably 100-200 people still grinding it out
– Going down that bike path was NO fun – not sure it would ever be fun since you don’t know what is around a corner – could be a deer – in this case just riders on the wrong side. Beautiful path however – I never knew it was there!
– That has to be one of the most expensive bike rides I have been on – I would suspect the AVG cost of a bike is 3-4K…I saw several bikes over $10K – a Pinarello Dogma or a Colnago Super – are in that price range…Ride of the Rockies doesn’t even have that average
– I didn’t like waiting in line to use the potty at Loveland ski area….although I talked to young lady who had no clue as to where the ride was going next (yes I pointed at the riders going up the Loveland pass road) and was wondering whether to wear a coat or not….I think she should have gone to medic tent for hypoxia! Guess she was from out of town.
– The bike path from ID Springs to Floyd hill is open…and oh my oh my…the climb up the back of Floyd was a test of determination
– I-70 on the weekends going west is for the birds!!! – I got to my car at Soda Springs Exit on I-70 at 2:25…traffic was starting to back up there all the way to ID springs tunnels as I saw it from the path, and I had lots of cars on the frontage road down Floyd hill.
– I ended up at 98 miles….obviously not as much work as what the girls put in.
Great riding Dee & Caroline – and great sagging Tom!!!!
Caroline to Fred:
This is Caroline responding to Fred in the car on the way home:
– Fred, you were the talk of Loveland pass!! Everyone around me was like oh my gosh he is hauling!! Followed by, wow, he is having way more fun than us, who’s the sucker now?
– couldn’t believe all the instant casualties (mostly flats I presume) up squaw pass, but then realized I have been a casualty of squaw once before and shouldn’t be too hard on them;)
– heard what I thought were multiple gun shots along the ride only to find out it was amateur tube pumping hour with co2 cartridges that blew the tube to smithereens…
– the constant dodging of other people’s snot rockets got a bit tricky on the tight paths
– witnessed a wild near wipeout at the bottom of a slick vail pass. Dude hit the cement wall and somehow recovered with rubber side down
– one guy barely got 10 ft off the road to squat in the woods, and I’m pretty sure guys don’t squat to pee
– tommy enjoyed making fun of all the riders with cycling shoes still on, walking around the BBQ looking incredibly crippled.
– deedee’s only war wound was a blood blister from getting her thumb caught in a Porta-potty door handle…rough
– a lot of Texans out there. Ride the same way they ski, like goobers.
All in all, good times and good sag wagon to keep the blood sugar flowin:)
Fred’s Follow Up:
Oh my – did your note make me laugh…well written…..
Yeah I don’t get the number of nose blows I encountered also…to crazy…. Lots of work for ENTs I guess….Way I look at it – you not working hard enough if all those pipes are not cleaned out in the 1st 10 min of ride!!! LOL!
As for speed Garmin says 52 mph at the last turn off Mt Evans road- where it becomes Chicago Basin, possible but it is not that steep there…. more believable is 44 down Loveland pass which was captured over duration than a blip… it is fun to go down – but I would prefer without anyone around – maybe an AIR HORN for descents and a bell for ascents!!! LOL!
Goobers – to funny!!! And Tom is right about people walking in those shoes!!!
You have to love bikers talking the day’s events over. With thousands out for the Triple, you have to believe one’s own eyes. It truly is a people watching event!
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10 Things Your Realtor Hopes You Don’t Ask
1. What’s your credit score?
2. Is that shiny car in the driveway paid off?
3. Are you a “full time” Realtor, or do you have another job too?
4. Do you benefit in any way from the companies you recommend?
5. Will you provide me with three buyer or listing testimonials and their contact information?
6. Does your auto insurance carry the appropriate liability coverage?
7. What is your Errors & Ommissions Liability Insurance coverage limits?
8. Do you own your home free and clear?
9. What is your home address?
10. What is the value of your home?
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