Every time we turn around, there is someone professing the market is SLOW, and homes aren't selling in Denver.   That is true when the home is priced too high, needs repairs or the location is less than desirable.    We were slowing in December, but right after the Holidays were over, we started seeing an increase in showings.    These buyers could be "just looking", but nice to see so many showings again!

Our inventory has not increased much since the first of the year, still hovering just under 5,000.   To give you perspective, during the housing crash of 2008, we saw around 25,000 listings.   Early 2022, we had 2,000 listings, so a bit better than then, but still not enough for the population we have in Denver.

The price reductions have decreased, but the "back on market" properties are increasing.   This indicates that buyers want a home ready to move in, and not buy a home riddled with needed repairs.   Get these done prior to listing!   This will equate on your bottom line!

In the next few months, I expect we shall see an increase of listings, but also believe the pending properties will increase, leaving the total active listings low.   Interest rates have been decreasing, which sure is nice for buyers!

Thinking it is time to sell or buy your first home, check out my buyers page.   Moving up, moving down?   Give me a call, I can assist you with your real estate needs.   Find out what your home is worth here.

Who doesn't like FREE?    Many places around Denver offer FREE days, so here are a few - 

Denver Zoo - 2300 Steele St., Denver

1/6, 1/22, 2/5, 4/9, 10/7, 11/7, 11/12

Denver Botanic Gardens at York St. - 1007 York St., Denver

1/16, 2/16, 3/15, 4/22, 6/6, 7/5, 8/15, 11/24

Children's Museum - 2121 Children's Museum Drive, Denver

1/20, 2/17, 3/17, 4/21, 5/19, 6/16, 7/21, 8/18, 9/15, 10/20, 11/17, 12/15

FREE begins 4 pm - 8 pm

Denver Art Museum - 100 W. 14th Ave. Pkwy, Denver

1/10, 1/28, 2/14, 3/14, 4/11, 5/9, 6/13, 7/11, 8/8, 9/12, 10/1, 11/4, 12/11

Denver Museum of Nature & Science - 2001 Colorado Blvd, Denver

1/1, 1/29, 2/6, 2/26, 4/30, 6/28, 8/16, 9/6, 9/19, 10/15, 12/4

FREE begins at 5 pm - 10 pm

Denver Botanic Gardens at Chatfield Farms - 8500 W. Deer Creek Canyon Road, Littleton

1/16, 2/16, 3/15, 4/22, 6/6, 7/5, 8/15, 12/7

Plains Conservation Center - 21901 E. Hampden Ave., Aurora 

1/19, 2/23, 3/11, 6/15, 7/15, 8/17, 11/18, 127

Broomfield Veterans Memorial Museum - 12 Garden Center, Broomfield

FREE Thursdays and Saturdays

Longmont Museum & Cultural Center - 400 Quail Rd., Longmont

Free second Saturdays

Museum of Contemporary Art - 1485 Delgany St., Denver

1/7, 2/4, 3/4, 4/1, 5/6, 6/3, 7/1, 8/5, 9/2, 10/7, 11/7, 12/2

Enjoy these FREE days with the family and/or friends!

This new listing, you don't want to miss!   Much of the remodeling has already been done for a buyer!   

19292 E. Nassau Drive

Aurora, CO  80013

Priced at $465,000

~ Built in 1982, two-story home

~ 3 bedrooms (all on upper floor), 3 bathrooms (H, F, 3/4)

~ 1,188 finished square feet above ground, 528 in basement 80% finished

~ Kitchen features new white cabinets, granite counters, can lighting, SS appliances (included), pantry, sink & faucet

~ Living room has a wood-burning fireplace for those cozy winter evenings

~ home has an abundance of natural light, and has laminate flooring on the main level

~ Upper hall bath has been remodeled 

~ Primary bedroom is huge (11x14) and has a walk-in closet with a gorgeous remodeled en-suite

~ New windows 

~ 16x12 deck along with a huge patio for outdoor gatherings with a fire pit

~ 2-car attached garage with additional storage and access door to the backyard

~ Located within the award-winning Cherry Creek School District!

NO HOA!

Showings begin bright and early Saturday 1/7, and you don't want to miss out on this beauty!

Have you thought about selling your home, but over the last couple years, wondered if you would FIND a replacement home?    The market has changed, and now is a much better time to sell and buy in the Denver market!

Some current information to assist you -

1.  Inventory has steadily decreased since early Fall.   Early September we saw 7,000 listings over the Denver metro area (includes land, multi-family, single-family and luxury homes).    Today, we have 4,700.   Most sellers do not feel this is a good time of year to sell, but there are serious buyers out looking RIGHT NOW!   Price reductions had decreased, but this week they jumped a bit again.    There are still around 175 homes that come back on the market each week, so if you miss out on your first choice, always good to write a back-up just in case.

2.   Even though the rates have increased, there are definite benefits of this market!  Buyers no longer have to bring thousands to pay over fair market value.   Buyers no longer have to "accept" inspection issues.   Buyers are seeing (in some transactions) sellers paying for concessions.   Buyers are even able to submit offers with a contingent sale (their primary is listed). Sellers should expect a bit longer on the market than a weekend now, we were very spoiled!   Days on market have increased (Denver market is 34 days on market now) but if you price it correctly, good location and with stellar showing condition, it shouldn't last that long!

3.  Sellers are sitting on a PILE OF EQUITY!   Some homeowners have seen as much as 40% increases in home values over the last 3-4 years!    That is the best benefit of home ownership!  

4.  If you are planning on buying a home, it is imperative to speak with a lender upfront.    Even if you are a seller, but plan to buy a replacement home, you need to know you can qualify!   

Interested in knowing what your home would sell for?    Check out this page - go to the bottom, and put your address in!

Wondering what homes are for sale in your price point?    What is the process?   Where to start?    Check out this page to answer your questions, and there is a search tool, and go to the Advanced search, and fill in what your criteria would be!

Have questions?   I would love to speak with you!   Let me know how I can help!   720-231-6373

May 2023 be a year you are blessed with good health, happiness, and prosperity.

Make the best of every day, as life is short.    Look for the good in people, and do your best in making others see the best in you!   

                   Cheers to 2023, and know this will be a GREAT YEAR!   

The stats are out for the month of November, and the numbers reflect the seasonal slowdown this time of year, along with interest rates.   The inventory climbed 68% from last year.  The inventory has steadily been climbing in Denver since the end of March.

This data is courtesy of Joan Cox - House to Home, Inc.

I track data daily for the Denver metro area, and the amount of price reductions have dropped and almost homes returning to market have dropped  in a week's period of time.   The inventory this time of year is decreasing daily.

See what homes are currently available - Active Homes for sale in Denver

Buyers - If you have thought about buying a home this year, rates have increased, but the good news, there are fewer multiple offers on properties.    Rates maybe holding you back, but you no longer have to pay thousands over fair market value, there are sellers willing to give you concessions for your closing costs and you can ask for inspection items, so it isn't as bad as it seems!

Be sure to be pre-approved and know what your budget is!    With increased inventory, you now have a bit more of a selection and don't have to narrow your criteria.    We are also seeing a number of homes returning to the market, so it would be a good idea to write a backup offer if you did not "win the bid", as you may get a second chance.

Sellers - My sellers are seeing a nice bottom line!    Even though the inventory is decreasing, there are buyers out looking for their dream homes.   Patience is key, we are not seeing the number of showings we did earlier in the year, and your home will be on the market a bit longer now.   It also is KEY to price your home properly this time of year, or you will be sitting on it into January.    Buyers are looking for homes ready to move-in, so fix those items you know are issues before listing!

Homeowners - if you have thought about selling and like like a home evaluation, please let me know, I will contact you right away.  Relocating to Denver, and need some advice - see my Relocating to Denver information.

Norad in Colorado Springs has a website that tracks where Santa is currently, and can be fun for the kids to watch how many presents have been delivered.   They do ask the kiddos to go to bed by 9 pm to make sure Santa gets to their home on time.

Start Tracking Santa Now

Log in on December 24th to track Santa's flight around the world.

         Merry Christmas! 

There is something about a community that shouts LUXURY, when you have to obtain a gate code to get into a neighborhood.   They are not all multi-million dollar communities, there are some that are quite reasonable. 

When you buy into a gated community, it does give you a sense of safety, but you should always Google the crime in the area.    That gate does not always keep out the criminals.

There are gated communities all over the Denver Metro area in many price points.   Check out the link!

Homes for Sale in Gated Communities in Denver