February 2024 Housing Update

1:52 pm

“Don’t wait to buy real estate. Buy real estate and wait.”    ~ Will Rogers, actor  February Continues to Boost Inventory Inventory levels at the end ofFebruary were 25% higher than last year and 176% higher than two years ago thanks in part to sellers bringing listings to the market. Data shows double-digit increases in the number of New Listings for the second consecutive month as sellers brought 4,267 homes to the market. Buyer Activity Up and Days on Market Down Home shoppers were active in February. Throughout the month, they executed contracts on 3,454 home listings. The number of listings pending sale…

Read More

Demystifying the NAR Settlement

11:54 am

Understanding Its Possible Impact on Real Estate In recent days, the real estate world has been abuzz with discussions surrounding the National Association of Realtors (NAR) settlement . With significant implications for real estate agents, home buyers, and sellers alike, it’s essential to unravel the complexities of this settlement and understand its broader ramifications. Today, we’ll delve into the details of the NAR settlement, exploring its origins, key components, and the potential effects on the real estate industry. Understanding the NAR Settlement: The NAR settlement stems from 2 lawsuits one class action and one filed by the Department of Justice…

Read More
1555 California St. Denver Colorado

Central Business District in Denver, Colorado

4:05 pm

Scan QRcode above for more information and pictures!   This is a must see! Downtown living at its finest with your own 450sf private terrace! Outdoor space downtown, at this price point, is unheard of. Walk to literally everything that downtown Denver has to offer. The Convention Center, the Pavillions, tons of restaurants. Light rail is across the street! This unit is light & bright. 3 huge windows plus a skylight. Beautiful hardwood floors. Nice sized, very workable kitchen with great updates and appliances. And the patio! Did I mention the patio? It is HUGE. Just imagine evenings enjoying a…

Read More

2024 Denver Real Estate Market Predictions

1:58 pm

Bold Predictions Commentary for 2024 “This is not the way it will always be” -Unknown This Post is filled with predictions/guesses for what you can expect in Real Estate next year. As click-bait fills your inboxes, social media and televisions we want to give you some real data and ideas collected from smarter people than us for what we think is coming in 2024. Let’s get to it!   Existing Sales/Transactions It is wildly thought that next year’s transactions will mimic 2023. We saw the number of transactions fall to levels we have not seen since 1998-1999. Transactions dropped over…

Read More

Is there Stabilization in our Future?

12:40 pm

We asked last month “Is this a Blip or Flip?” Well, the answer is: it’s looking like a Blip. Interest rates went into overdrive again and buyer applications for new mortgages visited a low not seen since 1995. The voracious activity we saw in January and early February has come to a halt thanks to interest rates going from high 5’s to 7% in 3 weeks’ time. Buyers and Sellers are looking for stability in economic data and we think that stability is in volatility, at least in terms of interest rates for the near term. Rates will fluctuate pending…

Read More

Denver Happenings March 2023

3:51 pm

Just like that, it’s March! Spring and Summertime are just around the corner, but don’t miss out on some of next month’s Denver-Colorado must-do’s! Especially the annual St. Patrick’s Day Parade! Nathaniel Ratliff: March 3rd-4th, 2023 In 1973, singer-songwriter Harry Nilsson released an album of standards from the Great American Songbook, an adventurous and unprecedented move for someone at the height of their powers in the rock era. The album, A Little Touch of Schmilsson in the Night, takes listeners on a narrative arc through infatuation, courting, marriage, separation, and the inevitable slide into old age. This March in celebration of its 50th Anniversary, Denver singer and songwriter Nathaniel Rateliff…

Read More

5 Things To Know About Homeowner’s Insurance

11:18 am

  Here are five terms you should know when it comes to homeowner’s insurance!   ONE: Deductible: A homeowners insurance deductible is the amount of money a homeowner must pay out of pocket before home insurance coverage kicks in. When the insurance company pays the claim, it will be for the total amount of the damage minus the amount of the deductible. TWO: Liability Coverage: The personal liability coverage within your homeowners policy provides coverage to pay for claims of bodily injury and property damage sustained by others for which you or covered residents of your household are legally responsible.this covers…

Read More

Denver December Happenings

2:39 pm

Are you looking for some winter time fun this month to get yourself in the holiday spirit? Yes? Then you are in the perfect place! Here is our list of all the Denver must-do’s for the month of December!     Downtown Denver Rink: Through February 20, 2021 Bundle up and bring the whole family or your close friends for some free ice skating this year. Located right in the heart of downtown, they will also be hosting special events!   Santa’s Flight Academy: Nov 12-Dec 24, 2021 Little ones can take a look and step inside a 22-foot tall sleigh and experience the…

Read More