Denver Metro 6 County Inventory Count

Market Fun Facts (01/03/24): Happy New Year!  As we kick-off 2024 what will the real estate market look like?  To answer this question NeXstep continues to monitor inventory levels across the 6 County Denver Metro. For the third month in a row we see a decrease in inventory levels; active listings are fell by 1,351 listing to a total of 5,241 active homes for sale.  A similar trend is found in sold homes as we dropped 242 sold homes this past month to a total of 2,656 sold units.  However, absorption rates dropped slightly to 2.09 months.  Interestingly, we are starting off the year with very similar number to 2023 when we had 5,210 Active Homes, 2,725 Sold Homes, & and absorption rate just under 2 months.

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Summit County Short Term Rental Guidelines

Summit County: Summit County regulates short-term vacation rentals (STRs) to address neighborhood impacts and life safety issues.  Whether you own property within unincorporated Summit County or inside the boundary of an incorporated town, regulations and/or licenses for STRs are applicable.  Throughout the county short term rentals are defined as any periods of less than 30 consecutive days.  For owners looking to purchase a second home or vacation property in Summit County with the goal of securing nightly rentals it is important to understand what rules and licensing requirements apply.

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Thank You 2023 Soles4Souls Shoe Drive!

Our annual shoe drive was a huge success in 2023.  With your help we are proud to have collected 698 pairs of shoes.  Thanks to all our great clients and wonderful neighbors who helped us collect shoes for Soles4Souls! Thank you so much for your support.  We will be back in 2024 and will once again look for your help to support this great cause!  Contact your favorite NeXstep Realtor if you have any questions.  Thanks again!!

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Give Your Old “Soles” A New Life!

NeXstep Real Estate Group is Proud to Support Soles4Souls. Our annual shoe drive is back and we are looking for your help to support this great cause!  Contact your favorite NeXstep Realtor before April 28th and give your old “Soles” a new life. HERE’S HOW YOU CAN HELP: Donate Your used shoes to people in need,  both locally and internationally. All sizes, styles & types of shoes are needed for men, women & children.

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Carolyn Receives SMART Designation for 2022

Congratulations, Carolyn, on earning your 2022 SMART Designation! The South Metro Advanced REALTOR(r) Training Designation (SMART) is designed to reward and provide recognition to SMDRA REALTOR(r) members who exceed continuing education requirements as set forth by the Colorado Real Estate Commission.

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It’s Not Going to Get Worse

Rates hit their high and came down, inventory locked up, sales dropped, and demand is still pent up. There is a path from here. News cycles in quarter one will pick up year-over-year comparisons, which will look worse, but watch the trends, feel the boots on the ground, and pay attention to inflation, job loss, and rates.

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25 Best Neighborhoods In Denver

Recently 5280 Magazine came out with their top 25 neighborhoods in Denver.  If your new to the Denver area or just interested in learning more about different Denver neighborhoods; we found this an excellent article filled with great information and detailed maps. 

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