Gaylor Geller - News Archives - NeXstep Real Estate Group

Denver Metro 6 County Inventory Count

By Ryan Sondrup | October 1, 2024

Market Fun Facts (10/03/24): Fall is in the air and interest rates are falling ! What will affect will this have on our real estate market as we enter into quarter 4 and the presidential election? To answer this question NeXstep continues to monitor inventory levels across the 6 County Denver Metro. For the the ninth month in a row we see another increase in inventory levels; active listings are up by +133 listing for a total of 10,454 active homes for sale. This is the third time since we started recording in 2020 that we have broke the 10K inventory levels. Sold homes had their fourth month of decreased sales; down slightly by 43 fewer sales for a total of 3,434 sold units. The decrease in home sales and the increase in active homes for sale have increased our monthly absorption rate to 2.88 months. Our highest level since we started recording in 2020. Lower interest rates and increased inventory levels; Is this an indication that buyers are starting to have more choices and negotiating leverage?

Summit County Short Term Rental Guidelines

By Ryan Sondrup | September 19, 2023

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.

Thank You 2023 Soles4Souls Shoe Drive!

By Ryan Sondrup | May 4, 2023

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!!

Give Your Old “Soles” A New Life!

By Ryan Sondrup | April 4, 2023

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.

It’s Not Going to Get Worse

By Ryan Sondrup | January 11, 2023

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.

25 Best Neighborhoods In Denver

By Ryan Sondrup | November 7, 2022

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.

Yun: Expect an Unseasonably Hot Winter for Home Sales

By Ryan Sondrup | December 6, 2021

This winter is expected to be unseasonably hot for the housing market. “Compared to other past winter seasons, this winter season’s sales activity will be stronger,” says Lawrence Yun, chief economist of the National Association of REALTORS®. “This winter, there will be more sales compared to pre-pandemic winters going back all the way to 2006. The momentum from the last few months is expected to continue. From March through October, homes have been selling faster than they traditionally do.

Greater Metro Denver Market Review

By Ryan Sondrup | January 13, 2020

Special Thanks To DMAR Market Trends Committee For The Following Report…Happy New Year! It’s time to look back and ponder what happened over the past year and look ahead to set goals and make predictions for the new year. Let’s start by looking at the top three things we know about the Denver metro real estate market in 2019:

And The Winner Is….

By Ryan Sondrup | October 3, 2018

Thank you to everyone who participated in NeXstep 3.0 Webiste Feedback Challenge. We had so many great comments and ideas as we developed the latest version of our website. Designed with you in mind; NeXstep 3.0 is more than just a search site. Congrats to Adina and Tommy; Dinner is on NeXstep!