Matt Walker - News Archives - NeXstep Real Estate Group

Denver Metro 6 County Inventory Count

By Ryan Sondrup | March 2, 2023

Market Fun Facts (03/02/23): Welcome to the New Year. How will the market look as we enter into the 2023 selling season? To answer this question NeXstep continues to monitor inventory levels across the 6 County Denver Metro. For the fifth month in a row we see inventory levels decrease as we enter into the new year; active listings are down -558 listing this month, for a total of 4,318 active homes for sale. This is a substantial increase from March 2022 as we had only 1,426 home for sale to start off the new year. However, sales are also up +810 properties from last month for a total of 3,114 sold homes in the past 30 days. Consequently, our average absorption rate decreased by appx 1.0 month from 2.35 months to 1.34 months. All six counties experienced a decrease in active listings and an increase in total sales.

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.

Give Your Old “Soles” A New Life!

By Ryan Sondrup | April 4, 2022

NeXstep Real Estate Group is Proud to Support Soles4Souls Our annual shoe…

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!