Well that did not take long…just a few months after the “Safer At Home” order was put into affect resulting from the COVID Pandemic our local real estate market continues to show low inventory levels and high buyer demand.  NeXstep continues to monitor inventory levels across the 6 County Denver Metro Area. This month we are down (-1,023) active properties from our Spring High Levels with (5958) active listings.  Sales have increased dramatically since the “Safer At Home” order was put into place (7,026) in the last 30 days.  This is (+2,957) additional sales per month from our spring sales season causing an absorption rate to decrease from 1.72 months to only 0.85 months. 

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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:

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Denver, CO – Ryan Sondrup, NeXstep Real Estate Group, is featured in a special section of the Month issue of 5280 magazine as a 2018 Five Star Real Estate Agent award winner. Five Star Professional partnered with 5280 magazine to identify and showcase an exclusive group of real estate agents who have demonstrated excellence in their field. Fewer than 4% of agents in the Denver-area received this recognition.

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Our annual shoe drive was a huge success this year.  We set out to break last years goal of 900 shoes.  Thanks to all our great clients and wonderful neighbors we shattered our goal and donated 1,300 shoes to Soles4Souls! Thank you so much for your support.  We will be back in 2020 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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In honor of Earth Day, DMAR is once again inviting the community to drop off unwanted electronics at any of its five locations in the Metro Denver area. This is a great way to responsibly recycle anything with a plug or battery!

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The Denver Metro Association of REALTORS® (DMAR), an organization comprised of over 7,000 real estate professionals, hosted its annual Denver Metro REALTORS® Excellence Awards on March 8th at the Hyatt Regency Denver at Colorado Convention Center. The event, which celebrated its 41st iteration this year, recognized Denver-area’s top performers in residential real estate for 2018. Ryan was honored in the Individual Category As a Bronze Finalist for his work in 2018. The prestigious awards have a long tradition of honoring the determination, dedication and endless drive of REALTORS® in our community

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The form of general warranty is actually dictated by the Colorado legislature at C.R.S. 38-30-115. In substance, it’s a transfer by the grantor that promises three things (1) that the grantor is the owner with full power to sell, (2) that the property is transferred free and clear of encumbrances (except those identified), and (3) that the grantor will defend title against anyone claiming an interest in the property. The third promise is what differentiates a general warranty deed from a special warranty deed.

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The idea to dress in costume and be featured in listing photos is nothing new. Several real estate professionals have donned cheeky getups since news broke about a real estate pro that dressed in an inflatable T-Rex costume saw his listing photos go viral. If your not into costume characters to sell your home this winter here are some helpful suggestions by Lisa Kanov and our friends at First Alliance Title.

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