Heading into the 4th quarter of 2019 we typically expect to see inventory and buyer activity decline. This year we are enjoying an extra bump of buyer activity due to low interest rates. Interestingly it’s taking some additional time for these units to make it from a contract being accepted to the closing table. In a closer look at the data we found that the time to close in the 2nd half of the year is longer than the 1st half of the year and we believe that is due to an increase in offers being written with contingencies. Good news for those buyers who need to sell before they can close on their next purchase, the opportunity is great to make a move before the holidays set in.
Friday Fun Facts: As record low inventory levels continue to dominate the real estate narrative in Colorado – we have been monitoring inventory levels each Friday in the 6 County Denver Metro Area. This week we are up (+405) properties for a total of 7,130 and an average “Absorption-Rate” of 1.59 Months.
Neighborhood Favorites—an award program hosted by Nextdoor—is an annual contest that gives locals…
Eighty-seven Realtor members of the South Metro Denver Realtor Association (SMDRA) have earned the highly regarded SMART designation recognizing the successful completion of stringent real estate courses or Continuing Education classes. The SMART designation sets real estate professionals apart from the mainstream and is regarded as a symbol of a designees’ dedication to the pursuit of higher standards, which is a key mission of SMDRA.
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!!
Carolyn Erickson, a leading REALTOR with NeXstep Real Estate Group, has been recognized by the South Metro Denver REALTOR® Association (SMDRA) with the 2018 Diamond Circle Club Award for Top Individual Residential Sales – Two Carat for 2018. SMDRA held its seventh annual Diamond Circle Awards celebration on Friday, April 12, 2019 at the Hyatt Regency Denver Tech Center.
Summit County regulates short-term vacation rentals (STRs) to address neighborhood impacts and life safety issues. Summit County’s regulations for STRs are applicable to properties within the unincorporated areas of Summit County.
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!
When it comes to rafting the Arkansas River -Chuck Huggs at Acquired Tastes Rafting has the trip for you. Founded in 1986 Chuck and Judy Huggs founded Acquired Tastes Rafting with a goal to build a company based on providing a higher quality rafting experience. Chuck still guides and is still actively involved in the day-to-day operation of the company. Rafting is not just a business at Acquired Tastes – it is a lifestyle.
Very proud of NeXstep’s Gayor Geller and his continued success with Maddie’s Restaurant. This restaurant is a tribute to Gayor’s daughter, family, friends, neighbors, and neighborhood. Maddie’s has built a reputation on creating an enjoyable guest experience, in a fun-filled, friendly environment, with a menu composed of their house-crafted, freshly-prepared dishes.
