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Denver Market Update

Denver Market Update

Real Estate News – January 2020

Here’s a quick look at the Denver real estate market and what we’re expecting in 2020.

20-second summary:

  • I’ve listed two homes in the $500k range in the last few weeks and both were under contract within 24 hours. I think this year will be as strong as the last 7 years. Why?…..
  • Inventory is still very low for our population.
  • Interest rates are almost absurdly low… I’m talking ~3.5%-4.0%!
  • Denver isn’t anywhere near oversold. There’s no big drop coming, so don’t wait to buy or move up.

Here are the details:

Thank you!

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Testimonials

“Drew came highly recommended to us by a number of friends and he certainly lives up to them. He is incredibly pleasant to work with, helpful and made our first time home buying experience a great one. Most importantly Drew provided counsel when we needed it that proved invaluable. Drew is an A++ Realtor. We will be recommending him to anyone we hear beginning their home buying process.”

Jared and J’Lesa B.

“Wow! We really appreciate that Drew was always responsive when we called, texted, or emailed. Both buying & selling with Drew has been so easy & stress free.“

Andy and Wendy T.

“Drew was awesome! He was patient with us as we took our time to find the right home. He gave us great tips on what to look out for too. And we got a GREAT deal on our house in this extremely hot market! Highly recommend!”

Dave and Jamie M.

“We will forever have Drew as our go-to realtor. He was always available for questions, professional to everyone we worked with throughout the process, and got us top dollar for our home (even in the off season)! We could not have had a better experience.”

Ann and Allen C.

“I don’t know how the whole experience could have been much better! Very good!”

Bruce and Linda L.

“This was our second transaction with Drew. He is extremely knowledgeable and professional. He kept us informed every step of the way. He streamlined the process so our stress level was greatly reduced. We will be using his expertise again and would recommend him highly.”

Dawn and Roy F.

“Our experience with Drew was outstanding. He was very in tune with the local market as a whole, as well as our neighborhood and managed our expectations well. He took the time to go the extra mile with getting our house primed and ready and kept us engaged as we both bought and sold. He offered an informed perspective and helped ensure each decision we made was one we felt good about and understood. We would use him again in an instant.”

Jen M. and Mike D.

“Wow! Drew was so professional and really kept us in the know, especially after we moved. Since we had relocated to another state and left our home vacant, we were quite nervous. Drew sent us regular e-mails advising us of any showings, feedback or interest. When our offer came, his negotiation skills and advice were second to none. He did everything he could to make sure we sold our home for a price we needed. We would highly recommend him to anyone that is buying or selling a home.”

David and Tiffani F.

“We have purchased 4 homes with and without an agent, without question Drew is the best real estate professional we have worked with. He is first class in every way. Drew understands your needs because he listens. He also has an impressive network of related professionals to help complete the necessary transactions. Drew truly has a heart for what he does, and those he does it for.”

Alfonso and Taña T.

“Great hometown realtor who truly cares about finding people the perfect home and helping sellers find buyers with little stress. He gave me a realistic price estimate to understand how much I would walk away with and was able to get an offer without the house sitting empty when the renters moved out. I was able to feel comfortable and gain a good understanding of the real estate market before making any decisions on my house. Drew is a great neighbor who knows the local area in order to help bo…

Wick K.

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