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Denver Market Update

Denver Market Update

Real Estate News – September 2019

20-second summary:

  • Yes, inventory is increasing, but there’s no reason to be alarmed. Months of inventory is 1.9 (“balanced” is 6) so it’s still a very strong sellers market.
  • A well-priced home should go under contract very quickly.
  • The market is a little weaker than the last few years, but it’s still very strong.
  • Buyers are loving less competition, but watch out for the usual feeding frenzy in late winter and early spring.

Here are the details:

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Testimonials

“We wish we could of found Drew sooner! We were amazed over the knowledge that Drew possessed. We told Drew what we were looking to accomplish and he completed the goal in due time. Drew is #1 in our book and a lifetime friend! We would highly recommend him to anyone. We could not be any happier with our new dream home. Thank you Drew!!!”

Roy and Taressa C.

“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.

“Drew exceeded all expectations through the entire process. I was hesitant getting started, having had a negative experience in the past with other Realtors. Drew communicated realistic expectations, demonstrated patience and provided information and support for all of my questions and concerns. We faced several challenges with the seller in my purchase, during which Drew remained positive and professional and helped me work past their challenges. The experience working with Drew continues beyon…

Dave R.

“Drew took exceptional care of us and helped us find the perfect home for our family! He maintained regular contact with us from the day we met him until well after the sale, he offered many wonderful and practical suggestions, answered our many questions thoroughly and accurately (also supplementing with web links and books for further explanations) and was most kind, flexible and knowledgeable. Drew made the entire experience of shopping for our perfect house, submitting our offer and purchasi…

Steven and Stephanie K.

“Drew’s communication and professionalism was excellent!”

Dan and Taryn G.

“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.

“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.

“Drew made himself available when we were in town for a short period of time to look at properties. He was able to send us listing for review before our visit to the area, honing the list with each of our comments. He stayed with us through the closing process, although it involved a lot of waiting and he had reputable service people for each step of the buying process. He has even kept in touch after the sale.”

Dale and Stephanie P.

“Wow! Drew was wonderful at keeping me grounded. It helped a lot so my eyes didn’t get bigger than my wallet!!”

Shelley H.

“Drew has incredible customer service sensibilities. He is very responsive, proactive in anticipating his clients’ needs. This is my first time working with Drew, and I was impressed with his professionalism, good humor, and work ethic in helping me find a house in Denver. He shows great command of the market and the negotiation style needed for a successful bid. I would happily work with Drew again any time. And I intend to refer friends and family his way for their efforts to find a home. “

Tom T.

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