Local Pulse – July 2024

mark@city2summitrealty.com • 720.257.1541 • city2summitrealty.com

With days in MLS ticking up, this is an excellent opportunity for those who weren’t competitive in the previous market to start shopping again.
Buyers today want less deferred maintenance and more updates. Sellers should make sure their home’s HVAC, roof and water heater are properly maintained and not past their lifespan to sell their home quicker and for more money in today’s market.
Denver ranked 12th in the nation with the highest number of people moving out of the state, up from 18th in 2023. California ranked the highest, with Los Angeles first and the San Francisco area second.
Glass blocks are back in vogue as one of the hottest design and architectural trends
The CoreLogic HPI Forecast™ projects that home prices will increase by 3.7 percent from March 2024 to March 2025.
Mortgage purchase applications increased by 11.7 percent during June, while mortgage rates dropped from 7.17 percent to 6.97 percent. If demand returned to the levels of this week in 2019, we would see an 80 percent jump in mortgage purchase applications.

Local Events | Denver

ROTATING TAP COMEDY SHOW
Looking for a fun way to spend your evenings? Throughout the summer, enjoy craft brews and hearty laughs with top-notch comedy brought to you by Rotating Tap Comedy, followed by a chance to show off your pinball skills. It’s a night of great drinks, hilarious entertainment, and friendly competition. Best of all, the event is free, so grab your friends and don’t miss out on this perfect summer plan!
Click HERE for more information!

NOVOLTA
Explore Novo Ita at Spectra Art Space, an award-winning immersive experience. Dive into a solar punk city, discovering stunning art and botanical wonders through interactive puzzles and augmented reality. Perfect for all ages, this adventure blends art, technology, and nature. Get your tickets today!
Click HERE for more information!

MONITOR YOUR HOME’S TITLE FOR FREE

Title and recording fraud is increasingly common and it occurs when a fictitious lien gets recorded against your home’s title. Once this happens your property has a “clouded title” and you cannot sell, re-finance, or take out any new loans without paying off the fraudulent lien.

Rather than pay for a monthly title monitor subscription service, most local counties offer this service for free! Below is each county’s website:

Arapahoe – www.arapahoeco.gov/your_county/county_departments/clerk_and_recorder/

Douglas – www.douglas.co.us/recording/recording-activity-notification-fraud-alert/

Denver – www.denvergov.org/Government/Agencies-Departments-Offices

Adams – www.recording.adcogov.org/LandmarkWeb/FraudAlert

Broomfield – www.selfservice.broomfield.org/web/user/disclaimer

Boulder – www.bouldercounty.gov/records/recording/fraud-sleuth/

Jefferson – none currently offered

Real estate questions? Wondering how the market looks at the moment? Just want to say hello?
Don’t hesitate to call me – I’d love to chat!

mark@city2summitrealty.com • 720.257.1541 • city2summitrealty.com

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