Local Pulse – May 2024

mark@city2summitrealty.com • 720.257.1541 • city2summitrealty.com
  • Move-in ready homes priced correctly are selling notably faster and attracting multiple offers, while homes that are not turnkey are struggling to find buyers.
  • The Denver Metro area ranks as the hottest housing market in the country for a second year in a row, according to a recent analysis from U.S. News & World Report. The report notes that the Denver Metro area “retains a mix of strengths including low unemployment, few mortgage delinquencies, low rental vacancy rates for investors and a positive ratio of building permits to job growth.”
  • Nearly one in four renters who have lived in their home for a year or more seriously considered buying when looking for a home to rent, with 76 percent citing affordability for purchasing a home as the main inhibitor.
  • At May’s Fed meeting, Fed Chair Powell refrained from expressing the level of concern about inflation that recent data warrants. While he acknowledged it would take longer, he did indicate that the next move is a cut, not a hike.
  • The market’s implied probability of no rate hikes in 2024 has surged to 20 percent, up from zero only one month ago.
Local Events | Denver
Five Points Jazz Festival
Join us at the Five Points Jazz Festival, a vibrant, free celebration in Denver’s historic Five Points, once known as the Harlem of the West. Experience a day filled with the sounds of local and international jazz legends, and immerse yourself in a rich tapestry of food, shopping, and entertainment. From its humble beginnings to a bustling event with multiple stages, this festival has grown into a beloved gathering that invites thousands to celebrate jazz’s storied legacy and vibrant present.
Click HERE for more information!
Join us for the ultimate craft beer experience in Denver! Our Lodo Craft Beer Tour takes you to some of the city’s best downtown breweries, where you’ll taste 10+ expertly crafted beers while exploring on foot. Discover the stories behind Denver’s beer culture, from a geologist-turned-brewer to the city’s new Dairy Block. Along the way, uncover Denver’s hidden secrets, including its original red light district and a replica of St. Mark’s Basilica. If you’re seeking a blend of top craft breweries and intriguing history, this tour is for you!
 Click HERE for more information!
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
Copyright © 2024 5280Core, All rights reserved.

Want to change how you receive these emails?
Send me an email or text if you’d like to change the Preferences.

 

You may also interested in:

Local Pulse – October 2025

Prepare for a successful 2026 sale with early preparation, a strategic marketing plan, and high-impact improvements that enhance your home’s value. I’ll help you time your listing, analyze market trends, and maximize your property’s potential at every stage of the process.

Local Pulse – September 2025

As summer winds down and September routines return, it's the perfect time for homeowners to give their properties some extra attention. Whether you're thinking about selling soon or simply want to protect your investment, a few proactive steps this fall can pay off in both comfort and value.

Local Pulse – August 2025

Selling your home is a major financial transaction where every decision can directly impact your final profit. An experienced real estate agent offers more than just a "For Sale" sign; they provide strategy, market insights, and negotiation skills to help you achieve a higher price for your home.

Local Pulse - July 2025

Hiring the right home services provider can save you time, money, and major headaches but only if you know what to look for. With a few smart steps like checking credentials and comparing quotes, you can protect your investment and get the job done right the first time.

Local Pulse - June 2025

Denver, as the 12th-fastest growing U.S. metropolis, offers significant real estate investment opportunities due to strong market demand and rising home values. With increasing inventory and more realistic asking prices, investors can find promising properties for substantial returns.

Local Pulse - May 2025

Growing the equity in your home is one of the smartest financial moves you can make. As your equity increases, you gain greater financial flexibility, whether through improved borrowing power, the ability to refinance under better terms, or a larger profit if you decide to sell.

Local Pulse – April 2025

In 2025, home remodeling trends will prioritize sustainability, smart home integration, multifunctional spaces, and outdoor living. Additionally, there will be a strong focus on using natural materials, incorporating vibrant colors, and embracing minimalist designs.

Local Pulse - March 2025

mark@city2summitrealty.com | 720.257.1541 | www.city2summitrealty.com Sellers taking advantage of “coming soon” status in the MLS receive more traffic on opening weekends than those who do not. Denver’s Loretto Heights Theater

Local Pulse – February 2025

mark@city2summitrealty.com | 720.257.1541 | www.city2summitrealty.com Investor Insights |   Building Wealth Through Real Estate Investment Investing in residential property is one of the most effective ways to build long-term wealth.

Local Pulse – January 2025

mark@city2summitrealty.com | 720.257.1541 | www.city2summitrealty.com An increase in showing activity over the holidays suggests that more buyers are entering the market and are ready to start transacting real estate in