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Old 03-06-2015, 03:44 PM
 
Location: Arvada, CO
13,238 posts, read 24,442,308 times
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Quote:
Originally Posted by JohnnyDenver View Post
Then a commercial for a real estate firm that will list and sell your house for a flat fee of $2,500 followed.
Desperation can be a beautiful thing.
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Old 03-06-2015, 05:33 PM
 
2,409 posts, read 2,642,553 times
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Quote:
Originally Posted by David Aguilar View Post
Desperation can be a beautiful thing.
That's probably Trelora. They can't hire enough staff to keep up with the demand. Not sure who's desperate.
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Old 03-06-2015, 05:35 PM
 
2,409 posts, read 2,642,553 times
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Quote:
Originally Posted by SkyDog77 View Post
I understand the confusion. You're thinking of this in terms of how many homes were made available for sale instead of how many homes are available for sale at a given time. These are different things.
Would you mind elaborating on the difference?
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Old 03-07-2015, 08:13 AM
 
Location: Washington Park, Denver
6,961 posts, read 6,570,070 times
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Quote:
Originally Posted by AmFest View Post
Would you mind elaborating on the difference?
This is better than I will do. It's the metric being used when discussing "inventory"

How to Calculate Months of Supply | Inventory of Homes in Leavenworth

Last edited by SkyDog77; 03-07-2015 at 08:21 AM..
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Old 03-07-2015, 09:17 AM
 
Location: Just south of Denver since 1989
10,913 posts, read 29,415,494 times
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You know how the shelves look in the grocery store when a major winter storm is expected?
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Old 03-07-2015, 09:33 AM
 
Location: The Berk in Denver, CO USA
14,046 posts, read 20,375,828 times
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Default Easy to be confused

Inventory is a snapshot number.
You pick a day of the month (typically, the first or last day) and look at how many houses in the MLS (FSBOs not in MLS are invisible as are commercial properties).
Now, you have an "inventory" number for the month.

The problem with this is that a house that comes on the market on the 2nd and sold (i.e., closed) on the 25th does not appear in the inventory number.

The other problem is that the charts show:
inventory - snapshot
sales - an entire month's worth
in the same chart.

If you think about it, this is an inaccurate metric for supply and demand.
But, the real estate business has been doing this for decades so in the long run, it all evens out.

Don't get caught up in the exact numbers.
Look at the trends.
The current trend for Denver is: STRONG SELLERS' market.

You could always live in Tallahassee, Florida.
Tallahassee Real Estate Supply | Tallahassee Homes For Sale
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Old 03-07-2015, 10:58 AM
 
20,915 posts, read 39,207,929 times
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It is certainly correct to sum up all the sales within a month to get the sales figure for the whole month. So why can't they sum up all listings added during a month, instead of using a one-day snapshot; surely that data is capturable in their system to get a full-month total inventory figure which then gives a much more valid data set for monthly inventory-sales.
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Old 03-08-2015, 08:39 AM
 
Location: The Berk in Denver, CO USA
14,046 posts, read 20,375,828 times
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Default New wave of development poised to roll across Denver's suburban fringe

New wave of development poised to roll across Denver's suburban fringe - The Denver Post

"Now urban life is creeping up on [Watkins, CO] as plans for an expansive 9,000-home community, dubbed Prosper, take shape on more than 5,100 acres of farmland surrounding his house.The $600 million mixed-use project, which got preliminary approval from Arapahoe County last month, is just one of several giant residential communities poised to rise from the ashes of one of the worst housing implosions in generations."
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Old 03-08-2015, 08:55 AM
 
695 posts, read 806,658 times
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Quote:
Originally Posted by davebarnes View Post
New wave of development poised to roll across Denver's suburban fringe - The Denver Post

"Now urban life is creeping up on [Watkins, CO] as plans for an expansive 9,000-home community, dubbed Prosper, take shape on more than 5,100 acres of farmland surrounding his house.The $600 million mixed-use project, which got preliminary approval from Arapahoe County last month, is just one of several giant residential communities poised to rise from the ashes of one of the worst housing implosions in generations."
They try to tear the mountans down to being in a couple more, more people . . . . more scars upon the land

John Denver (Aspen)


There`s a cry in the forest, it`s fethered and brown . . . . and it echoes off of nothing as the trees come down

Dan Fogelberg (Pagosa Springs)
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Old 03-10-2015, 08:17 PM
 
192 posts, read 195,208 times
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Front Range to Albuquerque by 2050??

Front Range - America 2050
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