Happy Friday Central Park and Happy Holidays… It’s December 1st! Can you believe it, because I cannot! Where did 2023 go? For me and my family it seemed to fly by! In terms of the real estate market, it was very up and down but it seems (at least for now) that interest rates will not be rising any more in 2023 and hopefully not in 2024 either. In fact, a panel of experts predict the FED will lower rates and settle somewhere in the 6’s or very low 7’s in 2024 (themortgagereports.com), better for buyers and sellers who need to sell their homes!
I believe 2024 will actually be a strong real estate market here in Denver, because of this trend in interest rates coupled with a pent up market demand. Many homeowners had to wait to sell their homes due to lack of buyer demand pulling them off the market altogether. Plus many buyers chose to wait and see what would happen with the rates and homes prices. Pent up demand = a great spring selling season.
Of course, if you want or need to buy a home now, the benefit is there is a lack of competition and seller motivation is high so buyers will have a lot of leverage. Our market is slower during the holidays and winter months, so this is no different from what we are used to seeing in local real estate, but it had been undoubtedly slower than usual. Again, great deals are out there for buyers, so please let me or anyone at Focus Real Estate know if you are in need of real estate help! As local experts, we know Central Park and would love to help you.
In addition to real estate, we pride ourselves on knowing what’s going on in Central Park so be sure to check out some of our recent SCOOP posts below!
Looking for a mountain vacation home, ski condo??? We have you covered! Our colleague Whitney Barnett is selling a gorgeous, 2 bedroom mountain condo located in Breckenridge at The Corral property (for those who know the area) only yards to the ski area! Check it out and be sure to let me know if you are interested in a tour or submitting an offer, email me at email@example.com or call 303-564-3734! I have helped lots of people secure mountain homes over the years including my own property!
DID YOU KNOW: Focus Real Estate also has a property management company? If you own a rental, are considering renting your home or are considering purchasing an investment property give Joe Phillips a call (or anyone on our team) to discuss what Focus can offer to you. We pride ourselves on marketing our rentals as well as we do for our sale homes. You can learn more about what’s included in our services as well as our pricing on this page on our property management site.
Check out our newest rental properties available NOW!
8156 E 33rd Ave Denver, CO 80238 – 1 bedroom, 1 bath carriage house listed by Focus Real Estate Property Management for $2,850 per month!
This great carriage house property is beautifully furnished with all utilities-included available in Denver’s Central Park neighborhood. Available for flexible lease terms of 30+ days. Designed impeccably to meet all your traveling needs, this 1 bedroom carriage home is furnished with a queen size bed, full living room with sleeper sofa, dining space for 4, and full kitchen. Intended for a comfortable extended stay, the kitchen is fully equipped with a full size fridge, stove/range, dishwasher, coffee maker & more. Necessary cookware, plate ware and cutlery are also included. The bedroom and shower bath come complete with bedding and towels, and the full size washer and dryer in unit make laundry stress while traveling a thing of the past. Feel free to come and go with your own separate keypad-secured gate and keypad-secured private entrance. Parking is on a quiet neighborhood street. Walking distance to Natural Grocers, Sprouts, the A line light rail station (20 minutes to downtown or DIA!), FlyteCo Brewing, United Airlines training center and multiple restaurants. Quick commute to Anschutz Medical Complex, downtown Denver and DIA! All utilities including water, gas, electric, and high speed wifi are all included!
Bonus: All tenants receive a full membership to Progress Coworking, a local coworking space with 6k sf of work space just a 5 minute bike ride from the property. Get a home and a work space all in one! No pets.
“Now, on to this week’s real estate numbers…
Whether you live in, or would like to purchase in Central Park or anywhere else in the Denver metro area, our 5 brokers here at Focus Real Estate would love to help! Shoot me an email firstname.lastname@example.org to see any of these available homes or if you have any real estate questions at all.
Since last Friday 6 new homes came on the market ranging in price from $614,900 for a 3 bedroom townhouse to $940,000 for a 3 bedroom single family home.
There are currently 66 total homes for sale in Central Park (both 80238 and 80010) while last month there was 83.
Over the last 7 days, 7 homes went under contract.
This week only 2 homes closed and one was a brand new home by Brookfield Residential. Welcome home to our new neighbors.
That’s it this week! If you want to talk Real Estate, get a home valuation, discuss market conditions or really anything you think should be on the Scoop, let’s chat! Shoot me an email at email@example.com or feel free to call/text me at 303-564-3734.
**Focus Real Estate – Neighborhood experts, flexible commissions**
Our Friday real estate updates are meant to be a “roundup” type post where we discuss all listings in Central Park, not just our own. It’s our way of making sure we follow the market closely and we share it with the Scoop readers because we know many of you like to track real estate in the area as well. Many of the listings in these posts are not our company’s listings and we wanted to mention that here to make sure it’s clear. Thanks for reading the Scoop!