720-724-8187 rogelio@vidabroker.com
Buyers in Crisis

   If you have been reading my newsletter, you already know this. Real estate market conditions are great to sell a home but if you are in the buying side it’s just terrible. Here are some headlines you may have come across:

• Soaring cost of living in Denver pushing renters into the home-buying market
• Denver buyers up their game to be last bidder standing in real estate deals

• Lack Of Housing Inventory Has Denver Buyers Looking At New Construction Market
• Frustrated At Low Inventory In Mid Range Priced Homes?
• SOMETHING FROM NOTHING: WHAT TODAY’S LOW INVENTORY MEANS FOR BUYERS
So what to do? Here are some quick pointers:

1. Start saving in advance (maybe two years) so you have enough for the down payment, closing costs and the costs for the inspection and appraisal. Yes, there are programs and have the seller assist with some of these costs but if you are competing with buyers that don’t need help, you have no chance.
2. Work within your current lease agreement. Don’t start looking for a home too early or too late. You will need flexibility. You may need to pay the premium on a month-to-month lease.
3. Your financing must be exact. Make sure you check the gross income and pre-approval terms such as taxes/insurance are correct so that you know you really, really can’t offer the one thousand to five thousand more that would have gotten you your home. You may also be able to close sooner than you thought.
4. Get updated home lists daily if you need to and be open to other areas. You can check Vida’s site for example.
5. Get a list of other items together: Personalized letter to the seller, be flexible with contract contingencies, earnest money availability, have inspector/insurance contacts ready, etc.

Need more personalized help?  Just email at rogelio@rentandbuyhome.com or text 720-253-8513.

  

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YOUTUBE

As we settle into spring 2025, Denver’s real estate market is revealing some critical shifts. Whether you’re buying your first home or preparing to sell a property you’ve outgrown, understanding the market’s current temperature—especially through the lens of months-of-supply—can help you move with clarity and confidence.

📊 What Is Months-of-Supply?

Months-of-supply tells us how many months it would take to sell all current homes on the market at today’s pace, assuming no new listings come in. It’s one of the best ways to gauge whether buyers or sellers have the upper hand:

  • 0–4 months: Seller’s market
  • 4–6 months: Balanced market
  • 6+ months: Buyer’s market

📍 What’s Happening in Denver?

Denver currently has a 3.1-month supply, nudging close to a balanced market. While still favoring sellers slightly, inventory is rising fast—up 11.2% year-over-year and a striking 70.6% above 2019 levels. New listings also rose by 18.1% over the past year, though still slightly below pre-pandemic levels.

Now here’s a key point: closed sales in April 2025 were down 3.2% from last year. Fewer completed transactions suggest that buyer activity is cooling even as more homes hit the market. This shift reflects growing caution among buyers, likely tied to higher mortgage rates and affordability pressures.

In simple terms: we’re seeing more homes for sale, fewer homes being sold, and slightly longer time on market. This is a clear signal that the market is transitioning—and that timing, strategy, and pricing are more important than ever.

🏙️ Comparing Other Cities

Miami Area – 7.8 months of supply

Buyer’s market with inventory up 37.5%, but closed sales flat. Homes are sitting.

Austin, TX – 5.4 months

Moving toward balance. Listings up 19.7%, but also seeing a slowdown in closed deals.

Phoenix, AZ – 3.6 months

Still seller-friendly, but inventory has surged 54.6%. Like Denver, the pace is slowing.

In comparison, Denver’s sharp inventory rise paired with declining closings indicates one thing: competition is heating up—especially for sellers.

🤝 Buyers: Opportunity Is Knocking

  • More Inventory = More Choice

  • Stronger Negotiation Power: Fewer bidding wars, more room to talk terms.

  • Act Smart, Not Fast: It’s not about “the deal”—it’s about the right deal.

💼 Sellers: Stay Strategic

  • Price It Right: With fewer sales happening, homes that are overpriced are sitting.

  • Presentation Wins: You’ll stand out when your home is clean, staged, and easy to show.

  • Act Now While It’s Still a Seller’s Market: We’re on the edge—waiting could cost you.

📲 Let’s Talk—No Pressure

Whether you’re dreaming of a new home or prepping to sell, let’s have a free, no-obligation conversation to map out your next move.
📞 Text/call me directly at 720-724-8187
📅 Or grab a time that works for you: Book Here

You’ll get real insight, no pressure—just a smart path forward based on your goals.

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