Local Pulse ‐ January 2024

mark@5280core.com • 720.257.1541 • 5280core.com
  Market Update | January 2024

Hello, Everyone! As we step into January, embracing the winter wonderland draped across the city, and with the ski slopes buzzing with energy, there’s an array of excitement awaiting you nearby. I’ve curated a special selection of captivating events for you to dive into this month.

Turning our focus to the Real Estate Market, we’re bidding farewell to the previous year with a surge in demand. Interest rates have taken a notable dive, dropping nearly a full percent from just a month ago. Brace for an early onset of the spring buying season, poised to bring about a rise in prices as demand gains momentum in the new year. If you’re contemplating selling or buying and haven’t strategized with me yet, it’s the perfect moment to connect. With 2024 ahead, expected to carry a wave of pent-up demand, let’s ensure you’re positioned for the promising opportunities ahead.

Should there be any specific topic on your mind, don’t hesitate to reach out. Wishing you a splendid new year filled with joy, prosperity, and thrilling adventures.

  Local Events | Denver
Experience the Pro Rodeo Tournament Semi-Finals at the National Western Stock Show! Catch 20 pro rodeos featuring 8 brackets, 3 Semi-Finals, and the electrifying Pro Rodeo Finals. Watch top contenders battle for a spot in the winner-takes-all final on Championship Sunday! Don’t miss this unforgettable rodeo experience.
Click HERE for tickets!
For 25 years, CHICAGO has been the epitome of Broadway’s glamour. This iconic musical weaves a captivating story of fame, fortune, and sensational jazz performances. With numerous accolades, including 6 Tony Awards®, 2 Olivier Awards, and a Grammy®, CHICAGO’s 25th-anniversary celebration is a must-see, still dominating the stage with its unforgettable charm and allure. Click HERE for tickets!
        Market Insights by DMAR:
  • The Denver Housing Authority completed the renovation of a former medical office building at 655 Broadway into an affordable apartment complex.
    The nine-story building houses 96 affordable units for seniors and disabled individuals.
  • Nationwide, existing home sales rose by 0.8 percent in November, marking the first increase in five months.
  • Interior design trends for 2024 highlight a shift from black houses, brass fixtures, sharp angles and white oak floors and finishes to more earth-toned homes, silver fixtures, curved architecture and rich, darker wood tones.
  • Conditions for housing are expected to improve as interest rates decline, unlocking inventory, fostering moderate home price appreciation and facilitating smoother transactions.
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@5280core.com • 720.257.1541 • 5280core.com
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