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"Success in its highest and noblest form calls for peace of mind and enjoyment and happiness which come only to the man who has found the work that he likes best"
- Napoleon Hill |
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| What an amazing Colorado winter!? Amanda and I have been busy recovering from knee surgeries while chasing 3 little ones around (more like limping after them). It's a time to remember all that we're blessed with and I want to encourage you to look around at everything you have. After all, living a happy life is about perspective! |
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Where do I start? Let's take a look at the obvious and see just how different it is than we expected. To begin with, January 2026 had a 152.55% increase in 'New Listings!' Sounds like a big number right? Well, when we look at last January (2025), there was still a 135.43% increase. These are both in comparison to the month prior. What that tells us is that homes which didn't sell in November/December (or before), were taken off the market and re-listed once the new year came around, along with those who waited through the holiday season to list their homes.
Comparing other metrics from January 2026 to January 2025, we see that prices held pretty steady considering how many homes were expired in 2025 (about 15,000). In the past 12 months, there was a 1% decrease in the closed price of a home.
What stands out to me is a 47.19% increase in Pending Sales, which means these homes which went under contract (Pending) will be 'Closed Sales' when we see next months' stats. The market certainly isn't roaring right now, but we are starting to see things pick up as we move toward spring. |
| | Since the middle of 2022, we've seen a leveling off of home values & closed prices. 3 1/2 years ago we started experiencing rapid inflation, increased interest rates, property taxes shooting up and some were saying it was the start of a housing crash while others said to just wait a few months and rates would head back into the 3's. Neither was correct, we have experienced 3 1/2 years of a pretty stagnant market. The question is, how long will that last?
I believe we're starting to see the light at the end of the tunnel as interest rates fell to the lowest levels since 2022 just in the past few days.
So, where does it leave us now? A new Fed chair is coming in May, the Supreme Court just ruled against Trump regarding tariffs, and we have a mid-term election at the end of the year. All things that are likely to play a positive role for exiting this stagnant cycle we've been experiencing since 2022. |
| | Exploring Neighborhoods! Episode #9 |
| | I have to start by saying it was 5 degrees with the wind chill when we filmed this episode of Exploring Neighborhoods. Welcome to Castle Rock, founded in 1874, this community is rated in the top 5 places to live out west by Livability. It's not hard to understand why, you can click on the photo above to see the full video. With community events throughout the year, the top parks/rec centers in Douglas County, shopping, restaurants, and A LOT more. Castle Rock grew 52% from 2010 to 2020 and it's not hard to see why! |
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| | 4555 Gray Wolf Lane, Castle Rock |
| 10 of 10 boxes checked! I'm happy to announce my newest listing in the Crystal Valley neighborhood of Castle Rock. This home was built in 2022, but that's just the beginning. Click on the picture to view all the photos. You will appreciate all of the upgrades to every room, open yard out the back, a finished basement with a second laundry area and kitchenette. There's so much here, you can also click on the video above to learn more about Castle Rock, this home, and the clubhouse! |
| | | | Coming the first week in March, this ranch style home with some of the best views of the Rockies will be live on the MLS. With a mixture of beautiful hardwood floors & new carpet, separate office space, a huge shed, all sitting on a 1/4 acre lot; this house is almost ready for its next owner. Stay tuned. |
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| 4455 Zephyr St., Wheat Ridge |
| With immaculate spaces both inside and out, this home is in the heart of Wheat Ridge and offers your own private sanctuary. Offering almost 2,200 sq ft Above Grade, a cozy fireplace, new kitchen, and one of the nicest back rooms that overlooks the backyard through h plenty of natural light, this truly took decades of time and energy to complete with a bonus water feature. Stay tuned for this upcoming beauty. |
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| | | Views, views, views! Sitting on 40 acres, this incredible unique home piers off into Colorado's most beautiful sights. Coming soon will be a new deck, renovated interior, new front patio, an upgraded exercise room, kitchen, and a whole lot more. It's not hard to see why you won't find another home like this one. Stay tuned for our 'unveiling.' |
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| Have you ever read a book, related to it, but then had a hard time articulating why it resonates with you so much when somebody asks? That's probably my story when it comes to investing (investing in anything). At the closing table of my first home purchase, many moons ago, my realtor gave me Rich Dad Poor Dad, probably thinking it would collect dust. Instead I cracked it open and the journey begin. Disclosure: this has nothing to do with my Dad, he was brilliant as a banker for 40 years! But rather, it reinforced so many lessons I had been taught and gave me new insight on how to exit the Rat Race (read the book and that term will make sense).
As a new section of my newsletter for the next few months, I want to share with you some books that I have used to build my real estate portfolio. If you've worked with me before, you've probably heard me talk about Robert Kiyosaki. For the next few months, I'll be providing some of the more impactful books that I've read and applied. My hope is that you can learn from those who have been through it; avoid some mistakes, and educate yourself to prepare for a wonderful future. I hope you enjoy and don't forget to let me know what you think! |
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Wishing you a winter that continues being so warm! (But we're probably going to get snow at some point...) |
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| | Travis Carey
Broker Assoc. M: 607.435.5113 travis.carey@compass.com TravisCarey.com |
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| Compass RE is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. |
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