April Newsletter

"The person who follows the crowd will usually go no further than the crowd"

- Albert Einstein

YOU'RE INVITED!

2025 Vendor Fair!

This Saturday (April 12, 2025) @ Cannonball Creek Brewery

I'm often asked for referrals, maybe for an electrical issue, perhaps an AC replacement, a furnace going out at 2am on the coldest winter night, or just a long-awaited renovation. This Saturday, myself along with my 2 business partners (Dale Becker and Robin Gerlach) will bring together homeowners (or future homeowners) to meet trusted industry professionals. This is one of my favorite annual events as my goal is to not just help my clients with buying/selling a home, but also to provide resources throughout the year!

I want to take a moment to invite you to join us THIS SATURDAY! We will be at Cannonball Creek Brewery (Golden, Co) from 11am - 2pm. Feel free to stop by anytime during those 3 hours to enjoy a free drink, ask questions, and enjoy a beautiful Saturday in Colorado. Here are the details:

WHEN: Saturday, April 12, 2025
LOCATION: Cannonball Creek Brewery: 393 Washington Ave., Golden Co, 80403
WHO: ANYBODY, literally. This is a dog friendly venue along with games for kids.
WHAT: A 'mixer style' social event. Just come and meet trusted professionals in a fun setting.
FOOD: We will provide 2 free drink tickets along with non-alcohol drinks. There will also be a Taco food truck.

RSVP

Baby #3 coming in 3 weeks!

Grace decided to join me in preparing one of my listings, and thankfully left without any paint on her! Leo has diligently practiced his archery technique and is getting to be quite the sure shot. Amanda and I have not slept much as we run after our 2 kids while awaiting Baby #3 to join the Carey family anytime in the next few weeks!

Market Update

I have way too much to say about the market right now. So, let me keep this somewhat short and encourage you to reach out if you'd like to chat further, I'm also down for some good conversation on the state of our economics!

To begin with, this year has been somewhat abnormal; We have a new president/administration, interest rates are still elevated, but coming down to earth a little, inflation isn't quite where the Fed ways it, but not too far off, and there has been so much activity in the markets.

Our 'Active Inventory' has started to increase at a sooner time in the year than expected and we have seen a 40%+ increase in pending sales (compared to last month). While some of this might seem unexpected, I would say we're seeing the machine start to fire again after 2 years of hesitancy. Homeowners have sat on the sidelines for a long time and homebuyers have waited for a while (years now) to see some sort of exhale in skyhigh interest rates. In my opinion, we may be just seeing the tip of the iceberg.

I want to take a moment to address inflation/interest rates. This is my opinion, I welcome yours, but the Trump Administration has been very outspoken about their desire to put pressure on J. Powell to bring rates lower. The problem; Powell is not controlled by the president. However, the Federal Reserve will likely cut rates if we see economic data that appears concerning. I'm not saying it's intentional, however I do think the stock crash we've seen recently has played a bigger role in putting more pressure on the Federal Reserve to lower rates.

There's a lot of fear out there right now regarding a potential recession, but if you read my newsletters you may remember one quote that I often use: 'Anticipation is Mitigation.' In otherwords, any fear we're seeing right now, is already accounted for moving forward. That said, I would anticipate a fairly strong rest of the year as we expect multiple rate cuts.

CONGRATULATIONS!

Green Mountain

Congratulations to Brynn & Preston on your new home on Green Mountain!

Centennial

Congratulations to Brian & Kourtney on your new home in Centennial!

Denver

Congratulations to Brenda on your new townhome in Denver (but more like Littleton ;))

Aurora

Congratulations to Fernando on going under contract!

Thornton

Congratulations to Bill & Gillian on going under contract!

Lakewood

Congratulations to Carson and Collette on going under contract (selling) your home!

Lakewood

Checkout my newest listing in south Lakewood! This townhome is 2 bedrooms and 2 bathrooms, it's very well maintained, includes Central Air, granite counters, newer flooring, updates throughout, and much more. The best part is perhaps the HOA @ only $243/month which includes a pool. Click on the photo above to learn more, or email me if you're interested!

Wishing you all a Wonderful and Blessed Spring ahead! I hope you all enjoy Easter with your loved ones!

Travis Carey

Broker Assoc.

M: 607.435.5113

travis.carey@compass.com

Compass 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.