Kim, and Patrick cover September 2024 Denver real estate stats, a mortgage update, and discuss the Kroenke expansion by Ball Arena:

Denver Real Estate Stats for September 2024:

• Market Trends: Kim highlights how the fall season has affected inventory and buyer activity, with some expected seasonal slowdown but a great time for buyers to buy.
• Pricing Insights: She breaks down the average home prices, showing a slight decrease or plateau in certain areas compared to summer, with price points varying widely between urban and suburban locales.

Mortgage Update:

• Rates Overview: Patrick gives an update on mortgage rates, discussing any fluctuations over September and the factors influencing them, like inflation trends and Fed policy.
• Buyer Advice: Patrick offers tips for buyers in this higher-rate environment, touching on adjustable-rate mortgages and refinancing strategies once rates stabilize.

Kroenke Expansion by Ball Arena:

• They discuss the new expansion led by Kroenke Sports & Entertainment near Ball Arena, designed to enhance the Denver sports and entertainment experience. This includes new retail spaces, residential units, and improved transit options, which could bring exciting new developments and increased property values to the area. You dive into what it might mean for local residents, investors, and the real estate market around downtown Denver.

This episode blends the latest market data with news on Denver’s evolving cityscape, giving listeners an up-to-date view of both their housing and entertainment options.

Kim Davis
303-882-0888
email: kimdavis@remax.net
Dynamic Home Team with RE/MAX Professionals
www.DHTDenver
https://www.youtube.com/@BrokerBanterDenver

Patrick Williams
720-988-7664
email: pwilliams@themortgageco.com
www.themortgageco,com
https://www.youtube.com/@BrokerBanterDenver

In this episode of Broker Banter Denver, Kim and Patrick dive into the recent Federal Reserve rate cut and explore its potential impact on the real estate market. We break down what, if anything, has changed since the cut and how buyers, sellers, and investors might be adjusting their strategies. Patrick gives his take from the mortgage perspective, while Kim weighs in on how the local Denver market is responding.

We also discuss a recent Yahoo article highlighting five housing markets poised for stable growth. With housing trends often unpredictable, we examine which factors contribute to market stability and whether Denver could be following a similar path. From economic indicators to regional trends, we provide insights on how these factors could shape future real estate decisions.

Tune in for expert advice and key takeaways on navigating these market shifts!

Kim Davis
303-882-0888
email: kimdavis@remax.net
Dynamic Home Team with RE/MAX Professionals
www.DHTDenver
https://www.youtube.com/@BrokerBanterDenver

Patrick Williams
720-988-7664
email: pwilliams@themortgageco.com
www.themortgageco,com
https://www.youtube.com/@BrokerBanterDenver

Broker Banter Denver Podcast Summary: Federal Reserve Cutting Rates

In this episode of Broker Banter Denver, hosts Kim (real estate expert), Patrick (mortgage guy), dive into the latest decision by the Federal Reserve to cut interest rates. They explore the ripple effects of this move on the Denver housing market, discussing how lower rates could increase buyer activity and affordability. Patrick explains the direct impact on mortgage rates, while Kim offers insights into what this could mean for both buyers and sellers in an already competitive market.

The conversation also touches on potential long-term effects, such as the Fed's goal of stimulating economic growth, and whether rate cuts might contribute to housing market volatility or increased demand. The trio analyzes how real estate professionals can best advise clients during this period of lower rates, encouraging buyers to take advantage of the opportunity, while also cautioning about future rate fluctuations.

Ultimately, the episode provides listeners with valuable takeaways on how the Federal Reserve’s decision could shape the future of Denver's real estate landscape and why staying informed on rate movements is crucial for both buyers and professionals in the industry.

Kim Davis
303-882-0888
email: kimdavis@remax.net
Dynamic Home Team with RE/MAX Professionals
www.DHTDenver
https://www.youtube.com/@BrokerBanterDenver

Patrick Williams
720-988-7664
email: pwilliams@themortgageco.com
www.themortgageco,com
https://www.youtube.com/@BrokerBanterDenver