What are the opening hours?

Monday 9am - 4:30pm Tuesday 9am - 4:30pm Wednesday 9am - 4:30pm Thursday 9am - 4:30pm Friday 9am - 4:30pm Saturday 9am - 4:30pm Sunday 9am - 4:30pm

Brit Cole Realtor + Broker

Home
United States
Denver, CO
Brit Cole Realtor + Broker

Creating + building relationships to help create financial wealth + investments.

02/28/2023

The age old debate, buying vs renting. 🏠

I think there are benefits to both, but I do think you gain to have more when you buy. Here are some pros and cons! 📈📉

RENTING
✅ Flexibility to move whenever without penalty after lease ends
✅ Same monthly payment
✅ Landlord handles repairs and covers expenses
✅ Landlord can raise rent or decide to sell property

BUYING
✅ Provides a sense of stability and community
✅ Helps build equity
✅ Responsible for all repairs and maintenance including costs
✅ Requires a large amount of financial leverage
✅ Homeowners can stand to make or lose a lot of money if house prices rise or fall
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If you’re tired of renting and want to break into the housing market hit me up!! I’d love to discuss your options and how I can be of service. 😃

02/07/2023

❄️ JANUARY REPORT IS IN! ❄️

Buyers are back in the market with bidding wars being reported again, much to the delight of sellers.
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In fact, buyers were so keen to jump back into the market that active listings at month end dropped 13.39 to 4,120 properties. Sellers who held off listing their homes over the holidays were eager to get their homes listed to kick off the New Year right, with new listings increasing 65.20 percent to 2,858 listings.
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While activity picked up from the holiday market, median days in MLS also increased by 13.33 percent to 34 days. This starkly contrasts a year ago when the median was a meager five days. While homes are not flying off the market within a weekend, buyers are still in the market. They have wrapped their heads around higher interest rates, have factored in rate buydowns into their purchase costs and are simply taking their time to find the right home.
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Although homes are selling a bit slower, the median close price dipped slightly by 3.33 percent to $536,500 market-wide with the real change occurring in the attached market with a 2.93 percent decrease to $397,000 compared to a 0.83 percent decrease in the detached market to $595,000. Additionally, the close-price-to-list-price ratio decreased by 0.27 percent month-over-month to 98.15 percent. This is a 3.90 percent decrease from this time last year prior to the seismic interest rate hikes that occurred in mid-2022. These numbers continue to showcase Denver's stability, as prices have not varied even though affordability for buyers has been greatly impacted by rising interest rates.

01/06/2023

Affordability and market uncertainty caused many buyers to pull back by mid-summer-this was a gift to buyers still in the market, providing an opportunity to negotiate with sellers on the sale price, concessions and inspection items, something they hadn't had the luxury of in years.
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Interest rate increases dominated the conversation for most of the year, but the lack of inventory was still an important player. The number of new homes that entered the market in December decreased from November by 35.19 percent; we typically see a decline in new listings from November to December as sellers pull back to focus their time and energy on the holidays. The inventory has gradually increased throughout the year, resulting in homes staying on the mar ket longer before going under contract, not necessarily more sellers entering the market. In December, the median days in the MLS was 30, up from 21 in November and up from five days in December 2021. Year-to-date, the total number of listings in 2022 was 60,164, down 9.30 percent from 2021-this listing count is also less than in 2020, 2019 and 2018. As a result, the total number of closed properties in 2022 was 50,743, down 20.84 percent from 2021.
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The increase in interest rates and decrease in buyer demand has impacted home prices. The median sale price for detached homes in December was $600,000, down 2.44 percent from November and 0.01 percent from December 2021. The attached homes also showed a month-over-month decline from $410,000 in November 2022 to $405,000 in December. Compared to December 2021. the median sold price for attached homes increased 5.74 percent. For both detached and attached homes, the peak median sale price for 2022 occurred in April, $680,000 and $440,000, respectively.
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This post-pandemic shift back to a more normalized market will take some time. There are many still wanting to buy a home who have not given up and are simply waiting on the sidelines for the market and rates to stabilize. There are many opportunities for buyers in this market; motivated sellers are willing to negotiate on price and inspection items and pay down the interest rate for buyers to make the home more affordable.

12/31/2022

HAPPY NEW YEAR! 🎉

May this new year bring you joy, happiness, health, wealth, and abundance! 🧡
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I’ve created a referral program and want to share the details with you! I’m very excited for this year and can’t wait to get started. Here’s a little bit about the VIP program I’ve created and what’s included.

When you refer at least one or more people, you will receive a monthly gift and ticket(s) to win a chance for a staycation at the Brown Palace Hotel or a Hot Air Balloon Ride.

The Brown Palace Hotel includes a two-night stay in the Royal Suite, breakfast for two, spa treatment (massage and facial), and one bottle of champagne upon arrival. The Hot Air Balloon Ride includes an hour plus ride, champagne, and photos for two.

For every referral you make, you will automatically receive a monthly gift and one ticket entered into a drawing for the grand prize (two-night stay at the Brown Palace or Hot Air Balloon Ride). The more people you refer to me, the higher your chances will be of winning.

The drawing will take place in November of 2023 for your chance to win the grand prize.

But wait – There’s more! If those referrals lead to a closing then you will automatically get to chose one of the following:
* Tickets to attend a sporting event of your choice (Bronco’s, Nugget’s or Avalanche) and dinner for two. This will also include two free drinks at the game.
* A two month subscription for a box of wine from Firstleaf wine (this includes 6 bottles of wine per box).

Please let me know if you have any questions, and I look forward to hearing from you soon!

(PS - To be entered, please make sure the referral name drops you)

Cheers!🥂

12/21/2022

It’s gonna get FREEZING!! 🥶
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Here are a few hot🔥tips on how to prepare your home for this insanely cold weather! 🫣
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Stay cuddled + bundled out there!🧣🧤🧦

12/05/2022

📊 NOVEMBER STATS ARE IN!📊

Detached active listings at month end dropped to 4,572, a 16.02 percent decrease from last month, while attached homes dropped 8.94 percent to 1,681, representing a 216.62 increase year-over-year for detached homes and a 109.08 increase year-over-year for attached homes.
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While inventory increased from last year, the market is still witnessing the typical end-of-the-year inventory decrease, which is likely a result of homeowners choosing to either wait to list their homes until the New Year or remove their properties ahead of the holiday season.
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While home values are stable, the announcement of the new conforming loan limits for 2023 will aid in the affordability and accessibility for homebuyers. The baseline loan limit of $647,200 will increase to $726,200 nationwide. This sizable change will make it easier for buyers to qualify for a higher conforming loan, thus avoiding stringent jumbo loan requirements.

11/29/2022

📣HEY DENVER! 📣

The City and County of Denver’s drive for compliance with minimum housing standards has begun with the launch of the residential rental property licensing program.
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“Denver will now have a licensing tool to hold landlords and property managers accountable for providing a safe living space,” said Molly Duplechian, interim executive director of the Department of Excise and Licenses. “Our hope is that many landlords and property managers take advantage of our early licensing period to benefit from the discount offered before licensing is required, so we have a city that achieves high standards of living for rental properties with a very inexpensive license requirement.”
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Through this program, every property in Denver that is offered for rent for more than 30 days will be required to have a residential rental property license. Applications can now be submitted through Denver’s Online Permitting and Licensing Center.
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Licensing is voluntary in 2022. To make getting the license as inexpensive as possible, the City is offering applicants a 50% reduction in the application fee (reduced from $50 to $25) if they apply in 2022.
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Starting Jan. 1, 2023, a license will be required for anyone who offers, provides, or operates a residential rental property consisting of two or more rental dwelling units on a single parcel. For example, this would apply to an apartment building or a duplex where both units are owned and rented out by the same person.
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Additionally, starting Jan. 1, 2024, a license will be required for rental properties consisting of one or more rental dwelling units on a single parcel, such as a single-family home, or a triplex, rowhouse or townhouse where one unit is being rented. The license will need to be renewed once every four years unless there is a change in ownership.
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The property is required to pass an inspection by a qualified, third-party inspector. The licensing fees are based on the number of units at one rental property address. The license fee is only $50 for a single dwelling unit, $100 for two to 10 units, $250 for 11 to 50 units, $350 for 51 to 250 units and $500 for 251 or more units.

11/20/2022

It hurts my heart 💔 to hear about the tragic events that took place last night at the LGBTQ 🏳️‍🌈 night club in Colo Springs 🌄. Especially because it happens to be Transgender Day of Remembrance 🏳️‍⚧️
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I think about my q***r friends and their safety all the time. I cannot imagine walking through this world not feeling safe to be yourself. I will and have always loved the LGBTQ community and will forever be an ally! ✊
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Eff Hate! 🤬

11/19/2022

It’s FINALLY HERE! ⛷️Tis’ the season for shredding that pow! 🏂
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Here are some opening dates! Gear up and ride down the slopes this winter! ❄️

11/11/2022

THANK YOU to all the men and women who have served this country.🎖️
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I come from a long line of military members in my family, and I have seen first hand the mental and emotional sacrifice they made. It’s no easy task and I’m grateful for their service. ❤️🤍💙

11/08/2022

The October Reports are in! 📊
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As the Denver market normalizes, active inventory declined slightly to 7,290 homes on the market at month’s end. However, this is an increase of 115.94 percent year-over-year. While this number reads as a jump, the current inventory is still less than the pre-pandemic inventory numbers of 8,557 active listings in October 2019.
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Rising inflation and interest rates are undoubtedly changing the landscape of the market, showcased in new listings, which declined 26.73 percent from last month and 27.92 year-over-year. As a result, Denver Metro saw its first small decline in average and median sales prices this month.
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However, sale prices skyrocketed over the last two years so as a result, the market is well ahead of historical appreciation metrics of where the Denver market should be had it not experienced a pandemic-fueled buying frenzy. Overall, while prices flatten out, the historical appreciation that sellers have seen cannot be ignored.

11/05/2022

🕰️ IT’S THAT TIME! 🕰️
The big time change is upon us!
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Don’t forget to set your clocks back before you go to bed. 🛌 You’ll end up waking up in a different time zone! 😳

Address

2632 Blake Street Suite 102
Denver, CO
80216

Opening Hours

Monday	9am - 4:30pm
Tuesday	9am - 4:30pm
Wednesday	9am - 4:30pm
Thursday	9am - 4:30pm
Friday	9am - 4:30pm
Saturday	9am - 4:30pm
Sunday	9am - 4:30pm

Website

https://www.westandmainhomes.com/agent/britcole/

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