Roy Kenny Real Estate

09/18/2026

09/17/2026

What's happening in Real Estate, August update. Give me a shout with any questions.

09/17/2026

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09/10/2026

The cost of overpricing, A great article from my friends at Chicago Title.

The Sit Tax
Median seller giveback by time to contract, Denver Metro, August 2026
Under contract in 7 days: $2,950
8 to 14 days: $12,715
15 to 30 days: $20,000
31 to 60 days: $35,550
61 to 90 days: $45,500
90 days or more: $65,000
Through the first two months on market, every extra week cost a seller about 0.8% of original list price. On a $600,000 listing that is roughly $4,700 a week.
What this does for your seller
71.9% of the homes that went under contract in the first seven days closed at or above their original list price. Across the whole month, only 30.8% did. That first showing weekend is worth more than any price improvement that comes later.
And here is the part that lands in a listing appointment: a price cut does not get your seller out of the concession. Of the 1,569 August sellers who reduced their list price, 62.7% still paid a buyer credit on top of it, at a median of $10,000. Two discounts, not one.
What this does for your buyer who says rates are too high
60.8% of August Denver Metro closings included a seller concession, median $10,000, average $11,446. For FHA buyers it was 93%.
On the $599,000 median close price with 10% down, a $10,000 credit is about 1.85 points. At a typical quarter point of rate per point, that is roughly 6.71% down to 6.25%, or about $177 a month for the life of the loan. Have your lender price the real thing, but the point stands: the rate relief your buyer is waiting for is already on the table, and it is sitting in the listings nobody is looking at.
I built all of this into a five page report you can hand straight to a client. County by county numbers for all seven counties, the full giveback table, the concession breakdown by financing type, and a seller script and buyer script you can use word for word.

08/22/2026

Schedule your showing and enjoy the views

08/10/2026

08/10/2026

https://www.facebook.com/share/p/1GsoEyunhB/

07/31/2026

Market recap and weekly rates
Happy Friday…. from my Lender Partner

Big Picture:
This market has become a daily exercise in separating the signal from the noise. One headline pushes rates higher, the next pulls them back. 😊 While it's still a very fluid situation, this week actually brought more encouraging news than discouraging. Inflation continued to cool, the Federal Reserve held rates steady, and housing remains far more resilient than many expected.

🏦 Federal Reserve Holds Rates Steady
The Fed left its benchmark rate unchanged at 3.50%–3.75%. Chairman Kevin Warsh reiterated that future decisions will be driven by incoming economic data rather than forecasts. While three members favored a small rate increase, the majority agreed there wasn't enough evidence to act at this meeting.

📉 Inflation Continues to Improve
June's Personal Consumption Expenditures (PCE) report—the Fed's preferred inflation gauge—showed encouraging progress. Overall inflation eased, core inflation came in slightly better than expected, and housing-related inflation continues to cool.

📊 Economy Slowing at a Healthy Pace
Economic growth moderated during the second quarter, helping reduce inflationary pressure without signaling a recession—a positive backdrop for future interest rate improvements.

🏡 Housing Market Remains Resilient
New home sales exceeded expectations, home prices continue to post modest appreciation, and purchase mortgage applications remain above last year's levels. Despite today's higher mortgage rates, buyer demand continues to hold up.

⛽ Biggest Wildcard: Oil Prices
Mortgage rates continue to react to headlines from the Middle East. If geopolitical tensions ease and inflation continues to improve, mortgage rates should have a better opportunity to trend lower in the months ahead.

🎯 Bottom Line
The overall picture is becoming more encouraging. Inflation is improving, the Fed remains on hold, the economy continues to expand, and home values remain strong. While this doesn't guarantee lower mortgage rates in the near term, it creates a more favorable environment than we've seen in recent weeks.
If you have buyers or sellers wondering what all of this means for their plans, I'm always happy to help put the headlines into perspective and talk through what it means for their specific situation.






Jeff McAlister
Sr. Loan Officer


[email protected]


(303) 653-8800
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(303) 653-8800


6465 Greenwood Plaza Blvd Ste 280, Greenwood Village, CO 80111

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