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Living In Colorado Live - TEAMwerk Pros The WERKing News brings together the business and fun in our lives! As real estate brokers we are always ready to assist! Kathie & John are loving life!

We enjoy eating, drinking, travel and adventures....what-ever and where-ever they are!

October DMAR report: 2,748 closings and seller concessions on 65% ofdealsThe October 2026 Denver Metro Association of Re...
11/06/2026

October DMAR report: 2,748 closings and seller concessions on 65% of
deals
The October 2026 Denver Metro Association of Realtors report was published November 4 and received fresh
reporting attention Thursday. It was not included in yesterday's edition. This is the newly available October
report, not the older September figures. DMAR counted 2,748 closed transactions, 8.58% fewer than
September and 23.54% below October 2025. The association says this was the lowest October closing count
since 2010. New listings fell 16.70% month over month and 9.02% year over year. [10] [11]
New October
indicator
Verified result Meaning
Closed sales 2,748; down 23.54% year over year Fewest October closings since 2010
Detached median $645,000; down 0.64% year over year Price relatively steady; volume weaker
Attached median $375,000; down 3.25% year over year Condos and townhomes softer
Seller concessions 65% of sales; average $12,557 Negotiation often occurs in transaction terms
Days in MLS 26 detached; 48 attached Attached units taking longer to sell
The most useful finding is not the median price. In 65% of October closings, the seller paid some form of
concession, averaging $12,557. Credits can cover closing expenses or interest-rate buydowns. Those benefits
do not necessarily appear as a lower recorded sales price, so a close-to-list ratio can overstate how much
bargaining power the seller retained. A separate title-company analysis cited by the Denver Gazette found an
average 7.7% reduction from original list price among properties that went under contract after a price cut.
That figure applies to that specific subset, not all sales. [10] [11]
Detached properties sold at a median $645,000 and closed at 98.55% of list in a median 26 days. Attached
properties had a $375,000 median, closed at 97.69% of list and required a median 48 days. DMAR describes
more than seven months of supply for attached homes. That is a material distinction for condo and townhome
owners, where HOA reserves, dues, insurance and financing eligibility can further influence buyer decisions

**Nearly 43% of U.S. homes have experienced a price reduction. What does that tell us?**According to HousingWire Data, 4...
11/03/2026

**Nearly 43% of U.S. homes have experienced a price reduction. What does that tell us?**

According to HousingWire Data, 42.83% of U.S. single-family listings have had a recent asking-price reduction in 2026.

That's a significant indication that sellers and buyers aren't always seeing eye to eye on property values.

We're seeing similar pricing challenges throughout the Denver Metro housing market. Buyers have more choices, they're watching affordability closely, and they're becoming increasingly selective.

For homeowners considering selling, the message is clear: **Pricing your home correctly from the beginning matters more than ever.**

An overpriced home can sit on the market, lose momentum, and eventually require reductions that might have been avoided with a better initial pricing strategy.

This doesn't mean homes aren't selling. It means sellers need to understand today's market rather than rely on yesterday's expectations.

**The market doesn't determine value based on what a seller hopes to receive. It responds to what qualified buyers are willing to pay.**

The WERKing News
*Real Estate News You Can Use.*

TEAMwerk Pros
The Team That Keeps on WERKing for You!

Was Loki the only one to notice Day Light Savings Time?
11/02/2026

Was Loki the only one to notice Day Light Savings Time?

**The WERKing News | Denver Metro Housing Market Update**The September 2026 housing numbers tell an interesting story. D...
10/28/2026

**The WERKing News | Denver Metro Housing Market Update**

The September 2026 housing numbers tell an interesting story. Denver Metro isn't experiencing a dramatic collapse in home prices, but the slowdown in transactions is becoming difficult to ignore.

According to the Denver Metro Association of REALTORS (DMAR):

- Closed sales: 2,849, down 21.39% from last year.
- Active listings: 13,567.
- Months of inventory: 4.76.
- Median attached-home price: $365,500, down 6.28% year over year.

**What does this mean for buyers and sellers?**

Buyers have more choices and potentially greater negotiating power. Sellers face increased competition and must pay closer attention to pricing, property condition, and marketing.

The attached-home market, particularly condos and townhomes, continues to face additional pressure.

**The bottom line:** Homes are still selling, but fewer transactions are closing. Today's market requires realistic expectations and a well-executed strategy.

At TEAMwerk Pros, we believe **Clarity in Real Estate Reduces Stress.**

Source: DMAR September 2026 Market Trends Report, published October 3, 2026.

**The WERKing News — Keeping Colorado Informed.**

Loving AI.........Loki now has his own Sunday Morning Cartoon! Welcome to "Loki's View of the World"
10/25/2026

Loving AI.........Loki now has his own Sunday Morning Cartoon! Welcome to "Loki's View of the World"

10/24/2026

**UNDER CONTRACT! NEXT STOP... CLOSING DAY!**

This one is extra special!

Kathie and I are thrilled to be closing next week on this beautiful townhome in **The Falls at Legend Trail**, and we couldn't be happier about who it's for!

Our dear friend **Mary** is making The Falls her new home, and she's already becoming part of one of our favorite neighborhood traditions: **the dog walkers of The Falls at Legend Trail!**

There's something wonderful about helping a friend find a home, especially when it means welcoming her into a neighborhood we love.

We're looking forward to celebrating closing day with Mary next week!

And who knows? You might just see us all out walking the dogs together!

**Thinking about buying or selling in The Falls at Legend Trail?** We'd love to help you find your place in the neighborhood, too.

John & Kathie
TEAMwerk Pros
**The Team that Keeps on WERKing for You!**
303-531-0411
www.TEAMwerkPros.com

10/24/2026

**YOUR FIRST HOME COULD BE YOUR FIRST INVESTMENT!**

**6421 Independence Street | Arvada, Colorado**

HUGE PRICE REDUCTION!

What if you could purchase your first home, make it your own, and start building equity along the way?

At TEAMwerk Pros, we believe homeownership can be the first step toward building long-term wealth.

And here's something many buyers don't know about.

**The FHA 203(k) Renovation Loan!**

Qualified buyers may be able to finance both the purchase of an eligible home and approved improvements through one mortgage.

Thinking about updating a kitchen? Replacing flooring? Making improvements that fit your lifestyle?

Let's explore the possibilities!

Whether you're a first-time homebuyer or an experienced investor looking for your next opportunity, TEAMwerk Pros can help you explore properties and financing strategies that fit your goals.

**Watch our video tour of 6421 Independence Street and discover the possibilities!**

https://www.teamwerkpros.com/property/6-6855387-6421-independence-street-arvada-CO-80004 for more information

TEAMwerk Pros
303-531-0411
www.TEAMwerkPros.com

*The TEAM that KEEPs on WERKing for You!*

FHA 203(k) financing is intended for eligible owner-occupied properties. Loan approval and renovation eligibility are subject to program and lender requirements.

**COLORADO HOMEOWNERS: WHO'S WATCHING YOUR METROPOLITAN DISTRICT?**If you live in a newer Colorado neighborhood, there's...
10/24/2026

**COLORADO HOMEOWNERS: WHO'S WATCHING YOUR METROPOLITAN DISTRICT?**

If you live in a newer Colorado neighborhood, there's a good chance you're paying property taxes to a metropolitan district. But how much do you really know about where that money goes?

A recent Colorado state audit raises some serious questions about oversight, transparency, and accountability.

Consider these findings:

- Colorado has approximately 2,500 metropolitan districts, up from about 1,000 in 2006.
- Roughly 1 in 5 Colorado residents lives in a metropolitan district.
- These districts are expected to collect approximately $1.2 billion in property taxes in 2026.
- Voters have authorized at least $3.2 trillion in potential borrowing capacity. That's NOT actual outstanding debt.

The audit also identified concerns involving incomplete financial filings, vacant board positions, and limited public access to information.

Now, metropolitan districts aren't necessarily bad. They help finance roads, water systems, utilities, and other infrastructure that make new neighborhoods possible.

**But here's the million-dollar question: Who's making sure homeowners are getting the transparency and accountability they deserve?**

When you purchase a home, the mortgage payment is only part of the financial picture. Metropolitan district taxes and other assessments can significantly affect your monthly housing costs.

The audit includes 17 recommendations for improving oversight, and Colorado lawmakers may have some important decisions ahead.

**Here's what I'd like to know:**

Do you live in a metropolitan district? Do you know how much you're paying each year and who serves on your district's board?

Let's hear your thoughts.

**The WERKing News**
*Local News. Real Perspective. Colorado Life.*

Source: Colorado Office of the State Auditor, October 2026 Metropolitan District Audit.

10/22/2026

# HUGE PRICE REDUCTION! | 6421 Independence Street | Arvada, Colorado

**BIG PRICE REDUCTION! BIG OPPORTUNITY!**

If you've been waiting for the right opportunity to buy a home in Arvada, Colorado, this one deserves another look!

Welcome to **6421 Independence Street**, where comfortable living, mature trees, inviting outdoor spaces, and plenty of potential come together.

In this TEAMwerk Pros property tour, we're showing you the home as it is today, along with virtually staged and enhanced images to help you imagine the possibilities.

**Highlights include:**
- Spacious living areas with a beautiful brick fireplace
- A functional galley kitchen with stainless steel appliances
- Comfortable bedrooms and a finished basement
- A generous corner lot with mature shade trees
- Outdoor space ready for your personal touch

**THE PRICE HAS BEEN REDUCED!**

Whether you're searching for your next home or simply exploring opportunities in the Arvada market, don't miss this one.

**Want to see it in person?**

Contact TEAMwerk Pros at **303-531-0411** to schedule your private showing.

**SUBSCRIBE** to for more Colorado home tours, neighborhood discoveries, and real estate updates.

Follow us on Facebook: **Living In Colorado Live**

Visit: **www.TEAMwerkPros.com**

*Some images have been virtually staged or enhanced for illustrative purposes. Actual property conditions may differ.*

https://www.teamwerkpros.com/property/6-6855387-6421-independence-street-arvada-CO-80004

**TEAMwerk Pros**

*The TEAM that KEEPs on WERKing for You!*

Address

1333 W 120th Avenue Ste 307
Westminster, CO
80234

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