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Denver housing market sees significant shift, but still not a buyer’s market

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Denver housing market sees significant shift, but still not a buyer’s market


DENVER — The pendulum is swinging within the Denver metro housing market, now favoring consumers greater than it has the previous two years.

Stock is up 17% from this time final 12 months, and homes stayed available on the market a mean of 25 days in August, in response to the Denver Metro Affiliation of Realtors (DMAR).

It’s now sellers who’re making an attempt to sweeten the pot for consumers.

The market is forcing consumers and sellers to get artistic in an effort to fight rising rates of interest.

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“I feel it’s wholesome,” stated Kelly Fogel with HDS Mortgage.

“It’s not fairly a purchaser’s market but, however it’s balancing out,” stated Pleasure Dysart with HomeSmart Realty.

The market has actually been tough for consumers.

“Good luck getting in,” stated life-long 5 Factors resident Dennis Hilliard. “Even the canine’s received to have a job.”

“I might die to be a home-owner,” stated 26-year-old Heather Blanchet who waits tables in 5 Factors and has been ready for a market shift. “I’ve at all times dreamed of proudly owning a house.”

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Whereas she’s pleased issues are leveling off, the issue for her and consumers like her now — skyrocketing rates of interest.

“Getting a mortgage, I really feel like that’s more and more onerous,” Blanchet stated. “The rates of interest are loopy, and shopping for a house, normally, is simply so intimidating.”

However Dysart and Fogel say consumers have some new choices, together with asking for vendor concessions, which may also help purchase down rates of interest.

“I feel we’re getting into a market the place sellers are working with consumers,” Fogel stated. “And that’s nice when individuals are negotiating once more.”

Right here’s the way it works — let’s say a purchaser is paying $500,000 for a house. They arrive in with a full-price supply, however then ask the vendor for a $6,000 concession, basically money again at shut. On the closing desk, that money goes straight to the lender to purchase down the rate of interest from an estimated 5.2% to 4.75% or so.

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“That $6,000 concession would possibly save them $250 a month,” Fogel stated. “In the event that they get a $12,000 concession, they could save $350 to $400 a month on their mortgage cost.”

“This is a chance for them to scale back their funds, which is essential to consumers,” Dysart stated. “It’s their month-to-month cost.”

Vendor concessions had been remarkable six months in the past. Now, they’re very a lot a part of the homebuying equation in metro Denver and Colorado.

“Sellers are actually prepared to work with consumers to make the deal shut,” Fogel stated.

“It motivates the consumers,” Dysart stated. “There’s nonetheless folks on the market that have to promote their home.”

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It’s actually intriguing to Blanchet.

“That will be tremendous engaging,” Blanchet stated.





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Denver, CO

Crews recover RV from Big Thompson River

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Crews recover RV from Big Thompson River


DENVER (KDVR) — An RV was recovered from the Big Thompson River after it went down the embankment and into the river.

Crews responded just before 2 p.m. Saturday for the incident on West Highway 34 in Big Thompson Canyon.

Loveland Fire Rescue Authority said the RV was about 75 feet down the embankment and in the water. The driver escaped and was evaluated by medics on the scene.

They requested swift-water personnel to help tow crews from Spartan Towing and Reliable Towing to fetch the RV from the water.

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Several agencies responded, including Thompson Valley EMS, the Larimer County Sheriff’s Office and Colorado State Patrol. Crews with Loveland Fire Rescue Authority were on the scene for six hours.



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NFL Draft QB Guru Puts Bo Nix Doubters on Notice With Hilarious Zinger

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NFL Draft QB Guru Puts Bo Nix Doubters on Notice With Hilarious Zinger


Denver Broncos rookie first-rounder Bo Nix has received glowing reviews from quarterback coach Jordan Palmer, who’s renowned for mentoring top signal-callers like Joe Burrow, Patrick Mahomes, and Josh Allen. Today, we’re exploring Palmer’s insight into Nix’s performance, mindset, and upbringing since his days at Auburn and even high school.

Palmer had a lot to say about Nix, not the least of which is the valid comparison to certain future-Hall-of-Famer.

Palmer’s first encounter with Nix was during his senior year in high school when he was his offensive coordinator for an Elite 11. He watched Nix battle it out with fellow 2024 first-rounder Jayden Daniels (No. 2 overall pick/Washington).

Palmer would later get a chance to see Nix head to Auburn to play for his father’s alma mater, and he noticed he had a surprise standout quality: his athleticism. Palmer would say, “He’s significantly faster than you realize.”

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Despite not having the fastest 40-yard dash, Nix had an exceptional performance in the 10-yard split, where he had one of the fastest times on the talented Auburn Tigers in the SEC.

Playing quarterback is an achievable goal but requires significant sacrifice, time, and dedication to the craft if a player genuinely wants to distinguish himself from others. In Nix’s case, his father played a crucial role in his rapid development as a signal-caller.

Patrick Nix was also Bo’s high school coach.

“From a mental perspective, this is the son of a coach. It’s actually a son of a great coach who also played. This is a trifecta in terms of growing up playing quarterback,” Palmer said of Nix.

Nix’s father helped him with his mechanics and footwork and was there to answer his questions about the game.

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While there is only one Brees, and Nix has a lot to prove and accomplish before he’s anywhere near the future Hall-of-Famer’s level, the two quarterbacks have a strikingly similar approach to the game, especially regarding preparation.

“Sean Payton clearly sees elements in Bo Nix, that he has had a lot of success with, and largely has helped him become the head coach of the Broncos, of what he saw in Drew Brees from an emotional standpoint,” Palmer said.

Nix’s approach to preparation has a lot to do with his success. At Oregon, he focused on recovering physically and preparing mentally. He even made a point to spend 12-hour days in the facility on Tuesdays and Wednesdays during his final season working with the Ducks coaching staff.

The Broncos have high hopes for Nix this season and the team should be optimistic. Palmer has been high on Nix from the jump. Even amid Nix’s struggles at Auburn, Palmer would go on to predict the future.

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“His potential is to be a top pick in the NFL draft,” Palmer said of Nix.

Palmer faced a lot of pushback for his comments, to which he was unfazed.

“I hope whoever commented on that watched the draft a month ago. Sorry, I was off by 11 picks,” Palmer said.

While the Broncos’ first-round quarterback selections in recent history had their moments, they either struggled with shortcomings, whether in arm talent or in spending too much time playing video games rather than improving their football IQ. In Nix’s case, he’s a dedicated winner focused on perfecting his craft and looks to prove the doubters wrong heading into his rookie season.


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Ask Amy: Exiting with some well-worn wisdom

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Ask Amy: Exiting with some well-worn wisdom


Dear Readers: Since announcing my departure from writing this syndicated column, I have heard from scores of people across various platforms, thanking me for more than two decades of offering advice and wishing me well in my “retirement.” I am very touched and grateful for this outpouring of support.

The thing is — I don’t think of myself as retiring.

I have led a constant, reliable life. I will read even the worst book to the last page. I have never voluntarily left a relationship, an obligation, or any employment.

(I can barely stand to leave a room!)

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But I’m leaving this seven-day-a-week commitment — because I want to, and because it’s time.

My intention is to move on and to do other meaningful work.

Writing this column has given me a glimpse into thousands of lives.

The insight I have gained has inspired and empowered me to listen to my own counsel, to be authentic in my actions, and to — basically — be in charge of my own life, as much as possible.

Showing myself the door at this moment reflects the privilege of good health, strong relationships, years of steady employment, and some prudent financial choices. I’m very aware of how lucky I am.

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My favorite way to envision this work is to picture families reading these columns together at the breakfast table and weighing in with their own points of view before reading mine.

And yes, there are still parents and grandparents out there who clip the newspaper and send pertinent columns to kids in college or summer camp, or tape it to refrigerators and bathroom mirrors.

I’ve heard from healthcare workers, police officers, firefighters and office workers who say they discuss the issues raised in the column in the break room.

I love knowing that, and I’ll miss having coffee with you.

The questions raised in this space have been used as teaching tools in middle schools, memory care units, ESL classes and prisons. These are perfect venues to discuss ethical, human-sized dilemmas.

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On my last day communicating with you in this way, I feel compelled to try to sum up my experience by offering some lasting wisdom, but I’ve got no fresh insight. Everything I know has been distilled from wisdom gathered elsewhere.

Boxer Mike Tyson famously said, “Everybody has a plan, until they get punched ….” Punches are inevitable. But I do believe I’ve learned some universal truths that might soften the blows.

They are:

Show up for people.

Be gentle with yourself — and with others.

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Lead with kindness, and recognize kindness when you receive it.

Reserve your harshest judgment. Sit on your worst thoughts about other people and consider the consequences before expressing them.

Be of service by finding something, or someone, to take care of.

Find creative ways to express your feelings.

Admit to your faults and failings, and resolve to do better.

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Ask for forgiveness.

Work hard not to be defined by the worst things that have happened to you.

Recognize even the smallest blessings and express gratitude.

Be kind to receptionists, restaurant servers, dental hygienists, and anyone who needs to physically touch or serve you in order to do their job.

Understand that there are times when it is necessary to give up.

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Spend time in nature.

Identify, develop, or explore your core ethical and/or spiritual beliefs.

Recognize and detach from your own need to control someone else.

Respect boundaries — yours and others’.

Seek the counsel of people who are wiser than you are. Ask their advice, and listen.

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I sometimes supply “scripts” for people who have asked me for the right words to say, and so I thought I would boil these down to some of the most important statements I believe anyone can make.

They are:

I need help.

I’m sorry.

I forgive you.

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I love you, just as you are.

I’m on your side.

You’re safe.

You are not alone.

Now that I’m near the end of my movie, I hope you’ll pay attention to the end credits.

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Many thanks to Chicago friends and colleagues, including Jim Warren, who found me, Ann Marie Lipinski, who hired me, Steve Mandell, who represented me, and editors Mary Elson, Bill O’Connell and Carrie Williams. Thank you to “Gentleman Jack” Barry, who softened my exit.

And especially to Tracy Clark, a talented novelist who has helped to correct my faulty thinking and grammar for many years.

Finally, much gratitude to faithful readers, who can find me on social media and through my regular newsletter.

Onward!

(You can email Amy Dickinson at askamy@amydickinson.com or send a letter to Ask Amy, P.O. Box 194, Freeville, NY 13068. You can also follow her on Twitter @askingamy or Facebook.)

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