Author Archive
Denver Home Sales After Tax Credits
Posted by: | CommentsBy Doug Hutchins, Castle Pines North Real Estate
How will the expiration of federal tax credits effect my listing at 8709 William Cody Drive and others?
“Is this party really over?” Or, did federal tax policy, and what some would call reckless federal “spending”, actually prime the Denver real estate pump for future sales
It is always interesting to see the effects of government policy. As you likely know, Read More→
Castle Pines North Home Sales Up
Posted by: | Commentsby Doug Hutchins, Castle Pines North Real Estate
Castle Pines North is a south Denver suburb where homes sales are increasing.
The number of homes sold in the 1st quarter of 2010 in Castle Pines North (CPN) increased by 39.3% compared to the 1st quarter of 2009. 39 homes sold in the 1st quarter of 2010 compared to 28 homes selling in the 1st quarter of 2009. There has been a similiar increase in home sales in Castle Pines Village just to the south.
This is a strong start to the year for sales. HOWEVER, I believe the first time home buyer tax credit and repeat buyer tax credit, which expired April 30th, drove a large portion of this increase. I believe the units sold in the 2nd and 3rd quarter will likely slow down due to many buyers accelerating their purchases in 2010 to take advantage of the tax credits being offered. Read More→
I Needed A Realtor
Posted by: | CommentsBy Doug Hutchins, Castle Pines Realtor
I give good advice to my clients at closings but I needed a Realtor to get to my own closing.
I recently purchased a home for myself and the one re-occurring thought I had during the process was “I need a Realtor!” Is that an odd statement for a Realtor to make?
Not really. Some say: The home buyer who represents himself has a fool for an agent. Of course, the temptation and instinct is for the Realtor to ignore that good advice because, after all, “I am good at what I do”. Read More→
Castle Pines North Update
Posted by: | CommentsStrong Sales of Entry Level Homes in Castle Pines
by Doug Hutchins, Douglas County Realtor
- Castle Pines North real estate market report.
Castle Pines North is a Denver suburb located in norther Douglas County. It’s where I work and it’s where I raise my family in a great, Colorado environment. 2009 has seen the real estate market in Castle Pines North, Colorado break into two distinct segments, the high end and low end.
The high end market encompasses homes that are priced above $500,000 and the low end encompasses homes priced below $500,000. The low end market has continued to hold steady, with units sold and prices staying stable. The high end, however, has suffered, Read More→
Marketing Your Home
Posted by: | CommentsBy Doug Hutchins, Douglas County Realtor
Bad MLS photos can be blurry, poorly lit and no perspective. That's why we use professional photographers. (Credit: Lucid Realty)
Important things a Realtor does when selling a home is to market the home to Buyers and other Realtors. Unfortunately, after 7 years in this business, I am still shocked to see how poorly some properties are marketed. Or, is there a word for “not marketed”?
I was reminded of this last week as I looked for homes in my neighborhood for a client. I had seen the For Sale sign go up in the yard of this home, but had not seen it appear on the Denver MLS searches I had been running for this client. Since I knew this floor plan met their needs, I knew it should be showing up on my home search. So I started to investigate Read More→
Glut: Big Homes in Castle Pines North
Posted by: | Commentsby Doug Hutchins, Castle Pines North Expert
Castle Pines North inventory of luxury homes expands.
I am extremely concerned with the level of inventory available in Castle Pines North, Colorado for homes priced above $500,000. Homes are commodities and pricing is driven by supply and demand. If there is an oversupply of homes, prices will drop. I have been warning for the last several quarters that the high levels of inventory would lead to a reduction in home prices. Unfortunately, that prediction is coming true for larger homes in Castle Pines North.
This could suggest that seller’s of larger and more expensive homes will be forced to lower prices if they want to sell in the foreseeable future. Most likely, only the most aggressively priced homes will sell at all. Read More→
Why Research Your Homewoners Association?
Posted by: | CommentsWhat you need to read! by Doug Hutchins, Douglas County Real Estate
Realtor Doug Hutchins and his clients did their homework before getting to a closing table.
When most folks are buying a home or condo, the last thing in the world they think about is researching homeowners association. That sounds pretty boring compared to the excitement of planning to move in a new home.
So, it’s a good thing to have a Realtor who won’t overlook the details that can be disclosed by homeowner associations. An interesting situation arose recntly with clients who were purchasing a condo. These Buyers had fallen in love with a newer condo complex Read More→
Castle Pines Charter School Construction
Posted by: | Comments
by Doug Hutchins, Castle Pines North Realtor
The construction of the permanent home for American Academy in Castle Pines North is progressing nicely thanks to the mild winter. The building, which will house students from K-8, is to be completed in early September in time for the start of the 2009-2010 school year.
American Academy is building its new Charter School in Castle Pine North.
The new 83,000 square foot facility will accommodate more than 700 students. American Academy has been leasing a temporary facility in Lone Tree Read More→
