Archive for Uncategorized
Evergreen: Denver’s Mountain Suburb
Posted by: | Comments
Downtown Evergreen's own picturesque lake
(Bob Maiocco is our newest Blogger who lives and works in the Denver suburbs of Evergreen. He also knows and sells homes in Conifer and Morrison and Bailey)
Evergreen real estate is an impressive collection of mountain architecture in a remarkable setting anchored by a beautiful alpine lake—Evergreen Lake. Evergreen homes for sale range from tiny mountain cabins originally built for writers, artists or weekend vacationers up to new luxury estates offering some of the best views and settings in America. Read More→
South Broadway Boom
Posted by: | CommentsBy ELizabeth Hotz, First time Home Buyer Specialist
Snarled traffic on Broadway Blvd south of I-25 will be worth the trouble when the renovation of the Better Broadway Project is completed.
Driving up and down South Broadway Boulevard in Denver – just south of where it connects with I-25 – has become unbearable! Cars backed up for blocks, new lanes, huge cement trucks, and construction workers with their “slow” signs – it’s an anthill of activity. And yet, many people wonder what all the fuss is about…
In 2010, the Better Denver Bond launched a $34.4million project known as Better Broadway that will give South Broadway the face-lift it has so desperately needed! Read More→
Trees: Beauty and Hidden Liability
Posted by: | CommentsBy Carl Brahe, Commercial and Residential Real Estate Inspector
Trees in Denver can add beauty but beware of liability.
Trees add beauty and comfort to a Denver home for sale. Trees can increase enjoyment, ascetics and add value. Trees can cut down on energy use and provide a wonderful playground for children. Trees can be a big asset to a home or a big liability.
In many older neighborhoods large trees that add character to a home and can make up for shortcomings in the houses. Older trees, especially those subjected to the stresses of a suburban environment, may develop health problems that require special maintenance or even removal. In the Denver area many of the trees are failing from disease and/or old age. Read More→
Landmark Condos Has New Owner
Posted by: | Comments
Landmark Condominum Towers and Retail Shopping center in Greenwood VIllage, a Denver suburb
Hypo Bank of Germany is the new owner of the Landmark Complex in Greenwood Village that includes the two Landmark luxury condominium towers. While the retail complex thrives, questions remain about the future of the residential condominiums.
The opulent retail and residential complex in the posh Denver suburb has been an interesting story since the project began over four years ago. The complex consists of 250 residential units plus a 168,000-square-foot shopping center, The Village Shops at The Landmark Read More→
Tax Credits: “The Hangover”
Posted by: | CommentsHow’s the Denver real estate market?
The Denver real estate market is suffering from the after-effects of the tax credit party. May home sales plunge 41%.
May home sales statistics from Metrolist have plenty of support for both optimists and pessimists.
As Charles Dickens might say: “It was the best of times. It was the worst of times”. I say: “We are suffering from The Hangover.” Tax Credits to buy homes are gone (probably forever) and the party is over. But, we sold a ton of homes under $300,000 and some of those buyers actually did move up and buy more expensive homes.
But, most didn’t. Most sales were short sales and foreclosures that were heavily discounted. Homes priced over $500,000 have continued slow sales and prices, generally, have dropped but not in every market segment.
For optimists, we can consider that closings were way up in May. 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→
What are the odds of your home selling?
Posted by: | CommentsLon Welsh, Your Castle Real Estate
Denver Foreclosure (REO) homes are most likely to sell. Short sales (S/S) were least likely. The cheaper the single family home (DSF), the more likely it will sell.
We just finished an analysis of which homes are most likely to sell in the Denver real estate market. We found that overall, 42% of the homes listed between January and September 2009 went on to sell. We didn’t look at more recent listings since it takes many months for some homes to attract a buyer, and then 30-60 days to go on to close.
The odds of your home selling are highly dependent on a few factors: Read More→
Top 10 Things to Do in Stapleton
Posted by: | Commentsby Brittney Phua, Stapleton Real Estate
The flowers are blooming and Stapleton is coming alive this Spring! My family and I love living here in this exciting and fun Denver community located at the site of the former Denver airport. Here are my top 10 Stapleton spring/summer activities!
Stapleton has a nature preserve located in Denver city limits!
1) Nature walk at Bluff Lake Nature Center. Come check out this oasis in the city. Bluff Lake Nature center consists of 123 acres on the eastern edge of Stapleton. There is a seasonal lake, wetlands and plenty of bird watching.
2) Fine tune your horsemanship Read More→
When Will Shadow Inventory Be Listed?
Posted by: | CommentsThe previous article about shadow inventory data made a good argument that the Denver real estate market can absorb the possible new foreclosures that are on the horizon fairly easily. This graph shows that the numbers of weekly foreclosures that sell at the Public Trustee sales are not increasing yet.
Recent forclosure homes recieve Certificates of Purchase on the day of the sale. These stats are from Jill Cox, First American Title.
Carbon Monoxide Detectors in Colorado
Posted by: | CommentsBy Larry Hotz, All Denver Real Estate, Senior Editor
This Denver area family died in Aspen from carbon monoxide poisoning
Every seller of every home in the state of Colorado must now install carbon monoxide detectors within 15 feet of every bedroom.
Current monoxide detectors have always been a good idea because they are a first alert against the invisible, odorless gas that can kill people if a furnace should fail. In addition to being a good, common sense idea, it is now the law of the land in the state of Colorado whenever any home is sold. Read More→
