Parker Foreclosures - Some Great Deals on HUD Homes - 01/30/12 05:30 PM
 I spent yesterday afternoon showing a client several Parker Foreclosures. There are some great deals on the market right now. Many of these foreclosures are in great condition and don't show like traditional Parker Distressed properties. Some have newer carpet and paint and need very little work to move into.
HUD listed two new Parker foreclosures over the weekend and both are located in Stroh Ranch Parker Homes. Stroh Ranch is one of the more popular areas in Parker and is located just off of Parker rd, roughly 2 miles south of Main Street. This allows easy access to C-470 and the … (0 comments)

Highlands Ranch Patio Homes - New Listing by HUD - 01/27/12 01:35 PM
Highlands Ranch patio homes are always in high demand, yet hard to find. Sometimes the reason is that listings in the MLS are not entered correctly. This is the case with the home HUD just listed on Laurenwood.
While located in one of the most affordable neighborhoods for Highlands Ranch patio homes (The Villages Highlands Ranch), the "Patio / Cluster Home" check box was not checked. So, if you're searching for patio homes in Highlands Ranch, this home would not come up.
This is a great deal ona home this size in this neighborhood. With 3 beds and 3 baths, we expect … (0 comments)

Quail Run Townhomes Aurora CO - Under Contract in 7 Days! - 01/25/12 04:14 PM
We proud to announce that our newest listing in Quail Run Townhomes Aurora CO went under contract in just 7 days. If you're in the market for Aurora Townhomes, STOP listening to the media and reading the stories of the dismal real estate market. Properties are moving quickly because the market inventory is incredibly low!
We have buyers that are getting outbid on Denver HUD homes every week and we can't find suitable resale homes for them either. This is GREAT news for Sellers. If you are thinking of putting your home on the market. Last week, we put two homes under contract … (0 comments)

The Meadows Castle Rock Homes - Under Contract in 3 Days! - 01/23/12 05:34 PM
We listed this investment property in The Meadows Castle Rock Homes on Tuesday. On Friday, we were under contract. 
We've been trying to emphasize that the current inventroy of homes is incredibly low. There is a strong demand for the right homes at the right price. If you are thinking of selling your home, don't believe the negative news stories. Instead, let us run the market statistics and comparables on your home and show you what your real options are. You might be surprised!
 The Meadows Castle Rock Homes:
This fantastic 3 bedroom, 2 bath house is rented with a long term … (0 comments)

Quail Run Townhomes Aurora CO - Amazing Deal on a 2 Bedromm Ranch - 01/19/12 04:22 PM
Our team is excited to announce our newest listing in Quail Run Townhomes Aurora CO. If you're in the market for Aurora Townhomes, make sure you take a look at this great 2 bedroom, 1 bath, ranch style end unit. This home has a fenced in backyard with a deck, vaulted ceilings and all appliances are included!
If you are unfamiliar with Quail Run Townhomes, they are located just off of Mississippi Ave just east of Buckley Rd. Providing easy access to I-225 as well as DIA, this home is in a great location.  Make sure you check out the virtual tours … (1 comments)

The Meadows Castle Rock Homes - Just Listed Investment Property Already Cash Flows! - 01/18/12 03:05 PM
Our team is thrilled to list this investment property in The Meadows Castle Rock Homes. This great 3 bedroom, 2 bath home is fully rented with a long term tenant through the end of August. In addition, this tenant has indicated that they would like to remain well past that date. if you've been looking at Castle Rock homes for sale trying to find a great rental property, this is it.
The Meadows Castle Rock Home:
 
Many investors looks at Castle Rock distressed properties or Castle Rock foreclosures when they consider investment properties. This can lead to a number of … (1 comments)

Denver Luxury Homes: Inventory of Luxury Homes Shrinks in Denver - 01/17/12 05:31 PM
It looks like the shrinking inventory we've been detailing here is beginning to expand into Denver Luxury homes as well. As we've discussed on our blog, the inventory of available homes in the metro Denver area continues to shrink. We've seen it in almost all markets and price points, from Denver HUD homes to Denver luxury foreclosures. But now, it appears that the more standard resale luxury homes are experiencing the same problem.
From the Denver Business Journal:
The number of luxury homes available for sale in metro Denver continues to drop, according to a report analyzing multiple listing service data … (2 comments)

Colorado Foreclosures: Filings Down 29% in 2011 - 01/12/12 04:54 PM
More good news today on Colorado foreclosures and bank owned homes. Realty Track has a report, summed up nicely in The Denver Business Journal, detailing the 28.6% decline in foreclosure filings from 2010 to 2011.
While some of these numbers are a result of some banks facing legal issues and other process delays, it does square up with the lower foreclosure inventories we've been seeing on the market. When you add in some of the incentives that Fannie Mae and Denver HUD homes are offering, the inventory for these foreclosures is only going to diminish further.
From the Denver Business Journal:
… (1 comments)

Littleton Homes For Sale - 01/11/12 03:57 PM
Our newest team member, Jan Phillips, has a great new listing in north Littleton. If you're in the market for Littleton homes for sale, make sure you visit our website and check out the specifics on this great 4 bedroom home. It's located just south of Southwest Plaza and has easy access to downtown, C-470, the foothills and more.
The home has new windows, a three car garage and is nearly 1,900 square feet. With a big yard and deck, it's a great deal on a terrific home!
Littleton Homes for Sale:
 
 
If you are interested in Littleton homes, make … (1 comments)

Stroh Ranch Townhomes- HUD $100 Down Payment Program - 01/10/12 03:13 PM
We've been working with several buyers searching for Parker Condos. There have been very few, HUD homes on the market, so we were excited when HUD listed this townhome in Stroh Ranch Townhomes.
If you are unfamiliar with the complex, it is located roughly 2 miles south of Main Street off of Parker rd. These townhomes were built in the late 90's and are a great value for anyone looking in the area. With easy access to C-470 and I-25, these homes offer a great location at a terrific price.
If you'd like to tak a look at this home, or … (0 comments)

Denver Homes for Sale: Metro Denver Home Prices up in November from Previous Year - 01/09/12 01:08 PM
Some more good news for Denver homes for sale. Data from November of 2011 and 2010 show that home prices rose year over year. Even more importantly, these statistics included Denver distressed properties as well as standard resale homes (Distressed properties included Denver foreclosures and short sales).
This is in stark contrast to the nationwide data which showed a 4.3 percent year over year decline. Just one more reason to tak all the of the news articles you read on a nation housing crisis with a grain of salt. Denver is performing much better than average.
From The Denver Business Journal:
… (0 comments)

Littleton Condos: $100 HUD Down Payment Program Still Available - 01/04/12 02:56 PM
We've had some calls from buyers looking at Littleton Condos wondering if the HUD $100 Down Payment program is only available on Denver HUD homes, or if it is available on all listed HUD homes. The good news is that all listed HUD homes are eligible for this program - regardless of the city. However, if you you are interested in this program, please undrstand that this HUD $100 down payment program is only available to owner-occupants, not investors.
While this program is increasing competition for HUD homes, the are still some great deals on Littleton Foreclosures that qualify for this program. We've … (0 comments)

Denver Homes: Home Inventory Continues to Tighten in Metro Denver - 01/03/12 05:17 PM
If you've spoken to any of our team's agents over the past few months, you know that the biggest problem we're facing isn't Denver foreclosures, short sales or HUD homes. rather, the biggest issue we're dealing with is the lack of inventory; There just aren't enough homes to meet all of our buyer's needs.
If you've been reading the news for the past 3 years, this may come as a shock, but the fact is that many people are holding off selling their homes if they don't have to. This is causing inventory to plummet. And it seems that our anecdotal evidence is … (0 comments)

National Pending Home Sales Rise to Year and a Half High - 01/02/12 11:52 AM
It looks like the trend we're seeing in Denver Homes for Sale is taking place at a national level as well. As we've been reporting here, the number of buyers has been increasing for months. And while prices are only trending upward slightly, it is a very positive sign that the number of Under Contract and Pending homes for sale are increasing.
This article from AOL, gives a good summary of the national picture - cautious optimism:
The number of Americans who signed contracts to buy homes in November rose to the highest level in a year and a half.The best … (0 comments)

 
Brian Petrelli - MBA, GRI (The Brian Petrelli Team) Rainmaker_large

Brian Petrelli - MBA, GRI

Highlands Ranch, CO

More about me…

The Brian Petrelli Team

Address: 200 W Plaza Dr #130, Highlands Ranch, CO, 80129

Office Phone: (303) 268-8080

Cell Phone: (303) 817-0209

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News for Denver Colorado Homes and the surrounding metro areas. We focus on Bankowned homes, Single Family homes, Condos and Townhomes Residential property. Areas of expertise include: Highlands Ranch, Littleton, Parker, Centennial. Englewood, Roxborough, Aurora, Arvada, Westminster, Thornton and the Denver Tech Center.


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