Just a reminder to those of us that have been in the business a while, and forget there is new technology out all the time we NEED to stay on top of daily/weekly! Just attending your State Convention, allowing you to absorb all the new social media ways to stay in contact with your sphere, and other agents across the country.
There are several you could participate with, but probably just a few will actually be ones you actually have time to do a great job. Active Rain and Linkedin are two in which, if you do relocation --- a GREAT way to connect with other agents, gain respect and friendship, and pass referrals back and forth. Sometimes you actually get to MEET them also.
Make it a point once a week to get into a social media arena that will fit YOUR personality and ability. If you don't know, ask your rep from your title company, there sure is a person that can direct you in the right direction!
As if we have not had enough bad news for the condos and townhome communities --- if the HOA is 15% or more in arrears (homeowners not paying their HOA fee), new buyers will not be able to obtain a new loan until the arrearages are under 15%!
If you have thought about listing your condo or townhome, please check with your HOA to make sure your HOA is up-to-date, and not aware a few days before a scheduled closing. This could save ALOT of heart ache well before!
Just heads up --- if you are in a price range of under $200,000 - be prepared to have patience with this process! With all the first time home buyers jumping into this current market, this price range's inventory has diminished.
There are many bank owned and short sales in this price range, both of which NEED patience! HUD properties are typically selling for $20-30,000 more than listing price. If you are an FHA buyer, unless you have extra dollars to bring to closing, you cannot offer more than list price. There is an FHA appraisal completed on the property. These offers are coming in with conventional loans, and new appraisals are done.
If you have a lease that will expire soon, you probably will need to check into a month to month option. The last buyer I was assisting under $150,000, took 6 offers and 4 months to get closed. He is happy in his new house today!
ARE YOU STILL WAITING FOR THE MARKET TO COME DOWN?
Louisville, Colorado was #1 on this list - and Superior, located just minutes from Louisville, was ranked #13! Denver's climate, once again, got very high rankings! With 300 days of sunshine, economic future of Denver definitely on the upturn, and the great outdoors activities families can enjoy many days per week.
If you read this, and want to know more about the Denver Metro area, please call me!
Wow, we made the national news again for our way of life here in the Denver Metro area - especially LOUISVILLE! CNN Money announced today, Louisville topped the list of 100 for Best Places to live.
Population of 18,800 and unemployment at 6%, Louisville is nestled along the Rockies with ice cream shops plentiful in this historical town. You can snag a burger at the Waterloo Cafe, there could be a Friday night street fair, beer gardens, live music and games for the kids to name a few things to do in Louisville. The TOP reason give this town the thumbs up --- The Great Outdoors! Louisville has 30 miles of trails, and the Rocky Mountain National Park is less than an hour away, 8 world-class ski resorts within two hours. The school district is highly rated as well. Along with dry, clear weather, little crime, good health care and low taxes, Louisville is a tough one to beat!
The economic future of this town has weathered, and industries are robust, such has high tech, energy and health care. This makes the county's unemployment amoung the lowest in the state.
The City of Superior (within minutes of Louisville) ranked #13 on this list of Best Places To Live.
Joan Cox, GRI,ABR,CRS,e-Pro Metro Brokers - Turning Point Real Estate, Inc. 720-231-6373 http://www.joancox.com
Colorado again makes news - #1 rebound city, now published in Forbes.com. Our homes closed each month increases, mostly due to our first time home buyers making a move with the $8000 tax credit promised after closing! 40% of sales in Denver are all first time home buyers!
State of Colorado's population has grown from 4.8 million in July 2007 to 4.9 million today. The preception of our economy, along with the weather (minus the tornadoes) and good place to raise children has been publicized all over the US.
If you are a first time home buyer with credit to be able to get into a home today --- WHAT ARE YOU WAITING FOR! There is $8000 waiting for YOU! This tax credit states you have to close by 12/1/09, which means somewhere mid October COULD be your last days.....
Denver made the list! On The Today Show 5/19/09, the real estate professional, Barbara Corcoran announced Denver was the NUMBER ONE City in the United States for rebounding in this housing crisis! What fabulous advertising for our beautiful City!
The weather, the economy and now the housing is ALL good news -- we are moving forward here in Denver! We still have short sales and foreclosures, but they are decreasing daily. There are neighborhoods actually showing value increases within the Denver Metro area. The days on market have decreased, and are actually getting some multiple offers once again.
Scam artists at it again! We as professionals in the business need to advice our first time hombuyers NOT to be tempted by any of this new stuff out on the web! Scam artists now professing they can get double and triple the $8000 and much faster, just need to send in a deposit...... homebuyer BEWARE!
When in doubt, check with your local tax preparer, and know ONLY the government rebates this $8000 tax credit, no other entity or company.
February and March 2009 looked very promising for our housing market in Denver! Sales were up in February and March 29%. The median price has increased 6.6% to $232,395. Average days on market for condos has decreased to 106 days, down 2.75% over a year ago. The condo sales for 2009 has boomed - primarily due to the $8000 tax credit paid to first time homebuyers. Metrolist has announced our inventory is very low in the $100,000-$200,000 market.
It was just printed in Forbes, Denver enjoyed a population growth from relocation families choosing Denver as their new home. In 2008, Denver experienced a 2.17% increase in population, where many other cities across the country experienced little to no population growth.
In PEW it listed Denver as the Number One City of choice if families had an opportunity to move. Our skiing, culture, vibrant nightlife, business opportunities and of course our weather brought many families to Denver.
With over 300+ days of sunshine each year, gives a great lifestyle for outdoor activities all year long!
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
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