Valentine’s Day is tomorrow and if you want to show the one you love a good time for Valentine's Day, you may be a tad bit late if you were thinking of a romantic restaurant and dinner for two. Reservations are always needed on this busy day! Here are a couple other options you may want to try!
Carriage Rides
It is a bit chilly in Denver and you will need to sit close! There are warm blankets available also!
Luxury Home Sales - January 2012 - Denver Colorado
Sales of luxury homes in the Denver metro area over $1 million decreased in January over December by four sales. Inventory is down over December's active listings from 642 to 557 detached single family homes listed above $1,000,000. Of these active listings, two are short sales, and only one bank owned property is active.
Luxury Homes in the Denver metro area currently under contract are 63, a monumental increase over any month in 2011! Only one short sale and four bank owned properties are showing under contract.
Of the 25 sold properties that sold in January 2012, three were short sales, one was bank owned, four were new construction sales and 17 regular sales. 24% or 6 of these sales were paid for with CASH, interestingly enough, there was one owner carry, which I have not seen for years. The remainder of these sales were purchased with conventional loans.
Here are the sales by City within the Denver metro area -
The highest sale in Denver for the month of January 2012 was in Denver proper sold for $2,562,500 which was a Tuscan custom home with 4 bedrooms, 8 bathrooms and a 3 car garage and 7,050 finished square feet in the heart of Cherry Creek.
The largest home sold with the most square footage sold in Cherry Hills Village for $2,162,500 and sported 9,675 square feet finished - 4 bedrooms, 6 bathrooms and a 3 car garage.
The smallest home sold with the least amount of square footage sold in Denver for $1,020,000 and had 3,642 finished square feet and had 4 bedrooms, 4 bathrooms and only a 2 car garage.
I have been tracking statistics for the last few months showing luxury market sales and find they are holding strong in the Denver metro area. With 68 currently under contract, the statistics for February will be fantastic!
If you are looking to buy or sell a luxury home in the Denver metro area, please give me a call!
Sorrel Ranch - New Construction ready in March - Aurora CO
Lennar Jefferson model available in Sorrel Ranch in Aurora CO in March 2012! This home features 1,849 finished square feet and another 963 in the unfinished walk-out basement. There are 4 bedrooms, with one true bedroom being on the main level with a full bath if you have anyone unable to do stairs.
Lennar has EVERYTHING INCLUDED, with all the stainless steel appliances, granite counter tops, A/C, window coverings, fencing, professional landscaping, sprinklers and home automation!
Stunning Ranch - New Construction @ Beacon Point - Aurora CO 80016
Lennar has a Monarch model available in Beacon Point (Aurora CO) for those who desire single story living at its finest! The Monarch is a very open floor plan with a massive great room, a gourmet kitchen fit for the best chef, and a master bedroom with access to the trex deck. You could enjoy your morning coffee on the deck and watch the sunrise!
There is a garden level basement with loads of natural light flooding into the basement. A home automation package does come with this home, and you will see all the upgrades Lennar includes in their homes! LISTED FOR $454,400!
Take advantage of the low interest rates, and this READY TO MOVE IN HOME today!
Denver is experiencing the largest snowfall of the year (so far) and is a good day to stay home if you are able. All school districts were closed today, and many businesses are closed.
Sad to say, our mountains that NEED this snowfall is not getting the benefit of this storm. However, there are many accidents all over town, and hope drivers have the essentials needed to make it home safely.
~ Water ~ Snacks ~ Blanket ~ Full tank of gas ~ Gloves, hat and warm clothing
This time of year if you get into a traffic jam, and unable to move for long periods of time, it is not uncommon for some to run out of gas. BE PREPARED!
Today is a day we are to wear RED for heart health, so if you have any heart conditions, find someone in your neighborhood to shovel or use the snow blower for you.
For those that have not seen snow, not experienced this beauty, I have done a short video to show you how beautiful and peaceful a snowfall can be!
In the last few months, buyers looking for Denver real estate have noticed the limited inventory available, and in some cases seeing multiple offers. Showing homes on the weekends, Realtors are experiencing overlapping appointments with other Realtors and their clients. Showings set for homes in the Denver Metro area have doubled from the previous year on Fridays, Saturdays and Sundays, but our inventory has increased minimally.
When the supply of active Denver home listings become limited, and the demand increases, we surely will see some pricing increases in the next few months. With multiple bidding being prevalent, the need to know where the home will appraise is very important. If the home does not appraise at contract value, and the buyer is obtaining a loan, the dollars offered in the contract over the appraised value will need to be added to the dollars needed for closing.
Example - Last weekend I showed a property new on the market one day --- 15 showings first day, 7 the next, and 4 offers were received. This home was absolutely turnkey, great location, AND $15,000 higher than any other comparable sold property in the development.
With the market changing, we as Realtors have to be sure our buyers and sellers are aware of these facts! Working full time in this industry is very helpful to see the changes happening, and to be able to relay this pertinent information to buyers and sellers!
Real estate is local, it is important to know all markets are not the same!
I have 15 years of experience working with buyers and sellers working full time in the Denver metro area. My involvement within my Realtor community keeps me abreast of local governmental changes and the current industry trends.
The Town of Parker is Southeast of Denver approximately 30 miles. It is a quaint town that is commonly called a bedroom community. It has the small town feel, yet has lots to offer. The Town of Parker is approximately 20 square miles.
Like Denver, Parkerreal estate is very low in inventory and difficult to find a non-distressed home for a family that is under $200,000. Currently there are 150 under contract and 61 pending. Here are the numbers for the Month of December 2011:
Here are the numbers since May of 2011, which shows strong market activity for December!
Homes in the Town of Parker feed into the Douglas County Schools, there is a hospital, and several boutique shops as well as some large box stores. I believe this hot market will continue as we are now seeing many multiple offer situations, especially in the price range of $300,000 and less.
Real estate is local, if you would like more information on a specific neighborhood or your value of your home, please give me a call.
Support our Wounded Warriors and Attend a Gala in Denver
A pre-Valentine's Day Gala will be held to support our Wounded Warriors Impacting Neighbors. Many of our military men and women come home with injuries that impact the way they live day to day. Many need special housing, ADA compliant spaces and fund raisers are needed to help these special men and women transition into a daily life style.
WWIN Gala February 4, 2012
5 pm to 6 pm Cocktail Hour 6:00 Dinner & Program
Speaker - Col. Daniel Dant, 460 Space Wing Commander U.S. Army Jazz Band ~ Hosted Wine-Beer Bar ~ Silent Auction
Dress - Business Casual
Held at Wings Over the Rockies - 7711 E. Academy Blvd, Denver, CO 80230
A silent auction will be held, participants will enjoy the aviation display the museum has to offer. These dollars raised will contribute to placing injured veterans in roles that will enhance their sense of worth, within the famly, the workplace and into society.
Wounded Warriors Impacting Neighbors (WWIN) is a nonprofit, Denver-based organization that assists injured, post-9/11 veterans of the U.S. military services.
Windsor Gardens - 55+ Active Adult Community - Denver, CO
Windsor Gardens is a 55+ Active Adult Complex that offers lots to do whether you have retired or not. There are 3500 current residents and some are still employed.
The Denver real estate market is very active with buyers looking for a deal or the ability to attain sweat equity. A bank foreclosure is different than a short sale, many times we get an answer within a week! If the property is in a prime location, and in good condition, you will expect to have multiple offers! Some banks are doing improvements and they show pretty well!
In the last couple of months, the median days on market for a bank foreclosure is 62 days and the banks have seen 88.15% of list price!
Some banks will pay closing costs, and very helpful for those first time home buyers!
Here are the results for a few cities in the South side of Denver and ONLY single detached homes. If you have a different city in mind, or a multi-family property, please give me a call!
Ask about the possibility for a 203 Rehab loan for some repairs!
Some banks do not offer FHA financing, and some are CASH only!
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.