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denver real estate: Let's See How the Trickle-Up Stimulation Is Doing in 2010 - 06/24/09 10:03 AM
In the past 30 days, the following has happened to my buyers and listings:
- One buyer lost out on two houses because of multiple offers on houses in Wheat Ridge, a western suburban off-shoot of the Denver metroplex. He finally found a house that had been on the market less than two weeks because it needs a bunch of cosmetic work. Price point: $230-250k.
- One buyer lost out on two houses in Denver proper because the houses both had offers the first days they were on the market. She was able to secure one because she agreed to a … (6 comments)
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denver real estate: And They Wonder Why We Don't Buy Newspapers - 04/30/09 09:37 AM
My Firefox opens to The Denver Post's home page - kind of my nod to the news since I cancelled my hard copy subscription years ago. I don't need it for sports, since I have that in my ear on the radio, nor do I use it for the weather (what's more unreliable than the TV weatherman?... what the TV weatherman writes for the paper!). It's more to get a snapshot of the world at a given moment. The Web allows "newspapers" to become organic beings. Good for the end-user, if done properly.
Unless, of course, you want to start your … (16 comments)
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denver real estate: Metro Denver foreclosures drop 46 percent? Clear the beach! - 04/23/09 12:53 PM
This article came through The Denver Post this morning regarding a 46% percent drop in foreclosure notices in Q1 of 2009 over that same period in 2008.
Check it out here.
It says that while metro Denver has eased considerably, national activity has risen 23% and notorious foreclosure hot spots like Las Vegas have doubled from 2008.
I'm happy for headlines that have "foreclosures" and "drop" in them, but I'm thinking of a tsunami right now. As in, you're lying on the beach soaking up some rays and all of a sudden you watch the waterline suck back into the … (5 comments)
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denver real estate: Karl's Season Shift Theory revisited - 04/17/09 11:01 AM
There is a message here, bear with me... I cancelled my buyer appointments today as you will soon find out why.
I do miss these days. It reminds me of Chicago and why I love that city but will never go back. Currently, central Denver is getting pounded mercilessly by a sleet/snow mixture that should let up sometime next week. Last night it rained because it was too warm to snow, but now it's sticking. Denver is an odd town weather-wise. I read in USA Today how Denver gets backloaded with all of its snow in March and April,
… (6 comments)
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denver real estate: Sales Stats For Denver's Driving Park Historic District neighborhood (2008) - 04/13/09 03:51 PM
Since my last look into our neighborhood's sales performance (2007-2008), I was able to conclude that while the rest of the world seemed to be drowning in sorrow, Driving Park Historic District was decidedly middle-of-the-road sales wise. I'll take normal over recession any day of the week, but that's pretty where we've been for the past 6 months, and that's where we appear to be right now, even after a few distressed sales.
Based on the latest sales data from Metrolist Inc., Denver, as a whole, has about 6 months worth of inventory currently for sale. What does 6 months of … (5 comments)
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denver real estate: Hero 101: save your clients from parking tickets! - 03/18/09 09:58 PM
Now, I'm not going to teach you how to get out of parking tickets. I'm going to help you save your clients a mountain of frustration when they approach their car in the morning and find a nice little present accompanied by a bitter yellow envelope tucked under the wiper blade.
Let me set this up for you: I grew up in downtown Chicago before moving to central Denver 10 years ago. A lot changed between the two cities: most notably the weather and severe drop-off in good Thai restaurants, but there's one thing about city living that followed me from … (7 comments)
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denver real estate: Denver's Driving Park Historic District still keeping the mob at bay - 03/05/09 12:37 PM
If you want only good news about home sales these days, stop reading at the end of this paragraph. Driving Park Historic District average sales prices skyrocketed 20% from 2007-2008!
But you know there'll be a catch.
Read the rest at my company blog or Denver Real Estate and Beyond!
… (5 comments)
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denver real estate: Secret's Out - Denver is the place to be!! - 01/30/09 11:53 AM
Two schools of thought on finding out that Denver was named the \top city to live in by the Pew Research Center:
Keep it to yourself! Despite our seven-year highway widening project, there are too many cars (and way too many bad drivers) and not enough places to put them. Besides, if half of the people that move here ski, we'll be looking at 4-hour drives to cover the 90 miles from Vail back to Denver. Y'all were going to find out sooner or later, so give me a call when your clients pack up the truck for Rocky Mountain High! … (12 comments)
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denver real estate: The Official Karl Lueders Super Bowl Prediction Jan., 28, 2009 - 01/28/09 04:34 PM
You heard it here first: Unless a Steeler superstar is arrested/found in Mexico/passes out the night before the Super Bowl and misses the game, Pittsburgh will win 27-17 (next best guess 26-17).
The game will be close until the end of the game when Arizona turns the ball over which is returned for a late Pittsburgh TD.
Let's hear it.
… (5 comments)
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denver real estate: Feedback BS: Don't ask for feedback you don't want! - 01/14/09 02:22 PM
Having not been in this business very long, I was at odds with feedback right out of the gate. I was trained to ask for feedback as a listing agent (“going above and beyond!”), but never quite understood the value when I was asked for feedback as a buyer’s agent, because I heard what was coming out of my mouth when asked for it: “No, my client isn’t interested… Why?... Because of a, b and c... No, they wouldn’t be interested if you corrected a, b and c... Because you asked… And the price is too high. Good luck.”
I think … (35 comments)
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denver real estate: The truth no seller wants to hear - 12/02/08 03:17 PM
Perhaps we never stop to think about it much, but did you ever notice what an odd couple (or couples) that the buyers and sellers of a specific house really are? Seriously, if it were up to sellers (preaching to the choir here) neighborhood demographics would never change. "Well, I think this is a perfect house for a couple with young kids because that's us; oh, and it has to be a family that eats out a lot, like us, because our kitchen is tiny and the stove doesn't really work." That's the polite way of saying, "If we think our … (8 comments)
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denver real estate: Selling Your Home From the Driver's Seat (2009 edition) - 12/01/08 01:09 PM
This post is reprised from my entry earlier this summer, but it's been slightly remixed for 2009 and beyond. A couple of things to keep in mind when you read this: Denver's inventory of houses have continued to decline, although the sales rate has not proportionally increased. Also, the million-dollar housing market in metro Denver is in suspended isolation, although indicators from the lower-end markets show promise across the board. If you need any indication, I have a $250,000 buyer right now who just lost a bidding war on a house in central Denver and couldn't even get another offer in … (4 comments)
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denver real estate: Why do we have a housing crisis? - 10/23/08 02:13 PM
You think you know why the housing crisis began? Well, you probably know some of the more publicized lowlights, but chances are you don’t know the whole sordid tale.
The link below has the WHOLE story.
It will take you to an episode of This American Life, a weekly radio show that sent two reporters out to follow the trail of why banks were handing out $500,000 loans to people who clearly had no business signing up for them. The show lasts about an hour and I guarantee you will be enlightened by what you hear.
The show is called The … (11 comments)
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denver real estate: Summer's Over - Phillies in 4 - 10/22/08 08:29 PM
Just a quick note that while I'm neither a Phillies or Rays fan, I'd like to see the Phillies win the World Series - quickly - for two reasons:
Their fans need it... bad. We can finally put a fork in this summer, and start thinking optimistically about 2009.
Karl Lueders is a broker with The Kentwood Company at Cherry Creek in Denver, CO (also a Cubs fan). He can be reached at Karl Sells Denver or 720-971-8267. You can also read his Denver Real Estate and Beyond blog.
… (6 comments)
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denver real estate: You're the only one that loves your house - 10/22/08 07:42 PM
Perhaps you've never stopped to think about this before, but about the only thing in common a buyer and seller have is the property waiting to be sold.
Denver buyers, as it is anywhere, have goals to reach when buying a house, as do sellers, and rarely does either set have much to do with the other. Today's housing climate doesn't do much to ease the stress points of a real estate transaction either. Even in the best of markets, buyers don't want to spend more than they should on a house, whether it be keeping the monthly payments low or … (5 comments)
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Karl Lueders - Denver Realtor
Denver,
CO
More about me…
Realtor w/The Kentwood Company at Cherry Creek
Address: The Kentwood Company at Cherry Creek, 44 Cook St. #900, Denver, CO, 80206
Office Phone: (303) 331-1400
Cell Phone: (720) 971-8267
Email Me
Wisdom is a two-way street. However, I'm opening more inbound lanes.
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