denver colorado real estate: Cherry Creek-One of Denver’s Most Affluent Areas
- 09/13/13 01:00 AM
If you are looking to live in one of the most affluent areas in Denver, then Cherry Creek is the perfect place for you to call home. Denver's Cherry Creek residents enjoy a wide variety of homes on tree-lined streets with different appeals for any lifestyle. Here, you'll find townhomes with little yard work, quaint cottages, and large estates with magnificent mountain views. The community is anchored by an upscale shopping center and residents have an easy commute to downtown Denver. Cherry Creek consists of single family homes, condos and townhomes. These luxury estates range from $500,000 to $2 million.
Cherry … (1 comments)
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denver colorado real estate: DENVER REAL ESTATE MARKET UPDATE - JANUARY 2012
- 01/19/12 03:20 AM
Market Metrics:
The name of the game as we enter 2012 is INVENTORY! Take a look at these numbers for 2011, and you will see many categories were very similar to 2010, but the inventory numbers are the first signs of the changing market!
Active Listings inventory continues to decline 13% month over month and 40% year over year. Under Contract activity and Closed Transactions activity remain at seasonal levels with a continual decline month over month. The New Year starts with renewed hope that 2012 will be better than 2011 and the indicators are pointing that … (0 comments)
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denver colorado real estate: Finding Green Homes in Denver is About to Become Easier
- 09/18/10 09:53 AM
The Colorado Governor's Energy Office (GEO) has announced an exciting new addition to Denver home listings. Information about homes for sale, which usually includes square footage, number of rooms, and other essential factors, will soon include a “green” category. As the nation moves toward greater energy efficiency in both homes and workplaces, the GEO notes that, “Homes that save energy, or produce their own, need to be recognized for the value they provide the owner through utility bill savings and greater comfort.”
Both listings and appraisals will include the green specification. This means that if a home has energy-saving features, such … (0 comments)
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denver colorado real estate: FHA Throws a Lifesaver to Underwater Homeowners in Denver
- 09/13/10 07:03 AM
Last Tuesday, a new lifeline was thrown by the federal government to Denver homeowners. In an effort to help those who owe more on their properties than the homes are actually worth, the Federal Housing Administration is allowing lenders to offer these borrowers new, refinanced loans backed by the government. Participating lenders will be required to forgive at least 10% of the original mortgage amount, thereby giving a greater number of responsible borrowers the opportunity to remain in their homes.
The new program reflects a new approach by the Obama administration to address the foreclosure crisis, which, at first, … (0 comments)
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denver colorado real estate: Owning a Home in Denver is a Better Bet Than Renting
- 09/04/10 04:47 AM
The news this summer has been a bit daunting for potential Denver home buyers, and buying a home may seem like an act of willful optimism. As the US housing market struggles to regain a strong foothold in the economy, a basic shift is underway in consumer thinking. The era of viewing home ownership as an investment is fading, and home buyers are beginning to view their purchase with a new eye.
The idea of housing as an investment began after World War II, when returning soldiers – and their desire to settle down – created a construction boom. … (3 comments)
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denver colorado real estate: Denver's Housing Market Is Faring Best Among Other US Cities
- 01/11/10 03:28 AM
Denver-area home prices fared the best in a survey of 20 cities that was released December 29, 2009. Home prices in Denver fell only 0.1 percent in October compared to a year ago. From September to October in 2009, Denver prices decreased by 0.4 percent, which represented a two month dip following a rise in home prices the six months previous. All of this slight rising and dropping indicates a relatively flat local market, which is good news amid a national economy that is largely struggling - but getting back on its feet, nonetheless. Many housing markets in the US are … (2 comments)
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denver colorado real estate: New Tax Credit – A Needed Incentive for Denver Homes in Higher Price Ranges
- 12/03/09 08:12 AM
The first time home buyer's tax credit in effect for much of 2009 effectively stimulated home buying in Denver and the rest of the country, even though only 6% of first time buyers said the credit was the definitive thing that encouraged them to purchase. According to a recent National Association of Realtors (NAR) survey, housing prices and interest rates were cited as more powerful factors, but along with the credit, the combination was irresistible to many buyers. What happened in many areas was the stimulus to housing was uneven, so lower priced homes have depleted inventories, while more costly ones … (0 comments)
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denver colorado real estate: Beware Falling Into a Money Pit When You Buy Your Denver Home
- 11/21/09 02:14 PM
Has the new and improved tax credit sparked your interest in buying a home? Between the credit, the interest rates, and the pricing, the Denver home buying scene has been lively these days. Sellers finally have some incentives to put their homes on the market, plus we're seeing renewed buyer demand for the smaller, less expensive type of home often popular among first timers. Sellers are realizing that even if they cannot ask what they would like to ask for their homes, they will benefit from lower pricing on their next home while realizing a $6,500 tax credit themselves. And the … (2 comments)
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denver colorado real estate: Denver Real Estate - Monthly Market Update – Nov. 2009
- 11/17/09 11:18 AM
THIS REAL ESTATE SUMMARY WILL POSITION YOU TO MAKE THE BEST EDUCATED DECISION YOUR REAL REGARDING ESTATE FINANCIAL PLAN.
October was the first month to out-perform the previous years sold date in 3 YEARS with a 10.98% increase! There are a couple of very good reasons for this positive change in the Denver real estate market.
1. Last October the financial world was in major disarray and
2. The First Time Home Buyers Tax Credit worked in 2009.
November's single family home active listing inventory is down to 15,076, from 18,331 one year ago. The number of active listings for … (0 comments)
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denver colorado real estate: State Programs Can Help You Buy Your Denver, Colorado Home
- 11/08/09 12:44 AM
The Federal first time home buyer's tax credit has gotten lot of attention this year, but states like Colorado have incentives out there for new homeowners as well. . At this time, the $8,000 credit has been extended until next April and expanded to include current home buyers, but the state programs for Denver home buyers can often be used in conjunction with the U.S. government program. Not all of the programs are confined to first time buyers.
First, Colorado through the Colorado Housing and Finance Authority (CHFA), offers fixed rate 30 year loans at market rates to homeowners on first … (0 comments)
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denver colorado real estate: It’s Official – Home Buyer Tax Credit Extended and Expanded for Denver Buyers
- 11/06/09 06:25 AM
Denver home buyers as well as the Realtors who would love to represent you are delighted that the $8,000 homebuyer's tax credit has both been extended until April 30, 2010 PLUS has been expanded to include repeat buyers. Current homeowners can qualify for up to $6,500. The maximum home value is $800,000.
For first time home buyers, this is particularly great news if you've been looking at homes and maybe even found one, only to realize that you won't get the deal done by November 30, the old deadline. (If you have a deal in progress, the needed completion date now … (0 comments)
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denver colorado real estate: What’s the Walkability Score for your Denver Home?
- 10/22/09 03:30 PM
Who would have thought that the nearness of your Denver home to grocery stores, schools, and parks would make your home more valuable? In this "green" conscious age, "walkability" is an asset as it reduces the dependence on cars, impacts global warming, and promotes healthy living. According to a recent study of 94,000 real estate transactions in 15 U.S. cities, homes in close proximity to social and shopping amenities sold for $3,000 - $34,000 more.
The study, Walking the Walk: How Walkability Raises Housing Values in U.S. Cities, conducted by CEOs for Cities, used the Walk Score concept developed by Sightline Industry, … (1 comments)
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denver colorado real estate: Denver Market Statistics Indicate Market Recovery
- 10/20/09 05:02 AM
The beauty of the area alone might compel you to buy a home in greater Denver, but recent market statistics underscore that you will be making a sound investment as well as getting a great view! Denver real estate has generally fared better than it has elsewhere over the last year or so, but a number of signs in the market indicate sustainable economic recovery.
•· Housing inventory is falling. In fact, the current active single family and condominium inventory of 20,850 is the lowest October inventory in more than 5 years. This inventory drop is a good sign that the … (0 comments)
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denver colorado real estate: Transferred? Relocate to Parker, CO
- 09/24/09 10:09 AM
If you are a professional considering a transfer to Colorado, why not aim to make your destination Parker, CO,, the city named #4 on the Forbes Magazine list of Top 25 places to move? If you come from out of state, you won't be alone, as 60% of its residents were born out of state or abroad. Parker, a town of about 40,000 people, is a great place to live.
Interestingly, Forbes did not award its placement in the Top 25 based on the usual criteria of income, housing prices, population growth, or school enrollments. What factored in was having … (0 comments)
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denver colorado real estate: Upgrade the Windows in Your Denver Home for Energy and Tax Credit Savings
- 08/06/09 12:03 PM
When you pay your heating bill, the last thing you want to do is waste money. The government doesn't want to you to waste energy either, so they are saying, "Don't throw your money out the window - buy new windows instead!"
Thanks to the Obama Stimulus Bill, Denver homeowners can now receive energy credits of 30%, with a cap of $1,500, for installing more energy efficient windows and doors. This credit, good through 2010, improves on a popular credit in effect in 2006-2007 by expanding the amount. Besides windows and doors, the credit also covers insulation, water heaters, roofs, air … (0 comments)
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denver colorado real estate: Age Restricted, Active Adult Retirement Communities in Denver, CO
- 07/21/09 02:47 PM
Given that the average lifespan for Americans is 78, aging does not mean that life after retirement means racking up endless hours in a rocking chair. People want to stay active and enjoy traveling, sports, social activities, and other pursuits as long as they can. While they may still want the financial benefits of home ownership, they may not want the responsibilities of lawn care, the hazards of steps, or the burden of space. As they find their health slipping a bit, they want to be in a place that can comfortably accommodate change, with transportation options.
Within the … (0 comments)
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denver colorado real estate: Transit-Oriented Developments Provide a Greener Housing Option in Denver
- 07/06/09 03:25 PM
Becoming greener and staying that way is public policy in Denver, Colorado. Blueprint Denver, the city's plan for future development, envisions an inviting urban center with plenty of green space, less reliance on cars, and housing planned in tandem with public transit.
What will pull the city plan together is the FasTracks project, a $4.7 billion plan that includes 119 miles of light rail and commuter rail, 18 miles of bus rapid transit service, 21,000 new parking spots at transit stations, and expanded bus service. Approved by voters in seven counties in 2004, the FasTracks Plan will develop new stations … (0 comments)
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denver colorado real estate: Denver Housing Market Leads Rising Consumer Confidence
- 06/13/09 11:21 AM
You've gotten pre-approved for a home loan, you have a stable job, you have enough money in the bank for a down payment and closing costs, and you have figured your budget a million times to make sure you can afford it. Still, you wonder if this is a good time to buy a home in Denver. Every time you hear something positive about the economy, there's always a naysayer who says "What if...."
Recent facts indicate that the economy is picking up, with consumer confidence along with it. Of the 10 indicators tracked by the Metro Denver Economic Development Corporation … (0 comments)
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denver colorado real estate: Staging Will Let Your Denver Home Talk for Itself
- 06/10/09 05:54 AM
When you buy a Denver home of your own, one thing that comes with the keys is the right to change it to reflect your personality, your decorating preferences, and your needs. When it's time to sell it - if you really want to give those keys to the next owner in a timely manner - you need to bring the home back to a neutral, model-home state through a process known as staging.
Professional stagers make their money by transforming your home to a place that buyers can see as "their" home. Stagers know that purchasing a home is not … (0 comments)
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denver colorado real estate: Denver Poised to Recover First from Real Estate Slump
- 06/03/09 02:30 PM
If you scan the real estate headlines about the Denver housing market, it's confusing enough to make you want to stay glued to ESPN. You hear it's a buyer's market. The clues are that prices have been dropping and there are plenty of homes to choose from. After all, the lower the prices, the better deal you'll get. But we're now seeing prices start to firm up, especially in the lower priced entry level segment. We're even seeing multiple offers on many of these homes. The word is out - now is the time to buy if at all possible.
Just … (4 comments)
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If you are looking to live in one of the most affluent areas in Denver, then Cherry Creek is the perfect place for you to call home. Denver's Cherry Creek residents enjoy a wide variety of homes on tree-lined streets with different appeals for any lifestyle. Here, you'll find townhomes with little yard work, quaint cottages, and large estates with magnificent mountain views. The community is anchored by an upscale shopping center and residents have an easy commute to downtown Denver. Cherry Creek consists of single family homes, condos and townhomes. These luxury estates range from $500,000 to $2 million.
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