Denver Real Estate and Home News

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Real Estate Broker/Owner - The Brian Petrelli Team - Metro Brokers - ER0027363
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.



While I've talked before about how many banks have improved approval times on short sales, things are far from perfect. Our team has sold many Denver short sales over the past few months, and on more than one occasion a buyer has walked away from the deal before the bank has approved a sale. Reas...
Some mixed news came out today regarding Denver Luxury Homes. According to a report in the Denver Business Journal, only 53 homes priced over $1 million sold in August, compared with August 2010. However, during that same period, the median sales price of $1 million + homes is up by 5.4 percent. ...
Our team currently has several homes for sale in Parker under contract right now and we've been showing Parker Foreclosures to other clients all month. There are a number of good deals out there and a tremendous deal that just hit the market in Stonegate. Stonegate Parker Homes  Stonegate Parker ...
August stats are out and we're seeing some more good news: August Denver Housing Stats     % Change vs   AUGUST 2011 Prior Month Year Ago Single Family (Res + Cond) Active 16,631 -5.41 -28.15 Pending 1,533 0.86 226.87 Under Contract 4,537 6.75 14.40 Sold 3,973 3.60 29.04 Avg DOM 99 -1.98 4.21 Avg...
We haven't seen too many Centennial foreclosures come on the market over the last few weeks. That's one reason we were so encouraged to see this new HUD listing pop up in Fox Hill Centennial Homes yesterday. Fox Hill is located in the eastern section of Centennial, just east of Quincy Reservoir. ...
We've had a lot of interest in Roxborough Homes for Sale over the past week. There are two HUD homes in the area that are on the market and our agents have been fielding calls about them. First of all, if you're unfamiliar with the Roxborough Homes area, it is located south of Chatfield State Par...
Some more good news on Colorado Foreclosures came out yesterday in the Denver Business journal. Citing a report from the Colorado Division of Housing, August was the 9th straight month that both filings and sales of Foreclosures were down compared to the same month last year. The article does go ...
Some good news and some bad news on Denver short sales. First the good news. Over the past year, we've seen most major banks drastically improve their response time and communication with regards to improving short sales. What used to take 6-9 months can now be done in 2-4. We have several metro ...
We've had a lot of interest in Lakewood foreclosures from our clients over the past month. Unfortunately, HUD hasn't had many available homes for sale in Lakewood come on the market, and those that have been listed have gone quickly. There are only a handful of Lakewood HUD homes available right ...
An interesting article in the Denver Post today regarding Denver homes and the real estate market. For months, we've been explaining to clients looking in certain areas and / or price ranges in the Denver metro area, that despite what they read in the news, the market is very tight and the best d...

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