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Denver County, CO Real Estate News

By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
The stats are out for the month of December, and the numbers reflect a slight increase in sales from November to December.   The inventory decreased from last month which is very typical this time of year. This data is courtesy of Joan Cox - House to Home, Inc. I track data daily for the Denver metro area, and the amount of price reductions have been hovering around 1200 each week (this number is twice the amount of new listings coming on) and homes returning to market have been around 150-200 per week.   The inventory this time of year is seasonally low, and is around 7300 during the week, and have seen it as high as 8855.    (includes land up to high-end homes) See what homes are currently available - Active Homes for sale in Denver Buyers - If you have thought about buying a home thi...
Comments 8
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
 The rates are bouncing around this past month, and has been a bit slower, which is very typical this time of year.  The stats are out for the month of November, and the numbers reflect this month's slowdown.  Inventory is up over last year, sales were up over last year, and there is an almost 5% increase in the value of homes.  Active Listings    10,007      +28.2% over last yearPending Listings    3,399     +22.0% over last yearNew Listings         3,076         +3.4% over last yearClosed Listings       3,370      +10.4% over last yearDays on Market       46           +21.1% over last yearMedian Closed Price     $670,600     +2.9% over last yearAverage Closed Price    $672,456     +4.9% over last yearPercent of closed Price to List Price - 98.6%      -.1% over last year We are seeing ...
Comments 10
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
In Colorado, texting while driving is prohibited, and you will receive a ticket if caught.   Effective January 1st - if you are found HOLDING your phone in your hand, you will get a $75.00 fine and two points on your license.   Whether you are making a call, looking for a song, or texting.   Even if you are stopped at a red light.There are still many accidents due to cell phone activity, and the State is hoping the accidents will decrease.
Comments 24
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
The newest "dog" has been added to the force, and it could be a game changer.  The newest member was a robotic "dog" named Spot will be used to identify and remove potentially hazardous materials. The robo-dog is assigned to the Denver Police Bomb Squad and will be used on an as-needed basis with SWAT responses in the Denver metro area.This robot walks on four legs, gets back up on its own when it falls over and can open doors and lift objects. It is remote-controlled and has cameras and lights to help move in dark spaces. So far, it cannot go up and down stairs quickly.This "dog" will not carry weapons, but will identify potential dangers to officers, keeping them at a safe distance.    The funding for this robo-dog was made possible by $328,000 in grants from the Urban Area Security I...
Comments 38
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
  The City of Denver will provide Denver residents with some grand entertainment on Saturday!  The 50th annual Parade of Lights will be held in downtown Denver with a 2-mile route for families to enjoy the lights and sounds of a Holiday parade.     Saturday night - 12/7 Parade will begin at 6 pm       You won’t want to miss the sparkling lights, marching bands, 40+ ornate floats, giant balloons and delightful characters including Major Waddles the Penguin and Santa, as they take to the streets of Downtown.  Spectator viewing for the Parade is free all along the two-mile route or purchase grandstand tickets for seating in front of the City & County Building.   The Parade will last approximately one hour. The weather is expected to be very mild, so not as important to bundle up the kiddos...
Comments 11
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
  Happy Thanksgiving!         Hope everyone enjoys a safe and peaceful day with friends and/or family.  Today I am grateful I can share an abundance of food on my table, have a roof over my head, enjoy a good real estate market, and am surrounded by friendship.      Thankful I will have a warm meal on the table, and don't have to travel far to enjoy this day! May your life be filled with good things to be thankful for as ours are filled with thankfulness for you. We tend to forget that happiness doesn't come as a result of getting something we don't have, but rather of recognizing and appreciating what we do have.      Frederick Keonig      
Comments 20
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
 This annual event brings authentic German and European holiday traditions to Denver! ​The Market opens every year on the Friday before Thanksgiving and lasts through the 23rd of December. The event offers an authentic German holiday experience, including opportunities to meet St. Nikolaus, Krampus, and the Christkind herself.  Guests can savor the season as they enjoy authentic Glühwein, Bavarian-style Biers, European coffee, or hot chocolate while wandering through the Market. Each charming wooden hut offers finely crafted artisan gifts and holiday treats sold by local Coloradan and international merchants. Guests are invited to enjoy live entertainment while snacking on Bavarian-style pretzels, fresh smoked salmon, or Goulasch with their family and friends.Also enjoy the Mile High Tr...
Comments 14
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
Golf magazine ranks golf courses around the United States, and 11/12/24 has released its list of the top 100 courses.They use a panel of design aficionados - 127 of them scattered across the globe.   Their handicaps range from +5 to 15.   There's a 52-year gap between their youngest and oldest panelists.  Some have teed it up at over 2,000 courses, others at merely several hundred.Here in Colorado, we are lucky to have two courses that ranked in the Top 100 -  #37 Ballyneal in Holyoke, CO  built in 2006#91  Cherry Hills in Cherry Hills Village built 1923 For those golf enthusiasts, here are the top 3 - #1 Pine Valley in Pine Valley NJ - built in 1918#2 Cypress Point in Pebble Beach CA - built in 1928#3 Shinnecock Hills in Southampton, NY - built in 1931   
Comments 22
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
 Colorado has already had a taste of winter weather this month, but some things still need to be done annually.  Homeowners should have already unhooked their hoses, as we have had a few nights below freezing.   Anytime we see overnight temperatures below freezing, this could damage the spigots. Here are a few items you should winterize  --  Fertilize lawn for its last feeding Check for drafts - use a candle around doors and windows Blow out sprinklers (may be too late) Check fire extinguisher Check all windows for broken seals and be sure they shut & lock Give the deck one last coat of sealer Inspect your roof for shingle damage, or call a roofer Clean rain gutters and downspouts Check around the foundation for any pipes/ducts coming from the house to see if there is additional caulkin...
Comments 14
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
In Denver, it has been a very mild Fall, and we have enjoyed several 70 and 80 degree days!   We have been 10-15 degrees above normal temps lately.This week we COULD see a flake or two in the City, and the mountains will see some much needed snow.   Wolf Creek has opened for skiing for the season, with only a 13" base.   The average day for the first day of measurable snowfall is October 18th.  We missed that date this year!For as many years as I can remember, it is usually cold for Halloween, and the kids have needed to wear some warmer clothes under their costumes.    This year it will be a 58 degree day, so not too bad. I like the mellow weather, and the snow can take it's sweet time coming to Denver! 
Comments 39
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
This past client ended up not moving out of state, which was her plan.  Sometimes those plans get derailed for one reason or another!    I was lucky enough to assist her with her purchase in the Denver metro area, and we did view homes in many parts of Denver and surrounding cities! This was the best one, in the best condition, and now she is the new owner!  Congratulations to my buyer, and look forward to visiting once she gets settled and see what she does with her decor.
Comments 22
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
 The rates decreased this past week, and we saw a flurry of activity in and around the Denver metro area with buyers securing their Dream Homes!   So good to see, as it has been a strange year with rates too high for most buyers.The state are out for the month of August, and the numbers reflect this strange year.   Inventory is up, sales were down, yet the value of homes continued to rise.We are seeing approximately 1/10 of the homes currently active go pending each week.   About 300 properties come back on the market each week, and this week (9/10/24) we saw around 1,800 price reductions.  Typically after Labor Day we see the market pick back up, but still not at the same pace we see in the Spring.   If the rates drop again (with the Fed announcement mid-September), we should continue ...
Comments 6
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
When a homeowner wants to list their home, they usually know what they want to list their home for.   I recently went on a listing appointment, and he is down the street from my client.    Because they did so much in their backyard, he automatically thought his home was worth much more.So much goes into the value of a home.On top of these points, it matters whether you are comparing to a similar style.  Ranch homes are usually worth more, as more buyers would prefer a ranch, no matter what their ages.    Do you back to open space?  Do you have mountain views, or a smidge of a view?   What is the lot size?   Land matters! Over my many years in the business, I have been to several classes with the instructor being an appraiser.   They have given us a basis of what values are depending on ...
Comments 16
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
Unfortunately, we are seeing many moving out of Colorado.   Our taxes and insurance (on homes and cars) are out of control!   Our property taxes are still not like they are on the East Coast, but rising so fast, that homeowners are having issues paying their mortgage payments.Although rates are still higher than they have been for the last several years, and inventory is plentiful, home values are still increasing.   They are increasing slower, but rising.I always ask a few questions, as the answer cannot be a "canned answer".   Each and every situation is depending on that family's situation.    So you plan to purchase in the new location?   Do you need a down payment, or have a savings you can use? I do recommend if you are moving out of state, contact a property manager to manage you...
Comments 13
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
I was so hoping after putting this home on the market, it would see a good offer BEFORE  I left for vacation.  Didn't happen, so my trusty colleague who diligently watched my business negotiated the contract and inspection issues before I returned.Yesterday, my seller closed on this home, and will be moving to Florida in about a week.    She wants to get closer to the ocean (and we don't have much water around here).We had a discussion yesterday, she bought the first home 23 years ago, and have been good friends ever since.   It was such a pleasure watching her family grow into wonderful adults (some are still teenagers).Wishing the seller the BEST in her next chapter of life, and hope to come & visit you someday!
Comments 11
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
After a flurry of showings, many buyers had interest, but this home needs a bit of work still, and many buyers did not have the funds to do these repairs/updates.   It took a special buyer, and that very buyer found this listing!It was unfortunate a severe hail storm happened right after going pending, and the roof needed replacing, but the Seller stepped up, and will be completed today! Congrats to my Seller and my colleague who did the negotiating of this contract while I was on vacation!
Comments 13
Remington Homes stands as a beacon of excellence in the Colorado homebuilding landscape, boasting over five decades of unparalleled expertise. Founded with a vision to redefine modern living, Remington Homes in Colorado has established itself as a trusted builder in the vibrant community of Painted Prairie. Their unwavering commitment to personalization and quality craftsmanship sets them apart, making them the go-to choice for discerning homebuyers.Building on Five Decades of Expertise: Remington Homes' Legacy in ColoradoWith a rich legacy spanning generations, Remington Homes brings a wealth of experience to every project they take on. Since the beginning, they've been leading the way in innovation, constantly raising the bar for excellence in homebuilding. Their deep roots in Colorad...
Comments 2
New Home Co., a renowned builder in Colorado, stands as a beacon of innovation in the realm of modern home construction. With its headquarters nestled in Irvine, California, this western regional powerhouse has recently expanded its footprint into the vibrant city of Denver by acquiring Epic Homes. This strategic move underscores New Home Co.'s commitment to pushing the boundaries of contemporary home design and construction excellence.Since its inception, New Home Co. in Colorado has garnered widespread acclaim, cementing its status as one of the nation's most awarded home construction companies. Notably, it was bestowed with the prestigious Builder of the Year accolade by Professional Builder in 2019, a testament to its unwavering dedication to craftsmanship and customer satisfaction....
Comments 2
By inboundREM Market Updates
(InboundREM)
Meritage Homes has long stood as a beacon of innovation and excellence in the Colorado real estate market. Recognized as the fifth largest home construction company in the United States based on 2023 record sales, Meritage Homes has been redefining residential living since 1985. With a steadfast commitment to building homes that are not only aesthetically pleasing but also environmentally responsible and energy-efficient, Meritage Homes Colorado has successfully delivered over 175,000 residences, transforming the dreams of numerous families into reality. In this article, we delve deep into the world of Meritage Homes in Colorado, exploring their legacy, designs, and the advanced technologies they employ to ensure each home is a sanctuary of comfort and sustainability.Meritage Homes' Leg...
Comments 2
By inboundREM Market Updates
(InboundREM)
KB Home has been a cornerstone in the American homebuilding industry for over six decades. Founded in 1957 by Eli Broad and Donald Kaufman, this company began its journey by crafting affordable slab houses aimed at first-time homebuyers. Today, KB Home extends its reach across 47 markets in nine states, continually adapting to meet the evolving needs of modern families. In Colorado, KB Home stands out not just for its history but for its innovative approach to creating homes that reflect the current lifestyles of its residents. The Painted Prairie community in Colorado is a prime example of how KB Home combines stylish, functional living with a commitment to customer satisfaction and environmental stewardship.As we delve deeper into what makes KB Home Colorado a preferred choice for man...
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