Monday, February 27, 2012

A HUGE shift in the market is happening ...

One year ago the number of closed transactions (DEMAND) was down 6.4% and the number of active listings (SUPPLY) was up 5.2% over the prior year in metro Denver.

But the story is different this year! Demand is up and supply has dropped!
For January 2012 the number of closed, single-family transactions is up 15.6% and the number of active listings is down 39.1%. The supply of available properties has steadily declined over the last 12 months and the demand is now ticking upward. While it is too early to call the increase in demand a trend it is a clear shift from the previous year.

We see the same pattern for multi-family properties (condos and town homes) with the demand up 10.4% and supply down 50%.

The decreased inventory of available homes is enough to put upward pressure on property values and if demand continues to increase, the market should see measurable increases in value in the not-too-distant future. We shall see what the coming months bring as we move into the “buying season.”

Let me know if you would like to discuss the dynamics of the real estate market where you live.

Multi Family Stats

Multi Family


A HUGE shift in the market is happening ...

Thursday, January 26, 2012

Denver Restaurant Week 2012 - 2 meals for $52.80

Mark your calendars for Denver Restaurant Week – which is over the period February 25 – March 2012.

This is a two-week celebration of the culinary scene in Denver. Participating restaurants will offer a multi-course dinner for the fixed price of $52.80 for two, or $26.40 for one (not including tax or gratuity).

Restaurants included are Elway’s, Earl’s, Denver Chop House, and PF Changs

For more information, CLICK HERE


Denver Restaurant Week 2012 - 2 meals for $52.80

Saturday, January 7, 2012

Rents are rising, now is the time to buy an Investment property in Denver

Now is a perfect time to buy an investment property to Buy and Hold, as the statistics show below. If you would like to learn more about buying an Investment property, please come to a FREE INVESTORS CLASS on Wednesday 1st February at 6pm. Contact me for more information julier@coloradohomerealty.com

Rents in Denver rose by 6.7 percent in 2011, the eighth largest annual rent increase percentage in the nation according to a report issued Thursday by the Texas-based MPF Research. The report on the Denver rental market predicted that rental prices would rise by at least 6.5 percent.

Rent increases have occurred all over the Denver Metro area. In the Denver Tech Center area reached 8.6 percent, 7.5 percent in Littleton, 7.0 percent in south Aurora, 6.9 percent in intown Denver, 6.8 percent in south Denver and west Englewood and 6.8 percent in north Aurora. Only Westminster and Arvada/Golden posted rent price increases below 3.0 percent.

From March to September, rent increased in Denver by 5.6 percent and overall, the rent increase percentage in Denver was the largest of the past decade outside of 2007.

MFP Research said the rental market in Denver and other metro area should continue to increase in 2012 and predicted that occupancy will grow by another half a percentage point and rents will rise by at least 4.5 percent.



Rents are rising, now is the time to buy an Investment property in Denver

Monday, January 2, 2012

Fixer Upper in Highlands Ranch

This is a new fixer upper new on the market in Highlands Ranch. Bidding ends soon!!!

A similar property sold for $300k. This is currently $70k under that but some fix ups sold for less, so it could be picked up for less than that??

Ask me for more information and the solds in the area.

TO VIEW FORECLOSURES FOR SALE IN HIGHLANDS RANCH, CLICK HERE



Fixer Upper in Highlands Ranch

Thursday, December 15, 2011

Cherry Hills Village Real Estate

Cherry Hills Village is located between downtown Denver and the Denver Technological Center. It maintains a rural atmosphere and high quality of life in the city. There are no commercial areas in Cherry Hills Village.

Golf and Recreation
The Cherry Creek Country Club includes a golf course that has been the site of three US Opens and two PGA championships. There is also the Glenmoor country club

Recreational facilities, including tennis and swimming clubs, abound in the area.

Shopping
The Cherry Creek Mall offers upscale shopping for the area.

Homes in Cherry Hills

Distinct neighborhoods within the community include Cherry Hills North, a friendly neighborhood of only 148 homes on one-third to half-acre sites; Old Country Club, with homes built by the first village residents; Cherry Hills Farms, with one-acre sites and magnificent abodes; Glenmoor, which attracts buyers to its elegant golf setting; Charlou, appealing to new custom home buyers; Covington, an elegant neighborhood of only 42 homes; Cherry Hills Park, with splendid estates, many with European-style gardens and water fountains, overlooking Cherry Hills Golf Course; Sunset Drive, whose magnificent estates could grace the covers of architectural design magazines; and the newer Buell Mansion, an exclusive, prestigious neighborhood on a private reserve with 110 stunning custom estates on one-half to 2 1/2-acre sites, at the center of which is the historic Buell Mansion, which now serves as a center for residents to enjoy.

Here are a selection of Homes for Sale in Cherry Hills Village. To get instant access to the entire set of criteria and search fields in the Denver MLS, create your FREE and COMPLIMENTARYaccount now!

How to Buy a Short Sale Property in Denver

Are you thinking of Buying a Short Sale home in Denver? Click the video below to find out what to expect. Click here to view Short Sale Homes

Thursday, December 1, 2011

How to Buy a Bank Owned Property

Are you looking to buy a foreclosure home in Denver? What is the current market doing? Click the video below. For a FREE foreclosure list, click here







Julie Reddington
Realtor, ABR


Tel: (720) 226-4168 | Fax: (303) 784-0618
TheHouseHunterDenver@gmail.com | www.JulieReddingtonRealEstate.com

Key Masters Real Estate - Metro Brokers


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