1514 Meyerwood | “The Ridge” at Weatherstone | Highlands Ranch, CO 80129

Incredible Opportunity in Weatherstone! This fabulous home sits on a huge, quiet lot with plenty of parking, room for outdoor fun and entertainment! Complete with pond and waterfall, finished basement with wet bar and full-size wine cellar, this is a must see! Priced to offer the BEST opportunity to own in this prestigious neighborhood…

Littleton Real Estate Market Report

The Littleton Real Estate Market Report for October shows great signs of continued improvement.  The real estate data for the month is up significantly in the average sold price with just under 15% gain from last year!

Taking a look at the year to date figures, we can see that the homes under contract and sold are both up over 30% while the days on market have slid down just about 30% as well.  Wonderful news for the sellers in the Littleton real estate market.  Buyers will need to compete for the few listings available in today’s market.  Inventory levels are down and active listings in Littleton are down just about 42% from the same time last year.

The good news for buyers is the continued low interest rates.  With mortgage rates this low, it makes it easier to qualify and of course, your money can go a lot further each month with less to pay towards interest.

Overall, Littleton is in a seller’s real estate market.  With low inventory and rising values, I think we have seen the bottom of the market come and go already.  Get ready for a great 2013.

If you would like help selling or purchasing a home or investment in Littleton, please get in touch.  I would love to talk.

Littleton real estate market data

Highlands Ranch Real Estate Market Update October 2012

Denver Real Estate Report &  Trends – Highlands Ranch

Let’s take a look at the Highlands Ranch real estate market update for October.  I live in Highlands Ranch so I’m happy with the trend for the market.  But, I also work a lot here and as you can see with the amount of active inventory from this month last year, way down.  I’ll take it though.  I also think the market activity early next year and into spring may explode here in the ranch.

To begin, active home listings are down an incredible 44.5%.  Almost half.  It’s been this way for awhile now so I think a lot of folks have been sitting tight while the market recovers a bit and that’s not a bad plan.  Let’s shift to the year to date.  You can see the homes under contract and sold are way up.  Big demand, little inventory coupled with historically low mortgage interest rates.  It is a seller’s market.  Days on market are down just over 30% and average values are up almost 4%.  The real estate market has turned around here in Highlands Ranch.  Actually, it has moved this way for awhile now and I expect even more improvement next year.

If you are a seller or buyer in Highlands Ranch, I would like to help.  Just get in touch.  Let’s have a friendly conversation and maybe make a plan moving forward.  The numbers show the bottom of the market has passed and the opportunity is now.

 

Highlands Ranch real estate market data

denver mls homes search

Buy, Sell, Rent or Wait | Denver Real Estate Market

Real Estate Sold SignIt’s back to school time and we will be heading towards the holiday season soon, so this time of year usually brings out the question in the minds of home sellers and buyers in the Denver real estate market, “Is now a good time to buy or sell, or should I wait for the market to improve after the holidays?”  However, this question has gone on all year for many.

We watch the news and read online of the questionable real estate market and the “experts” tell us there may be this new wave of shadow inventory still to come.  Of course, bad news does sell after all. Well, I don’t have a “crystal ball” to see if this does happen in the future, I don’t see this devastating wave of distressed inventory crushing the market again. I hope I’m right!  Real estate markets are always local, I’ve said it many times before and even the local markets are difficult to predict.  I will say there is plenty of data to suggest it is a good time to buy Denver real estate. If you want or need to sell your home, the numbers are very encouraging.  If you plan to purchase another home to replace the one you sell you’ll find that inventory is low and good homes get snatched up quick.  Mortgage interest rates remain very low making your buying power better than ever.

Maybe you think it would be better to just rent.  Vacancy rates in Denver have hit some of the the lowest levels since they’ve been tracked.  What does that mean to you?  You will likely need to be better qualified and pay more in rent than almost ever before. In fact, it wouldn’t be surprising that you will pay more to rent than to own.  But, you say, “I won’t be locked into an home if the value goes down and I’m stuck with it.” It can be a complicated decision and needs to make sense to you personally.  If your goal is still home ownership, then I encourage you to consider your options.  Now is really a good time for that.

Let me know if I can help you begin the process of buying or selling real estate here in Denver. If you want to consider investing or you are an investor, I would like to help you take advantage of this market to grow your portfolio and profits.

 

 

Are There Any Douglas County Schools Still On The Track System?

Douglas County CO Elementary SchoolIt’s back to school time again, already!  Can you believe how fast the summer seems to go?  Most kids are back in school and starting to learn all those new subjects for this school year. Kids in Douglas County Schools may have started early, but not as early as they used to.

Once upon a time, not that long ago, Douglas County was the fastest growing area in the country.  With that rapid growth, there was a plan and a need to accommodate the elementary schools with the expanding population.  So many new residents moving to Douglas County, and a large portion of them into Highlands Ranch, that careful planning needed to take place in order to manage the students along with the budget for new school buildings.  Thus was the start of the Douglas County School track system.

Many parts of Douglas County continue to see growth, however that huge rush of population took place some years back and now we have leveled out to a more stable cycle.  This is what the planners back then anticipated.  Smart people.  So now, the use of a track system in most of the elementary schools has given way to the more traditional school year.

There are some Douglas County schools that are on more of a modified calendar and many on a conventional calendar.  If you’re curious which, the Douglas County school district puts out a school calendar choice list so you can know what your school, or the school you will be heading to, will plan for the year.  Just click the link in the school’s choice column to see the calendar for the year. If you are planning a move within Douglas County or to Douglas County, hopefully this list can help with student planning.

If I can help guide you through this or more importantly, the real estate process please get in touch.  I would love to help and see if I could be a good fit.

5 Tips For Buyers In A HOT Real Estate Market

Highlands Ranch home for saleIn many markets across the county, real estate buyers are in kind of a feeding frenzy!  Inventory is low and homes just don’t hang out on the market too long.  The Denver real estate market in 2012 is maybe one of the HOTTEST right now and homes that sellers have prepared well won’t last but days in some cases.

Denver home buyers need to be prepared when entering this competitive market.  Online, there are millions of tips on this, below is a short list of home buyer tips that I thought could be pretty useful if you are planning to buy a home in the Denver area and want to be ready.

  1. 1. Make a plan – where do you really want to live – what are of Denver? How many bedrooms, baths, square feet and style? It’s a good idea to really think about what you want in a home and plan it out before heading out in the market.
    2. Get pre approved – more than a pre qualify, have a lender run credit and such to get a sound idea of how much you can afford and how those payments will fit into your lifestyle plan. Make sure you’re comfortable.  Also, you’ll need this to be a serious buyer when making an offer on your next home.
    3. Don’t hesitate – Heavy inventory and long days on market lulled real estate buyers into a sense of having loads of time to decide over the last few years.  Those days are gone.  With Denver area home inventory at roughly half and low interest rates, the home you liked today somebody else liked yesterday and bought today.  Happens all day long.
    4. Don’t panic – If you do find the home for you and there seems to be a lot of other interest and maybe multiple offers, go back to the plan. Does it really meet all the objectives? Is it going to meet the budget and lifestyle needs? Try not to overpay, there always seems to be another home that comes along that will work. When it does, refer back to #3.
    5. Get help – Get an experienced Denver Realtor.  Someone that can keep things in perspective and level headed.  An ally with local market knowledge and negotiating skills to work through the contract and look after your best interest.

I hope this short list is helpful.  If you need more detailed help in preparing to purchase a  home and need an experienced Denver Realtor to guide you, please get in touch with me.  I’m happy to talk with you about your situation and may be a good fit to help you with your next move.

Arrow Electronics Relocating Headquarters to Denver

I just read today that Arrow Electronics, a worldwide leader in computer and consumer electronics will move it’s corporate headquarters to Arapahoe County in mid November.  Arrow already has an operation here in the Inverness Business Park near Centennial Airport with around 1000 employees.  Now, Arrow Electronics will transform this location into it’s headquarters!

Why is this important of even news!  Jobs.  At least the potential for jobs over the next several years. Colorado could gain around 1250 jobs from this move.  In fact, Colorado is working to recruit other companies that supply Arrow Electronics to relocate here as well.  Things aren’t all doom and gloom.

And why shouldn’t these companies move here?  Colorado is business friendly, we benefit from an incredible climate that employees come to love very quickly.  Housing statistics in the area are stable and mixed with great schools and plenty of entertainment, companies stand the chance to have very happy, productive employees to drive the business into the future.

So congratulations to Arrow Electronics for their wise move and the decision to make Colorado their corporate home!

Related Posts Plugin for WordPress, Blogger...