Tips for Home Sellers

There are currently 266 blog entries related to this category.

  Aria Denver

 

Aria Denver is coming, have you heard of it yet? It isn’t often that a groundbreaking for a new residential development attracts the attention of the Mayor and plenty of news coverage. But when a development is as unique and impactful as Aria will be, it’s certainly understandable why it’s getting noticed.

Aria Denver is the redevelopment of the 25 acre Marycrest campus in Northwest Denver on the corner of 53rd and Federal. The redevelopments vision is unique in that it intends to create a diverse, tight knit community with a sense of place that increases residents’ health and the health of our environment. The development embraces the legacy of community improvement and environmental stewardship. This isn’t going to be your standard collection of
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Is it possible to get financing in The Glass House right now? It is a problem I have been running into lately with some great new listings coming on the market in there and buyers wanting to buy, but having trouble getting financing. The answer is yes, you can get financing, but there are conditions.

According to the homeowners association for the Glass House, the litigation involves the air conditioning system in the building not being installed properly by the developer when it was built. It isn’t a major problem like some condo buildings see, but it will probably take at least 18 months to sort out.

What this means to buyers and sellers in the building is that as long as the litigation is going on, the building will be non-warrantable.
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Whenever I see Denver Real Estate mentioned in the national media it immediately catches my eye, especially when the story delivers more positive news about the Denver market. The latest report I saw on Forbes.com, click here, shows that average asking price for a Denver home has increased the 5th most nationwide. According to the data from Trulia.com, the average asking price in Denver has increased 8.6% from this time last year.

While this doesn’t mean that the average home has appreciated 8.6% since this time last year, keep in mind this is the asking price, not the final sales price, the data is still very encouraging. If you reference a blog I did a few weeks back, click here,  you will see that the average days on market for a Denver home is right

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money_home_400Now that the Supreme Court has upheld the health care legislation, all of its major provisions remain in effect, including the new tax that was designed to affect upper income taxpayers. Among the concerns expressed among consumers is that the tax amounts to a transfer tax on real estate. Not true.

Shortly after the federal government enacted sweeping healthcare reform, there was considerable concern over a last-minute addition to the legislation: a 3.8 percent tax on investment income of upper-income households to help shore up Medicare. The tax takes effect in 2013.

The 3.8% tax is imposed ONLY on those with more than $200,000 of Adjusted Gross Income (AGI) ($250,000 on a joint return). The tax applies to investment income, defined as interest, dividends,

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Tree Applications available NOW

 

The Park People’s

4th Annual Denver Digs Trees

Fall Shade Tree Distribution

 

Apply Online: www.TheParkPeople.org

or contact The Park People at 303-722-6262

 

Deadline for applications: September 1

Tree pick-up: October 6

 

These trees are strictly for your yard (on private property),

NOT along the street in the public right-of-way.

(For street-side trees, consider our spring street tree program.)

 

Trees are only $25 each

and Free to residents in our target neighborhoods

(Trees this size usually sell for $100+)

 

Denver Digs Trees has provided more than 44,000 affordable and free trees to Denver residents over the past 21 years.  We offer a variety of beautiful trees that make our communities

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How is the Denver Real Estate market doing? Around springtime of this year, I did a number of blog posts about how the Denver Real Estate market is on verge of the a seller’s market. With the latest data that is out, it looks like Denver has turned that corner and continues to get stronger.The entire metro area isn’t in a seller’s market yet, but there are pockets that are and we continue to see homes fly off the shelves.

In a report out today by the Wall Street Journal, click here, Denver is the second fastest selling Real Estate Market in the country based on average days on market. The average time on market in Denver is coming in at 33 days, almost a third of the national average. I remember just year or so ago when 100 days was the norm so 33 seems
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In some parts of the country, a house without a pool is like a Subaru without a bike rack in Colorado. But because of the weather, I’m assuming, pools and houses in Denver is just not something you hear much about or find much demand for. So it got me wondering, how much value, if any, does a pool add to a Denver home?

I got to wondering this because I just put on the market a fabulous home in Castle Rock with one of the nicest pools I’ve seen in a long time. The house sits at the top of a hill and from the pool, you have stunning mountain and canyon views and more blue sky than you could ever imagine. To check it out, click here.

After speaking with the owners about it and finding out how little work and money it actually is to keep it running, it
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Just as hot as the Denver Real Estate Market is, so is the rental market. In an article out today from the Denver Post, The average rent for apartments in metro Denver rose 7.1% from the second quarter of last year to the same period this year.  It was the highest growth rate reported during any quarter since the third quarter of 2011, when average rent grew 8.5%.  During the second quarter of this year, the average rent in metro Denver rose $65 to $979 from last year's second-quarter average rent of $915.  "You have to go back to the days of the dot-com boom to see lower vacancy rates than what we're seeing right now," said Ryan McMaken, spokesman for the Colorado Division of Housing. Click here to read the full article.

What does this mean to Denver
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Have you heard of the Denver Energy Challenge? If you own a home or business in Denver, then you will certainly want to know more about it. The goal of the Denver Energy Challenge is to help Denver residents and business owners make energy efficient improvements to their home or business through free, independent advising in hopes of reducing energy use by at least 15%.

This great program offers free energy advising to Denver Residents in the following ways.

* Review a previous audit
* Schedule an audit for $135
* Prioritize energy saving measures
* Provide a list of pre-screened Contractors
* Compare and review bids
* Locate rebates, financing and help you apply
* Answer any questions you have about energy savings

And as a small business owner, you have access

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Do I get any sort of warranty when I buy a home in Denver? It isn’t a question I get too often and unfortunately, it typically only comes up after a client has bought a home and a problem arises. The best answer I can give is no, there is no warranty when you buy a home in Denver.

There is an exception to this, most brand new homes do come with a 1 year home warranty. But homes that are resale and have been previously lived in come with no warranty. Once you close on the home, you get everything in it, including any issues that may arise.

Recently I had a situation where after moving in, and trying to cool their house off in who knows how many days of 100 degree heat, my clients came to find out that their air conditioner was shot. They figured that
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