According to conventional wisdom when selling real estate, once you pass the Autumnal Equinox, there’s no sense in putting your house on the market. And if you’re a buyer, there’s no sense in looking for a house during the fall either. It’s widely believed that all the ‘good stuff’ will come on the market in the spring.
We think it’s time to reconsider that old thinking. According to statistics quoted by Denver Real Estate blogger John Rebchook on his widely-read InsideRealEstateNews.com, “The number of unsold homes in the Denver-area market are at an 11-year low.” And according to our statistics, that trend has continued in many Denver neighborhoods.
Combine this low inventory with interest rates that are as low as they’ve ever been, and you have a rare…
What should I do to prepare my Denver lawn for winter? As you are raking leaves, and with fall
setting in, it sure is easy and tempting to forget about your Denver lawn until
next spring. After a summer of watering
and mowing, most people won’t miss these weekly tasks. But is it best to just leave your lawn be for
the winter, or can you take steps now to help it through the cold months and to
thrive once spring rolls around?
To answer this question, I consulted Shad Spencer with
Spencer Quality Lawn Service. According
to Shad, it is very important to spend some time getting your lawn ready for
winter now and before the snow sets in.
By taking these steps, you can greatly improve the health of your lawn
now which will result in a greener lawn
Should I have a survey done when buying my Denver home? It is an excellent question and one that is
often overlooked when buying a Denver home.
The standard answer is no. I
would estimate that 90% of all buyers do not get a survey done when buying a
home here in Denver. But is that the
best way to go?
To answer the question thoroughly, I turned to Jonathan
Goodman, Real Estate Attorney with Frascona, Joiner, Goodman and Greeinstein,
P.C. According to an article written on
the matter by Mr. Goodman, “While it is prudent for buyers to obtain ILCs for
all purchases, this article is not suggesting that the expense of a survey is
necessary for all transactions.” So now
we ask, what is an ILC and when is it prudent to spend the extra money for a
Help, how can I find a bus route close to my Denver
home? It is a great question, especially
if you have ever spent any amount of time staring a bus schedule and realizing
it might as well be in Swahili if you have never read a schedule before. Luckily, the Denver RTD website has a very handy
tool that allows you to put in your address and instantly see which bus, light
rail and park and ride stations are close by.
This tool can be very helpful if you are trying to make that
transition from driving every day, needing to get Downtown during rush hour and
even when buying a home. With traffic getting
worse in Denver, public transportation is becoming more important for urban
Denver and will only continue in the future which will undoubtedly
important are pictures to getting your Denver home sold? So important that I am
writing my second blog on it this year alone. It still amazes me in the age of
digital photography how bad and simply unprofessional so many Real Estate
photos are. With over 90% of buyers finding their future home online, it is
critical to have pictures that are clean, bright and crisp and that stand out
to potential buyers. And with lots of buyers searching for homes on their smart
phones that have incredibly clear picture resolution these days, the difference
between pictures shot with the best equipment and those taken with entry level
cameras and inexperienced photographers really stand out.
In the Real
Estate world, latest form of high end photography is HDR.
While we are still holding on to summer, tomorrow's high of 61 degrees is going to quickly remind us that fall is right around the corner. So instead of waiting until it is freezing outside to do the home maintenance needed to get your home ready for winter, might as well tackle it now while it is still pretending to be summer.
While we are still holding on to sutomorrow's high of 61 degrees is go
Below is a helpful list of items to check on your house before winter hits us like a ton of bricks. Thanks to Tony Seigert with Safe Home Inspection for this handy list.
Caulk the Exterior
Any gap on the outside of your home may be a spot for caulking. Check the corners, windows, doors, areas where masonry joins siding, or
We love Denver’s urban neighborhoods and are pleased our signs are in every part of town. But do you ever wonder where prospective buyers are really looking? We recently reviewed where all of our website users focus their searches, and found their top ten neighborhoods:
10) Capitol Hill: Great values and Denver’s most architecturally diverse area of historic homes and updated condos. 9) Platt Park: Well known for its tree-lined streets that border every block of well-kept homes, the local flavors of South Pearl Street keep this area in the top ten. 8) Sloan’s Lake: Always a favorite neighborhood for its open spaces with a charming combination of Tudor and Victorian homes. 7) Baker: Great to see this rising in the list of favorites! The area is being…
Is it better to flip Denver investment property or rent it right
now? This is a question I get from investors often and the answer, for
the first time in a long time, is actually to rent. According to a study
by Campbell/Inside Mortgage Finance HousingPulse Tracking Survery, 50% of all
investors that purchased an investment property in July decided to rent it
instead of flipping or reselling it. That is in contract to July of 2010
when only 28% of investors rented their recent purchases.
So why are so many more investors renting out their investment
properties? It only makes sense. First, interest rates are so
incredibly low, I have investors getting investment loans for under 5% which is
unheard of, which of course makes it much easier to cash
Did you know that Denver is the fastest moving Real Estate market in the country right now? For the second straight month Denver once again had the lowest median age of inventory among metro areas country wide at a median of 32 days on the market. That is a 38.5% drop in the median year-over-year, the biggest drop amongst the 11 most active markets in the U.S. according to Realtor.com.
With an average day on market of 32 days, this is a great sign that the Denver market is strong and will continue to only improve as we push forward. This should be a clear message to sellers that now is a great time to sell and to buyers that are looking to take advantage of these great rates that when you find the right home, jump on it before it is gone. I have
It is hard to believe that it has already been 10 years that
this site has been vacant, but three years from now we should see a complete
transformation of the old University of Colorado Hospital. According to
the Denver Post,
construction will start next April on a $180 million project that will have
about 500 residences and 350,000 square feet of retail space. The project is
expected to be completed in may of 2014.
Though the project is still in the planning process, the
vision is that restaurants and shops will front East Eighth Avenue and a
natural-foods grocer will face Colorado Blvd at a new street that will run
through the site between East Eight and East Ninth avenues. Movie
theaters and health clubs also have expressed interest in