Denver Real Estate by Denver Neighborhoods

New price at $489,900!

Check-out the link, click here!

~~~

~~~

Yes! It’s gone! Tough market up in Thornton but my client/seller hung in there and we got it done! See the virtual tour/link down and to the right!

Congratulations to my client! 

~~~

Source: The Denver Post, Margaret Jackson

With the deadline looming to take advantage of an $8,000 federal tax credit, first-time buyers helped boost Denver-area home sales in March by nearly 50 percent over the previous month, according to data released Thursday.

SOLD! NEED A NEW YARD!

There were 3,602 homes sold last month, up 47.9 percent from the 2,436 homes sold in February, according to data from Metrolist, the area’s multiple listing service.

The March sales represent a 12.4 percent increase from the 3,206 homes sold during March last year.

About 70 percent of the single-family homes sold last month were priced below $300,000, and below $200,000 for condos, indicating that first-time buyers were the driving force for most sales.

“First-time homebuyers are out in force, which will be great for us and great for the market,” said independent real estate analyst Gary Bauer. “The Denver market will show its resiliency and have a very nice year.” Continue Reading »

Source: Denvergov.org

The Denver area is ranked 4th in the nation on a list of metropolitan areas with the largest number of energy efficient buildings.  The list, released today by the U.S. Environmental Protection Agency (EPA), highlights buildings that earned EPA’s Energy Star in 2009.  The top three cities include Los Angeles, Washington, D.C., and San Francisco.  The City of Fort Collins also appears on the list, ranked at 24.

“Energy efficiency saves building owners money, reduces air pollution and fights climate change,” said Patty Crow of EPA’s Energy Star program in Denver.  “Denver continues to demonstrate that environmental and business performance go hand-in-hand.”

Through 2009, Denver-area Energy Star commercial buildings include 136 buildings with more than 31 million square-feet of floor space.  Energy-efficiency measures taken at these buildings yielded more than $29 million in utility bill savings in 2009.  These measures also reduced greenhouse gas emissions equivalent to the emissions from more than 57,000 cars.

“With the creation of Greenprint Denver, the City began requiring municipal office buildings to reach Energy Star status to reduce utility costs,” Mayor John Hickenlooper said. “We are proud to see others throughout Denver follow this example and make the Mile High City a national leader for energy efficient buildings. These efforts allow organizations to spend less on utilities and more on promoting economic growth.” Continue Reading »

Martha Stewart would be proud! Updates throughout are period appropriate in this gorgeous 2-story Craftsman home! This home has been featured in many related magazines!

3100 W. 37th Ave., Denver

Heads turn when passing by this handsome and stately Craftsman home built by the well-respected Denave family in 1925. It sits prominently on a corner hill allowing you to admire the wonderful exterior architecture all around. The landscaping is beautiful and mature with a large backyard, perennial flower beds and arbor– the covered patio is a much desired private retreat! Step into this home and all the original details and character capture your attention making you feel right at home… Amazing Arts and Crafts woodwork throughout! Several french doors, wide base molding and window framing, wood floors, wood doors w/ original hardware, sconce lighting, gorgeous windows! Open floorplan yet traditional to this type of home. The living room is very spacious, bright and a wonderful conversation place. The handsome fireplace w/ built-in glass cabinets, shares this space with an original custom frame above the mantel holding a precious Maxfield Parrish piece. Continue Reading »

The government’s newest housing rescue effort, which was announced Friday, includes these key tenets:

· As much as $14 billion of the Troubled Asset Relief Program (TARP) will be made available to pay for writing down second liens for loans whose borrowers refinance through the Federal Housing Administration.

· Lenders that facilitate refinances through the FHA will be required to write down the principal of the first mortgage by at least 10 percent so the home owner has a loan-to-value ratio no higher than 97.75 percent.

· Lenders of second liens will be offered incentives of 10 cents to 21 cents per dollar of principal they write down in connection with an FHA refinance.

· Borrowers who lose their jobs can apply to have their mortgage payments reduced for three to six months while they search for a new job.

· Borrowers with a payment still greater than 31 percent of income after they find a job will be considered for a permanent loan modification.

· To encourage more short sales and “deed in lieu” of foreclosure transactions in which the lender settles the loan for less than is owed, the government will double assistance to borrowers to $3,000 and increase incentives to subordinate lien holders and investors to $6,000.

Source: Reuters News (03/26/2010)

I just received this email from a producer of High Noon Entertainment, a local tv production company who produces many of the HGTV shows.

A NEW HGTV SHOW LOOKING FOR DENVER AREA HOMEOWNERS!
Think you’ve got what it takes to be the General Contractor on your own renovation? Think you can do it cheaper than the pros? Put your skills to the test for a chance at winning some serious cash!

Producers at High Noon Entertainment are searching for dynamic homeowners who plan to renovate a room in their house in 2010 using their own budget and acting as their own General Contractor.  Before the project begins, the homeowners will come face-to-face with our expert contractor for an assessment of what needs to be done and how much it will cost.  Then, they’ll hit the ground running, scrimping and saving, pouring in their own sweat equity and hiring out sub-contractors when needed in order to finish on time and under budget.  When the renovation is done, it’s inspection time.  Our panel of expert contractors appear for a detailed evaluation of the renovation and deliver an estimate of how much they think was spent on the project.  If our price-conscious homeowners are able to fool the contractor panel into thinking they spent more on the renovation than they did, then they can win the difference!!  If you think you’ve got what it takes to beat the contractor, we want to hear from you!

High Noon Entertainment would like to hear from homeowners who:
Own their own home and live in the Denver and surrounding areas
Have a remodel project planned in 2010 and plan to pull the proper permits needed to do the work.
Have a compelling story about why they need to renovate
Are physically capable of completing the renovation
Have the time available and can commit to a FIRM completion deadline (about 4-5 weeks total project time)
Have an appropriate budget already set aside for the renovation
Are enthusiastic about being on TV and are ready to put their skills to the test
Please e-mail us the following materials:

YOUR RENOVATION STORY: the possible rooms you want to renovate, why you need to renovate them, what renovation experience do you have and why do you want to do most of the work yourself, why you think you’ve got what it takes to be the general contractor on the project, how much money do you have set aside for the project, and why you want to be on TV.
PHOTOS: of every household member, of the outside of your home, of each room you’re considering renovating, and general interior shots of your home.

For more information contact:

Ashley Fielder
303-712-3110  Fax:  303-486-3881
4100 E. Dry Creek Rd.
Centennial, CO 80122
afielder@highnoontv.com
www.highnoontv.com

Are you thinking of selling? Buying? Investing? Please contact Deb Goetz! Business is picking up for sellers and buyers in the Denver market!

BUYERS: Jump on those tax credits! You must be under contract on a purchase by the end of April and close by the end of June!

SELLERS: Don’t feel left out of the tax credits! Use this to your advantage to get your house under contract quickly! The market is heating up for buyers to find a home and get under contract! AND THEN use one of the applicable tax credits on your next purchase! Also, IF you sell and buy with Deb, you’ll save on your listing commission!

Call Deb Goetz

720-628-9502

By Margaret Jackson, Denver Post

The median price for a single-family home in metro Denver rose nearly 15 percent in February compared with the same month a year ago, but the number of homes sold declined.

The median price for a single-family home rose to $220,750 last month, compared with $192,000 a year ago, according to Metrolist data released Tuesday. The median price for a condo increased 12.5 percent to $132,500, compared with $117,725 last year.

There were 2,436 homes sold in February, down 1.9 percent from 2,484 last year.

“First-time homebuyers are out in force,” independent real-estate analyst Gary Bauer said. “We’ve also seen investors come out this month. In the lower-priced markets, we have both investors and first-time homebuyers out there bidding on the same properties.”

However, the move-up market hasn’t shown much improvement, said Larry McGee, a broker with the Berkshire Group.

“I don’t think a lot of people will realize enough gain on their existing house to move up,” he said.

Meanwhile, during the first two months of this year, 51 single-family homes and four condos sold for more than $1 million each, compared with 43 single-family homes and seven condos during the first two months of 2009.

The increase in luxury sales can be attributed to foreclosures and short sales forcing prices down, Bauer said.

Margaret Jackson: 303-954-1473 or mjackson@denverpost.com