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Aurora, CO Real Estate News

By Nicholas Goraczkowski, Your Mortgage Resource - (720) 83-RATES
McCabes Irish Bistro and Pub         As part of the Colorado Pub Company, McCabes Irish Bistro and Pub is one of Southeast Aurora's finest restaurants. Located in the heart of the Southlands Shopping area, McCabe's has something to offer every taste. Offering a very large diverse menu, there will be a dish that you are bound to love. From the always reliable Irish Shepards Pie to the more Pub-like bar food, you will not leave hungry. If you are looking for some entertainment, McCabe's Irish Pub and Bistro has you covered. Every night of the week brings something fun to McCabe's. Monday - Come enjoy a few drinks and dinner on the largest outdoor patio on this side of town Tuesday - Try your luck at the free Poker night Wednesday - Show off your knowledge with Geeks who Drink Trivia Thurs...
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By Wendy Bibeau, The Bibeau Group - Realtor - Denver Colorado Real
(Keller Williams Realty DTC)
Home buyers and home sellers in the Piney Creek area in Centennial/Aurora, CO should be aware of the most recent real estate market activity.  Statistics over the past four months are showing us that the market is very different depending on what price range one is looking at.  For example, data from the past 4 months show us that: The $300-400K price range makes up 42% of current supply and 47% of solds The $400K and above price range makes up 40% of actives, but only 13% of sold The $500K and above price range makes up 30% of actives, but only 7% of solds 86% of the Solds in past 4 months have been at $400K and lower Take note in the chart below of the final column, showing the the number of months of inventory is on the market, given the current sales pace.  There is a notable differ...
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By Wendy Bibeau, The Bibeau Group - Realtor - Denver Colorado Real
(Keller Williams Realty DTC)
The Bibeau Group has prepared the following statisitcs on the real estate market in the Hills at Piney Creek in Centennial, CO. The Hills at Piney Creek is a subdivision in the Cherry Creek School District in the southest Denver metro area. The following information was compiled on August 6, 2009*. Over the past 12 months, an avg. of 2 homes have sold per month Over the past 6 months, an avg. of 2.67 have sold per month Over the past 4 months, an avg. of 3.25 have sold per month Average Days on Market has gone down during these same time periods as well: 61, 51 and now 47 The past two sales (in June) were each on the market less than a week No sales recorded so far in July/Aug Given the current inventory, this part of Piney Creek is showing a 4-5 month supply of homes (based on current ...
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By Nicholas Goraczkowski, Your Mortgage Resource - (720) 83-RATES
Aurora CO Homes For Sale   Are you on the hunt for Aurora CO Homes For Sale? Now could be the best time there has ever been. Sure, you have heard about all of the negative information out there right now. If you watch the news or read the internet or newspaper, you can't miss it. But what about all of the positives going on right now? If you combine the current loan options with the current inventory of homes available, it is easy to understand why the pending home sale report came out so much better than expected today. This report tells about the number of homes that are currently under contract. The actual number of homes that are now under contract came back 12 times what they had expected!!! Why is this? There are many things that can have an effect on this number. To put it very s...
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By Nicholas Goraczkowski, Your Mortgage Resource - (720) 83-RATES
Buckley AFB                            Buckley AFB (Air Force Base) is going to start seeing an influx of men and women who have been serving our country oversees. As our troops begin to return home, many of them will be relocating and stationed in Aurora, CO. This is one of the best areas out there to settle in and raise a family. This community has always welcomed it's military families with open arms and gratitude. Relocating to Aurora, CO is a great option for people at every stage of their lives. If you are young and single, the area offers a great nightlife. If you have a family, this is an area with great schools. If you are looking for a more relaxed pace of life, Colorado offers more days of sunshine than any other state. If you need help relocating to Buckley AFB, we would be ...
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By Nicholas Goraczkowski, Your Mortgage Resource - (720) 83-RATES
Here is another picture of a tornado that was forwarded to me from our recent storm. www.aurora-co-homes-for-sale.com  
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By Marianne Bandy, CRS, GRI, Certified Negotiation Expert
(Bandy Homes)
Close to 90% of home shoppers use the internet in the home-buying process, according to a recent National Association of Realtors survey.  At Bandy Homes, we have taken note of this and upgraded our websites to be very user friendly and full of information.  Seeing area homes on line familiarizes potential buyers with what is available in the area.  It gives you an idea of how much you will get for your money and saves a lot of legwork. Using the internet when looking for your Denver area home does not mean that you should put off finding a good local agent. Though the internet has revolutionized real estate, few internet shoppers actually make a real estate purchase on line.  It's one thing to take a leap of faith and buy a pair of shoes on eBay, but there's a lot more money involved a...
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By Steven Beam, Parker Colorado Real Estate
(RE/MAX Alliance - Parker Colorado Real Estate.)
This is a really cool photo taken yesterday June 7th, 2009 in the Saddle Rock neighborhood in Aurora, Colorado. Pretty sc ary huh? The news reported several tornadoes in the area and I did get a decent photo of one myself out on the plains east of town but my shot wasn't nearly as good as this one. This is REAL and I love the photo. Steven Beam EMAIL or Call 303-941-4663. Search for All homes for sale.
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By Thomas Recke, ACI
(Pillar To Post)
In today’s real estate market, sellers need additional advice on how to cost-effectively prepare their homes in order to sell quickly. With an abundance of homes on the market, waiting several months to sell a home could leave many recession-plagued sellers in financial distress. For example, in October 2008 the median existing home price was the lowest since March 2004 at $183,200. This means that a home owner who lived in his home for 4-1/2 years is seeing the value of the home as the same or less as when the home was bought (CNNMoney.com, November 2008). The good news is that although some homes may need extensive upgrades or renovations, many may only require simple changes. For a limited cost, or no cost at all, home sellers can fix their homes to appear more appealing to prospecti...
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By Thomas Recke, ACI
(Pillar To Post)
Pretty cool windows short cut keys: CTRL and A Selects all the items in the active window. CTRL and C Copies the item or items to the Clipboard and can be pasted using CTRL and V. CTRL and F Displays the Find all files dialog box. CTRL and G Displays the Go to folder dialog box. CTRL and N Displays the New dialog box. CTRL and O Displays the Open dialog box. CTRL and P Displays the Print dialog box. CTRL and S Displays the Save dialog box. CTRL and V Pastes the copied item or items from the Clipboard. CTRL and X Cuts the item or items selected to the Clipboard. CTRL and Z Undoes the last action. CTRL and F4 Closes the active document window. CTRL while dragging an item Copy the selected item CTRL+SHIFT with arrow keys Highlight a block of text CTRL+F4 Close the active document CTRL+ESC ...
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By Kristal Kraft, Selling Metro Denver Real Estate - 303-589-2022
(Novella Real Estate)
Buckley Air Force Base and the Giant Golf Balls 100 Real Estate Tips in 100 Days (Day 28) Looking ever so much like golf balls lined up for practice swings from a giant golfer, the picture above shows just some of the 15 protected satellite dishes that Buckley Air Force Base is known for. Visible from Lookout Mountain, the distinctive "Golf Balls" house the communication links that serve the Aerospace Data Facility, one of the many tenants of the 460th Space Wing,which manages Buckley AFB. Other major tenants include the 140th Wing, flying F-16's; the Army Aviation Support Facility; and some 34 other military units, representing every branch of the armed forces (including the Coast Guard), with active, reserve and national guard components in residence. Buckley houses some 10,000 milit...
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By Wendy Bibeau, The Bibeau Group - Realtor - Denver Colorado Real
(Keller Williams Realty DTC)
Shenandoah on Smoky Hill is a unique neighborhood in southeast Aurora. It has only one entrance, and entry is restricted to residents and their guests. It is a neighborhood of custom and semi-custom homes that was built between 1977 and 1981. Amenities for residents include a large pond, community pool, clubhouse, tennis courts, and playgrounds. This neighborhood is also within the highly-regarded Cherry Creek School District. The Homeowner’s Association website contains photos of the neighborhood and community events, as well as additional community information and documents. The current real estate market includes both fixer-uppers as well as completely removed homes with top-end finishes. Sold data (past 6 months): 3 properties sold Prices (before concessions) were $306,500, $320,00 ...
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By Steven Wright, CRS - Home Real Estate - 720-989-5283
(Home Real Estate)
How the Economic Stimulus Package might influence your buyer's Real Estate decisions. The Economic Stimulus Package passed by congress dedicated $6.6 billion dollars to the incentive for first timehome buyers. First-time home buyers who buy a home before December 1, 2009 will receive up to $8,000in a tax credit. This might be just what some buyers need to decide to buy. The housing market already favorsthe buyer, with lots of inventory to choose from, sellers who are willing to negotiate and home prices which aremore affordable than they’ve been in years. The National Association of Home Builders are hopeful, that thetax credit will spur some housing activity, “The new tax credit provides a great opportunity for first-time homebuyers,” said Joe Robson, NAHB chairman and a home builder f...
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By Steven Wright, CRS - Home Real Estate - 720-989-5283
(Home Real Estate)
I often reflect on my reasons for making money as a Real Estate Agent. I can tell you that my main reason for making money is not to get rich, although if it happens I will not turn it away. My main reason for making money is to do good. Good like supporting my wife and children and giving to those that are in need and most of all giving a share back to my God and Savior. I sometimes wonder what would happen if we as a people gave more, especially us Realtors who sometimes do really well from a financial stand point. I wonder if we gave more to those in need around us, would that lessen the dependence people have on the government? This is definitely a time of great confusion for many people. For so long we have been a wants based society that now we view things like a plasma TV, cable ...
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By Lon Welsh
(Your Castle Real Estate LLC)
Some areas did better than others. The attached chart shows different neighborhoods in our region. Each region has the neighborhood’s name and price change in the last twelve months. We are comparing the twelve months of March 2008 through February 2009 to the twelve months right before that. There had to be at least ten sales in the last year for an area to be included. The numbers are more reliable in areas where there were more sales.   Source: Your Castle Real Estate analysis, MLS data  
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By Lon Welsh
(Your Castle Real Estate LLC)
Recap of Condo Price Performance By Terry Wenze and Lon Welsh, Your Castle Real Estate.   It’s still a great time to be a buyer in the condo market. Prices are at a three or four year lows in many areas. Interest rates on mortgages are still historically low. Combined with the first time buyer tax credit, this should be a perfect storm for first time buyers to get the deal of a lifetime.   The average condo price in Metro Denver declined 4% between 2006 and 2007: from $187K to $180K. Homes dropped 3% in that time period. Looking just at the first two months of 2009 vs. the same time period in 2008, the price dropped 17%: from $170K to $141K.   Homes dropped a similar amount in that time period. These numbers will be slightly different than Metrolist, as they are just Denver Metro and do...
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By Mitch Myers
(Myers Realty LLC)
Aurora still remains one of the hottest places in the country to buy real estate.  Aurora has a huge inventory of HUD homes, lender owned properties and foreclosures.  We are one of the few cities that have actually seen some appreciation in the "normal market" with the good buys having multiple offers.  With interest rates hovering around 5% you simply should not wait to buy.  This past week-end I helped 3 different buyers get super buys.  One picked up a 1500 plus square foot ranch with a 1500 plus square foot basement for $180,000.00 AND the seller agreed to pay my buyers' closing costs.  Next year everyone will say "I wish I had bought in 2009".
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By COhomefinder.com Colorado Realtors, Find Homes in Colorado
(COhomefinder.com- Denver Luxury Homes, Condos & Properties)
Can Obama stop all these AURORA COLORADO BANK OWNED HOMES from happening? Are you asking yourself.... Shoud I jump on buying an AURORA COLORADO BANK OWNED HOME, or not?  Either way, you can see some of these great COLORADO BANK OWNED HOMES on www.COhomefinder.com                        Aurora MLS Search  Find your Aurora home on Colorado HomeFinder. Access the Aurora Multiple Listing Service (MLS), the same property database used by agents. Searching for a Aurora home? You've found the right place! Just one click to browse listings of Aurora houses, Aurora condos, Aurora land, and Aurora income property for sale. Check out our Aurora maps! We've made searching by location easy with powerful google mapping technology. View our map of Aurora Houses, map of Aurora Condos, map of Aurora Lan...
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By Mitch Myers
(Myers Realty LLC)
Real estate is a local business.  We all hear so many things in the media and just assume that is how it is.  One thing that is not just local is the misconception that you should wait to sell in a buyers' market.  Generally that is true unless you are moving up within the same market. In a buyers market you will not receive top dollar by any means.  Selling during this period is not ideal unless you are looking to upgrade.  If you are moving out of the market it may be best to rent your property and buy in the new market.  This method could allow you to catch the appreciation that is coming to Aurora and the Denver area and take advantage of the other market which is way down and coming back after you buy. If you want to stay in this market and intend on moving up within the next 5 yea...
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By Mitch Myers
(Myers Realty LLC)
The stimulus package that just passed and becomes effective when President Obama signs Tuesday in Denver will have some cool benefits to home buyers and investors alike. The National Association of REALTORS was effective in lobbying a couple of key things that will go into effect.  Home buyers (with certain conditions) will receive an $8,000.00 tax credit that does not require a payback.  Investors who were previously limited to 4 financed properties can now have 10 allowing them to help soak up the surplus homes currently on the market. You just cannot find a better time to buy or invest in Colorado.  Hud homes, foreclosures and sellers who have done beautiful things to their homes are priced at all time lows.  This is not the time to sit on the fence and watch this window close.  Get ...
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