Centennial, CO Real Estate News

By Bob Schenkenberger, Denver Real Estate
(Colorado Realty Professionals)
Colorado Realty Professionals and The Get Home Denver Team, take pride in our educational approach to homebuying.  We understand the many questions and concerns of homebuyers, and we counsel our clients in every aspect of a possible transaction.  Since purchasing a home is one of the largest investments most people make, we want to assure you that it is our goal to offer the most professional and informative service available in the Denver Metro Area!  We sit down with every buyer client and answer all your questions before we start looking at homes.  Some areas we cover are:Brokerage relationships/Agency Confidential, personal counseling to determine your needs Financing options Lender selection and loan application Selecting neighborhoods and viewing potential homes Writing and explai...
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By Steve Scheer, Highlands Ranch Real Estate - Denver Real Estate
(Realty Oasis - Metro Brokers)
Centennial, CO - Centennial REAL ESTATE & HOMES SALES NUMBERS FROM January 2008 REAL ESTATE MARKET ACTIVITY REPORT Centennial, CO is another area seeing an increase in activity in the local real estate market for the New Year.  Proper home pricing is key.  You need to have your home in great shape (get that to-do list taken care of!) and priced right to compete against other Centennial homes in the area.  And competing you are.   Inventory levels for Centennial real estate are just under a 4 month supply - and although that number is good, it is typical for January numbers to be a bit lower as people do not usually list their homes in late December unless they absolutely have to.  Now that we are through January real estate trends tell me we will see an increase in inventory in the week...
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By Toko Adroa
(MovingREO.com)
NEW YORK (CNNMoney.com)  Taken from CNN.com:The number of foreclosures soared in 2007, with 405,000 households losing their home, according to a report released Tuesday. That's up 51 percent from the 268,532 homes that were repossessed in 2006. Total foreclosure filings soared 97% in December alone compared with December of 2006, according to RealtyTrac, an online seller of foreclosure properties. For the year, total filings - which include default notices, auction sale notices and bank repossessions - grew 75%. More than 1 percent of all U.S. households were in some stage of foreclosure during 2007, up from 0.58 percent the year before. "There are parts of the country where we're seeing many more bank repossessions," said Rick Sharga, a spokesman for RealtyTrac. "People are flat out lo...
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By Steve Scheer, Highlands Ranch Real Estate - Denver Real Estate
(Realty Oasis - Metro Brokers)
Wrapping up 2007 and ready to move onto 2008.  Market Statistics for December can be confusing - notoriously it is the slowest time of the year - but the Denver metro real estate market has had a healthier go of it than other parts of the nation.  The gloom & doom that the media is reporting - Well, like your mother always told you, don't believe everything you hear or read.  Yes, things have slowed a bit,  but we are fortunate to have a healty real esate market here in the South Denver area and I expect 2008 to only get better. Here are the AUS Aurora South numbers for December 2007 - Aurora South and parts of Centennial Aurora South - Residential Real Estate - Single Family Homes Total Active 1478Average Asking Price Price $235,712New Listings 401Listings Back on Market 163Sold 243Ave...
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By Steve Scheer, Highlands Ranch Real Estate - Denver Real Estate
(Realty Oasis - Metro Brokers)
If you live in Highlands Ranch, western Centennial or Littleton - or anywhere else nearby - here is a great find for you when craving salty chips, yummy margaritas and smothered burritos - Los Dos Potrillos.  Located in a somewhat hidden location in a Centennial strip mall (just on the other side of County Line Road from Highlands Ranch) - Los Dos Potrillos has surprisingly great food at reasonable prices.  If you are heading out on the weekend, be prepared to wait a bit or you can call ahead to put your name on the list - but even a wait isn't so bad in the bar area.  There are many Mexican beers to choose from or a margarita will lessen the wait.  There are not a ton of restaurants in the area, so to have a place so close that is so great is a real treat.  My family's favorites consis...
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By Kasia Michalska
(Keller Williams)
I am passing on this useful information that I found on the City of Centennial website: Mortgage Assistance Available to First-Time Home BuyersTuesday, April 10, 2007  Mortgage Assistance is available in the form of a down payment grant for Centennial residents who wish to become first-time homebuyers and who meet income requirements. See news release recently issued by the Denver Office of Economic Development, the agency administering the program:FOR IMMEDIATE RELEASE:Monday, April 2, 2007 DENVER AND THE METRO MAYORS CAUCUS ANNOUNCE AVAILABILITY OF MORTGAGE ASSISTANCE FUNDS FOR FIRST-TIME HOMEBUYERSProgram Offers Stable, Conventional Fixed-Rate Mortgages(DENVER) First-time homebuyers in many parts of the Denver metro area can now get a 4% down payment assistance grant and 5.95% 30-yea...
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By Steve Scheer, Highlands Ranch Real Estate - Denver Real Estate
(Realty Oasis - Metro Brokers)
CENTENNIAL, COLORADO - HOMES SALES NUMBERS FROM AUGUST 2007 REAL ESTATE MARKET REPORT Yes, there is a lot of inventory.  This is an excellent time to buy a home in Centennial if you are looking to do so - you certainly have choices.  But there is activity and homes are selling.  I have to say it again, its about the price.  To sell your home, you have to price it right.  If you want your home to be a part of the sold statistics, do not over price it.    Here are numbers from August 2007 regarding the activity in Centennial, Colorado for Single Family residential homes. On September 2, 2007 there were 410 homes that were Active Listings - Homes for Sale.  123 listings were new properties for sale in Centennial, CO in August.  In August 2007, there were 52 homes that went Under Contract. ...
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By Steve Scheer, Highlands Ranch Real Estate - Denver Real Estate
(Realty Oasis - Metro Brokers)
Real Estate Market Reports for July 2007 - South Suburban Central - STATISTICS FOR HOME SALES IN THE AREA There are fewer overall homes for sale available in this area than areas just south of here.  There seems to be pretty good balance of inventory as well.  Still, days on market are nearly 3 months and demand in this area is a bit less than areas south.  What does this mean, well it means pricing and condition are still major factors in getting your home sold.  Pricing in Greenwood Village, Englewood, Centennial and Littleton is key.  Although the inventory balance is good, the pool of potential buyers for this area is less than south and therefore, days on market still remain relatively high.    This report includes all areas of the MLS known as SSC : parts of Littleton, parts of Ce...
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By Steve Scheer, Highlands Ranch Real Estate - Denver Real Estate
(Realty Oasis - Metro Brokers)
As many of you know, I am a Denver native.  Born here, raised here, live here now.  There was about a 10 year period that I was not here, when I was in my twenties, but other than that - I have been right here all along.  Surprising to many, I was not a skier until recently.  I didn't learn to ski until my oldest child was 5.  My wife is a skier and she really wanted to get the kids up on the slopes, and so I joined the skiing bandwagon.  Although I love the big resorts as well, I have become completely spoiled at the smaller, lesser known and less crowded resorts.  As far as I am concerned, they are just as good.  For a beginner or a family with young children, they are fantastic.  I personally skied for the very first time at a smaller resort, Sol Vista.  There is something to be said...
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By Doug James, The Wise Listing System Team
(Re/Max Masters)
  Doug James and The Wise Listing Team wants to be your Realtor!!  Please call us today at 303-814-3684 or log onto the web at www.WiseListingSystem.com.  THE MOST COMPREHENSIVE REAL ESTATE WEBSITE in the Denver Metro area provided by The Wise Listing Team!  With our office being at 11551 East Arapahoe Road in Centennial, we are centrally located and take a special interest in selling your home.  Our website is jam packed with state of the art technology to help you get your home sold quickly and for top dollar!  Thanks to our TV ads we are receiving hundreds of hits every week from home buyers and sellers all over Colorado and even the COUNTRY!  If you are looking to buy or sell now in the near future, please log on and take advantage of all the valuable information.  This website is a...
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By Wendy Bibeau, The Bibeau Group - Realtor - Denver Colorado Real
(Keller Williams Realty DTC)
Parkview Highlands is a neighborhood of single family homes in Centennial, Colorado.  The neighborhood's first houses were built in the late-1990's. The neighborhood is part of the highly-regarded Cherry Creek School District.  Students from the neighborhood attend Timberline Elementary, Thunder Ridge Middle School and Eaglecrest High School.  The Arapahoe Park and Recreation District recently opened the Trails Recreation Center, a beautiful 78,000 square foot facility on an approximately 21.5-acre site located at the intersection of Buckley Road and Orchard Road.  This facility includes an 18,000 sq ft aquatics area including a lap pool, leisure pool, activity pool, water slides, lazy river, hot tub, and steam room.  Additional facilities include cardiovascular equipment, free weights,...
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By Steve Scheer, Highlands Ranch Real Estate - Denver Real Estate
(Realty Oasis - Metro Brokers)
Denver Metro Area - Recreation - Try some Heat Escape & Skate  It seems that almost every day this week has been close to 100 degrees.  Its hot.  Need an escape?  Do what we do, skate.  Many of you know that my family is pretty involved in hockey.  One of my children is a youth hockey player and the other skates sometimes too.  So we look at our summer skating time as not just practice & something to do - but an escape from the heat.  I even strap on the skates from time to time and I haven't fallen down in quite some time. We skate fairly often for free skate at the South Suburban Ice Arena in Centennial.  It only takes us about 12 minutes to get there from our home in Highlands Ranch.  They have many lessons available for all ages and abilities and also have a great Learn to Hockey sk...
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By Steve Scheer, Highlands Ranch Real Estate - Denver Real Estate
(Realty Oasis - Metro Brokers)
What about Views for My New Home? Mountain? City?  I get so many home buyers and potential real estate clients in the Denver suburbs asking me to help find them a home with mountain views.  Why not?  Living in Colorado with such beauty to admire I can't blame them at all.  And some even desire that double bonus of the downtown view or city lights.  So the search begins.  Some people want to buy a new construction home.  We go out to the home sales office and find a nice floor plan and then decide on the lot.  The buyers want views from their home and the builder shows them lots with views.  Along with that come hefty lot premiums, of course.  This is where I remind my customers that "views" now may be partially if not mostly blocked in the future as construction progresses.  Some lots m...
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By Steve Scheer, Highlands Ranch Real Estate - Denver Real Estate
(Realty Oasis - Metro Brokers)
  CENTENNIAL, COLORADO - HOMES SALES NUMBERS FROM MAY 2007 REAL ESTATE MARKET REPORT Here are numbers from May 2007 regarding the activity in Centennial, Colorado.   On May 31, 2007 there were 437 homes that were Active Listings - Homes for Sale.  In May 2007, there were 129 homes that were Under Contract.  Of those, 96 went Under Contract in May.  Of the homes that were Under Contract (129), 73 of them closed in May.    What does this mean?  Yes, there is a lot of inventory.  If you are a home buyer in Centennial, CO, you have a lot of choices.  But there is activity.  Homes are selling.  To sell your home, make sure it is in great shape and priced right.  Do not over price a listing or your home will not be part of the sold statistics in these reports.  *Statistics from MLS deemed acc...
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By Steve Scheer, Highlands Ranch Real Estate - Denver Real Estate
(Realty Oasis - Metro Brokers)
Centennial, CO Real Estate: March 2007 Market Report Steve Scheer, RE/MAX Masters, Inc.Denver Area Real Estatewww.stevescheer.com Centennial, CO - March 2007 Market Report  - What is the MLS Data Saying About the Market? Here's the numbers for Centennial for last month.  According to Metrolist, which is the local MLS that includes Centennial real estate, these numbers represent March 2007 of single family residential properties in Centennial, Colorado (Arapahoe County).  March 2007 - Centennial, COActive Listings - (Total) 349 Active New Listings (listed in March) - 98Under Contract  - 112Newly Under Contract in March - 59 As you can see, about half of the homes that are Under Contract did so in March.  This is a good news for Centennial.  Of the remaining inventory there is just over a...
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By Kristal Kraft, Selling Metro Denver Real Estate - 303-589-2022
(Novella Real Estate)
Denver burbs town talk...Centennial AirportLocated in what we call "City Close" Centennial Airport is tucked away in southeast Arapahoe County.  When it opened in 1967, this location was considered to be far enough away as to not disturb anyone, but close enough to downtown Denver to be very convenient.  Today Centennial Airport is one of the busiest private jetports in the world.  Every 80 seconds a plane takes off or lands, none are scheduled flights.  Centennial consistently ranks the second busiest airport in the nation among airports that are not certified for airline services. When compared with all airports, including LAX, Chicago's O'Hare and New York's LaGuardia it is #25! The airport is open 24 hours a day, 7 days a week.Convenience is of utmost importance to executives flying...
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