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Denver, CO Real Estate News

By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
  Many times homeowners want their home on the market RIGHT NOW.    Maybe they need to get to their new home quickly, or have other personal reasons to get their home sold quickly. Putting a home on the market prior to it being truly ready for showings, is a huge mistake.     Those repairs or de-cluttering efforts and of course deep cleaning should be complete prior to being available for showings.  Buyers will see what still needs to be done, and make offers below list price, or worse - not make an offer if it needs work. It is good to get these items done prior to having a home active on the market -   ~ Deep clean more than you ever have before, every nook & cranny in the home, it does make a difference.   Don't forget the intake vents up high and the baseboards!  ~ De-clutter every ...
Comments 20
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
 It is a known fact, anyone can walk into a New Home sales office, and buy a home.    You don't have to bring along a REALTOR to assist you - you can go it alone!   BUT, why would you, when representation is paid for by the Builder?   Let me explain a few reasons a Buyer SHOULD have representation to bring up some ideas -  1.  The Sales Representative is very helpful, but when it comes down to it - they work for the Builder, NOT the Buyer. 2.  When something is or seems wrong, you are the only one to make any noise to HOPE the builder fixes your issues.   When you have representation, you have a REALTOR® community behind you.   It doesn't take long for bad news about a builder to spread in our circles! 3.  Many times a Builder will offer incentives, but sometimes these options are not o...
Comments 5
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
The stats are out for the month of December, and the numbers reflect a slight increase in sales from November to December.   The inventory decreased from last month which is very typical this time of year. This data is courtesy of Joan Cox - House to Home, Inc. I track data daily for the Denver metro area, and the amount of price reductions have been hovering around 1200 each week (this number is twice the amount of new listings coming on) and homes returning to market have been around 150-200 per week.   The inventory this time of year is seasonally low, and is around 7300 during the week, and have seen it as high as 8855.    (includes land up to high-end homes) See what homes are currently available - Active Homes for sale in Denver Buyers - If you have thought about buying a home thi...
Comments 8
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
 The rates are bouncing around this past month, and has been a bit slower, which is very typical this time of year.  The stats are out for the month of November, and the numbers reflect this month's slowdown.  Inventory is up over last year, sales were up over last year, and there is an almost 5% increase in the value of homes.  Active Listings    10,007      +28.2% over last yearPending Listings    3,399     +22.0% over last yearNew Listings         3,076         +3.4% over last yearClosed Listings       3,370      +10.4% over last yearDays on Market       46           +21.1% over last yearMedian Closed Price     $670,600     +2.9% over last yearAverage Closed Price    $672,456     +4.9% over last yearPercent of closed Price to List Price - 98.6%      -.1% over last year We are seeing ...
Comments 10
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
In Colorado, texting while driving is prohibited, and you will receive a ticket if caught.   Effective January 1st - if you are found HOLDING your phone in your hand, you will get a $75.00 fine and two points on your license.   Whether you are making a call, looking for a song, or texting.   Even if you are stopped at a red light.There are still many accidents due to cell phone activity, and the State is hoping the accidents will decrease.
Comments 24
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
The newest "dog" has been added to the force, and it could be a game changer.  The newest member was a robotic "dog" named Spot will be used to identify and remove potentially hazardous materials. The robo-dog is assigned to the Denver Police Bomb Squad and will be used on an as-needed basis with SWAT responses in the Denver metro area.This robot walks on four legs, gets back up on its own when it falls over and can open doors and lift objects. It is remote-controlled and has cameras and lights to help move in dark spaces. So far, it cannot go up and down stairs quickly.This "dog" will not carry weapons, but will identify potential dangers to officers, keeping them at a safe distance.    The funding for this robo-dog was made possible by $328,000 in grants from the Urban Area Security I...
Comments 38
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
  The City of Denver will provide Denver residents with some grand entertainment on Saturday!  The 50th annual Parade of Lights will be held in downtown Denver with a 2-mile route for families to enjoy the lights and sounds of a Holiday parade.     Saturday night - 12/7 Parade will begin at 6 pm       You won’t want to miss the sparkling lights, marching bands, 40+ ornate floats, giant balloons and delightful characters including Major Waddles the Penguin and Santa, as they take to the streets of Downtown.  Spectator viewing for the Parade is free all along the two-mile route or purchase grandstand tickets for seating in front of the City & County Building.   The Parade will last approximately one hour. The weather is expected to be very mild, so not as important to bundle up the kiddos...
Comments 11
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
  Happy Thanksgiving!         Hope everyone enjoys a safe and peaceful day with friends and/or family.  Today I am grateful I can share an abundance of food on my table, have a roof over my head, enjoy a good real estate market, and am surrounded by friendship.      Thankful I will have a warm meal on the table, and don't have to travel far to enjoy this day! May your life be filled with good things to be thankful for as ours are filled with thankfulness for you. We tend to forget that happiness doesn't come as a result of getting something we don't have, but rather of recognizing and appreciating what we do have.      Frederick Keonig      
Comments 20
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
 This annual event brings authentic German and European holiday traditions to Denver! ​The Market opens every year on the Friday before Thanksgiving and lasts through the 23rd of December. The event offers an authentic German holiday experience, including opportunities to meet St. Nikolaus, Krampus, and the Christkind herself.  Guests can savor the season as they enjoy authentic Glühwein, Bavarian-style Biers, European coffee, or hot chocolate while wandering through the Market. Each charming wooden hut offers finely crafted artisan gifts and holiday treats sold by local Coloradan and international merchants. Guests are invited to enjoy live entertainment while snacking on Bavarian-style pretzels, fresh smoked salmon, or Goulasch with their family and friends.Also enjoy the Mile High Tr...
Comments 14
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
Golf magazine ranks golf courses around the United States, and 11/12/24 has released its list of the top 100 courses.They use a panel of design aficionados - 127 of them scattered across the globe.   Their handicaps range from +5 to 15.   There's a 52-year gap between their youngest and oldest panelists.  Some have teed it up at over 2,000 courses, others at merely several hundred.Here in Colorado, we are lucky to have two courses that ranked in the Top 100 -  #37 Ballyneal in Holyoke, CO  built in 2006#91  Cherry Hills in Cherry Hills Village built 1923 For those golf enthusiasts, here are the top 3 - #1 Pine Valley in Pine Valley NJ - built in 1918#2 Cypress Point in Pebble Beach CA - built in 1928#3 Shinnecock Hills in Southampton, NY - built in 1931   
Comments 22
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
 Colorado has already had a taste of winter weather this month, but some things still need to be done annually.  Homeowners should have already unhooked their hoses, as we have had a few nights below freezing.   Anytime we see overnight temperatures below freezing, this could damage the spigots. Here are a few items you should winterize  --  Fertilize lawn for its last feeding Check for drafts - use a candle around doors and windows Blow out sprinklers (may be too late) Check fire extinguisher Check all windows for broken seals and be sure they shut & lock Give the deck one last coat of sealer Inspect your roof for shingle damage, or call a roofer Clean rain gutters and downspouts Check around the foundation for any pipes/ducts coming from the house to see if there is additional caulkin...
Comments 14
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
In Denver, it has been a very mild Fall, and we have enjoyed several 70 and 80 degree days!   We have been 10-15 degrees above normal temps lately.This week we COULD see a flake or two in the City, and the mountains will see some much needed snow.   Wolf Creek has opened for skiing for the season, with only a 13" base.   The average day for the first day of measurable snowfall is October 18th.  We missed that date this year!For as many years as I can remember, it is usually cold for Halloween, and the kids have needed to wear some warmer clothes under their costumes.    This year it will be a 58 degree day, so not too bad. I like the mellow weather, and the snow can take it's sweet time coming to Denver! 
Comments 39
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
This past client ended up not moving out of state, which was her plan.  Sometimes those plans get derailed for one reason or another!    I was lucky enough to assist her with her purchase in the Denver metro area, and we did view homes in many parts of Denver and surrounding cities! This was the best one, in the best condition, and now she is the new owner!  Congratulations to my buyer, and look forward to visiting once she gets settled and see what she does with her decor.
Comments 22
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
 The rates decreased this past week, and we saw a flurry of activity in and around the Denver metro area with buyers securing their Dream Homes!   So good to see, as it has been a strange year with rates too high for most buyers.The state are out for the month of August, and the numbers reflect this strange year.   Inventory is up, sales were down, yet the value of homes continued to rise.We are seeing approximately 1/10 of the homes currently active go pending each week.   About 300 properties come back on the market each week, and this week (9/10/24) we saw around 1,800 price reductions.  Typically after Labor Day we see the market pick back up, but still not at the same pace we see in the Spring.   If the rates drop again (with the Fed announcement mid-September), we should continue ...
Comments 6
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
When a homeowner wants to list their home, they usually know what they want to list their home for.   I recently went on a listing appointment, and he is down the street from my client.    Because they did so much in their backyard, he automatically thought his home was worth much more.So much goes into the value of a home.On top of these points, it matters whether you are comparing to a similar style.  Ranch homes are usually worth more, as more buyers would prefer a ranch, no matter what their ages.    Do you back to open space?  Do you have mountain views, or a smidge of a view?   What is the lot size?   Land matters! Over my many years in the business, I have been to several classes with the instructor being an appraiser.   They have given us a basis of what values are depending on ...
Comments 16
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
Unfortunately, we are seeing many moving out of Colorado.   Our taxes and insurance (on homes and cars) are out of control!   Our property taxes are still not like they are on the East Coast, but rising so fast, that homeowners are having issues paying their mortgage payments.Although rates are still higher than they have been for the last several years, and inventory is plentiful, home values are still increasing.   They are increasing slower, but rising.I always ask a few questions, as the answer cannot be a "canned answer".   Each and every situation is depending on that family's situation.    So you plan to purchase in the new location?   Do you need a down payment, or have a savings you can use? I do recommend if you are moving out of state, contact a property manager to manage you...
Comments 13
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
I was so hoping after putting this home on the market, it would see a good offer BEFORE  I left for vacation.  Didn't happen, so my trusty colleague who diligently watched my business negotiated the contract and inspection issues before I returned.Yesterday, my seller closed on this home, and will be moving to Florida in about a week.    She wants to get closer to the ocean (and we don't have much water around here).We had a discussion yesterday, she bought the first home 23 years ago, and have been good friends ever since.   It was such a pleasure watching her family grow into wonderful adults (some are still teenagers).Wishing the seller the BEST in her next chapter of life, and hope to come & visit you someday!
Comments 11
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
After a flurry of showings, many buyers had interest, but this home needs a bit of work still, and many buyers did not have the funds to do these repairs/updates.   It took a special buyer, and that very buyer found this listing!It was unfortunate a severe hail storm happened right after going pending, and the roof needed replacing, but the Seller stepped up, and will be completed today! Congrats to my Seller and my colleague who did the negotiating of this contract while I was on vacation!
Comments 13
By Derek and Mariana Wagner, The Artisan Group - Colorado Springs REALTORS®
(The Artisan Group- Keller Williams Premier Realty )
Discover your urban sanctuary in this charming 2 bed, 1 bath condo, nestled in the vibrant heart of Capitol Hill. A gem in Denver metro, this home promises an unmatched lifestyle of convenience and culture. Step inside to find a home that radiates warmth and comfort, with a spacious layout that invites you to relax and unwind. The updated kitchen, boasting sleek stainless steel appliances, is a cook's dream, offering the perfect blend of functionality and style. Natural light floods the space, highlighting the thoughtful updates and making the condo feel open and airy. But the allure of this condo extends far beyond its walls. Located in one of Denver's most walkable neighborhoods, you're just minutes from the lush expanses of Cheesman Park, the enchanting Denver Botanic Gardens, and an...
Comments 0
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
 If you are looking for an attached property near the Denver Tech Center (DTC), this neighborhood could fit the bill.   Those who choose not to do exterior maintenance on their property - this is it!    No lawn work, no house painting, and no snow removal is needed by the homeowner.  Stoney Brook is located south of I-225, West of Yosemite, and North of Belleview in zip code 80237.    This community has a picturesque & park-like feel with plentiful mature trees, bushes, plants, and ponds.    You will find both townhomes and condos, but all have two-car garages.   These properties were built from 1971 to 1992 and have from 1,020 to 2,872 square feet above ground, and all townhomes have basements, some are finished.    The condos have a storage unit.  The townhomes have fenced-in small ba...
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