Highlands Ranch, CO Real Estate News

We had some quality activity in Firelight this week.  While historically October isn't a big month for market activity I'm pleased to post that there are currently 10 homes under contract in Firelight.  Of which three contracted since my last update (in the last 10 days)2649 Westgate, Firelight, Highlands Ranch, CO  is under contract after only 15 DOM (Days on market)10733 Ashford Circle, Firelight, Highlands Ranch, CO is under contract after 55 DOM2794 Pemberly Ave, Firelight, Highlands Ranch, CO is finally under contract after 195 DOM after almost $50k in price reductions over the last 6 months.There has been one closing in Firelight in the last few days:10688 Riverbrook Circle, Firelight, Highlands Ranch, CO, a two story Berkeley greyrock sold after 30 DOM for $305,000.Overall we hav...
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By Jennifer Steck, Denver Real Estate
(Rocky Mountain Homescapes, Keller Williams, Denver Colorado)
Third quarter real estate statistics show that Highlands Ranch and Lone Tree are averaging a lower absorption rate in comparison to other featured areas, which can translate into quicker home sales. Considering Absorption Rate is one way to measure the health of our real estate market. Absorption Rate designates the number of months of housing supply on hand. The larger the supply, the more competition there is for sellers and the higher likelihood that prices will drop or concessions will be offered. Second quarter statistics showed seven areas that were considered sellers' markets. The quarter, we only have three. The market has definitely slowed.More Months of Supply = Buyer's Market = Possible Reduced Pricing and/or Concessions Fewer Months of Supply = Seller's Market = Possible Pri...
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By Steve Scheer, Highlands Ranch Real Estate - Denver Real Estate
(Realty Oasis - Metro Brokers)
Denver Homes & Real Estate in Denver & the Suburbs- September 2007 Summary As I did last month, here is a summary of the September blogs that I wrote in regards to Denver real estate and Colorado living in general.  Many of the pieces featured were in regards to events that are still occurring or about to, so its not too late to check them out.   Denver Real Estate - Related News & Thoughts Relating to homes in the Denver Area  Highlands Ranch Real Estate - Highlands Ranch New Construction  9/8/2007 Denver Real Estate - Plan on Eating Your Thanksgiving Turkey in Your New Home? 9/22/2007 Denver Real Estate - Why You Should Use The Loan Officer Your REALTOR® Recommends 9/22/2007 Denver Real Estate - Why Do I Write About Local Businesses? 9/23/2007 Denver Real Estate - Living in Metro Denv...
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One of the things about blogging real estate information is that it's a learning process for both reader and writer.  I've been selling homes and maintaining a market conditions report for my own office for years-- actually I started in 1996.  But to produce something that's worthy of sharing with the public is a different story.  So I've been experimenting with various graphs and statistics that I think are helpful and plotting them with different styles. This graph is for Firelight, Highlands Ranch, Colorado and gives a visual indicator of what's been going on.  Although Firelight hasn't been experiencing the crazy boom days of 2005 anymore it still performs pretty well.  In my opinion this is because of the intrinsic value that Highlands Ranch offers along with the specific great att...
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Firelight in Highlands Ranch, Colorado.  Yesterday I gave an overall summary of recent market activity in Highlands Ranch and Today I want to focus on Firelight.  Firelight is a terrific community in South Highlands Ranch with many great features including fast access to the new Southridge Rec Center, http://www.hrcaonline.org/Fac_Southridge.asp  which is loaded with amenities, great public schools within the Douglas County School District: http://www.dcsdk12.org/portal/page/portal/DCSD including: Mountain Vista High School - grades 9 - 12   boundary map  MountainVistaHighSchool                          Mountain Vista High School Feeder Doc Size: 238.50 KB Mountain Ridge Middle School - grades 7 - 8 see the boundary map                     Mountain Ridge Middle School Doc Size: 331.10 K...
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By Bob Maiocco
(8Z Real Estate)
As we get closer and closer to the Big Pumpkin Holiday.  I thought I would relay the anouncement I received from the Highlands Ranch Chamber of Commerce.  They are in need of volunteers and sponsors for the annual Treat or Treat Street!   This event will be held on Saturday, October 27th, from 11:00 a.m. - 2:00 p.m. at the Eastridge Rec Center.   For more information contact the Chamber office at 303.791.3500 or cchrinfo@highlandsranchchamber.org to be a sponsor or to volunteer.What a great way to promote your local business while meeting your neighbors and having a great time!  I hope to see you there. 
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By Bob Maiocco
(8Z Real Estate)
Highlands Ranch finished September very strong relative to all of the "Sky is Falling" news in Real Estate lately.  Our average price for a sold home in Highlands Ranch and Lone Tree combined increased quite a bit from the end of August.  We started September at about $343k and finished at about $383k. Although we had fewer sales in September than we did in August, that is a typical seasonal pattern.  I generally help home sellers understand that when the number of new listings decreases at the same time the number of under contract homes increase-- it's a good time to list their home to sell.  That happened twice in September in Highlands Ranch.  The second week of September we had a good dip in new listings while 3 weeks in a row our new under contracts increased over the previous wee...
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By Steve Scheer, Highlands Ranch Real Estate - Denver Real Estate
(Realty Oasis - Metro Brokers)
The Highlands Ranch Town Center is a "newer" area in Highlands Ranch and is centered around a unique shopping area for Highlands Ranch and community space.  There are a variety of shops & restaurants in Town Center and some are really great.  Although it is nearing a completion look, there is still even more building to be done at Town Center.  There is a lot of speculation of what is still to come and what will fill the few vacant spots that are already completed.  But there are already so many great places in Town Center - One of my favorites is the Tattered Cover- an independent bookstore that is great for shopping, browsing or enjoying a cup of coffee.  I have long been a patron of the Denver location of Tattered Cover, so it was very nice when they opened up shop here in Highlands ...
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By Steve Scheer, Highlands Ranch Real Estate - Denver Real Estate
(Realty Oasis - Metro Brokers)
Denver Home Buyers - Use the Loan Officer Your REALTOR® Recommends - They Do So For A Great Reason! I write this to my future Denver real estate clients, and all of the clients of the world out there.  In the last year or so, I personally have recognized a growing trend in my own real estate business.  Many of my clients don't seem to want to use the loan officer that I may recommend to them.  And for the most part I don't get it.  Because of that, I have been involved in so many internet loan fiascos in the past 12 months than I care to remember, as recalling them just brings back the headaches.  So, just to clear a few things up.  I recommend specific lenders for a reason.  I like them.  Why?  Its not that I like them personally (Well, I do, but that's not what I am getting at).  I li...
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By Steve Scheer, Highlands Ranch Real Estate - Denver Real Estate
(Realty Oasis - Metro Brokers)
Highlands Ranch always has an abundance of activities - that is just one of the reasons that Highlands Ranch is such a great place to live.  The fall in Colorado has always been my favorite time of year in Denver and having so many great things to do practically in my backyard makes it even better. Here are just some of the activities coming up in Highlands Ranch.  Enjoy!  Highlands Ranch Farmer's Markets - Highlands Ranch Town Center - Sundays through October 28th - 10 am - 2:00 pmThe farmers markets are always great fun and I can't wait to see if my kids find their perfect pumpkin at the Farmer market this year or elsewhere.  Beer Tasting at the Highlands Ranch Eastridge Recreation Center  - This looks like a fun event - The Rock Bottom Brewery will offer a sampling of their famous Co...
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By Steve Scheer, Highlands Ranch Real Estate - Denver Real Estate
(Realty Oasis - Metro Brokers)
Plans are now Available for new Highlands Ranch Park - Fly'n B A few days ago I posted a blog about the announcement of a new park in Highlands Ranch on the land that was once the Fly'n B Ranch.  You can read that previous post here.  There was a meeting about the parks development, this past Monday night, and now the preliminary plans are available online at the Highlands Ranch Metro Districts site.  Check them out here.   As I have stated before, I ride my bike past this land almost every day on the High Line Canal trail, so I was indeed curious what was going to occur.  I also love to take my kids fishing, an d when I heard that there would be a fishing area, I was definitely interested in knowing.   I also enjoy providing my clients with what is new in Highlands Ranch, so I stay on ...
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By Steve Scheer, Highlands Ranch Real Estate - Denver Real Estate
(Realty Oasis - Metro Brokers)
NOW THAT YOU ARE MOVING TO HIGHLANDS RANCH - WHERE ARE YOU GOING TO GET A DECENT PIZZA?  One of the most frequent questions that I am asked, once someone has decided to relocate to the Denver area, is about restaurants.  That may seem odd, I am a REALTOR® afterall - but think about it.  People are coming to a new place and may know virtually no one -or even how to get around.  Who better to ask, then your local expert, right?   People always want to know where to eat, who has the best food, at the best prices and the like.  One of the most common types of food I get asked about is Pizza.  So if you are moving soon to Highlands Ranch, you are in luck.  Here are a few of my family's favorite pizza joints in or very near Highlands Ranch.  All are actually different from each other, so yes,...
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By Steve Scheer, Highlands Ranch Real Estate - Denver Real Estate
(Realty Oasis - Metro Brokers)
Highlands Ranch Homes - Market Update - Westridge Pointe Neighborhood -  Activity May through September 15, 2007 The Highlands Ranch real estate market for Westridge Pointe is still holding steady.  The name of the game is PRICE!  The homes in the best shape at the best price will sell.  There are buyers.  I have seen a good deal of new buyers that are specifically interested in Westridge Pointe on a regular basis.   The number from the past 4 1/2 months definitely affirm that, the homes that have been sold have been in excellent condition and they have been priced right.  Buyers are savvy and they are not going to overpay for your home. Here is what has been happening in the real estate market for Westridge Pointe - Highlands Ranch There are currently 17 homes Active on the market in W...
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By Steve Scheer, Highlands Ranch Real Estate - Denver Real Estate
(Realty Oasis - Metro Brokers)
There are couple of words & phrases that have become some what synonymous with Colorado: Rocky Mountains 300 Days of Sunshine Beau Jo's Pizza Broncos, Av's and Rockies Vail Altitude Sickness Boulder and of course...Aspen Trees.  And while our aspens our absolutely lovely in the mountains, many people, especially when they first move to Colorado, think they are also absolutely perfect for their brand new home on the front range - nothing like really looking  "Colorado", right?  In fact some nurseries and garden stores will tell you that they are the #1 requested tree by tree-shoppers in the Denver Metro area.  But should they be?  Probably not. The truth is, that Aspens just do not do so well down here on the front range as people would like to think. There are a couple reasons for this....
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By Ben Hargis
(VR Business Brokers)
Industry experts say now is the time to get in the liquor business. Liquor Licenses are going up in value. Valuation tip: 6 times monthly sales, plus inventory, OR 55% of annual sales.                                      
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By Steve Scheer, Highlands Ranch Real Estate - Denver Real Estate
(Realty Oasis - Metro Brokers)
Fly'n B Ranch to become Community Park in Highlands Ranch, Colorado Since the time I moved to the Westridge area of Highlands Ranch I have often rode the Highline Canal Trail and enjoyed passing through Fly'n B Ranch, lush with its mature trees and ponds.  And off in the distance, you could see a clearing, where the owner would take-off and land his small plane.  May times I could even hear a plane a-buzzin' and see it rise above the trees and later descend to land, right from my back patio and I always figured it was from Fly'n B (perhaps you saw the giant sign off of County Line Road with the Bumble Bee, but never quite knew what it was).  Well, times a change, and as we all know the story goes, the Fly'n B Ranch was sold to Erickson and the Wind Crest Retirement Community was built. ...
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By Steve Scheer, Highlands Ranch Real Estate - Denver Real Estate
(Realty Oasis - Metro Brokers)
New Construction in Highlands Ranch - What's left? If you have lived in Highlands Ranch for any amount of time, you know that the new construction that has been going on for years, is starting to near a close.  And if you are looking to move to Highlands Ranch, if you don't know that yet, you will know.  But there are still options available for those that want to purchase new construction in Highlands Ranch.  New Construction Homes in Highlands Ranch are now limited to a few areas and house do range a bit in price, although the majority of what is being built now lies more on the higher end of the spectrum.  According to the Highlands Ranch Fact Sheet, build out is not going to be completely finished until 2015, but the areas that are left comprise a much smaller percentage than what w...
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By Steve Scheer, Highlands Ranch Real Estate - Denver Real Estate
(Realty Oasis - Metro Brokers)
HIGHLANDS RANCH, CO - HIGHLANDS RANCH REAL ESTATE & HOMES SALES NUMBERS FROM AUGUST 2007 REAL ESTATE MARKET REPORT Here are numbers for August 2007 regarding the real estate activity in Highlands Ranch, Colorado.  I feel like I keep singing the same tune, but its not just about your Highlands Ranch location anymore.  Its about the price of your property.  If you need & want to sell your home, you need to seek the advice of a seasoned real estate professional and price your home correctly.  Buyers are smart and savvy and they will not over pay for your home.  Overall, Highlands Ranch real estate is doing well, especially compared with other parts of Colorado and the nation.  So, here are the numbers for Single Family residential homes in Highlands Ranch:  On September 1, 2007 there were ...
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By Steve Scheer, Highlands Ranch Real Estate - Denver Real Estate
(Realty Oasis - Metro Brokers)
Highlands Ranch Homes & Real Estate - August 2007 Summary I saw a blog today by a fellow real estate blogger, Colleen Kulikowski of Celebration Florida and I thought she had a nice idea for her readers.  I often do summary of different topical articles that I have provided, but Colleen had provided her readers with a summary of the whole month of her articles.  Thanks for the idea Colleen. With that said, here are topics I covered here for August 2007 in Regards to Real Estate in Highlands Ranch and living in Highlands Ranch, Colorado.   Highlands Ranch Homes & Values & Availability Despite national media reports, the real estate market in Highlands Ranch has not been as bad as it has been made out to be.  There are of course some areas of homes in Highlands Ranch that do better than ot...
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By Steve Scheer, Highlands Ranch Real Estate - Denver Real Estate
(Realty Oasis - Metro Brokers)
Timberline Ridge Neighborhood & Homes, Highlands Ranch, Colorado The Timberline Ridge neighborhood is located in Highlands Ranch, CO - Douglas County.  Timberline Ridge is just south west of University Blvd and runs through the most eastern part of Venneford Ranch Road.  Here is a google map of Timberline Ridge.  The zip code for Westridge Pointe is 80126.  Highlands Ranch is well known by four quadrants; Northridge, Southridge, Eastridge and Westridge.  Timberline Ridge is located in Northridge, but is quite close to the Eastridge area as well.   Most homes of Timberline Ridge are are built by Beazer/Sanford.  The homes in the neighborhood have a wide range depending on many factors but currently range from approximately $260,00 to $500,000.  Some of the determining price factors are s...
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