Columbine Country Club (Littleton, CO)
By Brian Petrelli, MBA, GRI
(The Brian Petrelli Team - Metro Brokers)
It's been a busy week for our team with several clients interested in Columbine Country Club Littleton Homes. Demand for Littleton Homes remains very high as Buyers continue to struggle tofind homes on the market. We know the challenging market is creating a rough time for many buyers. We wanted to share some of the most recent statistics here.Some of the Key Points: There are Currently 4 active Columbine Country Club Homes on the market. There are currently 342 active Littleton Homes on the market. There are Currently 0 under contract Columbine Country Club Homes on the market. There are currently 468 under contract Littleton Homes on the market. There are 4 Littleton foreclosures on the market. Average prices decreased ($824,000.00) over the last year from $871,000 to $1,695,000. We w...
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By John Marshall - FORE!, Specializing in Golf Course Properties
(LoKation Real Estate)
Deal of the week this week is in the Columbine Country Club Neighborhood at 19 Village Drive Columbine Country Club- As a buyers agent I am constantly searching homes in my area for buyers, occasionally I will come across what I believe to be a very good deal on a home, now I have not physically been to this house, but I know that it is hard to find a lot in this neighborhood for under $400K and this is a 5000 square foot ranch. Most of the homes in this area surrounding Columbine Country Club start in the mid $500Ks and will top out at over $2M. Apparently I am not the only one that felt this was a bargain, I searched this area yesterday and as I started to write this blog I researched the market again, this home is now under contract. Ow well, you've got to be quick to get the really ...
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The average home price in Metro Denver increased +2% in the full year 2005 to the full year 2006. Comparing 2006 to 2007, the average home price across the metro dropped 3%, to $303,000. The average price in the first three quarters of 2008 was $272,000 vs. similar period of 2007 was $308,000: an 11% decrease. These numbers will be slightly different than Metrolist, as they are just Denver Metro and don't include outlying areas like Colorado Springs or Boulder.Much of the decline is a mix issue. For example, sales volume of homes over 4,000 square feet has plummeted in the last twelve months. Middle-market homes have generally been steady in their sales volume. Very inexpensive homes under 1,000 square feet have greatly increased their sales volume. You can explain it to your clients li...
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By Darren Kreski
(Your Castle Real Estate)
The big message has not changed since last quarter - it's still a great time to be a buyer in the condo market. Prices are at a three year low in many areas, and interest rates on mortgages are still historically low.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 nine months of 2008 vs. the same time period in 2007, the price dropped 6%: from $181K to $172K. Homes dropped 11% in that time period. From their peak prices in 2006, condos have dropped around 9.5% while homes have dropped 12%. These numbers will be slightly different than Metrolist, as they are just Denver Metro and don't include outlying areas like Fort Collins, Colorado Springs, or Boulder.Some areas did better ...
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By Darren Kreski
(Your Castle Real Estate)
Investor often ask me what types of real estate investments are available on the market.  Here's what we tell them. This is the first of several postings on the topic. Please offer comments - positive or negative! Assignments.  If you don't have much equity to work with, and/or if your credit power is limited, assignments can be a way to get started in real estate investing.  You will need to have a strong "sales" personality to succeed at it, though.    Rental Condo or Rental Home.  Purchase of a residential property to be rented out to tenants, usually on a 6-12 month lease term.  This is how most new landlords get started.  You can hire out all of the property management functions, but in many cases you will do many of them on your own.  There are smaller down payment requirements th...
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Littleton, CO Real Estate Professionals