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 l... 10/15/2008

If you have not heard already, the inventory of home on the market in Denver has been declining. This is not true in many regions of the county. Your clients, who often only see national headlines, might not be aware of this favorable news. Our market has some unusual factors at work. Let's explore them, so you can better help your clients.If you look at the first chart (MOI 1), you'll see the MOI (months of inventory) for Denver's suburbs on the bottom axis and the average sales price in that suburb on the axis on the left side. Denver metro currently has about six months of inventory (a balanced market, on average), but you can see there is a lot of variety from one city to the next. Lower cost areas, such as Thornton, are seeing inventory move fast. Sellers (mainly banks) don't have... 10/15/2008

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... 10/15/2008

Shopping Malls in Denver ~ Park Meadows in Lone Tree, Colorado Relocating or moving to Denver Colorado? When you move to a new city whether it is just from across the state or from across the country, there are many things to find out about your surroundings as you settle into your new neighborhood. One of the important things for us shoppers is to find out ~ Where are the Shopping Malls in Denver? Denver has several great malls to choose from and to find just the things you are looking for (and more).  Park Meadows Mall - The Best Mall in Denver Park Meadows is acclaimed by some to be the Best Mall in Denver. Located in southern Denver at the Northwestern corner of I-25 and C-470, Park Meadows is truly a shoppers paradise filled with some 160 fine, up-scale designer and specialty store... 10/14/2008

Home Sales in Heritage Hills Lone Tree CO - Sept 2008 In September 2008 one home was sold in Heritage Hills in Lone Tree. Three homes are currently under contract. The home sold was in the Enclave section of Heritage Hills and it was on the market for only 6 days (DOM = Days on Market). The finished square footage of the sold home is actually more that the listed 1845, since the basement is finished, but not calculated in the above ground square footage listed here. Address Bed Bath SquareFt List Price Net Sold Price DOM Price/SF 9565 Silver Hill Cir* 4 4 1845 539,000 $523,908 6 $292 Here are the numbers of homes sold per month in Heritage Hills within the last year. Currently there are 41 homes for sale in Heritage Hills in Lone Tree Colorado. One of the available homes is listed as sh... 10/05/2008

Home Sales in Heritage Estates Lone Tree CO - Sept 2008 In September 2008 no homes were sold in Heritage Estates in Lone Tree. One home is currently under contract. The lowest sold price of home sold within the last year was $900,000 and the highest $2,700,000. The average price per square foot was $324/sf, ranging from $$217/sf to $499/sf. The average days on market (DOM) was 385, ranging from 156 to 566 DOM. Here are the number of homes sold per month in Heritage Hills within the last year. Currently there are 14 homes for sale in Heritage Estates gated community in Lone Tree Colorado. The price range of the available homes varies from $1,186,000 to $3,490,000. The price per square foot ranges from $237/sf to $755/sf. The longest a currently active home as been on the market in Herita... 10/05/2008

Carriage Club Lone Tree CO Homes and Real Estate - Sept 2008 In September three homes sold in Carriage Club in Lone Tree and one lender owned house is currently under contract. One of the homes sold in September was a bank owned home (on Dunsford).  The days on market (DOM) are listed as current days on market / total days on market. If you see only one number that means the current days on market is the same as total days on market. Address Beds Baths Square Feet DOM List Price Net Sold Price Price/SF 7538 Lebrun Ct* 4 4 2284 79 $428,000 $418,289 $186 10400 Dunsford Dr* 4 4 4361 34 $599,900 $631,250 $145 8008 Witney Pl.* 4 4 3496 76/257 $749,900 $721,000 $206 Here is the number of homes sold per month for the last 12 months in Carriage Club in Lone Tree CO. Currently there are a 12 hom... 10/03/2008

Lone Tree CO Homes and Information - Post Office in Lone Tree Relocating or moving to Lone Tree Colorado? When you move to a new city whether it is just from across town or from across the country, there are many things that you are trying to find out and learn as you settle into your new neighborhood. You have come upon a series of posts giving you information about where things are in your new city - The City of Lone Tree. POST OFFICE Where do you find a post office in Lone Tree? A Smaller, yet convenient Postal Services Unit is Located on west side of S. Yosemite St, across the street from the Lone Tree Entertainment district. The post office houses a corner suite of a strip mall on the south side of Maximus Drive. This Lone Tree post office unit is open: MON through FRI ~ 7am to 7 p... 09/30/2008

Fun things to do around Denver - Indoor SKYDIVINGIndoor Skydiving in Lone Tree Colorado You got it - Skydiving - Whoa! Are you looking for fun things to do around Denver? Get ready for some extreme FUN! Now you can try indoor skydiving - flying - in a vertical wind tunnel in Lone Tree, and specifically at Sky Venture Colorado located in the Lone Tree Entertainment District, south of Park Meadows Mall.  Here is what some say after skydiving: YEE HAA.... Now that was EXHILARATING! WOW, what an ADRENALINE RUSH! That was AWESOME! UNREAL! I want to do THAT AGAIN. It is absolutely a thrill of a life time. I could talk about skydiving all day long, it's in my blood. But lets move along... To experience flying, you do not have to get on a plane. Head out to Lone Tree Vertical Wind Tunnel for so... 09/23/2008

Lone Tree Homes and Information - Grocery Stores in Lone Tree If you are moving to Lone Tree CO, one of the things you will be asking is - Where to I go grocery shopping?There is no Publix, or Ralph's or Harris Teeter's in Lone Tree or anywhere in Colorado. The largest Grocery Stores are King Soopers and Safeway in Colorado. Here are the two grocery stores in Lone Tree. Safeway - located at Northeast corner of Lincoln Ave and Yosemite St Address: 9229 E Lincoln Ave, Lone Tree  Super Target - located at the southeast corner of Lincoln Ave and Yosemite St Address: 10001 Commons St, Lone Tree Two popular membership stores are located in Lone Tree as well: Sam's Club is located South of C-470 and East of Quebec in Lone Tree and the usually very busy Costco is located in Lone Tree, just sout... 09/21/2008

Meet the men/women in Blue - Lone Tree Police Department STOP. MOVE IT. MOVE IT.    THIS WAY PLEASE.Lone Tree Police Dept. is OPEN! That is the LTPD is having an open house. Activities, displays, safety classes, fun and food is in store for you during this event. What can you expect to see: SWAT and CSI displays, 911 simulator, M.A.D.D., child identifications and more. Important and informative safety classes will be offered including Smart Choices (for teen and pre-teen drivers). Mark your calendars! WHEN: SAT Sept 27th from 10 AM to 3 PM WHERE: Lone Tree Police Dept. located at 9220 Kimmer Drive in Lone Tree. Disclaimer: Kenna and Co. Blog does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warrant... 09/19/2008

  Lone Tree Luxury Homes and Properties You can find numerous Luxury Homes and Properties in Lone Tree Colorado. Many are situated along well groomed private golf courses. Many Luxury homes in Lone Tree have beautiful views, sometimes including both city and mountain views. The over one million dollar luxury homes and properties in Lone Tree can be found in two communities within Lone Tree: Heritage Hills and Heritage Estates. Both of the luxury home communities are gated and offer amenities such as golfing and community pools to their residents. Heritage Hills is located on the north side of Lincoln Blvd and east of Yosemite. Heritage Estates luxury home community is on south side of Lincoln and west of Yosemite St. Both Heritage Hills and Heritage Estates have custom luxury homes that... 09/13/2008

New or moving to Lone Tree - Useful Information -Part 1 Library in Lone Tree CO If you are moving to Lone Tree Colorado, one of the places you may be looking for is the local Library. Lone Tree Library - the "neighborhood" library is part of the Douglas County public library system and you are free to frequent any of the county's libraries, but the closest one you will find, which is the Lone Tree Library, is on the northwest corner of Yosemite St and Lone Tree Parkway. The Lone Tree branch is a smaller yet excellent library. You will find an assortment of materials, high speed internet, story times, book clubs and other events. You can also utilize the many online services Douglas County Libraries offer including placing holds on materials and downloading a number of audiobooks directl... 09/13/2008

Carriage Club Lone Tree CO Homes and Real Estate - Market Report Aug 2008 In August 3 homes sold in Carriage Club and 3 are under contract at this time.  Below are the monthly numbers of Carriage Club homes sold within the last year. Address Beds Baths Square Feet DOM Sold Price Price/SF 9982 Bronti Cir* 5 4 2285 129 $355,000 $155 7522 Bantry Ct* 3 3 2602 98 $420,000 $161 7755 Lebrun Ct* 3 3 2636 32 $482,500 $183 Currently there are a 9 homes for sale in Carriage Club in Lone Tree. Two of the homes on the market are bank owned properties and one is listed as short sale in Carriage Club. If you need to sell your house due to a hardship of some kind, Short Sale may be an option to sell your house. If you have questions about short sales please contact us directly as each short sale is un... 09/13/2008

Home Sales in Heritage Hills Lone Tree CO - Monthly Report Aug 2008 In August 2008 five homes sold in Heritage Hills in Lone Tree. Four are currently under contract. Below is a presentation of the recent Heritage Hills Homes sold. Address Bed Bath SquareFt Sold Price DOM Price/SF 9584 Silver Hill Cir* 4 4 2192 $545,000 14 $249 8999 Meadow Hill Cir* 4 4 2192 $630,000 381 $287 9186 E. Lost Hill Trl.* 4 6 4348 $875,000 456 $201 9418 Shadow Hill Cir* 5 5 3888 $1,100,000 15 $283 9617 Silent Hills Ln.* 4 4 4652 $1,499,000 127 $322 Currently there are 36 homes for sale in Heritage Hills subdivision in Lone Tree Colorado. Two of the available homes are listed as short sales in Heritage Hills, and none are listed as bank owned. It is quite rare to find bank owned homes in this subdivision and t... 09/13/2008

Ok, I'm new, but I think I'm addicted. If I think about what my time is worth, this is like a crack habit, except I am learning so much good stuff. Someone once told me "If you are in business, you should blog every day." I always thought it would be hard and something I could never do. Active ( Cracktive ) rain makes it so easy! But, just in case it gets any worse are there recovery groups for this? :-) My name is David and I'm a blogaholic...   -David N. Hubbard   -  Helping with real estate in Lone Tree, Colorado 09/12/2008

Lone Tree CO Restaurant Reviews - featuring The Brewery Bar III If you are in the mood for some great Mexican food, head out to the Brewery Bar III in Lone Tree Colorado. Located in the Entertainment District in Lone Tree, south of the Park Meadows Mall, east of Yosemite Blvd, the drive is not far even if you live in Highlands Ranch or Parker. Grab a lunch or dive in for dinner, Brewery Bar got you covered. Delicious food and casual, fun atmosphere, what else can you ask for. Margaritas you say? they are suberb too! During the week enjoy the happy hour between 3 pm and 6 pm. The menu is diverse and even if you usually stick with the "same-ol, same-ol", here you might slip and end up trying something different - nothing wrong with that! The Brewery Bar is famous for their chili rellenos ... 09/09/2008

Shopping for a Home in Heritage Hills in Lone Tree CO? Currently there are 40 homes for sale in the subdivision of Heritage Hills in Lone Tree Colorado. Two of the available homes are listed as short sales in Heritage Hills, and none are listed as bank owned. It is quite rare to find bank owned homes in the Heritage Hills subdivision and the few that have been available have sold quickly. Five of the 40 homes are Ranch Style. The prices vary from $450,000 to 1,489,000. The price per squre foot ranges from $161/sf to $440/sf. The average is approximately $277/sguare foot.   The days on the market for these available homes range from 7 days to 564 days. 23 of the homes have been on the market for 100 or more days. There are approximately 700 homes in the Heritage Hills and only a few more... 08/31/2008

Carriage Club Lone Tree CO Homes and Real Estate - Market Report Jul 08 Currently there are 11 homes for sale in Carriage Club subdivision in Lone Tree Colorado. One home is listed as bank owned and it has been on the market for 116 days. The average days on the market for homes in Carriage Club is approx. 84 days and the average Sold price $556,235. The Homes in Carriage Club, both active and sold range from $305,000 to $872,400. The average price per square foot is $166/sf. There are approximately 430 Residential Homes in Carriage Club Subdivision. There are homes that back to open space, homes near trails and homes in cul-de-sacs. This August so far two homes have sold in Carriage Club and 5 are under contract at this time. Two of those five under contract are bank owned homes. Below... 08/17/2008

Home Sales in Heritage Hills Lone Tree CO - Monthly Report July 2008 Currently there are 41 homes for sale in Heritage Hills subdivision in Lone Tree Colorado. Four of the available homes are listed as short sales in Heritage Hills, and none are listed as bank owned. However, occasionally a home that is bank owned is not advertised as such. It is quite rare to find bank owned homes in this custom homes subdivision and the very few that have been available have sold quickly. The average days on the market for homes in Heritage Hills is around 159 days and the average Sold price $862,304. The Homes in Heritage Hills, both active and sold range from $417,500 to $1,489,000. There are approximately 700 Custom Homes in the Heritage Hills Subdivision and only a few more new homes are being con... 08/17/2008