Within the first week of showings this property in the Bel-Vue Heights neighborhood went under contract. More anecdotal evidence that home buyers are ready and willing to buy these well cared-for homes in good neighborhoods. This property was listed by Bev Groth and was priced at $337,500 with 4 bedrooms and 3 bathrooms. http://www.Obeo.com/738235 For more information… [Read More]
Homebuyers Looking in Littleton
Last weekend I was out with some clients getting started with a new home search. They are looking for a home to raise a family in the Littleton area. We would consider Centennial, or Greenwood Village. We’re exploring neighborhoods at this point and the neighborhoods that looked appealing were The Hamlet, Overlook, Homestead, and Bow… [Read More]
Denver Area Real Estate Stats
Here are some stats on the residential real estate market as reported by Land Title based on MLS information: Residential Highlights 20.8% increase in number of closed sales compared to June 2011 (3,981) 16.8% increase in number of closed sales year-to-date (17,628) -48.4% reduction in absorption rate (2.2months) 11% average increase in price for homes… [Read More]
New Listing in The Knolls
We have a very nice listing in The Knolls, the neighborhood we have been selling in for over 30 years. The Knolls has so many nice things about it: pool, tennis courts, greenbelts, great schools, swim team, nice sized homes, larger lots, mature trees. WE LOVE THE KNOLLS! I grew up there and Bev and… [Read More]
Chief Economist for NAR Changes Predictions
Chief Economist Lawrence Yun for the National Association of Realtors predicted housing starts for new construction to surge 70 percent, or home prices to increase 10 percent, but not both. The Denver Post reported this on Sunday, June 23rd. This was a change from his earlier prediction that home prices would increase in 2012 from… [Read More]
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