Jun 13, 2007
Well, it all depends on which index you're looking at . . .
The statistic used most often to gauge the market is "average home price." According to that index, home prices in Denver rose 2% -- from $305,000 to $313,000. That increase, however, was not spread equally across all neighborhoods. There were high increases in neighborhoods like University Park (26%) and Cherry Creek (23%), while other neighborhoods took a dive. (Swansea down 17%, Barnum West down 13%, Clayton down ... Read More
Jun 12, 2007
I have a buyer who went under contract tonight.
Six months ago, he made an offer on the same property. It had just gone on the market, and he offered $10,000 under their asking price, in cash. In negotiations, he came up to $5000 under asking price. They said "no" because they wanted their full asking price.
Now, six months later it was still on the market, so we came back to them with our original offer, 10K under asking, ... Read More
Jun 11, 2007
I've wanted to live in Riverfront Park ever since I first saw the plans. It would just be so cool to have so many parks, shops and restaurants right in my neighborhood, while still being able to easily walk to downtown and the hub of the Light Rail system.
Okay, so I don't live there yet, but I do have a mighty nice listing there, in the Glass House. These two towers sold out almost immediately when they were released last ... Read More
Jun 11, 2007
When is an older house new again? When the owners have taken amazingly good care of it, updated it to look and feel contemporary, and made sure everything was in tip-top condition!
You can't buy a new house like this in Arvada, or anywhere else in the metro area, for $221,300. But this 1973 beauty is listed for just that. I had the place pre-inspected before we listed it, and the owners went way above and beyond to ... Read More