I have a buyer who's trying to decide between Thornton and the northwest Denver Highlands area. Well, he's actually pretty well decided, but I did some research anyway, to demonstrate that all real estate is TRULY local, right down to the neighborhood. I checked sold statistics for each area over the past 12 months. What I found was fascinating. Let's start with Thornton, a suburb north of town. I have other buyers under contract up there, and I've been amazed at ... Read More

So what happens if you have to sell you house in a down market? Say you’ve been transferred. Or you got married, and two houses is one more than you need. Or your family is growing, and more square footage is now a necessity instead of a luxury. Or you need to downsize your home to meet your newly-downsized income. As I said last time, (did I promise to write again “tomorrow”?) that isn’t necessarily a bad thing in ... Read More

In a word (or two), “it depends.” Obviously, conventional wisdom says that you don’t want to sell when prices are at their bottom. So, in general, if you don’t have to sell right now, you might want to think about staying put. There are, however, a couple of caveats to that. First of all, what do you do if you’re selling in order to buy a new place here in town? You want to get in on the great deals inherent ... Read More

So I’m sure at least some of you were reading yesterday’s post about the Denver real estate rebound, and kinda got stuck at the part about the average home price dropping 14.8% in the past year. "Did my house drop 14.8%?" Don’t panic. It probably didn’t. Heck, it may have even increased in value. It all depends on where you live. All real estate is local. Not just “local” as in “city.” “Local” as in “neighborhood.” When you average the ... Read More