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Denver, CO Real Estate News

By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
 The rates are bouncing around this past month, and has been a bit slower, which is very typical this time of year.  The stats are out for the month of November, and the numbers reflect this month's slowdown.  Inventory is up over last year, sales were up over last year, and there is an almost 5% increase in the value of homes.  Active Listings    10,007      +28.2% over last yearPending Listings    3,399     +22.0% over last yearNew Listings         3,076         +3.4% over last yearClosed Listings       3,370      +10.4% over last yearDays on Market       46           +21.1% over last yearMedian Closed Price     $670,600     +2.9% over last yearAverage Closed Price    $672,456     +4.9% over last yearPercent of closed Price to List Price - 98.6%      -.1% over last year We are seeing ...
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By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
 Buyers coming into Denver, or buying their first property always have this question.   Most people have at least one pet, so this is a fair question.   In the Denver metro area, almost all condo buildings accept pets.   Some have a size restriction, some limit pets to two in a condo, and there are a few that do not allow pets of any kind.    In each listing, it will state if there are pet restrictions, so you don't fall in love, then find out there are restrictions.  In some condos downtown, there are areas on a certain floor, so you can take the pup for a walk, but must clean up after them. Looking for a condo in Denver - check out these listings for sale.  
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By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
The stats are out for the month of May, and the numbers revolve around the increase in interest rates.    With the increase it priced out a few first-time buyers, and some buyers opted out when they couldn't get what they wanted.   This slowed the market, but not drastically.   The inventory rose 13% for the month of May.   In the first quarter, we saw a high of around 2,000 listings, April's high hit 3,200 for one weekend, and May saw a high of 4,292.   It is almost mid-June and has hit 5,200. This data is courtesy of Joan Cox - House to Home, Inc. I track data daily for the Denver metro area and are seeing around 1,464 price reductions (30%) every week and around 300 homes returning to the market in a week's period of time.   Both of these numbers have been steadily increasing. See wh...
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By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
Buyers looking for a new home are looking for a safe environment.   Buyers are encouraged to consider these items to assist them in making a good decision.SafetyAs REALTORS, we are not allowed to discuss this topic, but there are many sights online with crime stats, as well as calling the local police to understand what has happened around the home they are considering.    Buyers can also check these sights for pedophiles (Megan's Law) in the area.AmenitiesWhat are you looking for in a neighborhood as far as amenities?   Would you like a pool, tennis court, playgrounds, common area, etc.?    These items are searchable fields and can locate neighborhoods with these features.    It is good to drive by these amenities and check the condition and ensure they are being maintained.Location Do...
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By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
This weekend has lots going on in and around the Denver metro area --- Parker Days FestivalPARKER — “Colorado's Hometown Festival” is back for three days of shows, carnival rides, food and more. Located on Mainstreet, the 45th annual Parker Days is loaded with festival booths, face painting, a silent disco, inflatable activities, music, crafts, axe throwing, buskers, and carnival rides. The free festival runs Friday, June 10, to Sunday, June 12. See the festival schedule at ParkerDaysFestival.com.Carnival on the PlazaAURORA — The City of Aurora is hosting the 2nd annual Carnival on the Plaza event on Saturday, June 11, from 11 a.m. to 3 p.m. at Fletcher Plaza, 9800 East Colfax Ave. Carnival on the Plaza is a free event with carnival games, ring toss, skee-ball, face painting, balloon tw...
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By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
  It is that time of year once again when we see afternoon storms pass over Denver almost every afternoon.   Some areas are spared, and some are hit hard with rain and/or hail.   Yesterday there were even tornado warnings around Colorado Springs. Lightning was plentiful, even if there wasn't much rain.   According to the experts, lightning rarely will strike someone directly.   The lightning usually hits another source, like a tree, and then is transferred to a person under the tree.    You are safe in a car, and in a home.  However, if lightning hits a home, stay away from the plumbing, that can transfer also.   This is a good reason to keep your trees trimmed so they are not touching your home. We are ranked 19th in the Country for the number of lightning flashes that hit the ground, ...
Comments 28
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
All bids for the Denver Bronco football enterprise were to be received by 3 pm on Monday, and there were several bids received.It does look like the Walton Family may win the bid, and all new prospective owners were requesting Peyton Manning's participation with the team.When this sale is completed, it will be the highest sale of a football team - as the offer received is for $4.5 BILLION.
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By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
Can you walk into a new development and buy a home, of course.    Will it be an easy way to buy a home?    May or may not be, read on!The sales representative will be very helpful in answering all of your questions and concerns - but they work for the BUILDER!    Who is protecting your best interests? ~ Buying a brand new home is exciting.  The ability to choose your favorite floor plan, and personalize your interior decor by selecting the colors, options, and features that suit your needs and wants can be a satisfying experience that enhances your enjoyment of living in a beautiful new space you designed.~Buying a home is a complex process and is probably the most expensive transaction an individual will ever make.   All home transactions have serious financial obligations that you'll ...
Comments 14
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
First, we are in desperate need of lifeguards this summer in Denver!   City of Denver has pushed back the opening of pools due to lack of staffing, and now will open June 13th.   This will allow more time to get more certified as lifeguards.One place that is not mentioned below is:  Water World - 8801 N. Pecos St., which is now open.   If you have questions - here are the FAQs.So far, here is the status around town:ArvadaApex Park and Recreation District will open two outdoor pools and a splash pad but will not open the Lake Arbor Outdoor Pool this summer.The Fitzmorris Outdoor Pool will now be open seven days per week. > Find Arvada pool schedules at APEXPRD.org. Aurora All six City of Aurora outdoor pools will be open this summer beginning Saturday, May 28. Pools will be open on a lim...
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By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
Over the last several years, it has been a very strong Seller's market, and the Sellers are definitely driving the bus!    With that being said, when you ask the homeowner what they believe their home is worth, oftentimes they answer with a price WAY over the fair market value!Maybe they are comparing a home in the neighborhood to theirs, but the one sold had 200-300 square feet more than their home has!   This makes a huge difference.   Maybe they were on a site that gives "estimates", but is WAY off.    Maybe even looking at the assessor's value, can be wrong.The only way to arrive at a fair market value is to look at the properties that have sold that are a similar style home and square footage.   (you shouldn't use a ranch to compare to a tri-level home)  If there are none to compar...
Comments 18
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
This weekend will be Memorial Day weekend, and having Buckley Air Force Base in Aurora, we have quite a few military men and women, along with retired military living here.    You will see many homeowners displaying their American Flag proudly, showing our support.Check to be sure your flag is in good condition.    When displaying the Flag this weekend, you need to follow these rules: On Memorial Day only, raise the flag to full mast and then lower to half-mast until noon. This honors those that have died in service. Then at noon raise it to the full mast for the rest of the day. Never allow the flag to touch the ground. Display it by hanging the blue square at the top of it unless it is hung during distress. Your American flag should be clean and not tattered. If it is too worn, replac...
Comments 20
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
We get this question often, and some of which should have been addressed prior to putting the home on the market.   Things to do prior to listing:It is always good to have your roof inspected, especially if you know there has been hail, wind, or if it is really old.    I have a company in town that will come and inspect it for free, and give you three estimates.   (if you call your insurance company, this will be "a claim")If you haven't had your furnace and A/C cleaned and serviced for years, you should have this done too.  Keep your receipt as the buyers may want a copy for their records.   Also, change your filter prior to the inspection.If you know there could be a broken window, this absolutely needs replacing.  Again, prior to listing!    If you have broken seals, it is a good ide...
Comments 18
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
 This time of year afternoon storms come over the mountains and we can see hail, rain, and an occasional tornado.   We don't usually see tornadoes in the City, but we have a few times.  The tornadoes usually stay out East and develop over open land.  When we see hail damage the roofers come out of the woodwork, and not all of these companies are legitimate.   Over the years we hear, that they take a large amount of the total bill, get started, and then take off, without completing the work.    Don't be SCAMMED, check out the roofing company before giving a deposit! Roofing companies should have a business listed in Denver, most often can find them on BBB, and if you need any assistance, give me a call.   I know many good roofing companies that do a great job and have a history of being ...
Comments 24
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
Got a text from my mobile carrier and they said effective 6/17/22, area code 983 will be added to our current 303 and 720 area codes. Remember those days when you dialed ONLY seven numbers?   It has been a while.   Years ago, everyone had 303 for a home phone as well as a cell number, then 720 was added.   When you saw a home number you knew what part of town they lived.  Today, not so much.   The 720 numbers were usually for cell numbers only.    
Comments 16
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
A Luxury Home can be identified differently in cities across the country, but in Denver, my Luxury blog posts will report on detached single-family homes listed in the Denver metro area for over $1.3 million.  (Over the years I have used $1 million as luxury, but with our rising home values, had the need to increase this amount.)  Some have mountain and/or city views, and some properties back to a golf course, or have water views all to compliment one's lifestyle.  (however, we don't have much water)  Some are updated with products from around the world, and some have expansive square footage or acreage.     Whatever a Buyer is looking for, most likely if you have over $1 million, you can find it in Denver or in the surrounding suburbs.     Here is how the luxury market fared for the mo...
Comments 10
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
HOPEFULLY, the clouds will clear tonight (in Denver) to view the total eclipse!    The moon will be in the deepest portion of the Earth's shadow and the total eclipse will begin in earnest.    See the Super Flower Moon and a "Blood Moon" eclipse, these will coincide with the total lunar eclipse for most of North America.Get your telescope out, and enjoy the eclipse tonight between 9 pm and 10:30 (mountain time).
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By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
Colorado has been a State that may have wanted to relocate to for years.    Our population has grown tremendously over the last few years.   I think it started when recreational marijuana was legalized and just continued.   We have very low humidity, low unemployment, and people can enjoy the outdoors all year-round.   We do have good weather even in the winter!Last year Denver was #3, so think our home values must have had a factor in this chart!    We are now #5.   Here are the rest of the top ten. Here is Colorado Association of REALTORS® info for Buyers on how the State of Colorado is doing -  I work the entire Denver metro area, so if you have questions on home values, give me a call! 
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By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
The stats are out for the month of April, and all the numbers revolve around the increase in interest rates.    With the 1% increase it priced out a few first-time buyers, and some buyers opted out when they couldn't get what they wanted.   This slowed the market, but not drastically.   The inventory climbed about a 1/3 for the month of April, as most weekends in March we saw 2,000 or less.   April's high hit 3,200 for one weekend.    This data is courtesy of Joan Cox - House to Home, Inc. I track data daily for the Denver metro area, and are seeing around 550 price reductions every week (to 3,000 listings) and around 200 homes returning to market in a week's period of time.   Both of these numbers have been steadily increasing daily. See what homes are currently available - Active Home...
Comments 16
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
  Over the years, I have seen many reasons homeowners think about moving.    Are you one of these? - There is a baby on the way.    Need another room on the same level as the master bedroom?- You just started a home-based business.    Now you need an office on the main level for possible clients.   Or, you are now working from home permanently?-  You and your family are bursting the seams of your home and would like the additional square footage.-  All the kids have grown and gone, and now you have way too much square footage.-  Your kids have returned home and now they have kids, and need more space. -  You have the opportunity to accept a job position in another state. Rates are moving around, but still low.    Take a look at what the new mortgage payment will do to your monthly house...
Comments 8
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
  The 26th Annual Furry Scurry will be held at Wash Park in Denver May 7th, 2022.    This will be a 2-mile walk that begins at 9 am around Wash Park, with refreshments before, during, and after the walk.  This is always a very popular event, and even if you are not walking, it is fun to attend.     Funds raised at this event allow the Dumb Friends League to provide medical care to sick or injured animals, provide behavior training that allows pets to be adopted more quickly, investigate cases of animal cruelty, and much more.In 2020:13,675 surgeries performed100% pets were saved, all were placed$4.7 million was donated and used for these petsThere will be 150 vendor booths to visit providing pet-friendly merchandise as well as service offers for pets.    For additional fun, there are fu...
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By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
Cinco de Mayo in Denver will be celebrated on May 7th & 8th, 2022 in Denver Civic Center Park from 10 am to 8 pm. This festival has lots going on from contests, lots of vendors with products and food, plus live entertainment, and a Parade you don't want to miss!   These contests will be held - Chihuahua Races - Sunday May 8th at 2 pmon the contest stage south of seal pond, center of Civic Center ParkTaco Eating Contest - Saturday - May 8th at 2 pmon the contest stage south of seal pond, center of Civic Center ParkLowrider Car Show - Saturday and SundayAlong Colfax from Bannock to Broadway There will be live Entertainment on the Main Stage, Local Stage, and Community Stage.    Many local bands as well as dance schools showing off their local talent!  The Parade will be held on Saturday -...
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