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Greenwood Village, 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)
 This beautiful home went pending after two days on the market in February, and my buyer did not believe it would go so quickly, and missed out.  Luckily, this Buyer had another chance!  It came back on the market last Thursday evening at 7:45, and I alerted my Buyer, and they wrote THAT night, but the Seller needed a few more days for a response.   Second chances feel really good, and the buyer is thrilled.   The inspection has been done. This home features five bedrooms, five bathrooms, a 3-car garage, 5,343 square feet on .82 acres, beautifully groomed.   This home was built in 1982. 
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By Brian Petrelli, MBA, GRI
(The Brian Petrelli Team - Metro Brokers)
Landmark Greenwood Village remains a popular area with buyers. The low number of available Greenwood Village Condos still poses challenges from as demand from Buyers remains high. One of our team's clients is considering making on offer on a home in the neighborhood, and we prepared this report for them. We felt it may also help some of you.Some of the Area's Highlights: There are 8 active Landmark Condos on the market. There are 16 active Greenwood Village Condos on the market. Currently under contract Landmark Condos on the market: 1. Currently under contract Greenwood Village Condos on the market: 4. There are 0 Greenwood Village foreclosures on the market. Average prices increased ($268,641.00) over the last year from $1,141,441 to $872,800. We will continue to watch this area and r...
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By Brian Petrelli, MBA, GRI
(The Brian Petrelli Team - Metro Brokers)
Greenwood Village Homes for sale have seen a huge demand the last few weeks and we've been busy showing clients anything that gets listed in the MLS. In such an active market, the latest numbers and statistics are constantly changing, and we want to do everything we can to make sure our clients have the most accurate data. One of clients is preparing to make on offer on a home in the area, and we prepared this statistical report for them. We though it may help some of you as well.Here are some of the Market Highlights: There are 66 active Greenwood Village Homes on the market. Currently under contract Greenwood Village Homes on the market: 29. There are 0 Greenwood Village foreclosures on the market. Average prices decreased $195,385.00 over the last year from $1,957,385 to $1,762,000. ...
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By Realtor Ben Townsend, Selling Colorado Property for 26+ Years
(Townsend Real Estate, Ltd.)
                                 Greenwood Village Home Search | Lone Tree Houses for Sale | Highlands Ranch Realtor | Realtor Colorado Springs | Real Estate            Impressed with the quality of life this area could offer our family we moved here in 1984. The schools are ranked nationally for their excellence. Excellent skiing, hiking and fishing are within hours. We have always been grateful that we chose Colorado Springs to raise our family. The Townsend Group, Inc. is part of Metro Brokers Inc., which is a group of independent companies working together. We belong to the Pikes Peak Association Of Realtors and have access to all available residential and land listings in our area. Marty, Robin, and Benjamin work together as a real estate team. We have the experience to know what i...
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By Brian Petrelli, MBA, GRI
(The Brian Petrelli Team - Metro Brokers)
Landmark Greenwood Village Condos are receiving a great deal of interest from potential buyers this month. The number of Greenwood Village Condos for sale active and on the market remains lower than the current demand from Buyers. One of clients is preparing to make on offer on a home in the area, and we prepared this statistical report for them. We though it may help some of you as well.Here are some of the Market Highlights: There are 6 active Landmark Condos on the market. There are 11 active Greenwood Village Condos on the market. Currently under contract Landmark Condos on the market: 3. Currently under contract Greenwood Village Condos on the market: 9. There are 0 Greenwood Village foreclosures on the market. Average prices decreased $170,842.00 over the last year from $864,622 t...
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By Belinda Spillman, Colorado Living!
(Optician)
Homes For Sale in Greenwood Village CO With Mountain Views Dec. 2016 One of the great things about living in Colorado is the opportunity to take in the breathtaking mountain views!  Many folks put “Mountain Views” at the top of their wish list when looking for the perfect Colorado home to call their own. Here is a list of Greenwood Village CO homes for sale that offer a view of the glorious Rocky Mountains. Currently there are 15 Greenwood Village CO homes for sale that offer a view of the Rocky Mountains.  These homes range in price from $619,900 up to $7,400,000.  The smallest home is 1911 square feet with the largest 6,889 square feet (above grade).  These homes were constructed between 1941 to 2008 with the average year of construction being 1991.  Click on the mountain below for an...
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By Jody Bruns, CDLP, Niche Marketing Expert in Real Estate & Mortgage
(Jody Bruns, LLC)
Common Credit Concerns Found with Divorcing Couples: Jody BrunsMortgage payment is missed. Whether an oversight or intentional, when a mortgage payment is missed there are more repercussions than just a negative hit to the credit score.  A single 30 day late mortgage loan payment can cause a credit score to drop by as much as one hundred points. A single 30 day late mortgage loan payment may prevent you from obtaining mortgage financing from 12 months up to 24 months depending on the loan program and investor.  Marital Home in Foreclosure Proceedings. Many times in a divorce situation there are financial struggles and often times the marital home is involved in foreclosure proceedings.If foreclosure proceedings have already begun the best option and sometimes the only option is to conta...
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By Jody Bruns, CDLP, Niche Marketing Expert in Real Estate & Mortgage
(Jody Bruns, LLC)
Property Settlement Notes in DivorceJody Bruns, CDLP, CMMU®Property Settlement Note – a deferred payment in property settlement used to equalize property. Used to equalize property Not taxable to recipient Does not survive bankruptcy  Very often when divorcing couples negotiate the terms and conditions of a property settlement, they agree to a structured settlement, which is a series of smaller payments paid over time, as opposed to a lump-sum payment. In this routine, a series of payments over a period of time comes to more than the agreed upon settlement sum because the recipient normally receives interest to compensate for the delayed payment.A property settlement note is not taxable to the recipient because the IRS says that the transfer of property in a marriage is not taxable and ...
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By Colorado Dream House Team, Real People. Real Professionals. Real Estate
(Keller Williams Realty DTC)
Last week, we started talking about my Top 10 Tips for Buying and Selling in 2016. If you missed Part One of the series, visit out blog page at http://www.coloradodreamhouse.com/blog/ and catch up. In the meantime, here is my Part Two list to help you buy and sell in 2016. By Dan PoliminoSellers: Know which projects you can do to improve your value. We are always amazed at some of the projects that sellers feel like they need to do to improve their home to get it ready for sale. Epoxying the garage floor or replacing the fence is sure nice but it’s not going to get you a higher price. Make sure that you are doing improvements that add value when you sell, like kitchens and baths. You don’t have to spend a fortune; good updates can be made on a budget. Moreover, make sure that you know w...
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By Colorado Dream House Team, Real People. Real Professionals. Real Estate
(Keller Williams Realty DTC)
What to Expect When You're Inspecting By Scott DavidsonYou’re offer has just been accepted on the house of your dreams.  It’s the perfect house; the yard is already landscaped, the kitchen is large and full of brand new appliances, the finished basement is ideal for all your recreation and storage needs, and the master bedroom is right where you wanted it.  On top of that, you and your spouse are sure you won’t have to do any work on this one.  You couldn’t find a single thing wrong with it, even when you arranged for a second showing, just before you made your offer.  Now your real estate agent is telling you it’s time to schedule all your inspections.  What inspections?  What could be wrong with such a great house?Fast forward two weeks, and you’re feeling like this house might need t...
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By Colorado Dream House Team, Real People. Real Professionals. Real Estate
(Keller Williams Realty DTC)
Check out this weeks Poll Question! Click on the link to Vote! http://www.coloradodreamhouse.com/general/important-topic-real-estate-today/ 
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By Colorado Dream House Team, Real People. Real Professionals. Real Estate
(Keller Williams Realty DTC)
Sign up and listen to Dan Polimino and Gary Lohrmen, discuss what's happening in Real Estate, every Sunday from 8-9am. Click the Link below to visit our Podcast!http://snip.ly/poj38 
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By Colorado Dream House Team, Real People. Real Professionals. Real Estate
(Keller Williams Realty DTC)
Top 5 Tips for Buying and Selling Houses in 2016 by Dan PoliminoCheck in next week for five more tips about buying and selling.1. Buyers: Don’t overspend.I know it sounds simple, but everyone can get caught up in the emotion of a bidding war. You have been waiting for that perfect house, you have lost out on three others, and one just hit the MLS and your inbox. You decided to outbid the other six suitors and pay 30K over asking price. That’s okay if you plan to die in that house or stay there for at least 10 years, but if you are planning on having a re-sale in the next five years, you may have paid too much. Know your short term game -plan on how long you plan on living in that house, know your budget and be patient. Another home at the right price will come along.2. Sellers: Don’t be...
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By Brian Petrelli, MBA, GRI
(The Brian Petrelli Team - Metro Brokers)
Landmark Greenwood Village Condos have seen a lot of interest from buyer and sellers the past couple of weeks. As Buyers continue to far outpace Sellers, we are checking the inventory of Greenwood Village Condos every day, watching for properties as they are entered into the MLS. As we were researching properties for one of our clients, we created this report and thought it may help some of you in the market.Here are some of the Market Highlights: Currently active Landmark Condos on the market: 18. Currently active Greenwood Village Condos on the market: 27. Right now, there are 2 under contract Landmark Condos on the market. Right now, there are 16 under contract Greenwood Village Condos on the market. There are 0 Greenwood Village foreclosures on the market. Average prices increased $...
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By Colorado Dream House Team, Real People. Real Professionals. Real Estate
(Keller Williams Realty DTC)
If you have ever lived in Denver, Colorado in the spring, you know it’s beautiful and it’s also hail season. Now, I am not a meteorologist, but here is how the hail phenomena was explained to me. Denver has an average of 300 plus days of sunshine every year (good for us). As such, the sun is out just about every morning. The sun heats up the snow on the mountains, and the snow melts. That moisture is absorbed into the atmosphere, creating storm clouds almost every afternoon in May and June. The air high above is still considerably colder at this time of year than what we are experiencing down on the ground. When the storm clouds fill up, the moisture is frozen into hail and thus damages Denver and the surrounding areas. The strange thing is that hail is very fickle. It’s normal for it t...
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By Colorado Dream House Team, Real People. Real Professionals. Real Estate
(Keller Williams Realty DTC)
For the last year, we have been warning consumers that the slowdown in the Colorado Real Estate market is coming. At the beginning of this year, our best guess was that the market correction would come in sometime of 2018. There were many signs and signals that pointed us in this direction like interest rates, double digit home value appreciation three or more years in a row, government regulation, and the seven- and ten-year cycles of real estate. I could go on and on pointing out many more factors but maybe the strongest argument is “what goes up must come down”. Remember, the real estate market is a bell curve and the average consumer doesn’t know that we are on the way down to correction before it’s too late. Buyer’s market and seller’s market can last two, three, four years or more...
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By Colorado Dream House Team, Real People. Real Professionals. Real Estate
(Keller Williams Realty DTC)
“Timing in life is everything” is a saying that has been around for a long time, and it applies to just about everything we do in life. It’s never been truer than when you apply the statement to real estate. In the past, the mantra has been “sell high and buy low.” Many people don’t realize that it usually doesn’t happen in real estate. If you are selling a home at the peak of the market, chances are you are also buying at the top of the market, unless you do what I have been urging my clients to do which is sell their home for peak price this spring or summer or next spring or summer. Then, take a year and rent. Wait for the market correction to come in late 2018. When home prices begin to drop by 10-15% take the cash you have in the bank (that has been earning interest) from the sale...
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By Colorado Dream House Team, Real People. Real Professionals. Real Estate
(Keller Williams Realty DTC)
We are proud to announce that the Colorado Dream House Team is starting its own radio show. In conjunction with our partners, Lifetime Construction and Guild Mortgage, the Colorado Dream House will host a one-hour real estate talk show Sunday mornings between 8-9am on 710 KNUS. There are many real estate radio shows around the country, but for the most part they all focus on the national real estate scene. We are going to focus on the local real estate market. We will give you information about what’s happening in your city, neighborhood, or even your subdivision. We will tell you what you want to know about Denver real estate including: information about inventory, prices, buyers in the market, interest rates, qualifying for a loan, home improvement, investments, regulation, real estat...
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By Colorado Dream House Team, Real People. Real Professionals. Real Estate
(Keller Williams Realty DTC)
We have all heard about the flat fee real estate service companies like Trelora, Help You Sell, Assist to Sell and many others. They tout a one low flat fee to sell your home and promise to save you thousands. The flat fee prices vary as does the services offered for each rate. Some suggest you pay a full 2.8% in commission to the agent and supply the buyer, yet still some others think you can get away with offering as little as $2,000 or $3,000 to the buyer’s agent. Sounds great! Problem is, it rarely works.If you take nothing away from this column then just know this…If you do not sell your home, then you save nothing! That’s where the problem comes in. These flat fee service companies have a poor record of selling homes. According to MLS, one company (which shall remain nameless) onl...
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By Colorado Dream House Team, Real People. Real Professionals. Real Estate
(Keller Williams Realty DTC)
In most years in real estate, you can accurately predict and advise your clients on how the market will perform, with one exception. It’s really hard to predict how the market will perform in an election year, especially since this seems to be an election year like none other. Establishment politics seem to be out the window, so what we can expect from a candidate or policies will be difficult to predict. How does this apply to real estate? Traditionally in an election year people tend to be very conservative. That means they keep their hands in their pocket, they are cautious to spend money, and may not make a major purchase before they know who their elected officials will be. So with the selling season upon  us in 30 days, it will be critical to have good timing this year. Is your go...
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