Monthly Archives: June 2007

Comcast La Piazza dell’ Arte ~ June 23 & 24

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!Art takes to the street this weekend when artists demonstrate their talents in the 5th annual Comcast La Piazza dell’ Arte show.
The popular Larimar Square will become a street museum for the weekend.  There will be food and drink served [...]

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Street art in Denver

Art takes to the street this weekend when artists demonstrate their talents in the 5th annual Comcast La Piazza dell’ Arte show.
The popular Larimar Square will become a street museum for the weekend.  There will be food and drink served along with fun.
The festival will  be located between Speer Boulevard and 15th Street, and 14th [...]

Posted in Things to do ~ Denver, Colorado | Tagged | Leave a comment

BYOHT

Occasionally my imagination gets a workout when I’m driving down the
highway.  I see a moving van and wonder who’s possessions are inside.
Where are they going?  Where are they coming from?  How long (if ever)
will it take them to sort through the boxes to assemble order to their
lives?

I’ve personally moved more times in my life than [...]

Posted in Relocation to Denver | Leave a comment

The cost of elbow room

Homeowners from parts of the country where the lots are large always want a large lot.  "I need elbow room," they say.  But of course it is natural to want to duplicate the conditions they are used to. 
But let’s discuss this first.  Denver and the metro area is high plains desert.  What that translates [...]

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Colorado Swimming Pools…a home amenity or not?

Backyard swimming pools as nice as they are when the weather is hot, aren’t necessarily a hot commodity across the country.  The Phoenix Real Estate Guy was answering a question in his blog today.  Questions like this are ones I deal with frequently when hearing about homeowners wish lists who are relocating to Colorado.
It [...]

Posted in Relocation to Denver | Leave a comment

Bumper Stickers

Bumper stickers don’t seem to be as popular as they once were.  Now
a days it seems the people who have them have tons of them so many you
can’t even begin to read them all while driving down the street.
Today I grabbed a glimpse of out that said, "Where are we going? And why am I [...]

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Denver Real Estate Statistics ~ May 2007

May 2007

Metro Denver Prices:

Metro Denver Prices:
Single Family Average Price: (Detached Dwelling)
&nbsp
May 2007
$318,904

&nbsp
&nbsp
Apr 2007
$322,510

&nbsp
&nbsp
May 2006
$315,257

Condo Average Price: (Attached Dwelling)
&nbsp
May 2007
$183,896

&nbsp
&nbsp
Apr 2007
$182,549

&nbsp
&nbsp
May 2006
$189,986

Combined Average Price:
&nbsp
May 2007
$288,905

&nbsp
&nbsp
Apr 2007
$293,016

&nbsp
&nbsp
May 2006
$287,327

Percent of Sales Price Change:
from May 2006 to May 2007
&nbsp
Single Family:
1.16%

&nbsp
&nbsp
Condo:
-3.21%

&nbsp
&nbsp
Combined
0.55%

Total Combined Number of Homes for Sale:
&nbsp
May 2007
29,110

&nbsp
&nbsp
Apr 2007
27,858

&nbsp
&nbsp
May [...]

Posted in Denver Real Estate Trends | Leave a comment

The Two Laws of Real Estate

We all know the law right?  When it comes to real estate the 3 most important things to focus on are;

location
location
location

What about the second law?  Everyone knows that;

timing
timing
timing

Actually
everyone doesn’t know the second law.  In fact I have investors tell me
all the time how they have the bad habit of buying high and [...]

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Win-win wins

When negotiating a residential real estate contract, there are
typically 4 items we "fight" over.  Those are; 1) price 2) terms 3)
possession 4) personal property.   
Buyers and sellers should
consider these items and rank them according to importance.  Sometimes
the best transactions occur when we find the buyer and seller have
matching needs.  For instance a seller may not [...]

Posted in Relocation to Denver | Leave a comment

How Absorption Rate is figured

Knowing your area’s Absorption Rate, helps to track trends.  Understanding the market and where it is headed is part of our job as real estate professionals.

Absorption rate is NOT an exact science.  Figuring it is based on
the premise that one will be looking for a TREND.  It is advised to
consistently do the numbers each month, [...]

Posted in Denver Real Estate Trends | Leave a comment
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