It’s about time ~ Denver is #1
The Rocky Mountain News reported Denver is at #1 in home value increase. A study released last week by S & P Case-Shiller indicated an increase of 0.3% for the Denver metro area. Other cities studied had an overall average of minus .07%.
We are hearing more and more how Denver is climbing out of the slump. For the past 5 months the statistics have been raising.
The market continues to be very good in some parts of town while other areas are stagnet.
Our biggest problem right now stems from the inability of our relocation buyers to purchase here. They are in situations where they have homes to sell in other parts of the country. If we could solve this problem, our appreciation rate and sales would both go up.
Thanks for the Rocky Ride Rockies!
The World Series came to Denver and left. The anticipation of the event came and went before we ever really had time to digest what was happening.
The Rockies were out played by the Red Sox, no doubt about that. But and there always is a but…the Rockies are a young team. They’ll be back.
It’s been a great ride Rockies, thanks for the memories!
Putting out the flames doesn’t dim the love
As a tribute to the displaced people in San Diego County there’s not much I can do or say that will ease the pain. Having never lost a home I can’t evan stake claim to knowing what it feels like. It must be a horrible feeling.
Roberta Murphy who writes the Luxury Home Digest in San Diego blogged “San Diego Fires: Coming Home to Ashes” Roberta sums up the spirit of many residents who aren’t willing to give up their neighborhoods. Community spirit is alive and well for many. Instead of pulling up stakes and fleeing for safer territory, many plan to rebuild their lives exactly where the fire took everything from them.
Everything that is but their love of the area and each other.
It makes me wonder, what would it take to get me to move, to leave a place that is dear to my heart? As hard as it is to imagine the situation, I do believe I too would dig in my heels and pull together to rebuild. There’s strength in commitment. There’s power in a goal.
What better goal than to make something better than ever? You go San Diego County People!
You can do it.
(Photo Credit: Vissago ~ Flickr)
Meet the Bloggers ~ Las Vegas 2007
Every year the National Association of Realtors has a big convention. This year the Bloggers will be gathering to do hourly presentations. I am honored to be one of them.
Here’s the current schedule:
Schedule For Wednesday, Nov 14:
10:00 A.M. Damon Pace - IncredibleAgent Blog
11:00 A.M. Michael Price - MLBroadcast Blog, Mike’s Corner
12:00 P.M. Jay Thompson - The Phoenix Real Estate Guy
1:00 P.M. Lani Anglin - RERevealed Blog
2:00 P.M. Joel Burslem - The Future of Real Estate Marketing (Inman News)
3:00 P.M. Benn Rosales - AgentGenius.Com
4:00 P.M. Pat Kitano - Transparent Real Estate
5:00 P.M. Kevin Boer - 3 Oceans Real Estate
Schedule For Thursday, Nov 15
10:00 A.M. Daniel Rothamel - The Real Estate Zebra
11:00 A.M. David Gibbons - ZillowBlog
12:00 P.M. Kristal Kraft - Denver Real Estate Blog
1:00 P.M. Roberta Murpy - Luxury Home Digest
2:00 P.M. Jim Duncan - Real Central VA
3:00 P.M. Diane Cohn - Diane Cohn - Reno/Sparks Real Estate Blog
4:00 P.M. Nicole Nicolay - My Tech Opinion
More TBA!
Tenants find themselves Homeless…
Modern day Carpet baggers are taking advantage of the public in a different way. Homeowners are renting their homes to tenants, collecting the rent and not paying the mortgage.
This practice is called “Equity Skimming.” While the homeowner, who many times pass themselves off as “investors” legally own the home, they fail intheir obligation to keep the mortgage current.
Time is on the Equity Skimmers side, for only so long. Eventually the tenant will come home one day to find a “eviction notice” taped to the door. When that happens, the tenant has little choice but to move out. Seldom does the new owner (the bank) honor the lease. They want the property sold and quickly. That means you will be asked to move.
Eviction notices that are ignored are followed by the Sheriff arriving and physically having you and your possessions place at the curb. It’s not a pretty sight. continue …
Halloween Fun
Remember once upon a time when life was simple? You could dress up like Dracula, ride on a pony dressed like a witch and never get your face to stop smiling?
Yes, those were are the days my friends! Noah <2.
Parker, Colorado residents celebrated the season at the annual Horse Halloween. Kids, parents and ponies had a wonderful time.
Thanks for the memories.
Broom Crisis Hits Denver Metro
Recently I’ve become aware of a serious shortage in the Boulder Metro area. Yesterday I promised my out of state home seller I would clean up a mess left by the landscapers. It was an easy 20 minute job of sweeping dirt off the sidewalk. No problem! I enjoy making things look better than when I found them so off to Home Depot I went to buy a fresh new broom.
No luck. I ventured to Lowes. Still no luck. I went to Target, zero score. I drove to (yuck) Walmart, zilch. King Soopers, Safeway still no brooms. Not even at Whole Foods could I even find a earth-friendly handmade imported green sweeper!
What’s up? I called my Broomfield friends in Colorado Springs, Pueblo, Realtor and Loveland. They reported the same problem. My son who works in Denver must certainly be able to find me a broom, nope! Zack said "Mom, it’s hopeless!"
We are living in a Broomless state!
I wonder if the shortage of brooms has something to do with the rain forest people getting their way finally? Could it be the bristles are in short supply? Where do bristles come from anyway? Pig whiskers?
Oh well it doesn’t matter why there is shortage. What is important that we get the word out. If you are relocating to Denver or moving to Colorado in fact, you better bring your own broom.
Guess that means we are a BYOB state.
Go Rockies! We love you!
Denver restaurant review
A Denver food place is serving up a new dish.
Go Rockies!
Denver Real Estate Stats ~ September
September 2007
Metro Denver Prices:
| Single Family Average Price: (Detached Dwelling) | Sep 2007 | $305,459 | |
| Aug 2007 | $329,783 | ||
| Sep 2006 | $308,903 | ||
| Condo Average Price: (Attached Dwelling) | Sep 2007 | $181,458 | |
| Aug 2007 | $182,741 | ||
| Sep 2006 | $191,006 | ||
| Combined Average Price: | Sep 2007 | $278,615 | |
| Aug 2007 | $298,466 | ||
| Sep 2006 | $283,131 | ||
| Percent of Sales Price Change: from September 2006 to September 2007 |
Single Family: | -1.11% | |
| Condo: | -5.00% | ||
| Combined | -1.60% | ||
| Total Combined Number of Homes for Sale: | Sep 2007 | 30,335 | |
| Aug 2007 | 30,827 | ||
| Sep 2006 | 31,450 | ||
| Percent of Change in Available Inventory: (September 2006 vs. September 2007) | -3.55% | ||
| Number of Combined Homes Sold this month | Sep 2007 | 3,737 | |
| vs. previous month | Aug 2007 | 5,010 | |
| vs. same month last year | Sep 2006 | 4,108 | |
| Average days on Market: (Combined Sales) | Sep 2007 | 101.08 | |
| Aug 2007 | 94.13 | ||
| Sep 2006 | 101.78 | ||
| Absorption Rate: (number of weeks necessary to sell current combined inventory at current rate of sales) | Sep 2007 | 35.18 weeks | |
| Aug 2007 | 26.66 weeks | ||
| Sep 2006 | 33.18 weeks | ||
| Median Sold Price:Single Family | Sep 2007 | $245,000 | |
| Aug 2007 | $257,500 | ||
| Sep 2006 | $243,500 | ||
| Condo | Sep 2007 | $148,000 | |
| Aug 2007 | $152,500 | ||
| Sep 2006 | $156,250 |
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