Life Style Denver by Gretchen Faber

Buying a Denver Home? Make Sure Your Cash is Unlocked!

Section 4.3.2 of the Colorado real estate contract requires you to choose whether your "cash to close" is immediately verifiable or not. The clause in the contract states: 4.3.2. Available Funds. All funds required to be paid at Closing or as otherwise agreed in writing between the parties shall be timely paid to allow disbursement by Closing Company at Closing OR SUCH PARTY SHALL BE IN DEFAULT. Buyer represents that Buyer, as of the date of this Contract, Ο Does  Ο Does...Continue Reading!

Denver is THE Top Real Estate City for 2012

[youtube]http://www.youtube.com/watch?v=Y9frmEv-vPA[/youtube] Have you seen this recent news report about Denver real estate? Denver is cited as the number one city to invest in real estate by Greg Rand of Own America. Watch the clip as Greg covers the metrics that influenced his decision: Lifestyle and livability Relatively low unemployment as compared with the national average In-migration of people relocating to Denver A foreclosure rate that is half the national average A young population Low cost of living Fresh air 9 Fortune 500 companies and growing Denver isn't a secret any longer.  The...Continue Reading!

Denver Colorado Real Estate Statistics | November 2011

Imagine you want to move from your city, small town, or suburb to a new location. This new city isn't as large as NYC or LA, but it's big enough to offer you the company of over 2 million residents metro-wide, all the major professional sports, plenty of arts and culture and great restaurants for foodies. Added to that, a fun outdoorsy lifestyle. Now imagine that you begin your home search in this city, only to learn that there are a little...Continue Reading!

5 Things You Should Know About Relocating to Denver

If you're moving into the Mile High City, there are a few things you may find helpful as you pull up stakes and head to the Rocky Mountains. 1. Denver isn't actually in the mountains. During college, one of my friends from home commented, "Wow!  You must be in good shape to ride your bike in Denver!"  It took a minute to realize she was under the impression I was riding over mountain passes.  I explained that Denver is on...Continue Reading!

Why You Want Your Broker to Show You Properties

A few days ago I had a call from a buyer who wanted to see properties in Cherry Creek North. This seems to be a trend lately.  Call the listing agent directly. He found the homes on my web site, www.GretchensDenver.com, and gave me a list of what he wanted to see, which weren't actually my listings.  I asked if he was working with a broker.  At first he said, "no."  Then he said, "well, my wife is, but the broker...Continue Reading!

221 South Garfield Street in Denver’s Cherry Creek

SOLD: January 2012, $307,500. (Above Full Price.) Denver's Cherry Creek neighborhood has been called the "Gold Coast" of Denver real estate. You can live the Cherry Creek lifestyle for a bargain in your own renovated condominium at 221 South Garfield Street #105.  The price for 1,580 square feet in the heart of Denver is $319,900.  The unit has 2 bedrooms, 2 full baths, 2 underground parking spaces and a lovely patio. The owners have recently repainted, re-carpeted and added new kitchen appliances.  You'll...Continue Reading!

1254 Monaco Parkway in Denver’s Historic Montclair

Situated on the lovely and historic Monaco Parkway in Central Denver, the Montclair neighborhood is a classic.  1254 Monaco Parkway is a home you will not want to miss. Step across the threshold and feel right at home.  The modern conveniences combined with historic charm accentuate the architectural integrity and livability. Wood floors, Wolf gas range and Sub-Zero refrigerator in the renovated gourmet kitchen and a formal dining room give the heart of the house warmth. French doors to the patio from the...Continue Reading!

Denver Colorado Real Estate Statistics | June 2011

June 2011 was the month we were waiting for.  Real estate professionals all over the U.S. were predicting that year-over-year sales from June 2010 would rise in June 2011. In 2010, the Homebuyer Tax Credit ended in April, and at the time all under contract or pending properties were required to close by the end of June to qualify.  The closing date was later pushed out to September, but in April everyone thought June 30 was the final date for the...Continue Reading!

Denver Colorado Real Estate Statistics | May 2011

We're finally comparing Denver real estate sales this year with the time after the tax credit ended last year (for under contract properties.) The number of homes under contract jumped 23% from May of 2010.  This is the first month in 2011 where we're not comparing under contract data to the tax credit time of 2010. The average sale price for both single family and condo are up over 3%, reflecting stability in the market.  While the recent Case Shiller numbers for...Continue Reading!

Denver Colorado Real Estate | November 2010 Market Statistics

Off the grid. I haven't stopped by here since Thanksgiving.  Real estate in Denver has been sailing along these last couple of months in 2010.  It's been a busier than usual fourth quarter.  The November market statistics for Denver real estate have been out for a few weeks, my take on it has been delayed by a busy December and the holidays. So before we hit 2011, let's talk about November 2010. City-wide, sales dropped off from last year by nearly 26%.  That's...Continue Reading!