Lifestyle Denver by Gretchen Rosenberg
Denver's Source for Real Estate News, Neighborhood Happenings
and Market Trends.
There are a lot of terrific reasons to be in the Mile High City for the summer, but our selection of Farmers' Markets gives all Denver residents the chance to make any day feel a little bit fresher. Despite the obvious benefits of the open-air markets (buying local is an easy way to indulge our inner tree-hugger,) shopping at the Farmers' Market is a great way to enjoy our Colorado sunshine while scoring some of the freshest, tastiest, and most unique...Continue Reading!
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, ? Does ? Does...Continue Reading!
We did it again, Inventory is down for the 8th straight month. As of the end of February, we have just 8,082 single family homes available for buyers to view. On Friday last week, our office set 101 showings in one day. We had to take a fire extinguisher to the phones at the end of the day. The most showings I can remember the receptionist setting up on a busy Friday during the heyday was about 72, and that was...Continue Reading!
Kentwood Real Estate is Denver's leading independent residential real estate brokerage, and with this month's affiliation with Christie's International Real Estate the powerhouse brokerage adds another strategic tool to our toolbox. Christie's International Real Estate is the largest international real estate network in the world and hosts over 9,300 properties $1 million and higher on their web site. Kentwood Real Estate's web site, www.DenverRealEstate.com, hosts all of the MLS-IDX listings in Denver, with numerous luxury homes prominently featured. Kentwood Real Estate began...Continue Reading!
Have you heard of a "Seller's Market?" That term hasn't been uttered since just after the turn of the Millennium. But it's back. Let's take a look under the magnifying glass. Denver's inventory of available properties is breathtakingly low. So low that it's less than half what it was just 6 or 7 years ago. In certain neighborhoods and price points, buyers who aren't aggressive are losing out to higher bidders, cash buyers and those ready to make a quick decision. In other...Continue Reading!
If you're interested in knowing your credit score, get your once-yearly credit score free from the three major credit-rating agencies. Trans Union, Equifax and Experian will provide you a free credit score through the Annual Credit Report site. I've found the site to be a bit clunky, but if you have some time, you can work your way through it. When you're getting ready to buy your next house, a good credit score is vital. Not only a good score, but an...Continue Reading!
The end of 2011 came with few surprises for those of us in real estate, and one big one. The inventory of homes for sale in Metro Denver is nearly 40% below this time last year. It's so low, that I can remember a time when it was almost triple what it is now. What this will most likely do is accelerate the pace of home sales. With less on the market, it should take less time to sell your house. Eventually, the...Continue Reading!
[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!