Looking for a new home in Parker, Colorado? Be sure to take a trip to the Stepping Stone community. Shea Homes is currently building three collections of homes at Stepping Stone in Parker. It's newest and most decadent collection, the Stonewalk Collection, is absolutely impressive! The Stonewalk Collection is Shea Homes' largest collection of homes at Stepping Stone in Parker. These homes were built with large families in mind. If you are looking for a home with 4+ bedrooms and bathrooms for … [Read more...]
Denver Real Estate Market Update – January 2018
Denver Real Estate Market Update - January 2018 Two words can describe the Denver real estate market in 2017: record breaking! In 2017 the record for highest average and median home prices was broken. Average home prices in 2017 hit their high in June with the average price of a home hitting $454,547, this number includes both single family detached homes and condos and townhomes. Let's break that down a bit. In June the average sales price for a single family detached home reached $498,762. And … [Read more...]
New Homes at Backcountry in Highlands Ranch, CO – The Painted Sky Collection
For years Shea Homes has been building beautiful homes at Backcountry in Highlands Ranch, Colorado. The Painted Sky Collection is Shea Homes's latest collection of homes at Backcountry. This is a collection of ranch homes. Homebuyers have the choice of three floor plans to choose from. And there are three model onsite to tour featuring each floor plan. Base prices range from the high 500's to the mid 600's. Some of the features that are included in the base price: - Laminate wood style floors … [Read more...]
Denver Real Estate Market Update – December 2017
Denver real estate market update - December 2017 What's going on in the Denver housing market as we see 2017 come to an end? https://youtu.be/hf9cJgpixO8 In November we saw several numbers drop including, homes sold, average sales price and inventory. Let's start with sales. In November 2017, 4,231 homes sold in the Denver area. That's down 13.51% from October and down 8.14% from November 2016. 4,321 homes went under contract in November which is down 16.86% from October but up 5.26% from … [Read more...]
The Best Website to Search for Homes in Denver – Go Direct to the MLS!
Are you shopping for a new home in Denver, Colorado? In this day and age most people find their new home online. But with so many home search sites available, which is the best? https://youtu.be/_sIBYnAebvs Most homebuyers looking for a new home in Denver will likely start their home search on a well known national home search site. A site like Realtor.com, Zillow, Trulia or Redfin. These are sites that are highly advertised and recognized. Unfortunately, homebuyers aren't well served by … [Read more...]
Denver Real Estate Market Update – November 2017
What's the news in Denver Real Estate this November? I have October numbers in hand and the big news this month relates to inventory. Housing inventory has been an issue in Denver for the last few years. And October showed no relief. In fact, October showed record lows in inventory. https://youtu.be/8L8RGNU7Uw8 Inventory in October was down 16.79 percent from September and down 6.22 percent from October 2016. So why is inventory down so much in October? Sold homes in October was actually … [Read more...]
Denver Real Estate Market Update – August 2017
What's new in the Denver real estate market this August? It's normal to have a drop in home sales from June to July each year. And yes, Denver had a drop in sales, a drop of 19.66 percent. https://youtu.be/h2epp7KrK30 That is quite a drop from June to July when the average drop in these months is 6.2 percent. So is there reason for concern? This Realtor says no. Although sales dropped by 19.66 percent, the average sales price of a home only dropped by .82 percent. Compare that to last year when … [Read more...]
Denver Real Estate Market Update – July 2017
With home inventory levels low in Denver it was a relief to see an increase in inventory this June. Inventory was up 19.75 percent over May and 3.87 percent over June 2016. Much of the inventory boost was due to an increase in attached homes listed on the market. Inventory of single family homes actually decreased from June of 2016 by .72 percent. But inventory of attached homes (townhomes, condos) increased by a whopping 22.49% over June of last year. https://youtu.be/n99Qiw6wj7c 5,712 homes … [Read more...]
Denver Real Estate Update – June 2017
May was another record breaking month in the Denver real estate market. Once again we saw an all time high in the average home price at $449,736, this is up 9.83 percent over last year and up 2.84 percent from April. The average price for a single family home came in at $490,700. And $317,082 for attached homes. (condos, townhomes) https://youtu.be/B8B8dWgeXc8 Home prices in the Denver area just continue to rise. Of all the available listings on the market only 41 percent are priced below … [Read more...]
Luxury Home Sales in Denver Area – May 2017
Homes that exceed 1 million in sales price are considered luxury homes. The Denver area is booming in the luxury home sales market. Although it is May, I will be sharing with you numbers from April 2017, as you can guess I won't have May numbers until next month. In April 139 luxury homes sold in the Denver area. That is a 2.96% increase over March 2017 and a whopping 37.62 over last year. The total sales volume of these 139 homes was $209,315,652. That's an average sales price of … [Read more...]
Going Through Divorce: What to do with the House
When divorcing, you have three options when it comes to deciding what to do with your house. 1. Sell the house and split the proceeds. 2. One spouse stays and buys the other out. 3. Keep the house jointly. 1. Sell the house and split the proceeds. This is without a doubt the easiest and cleanest way to split what may be your biggest asset. However, it may not be ideal if you want to keep your kids in the home. If you decide to sell your home, a tip that I would give you is to come up with … [Read more...]
First Time Homebuyers – A Guide to Buying Your First Home
Buying a new home can be both exciting and frightening for the first time homebuyer. On the one hand, homebuyers are thrilled to be finally buying a home on the other hand owning a home and having a mortgage seems like a big responsibility. First time homebuyers...fear not! The home buying process is pretty simple and with the right REALTOR and lender by your side, you will breeze through the process! And once you're in your home, you'll wonder why you waited so long to buy a home. The first … [Read more...]
