Denver/Boulder Colorado Real Estate

The problem with most real estate search engines is that you have to search by zip codes, cities, or VERY LARGE areas. Sometimes you may have a very specific area that you'd like to search. Wouldn't it be wonderful to be able to limit your Denver real estate search to an area on a map by drawing your own boundaries? You could create your own "perfect neighborhood" and limit your search to this region. Even better, you'd be notified by email whenever a new home came on the market in this neighborhood of your creation.

Our new Polygon Search is almost ready for launch. And it will allow our users to draw a shape on our Google Map and limit their home search to this very specific "neighborhood". Pretty cool, right?

We've had so many requests from people searching the Denver and Boulder regions for this type of feature that we just had to do something about it. I'm proud to say that this feature is now in its testing phase and will be ready for launch shortly.

Thanks for your feedback!

Sometimes you have to take what you read and watch in the news with a grain of salt. Then there are times like these, and news like the foreclosure rate in the Denver real estate market.

I've been reading about this trend for months and months, just like everyone else. And I've seen evidence that there are still pockets of real strength in this market. Ever-popular places like Wash Park and Highlands may weather this storm pretty well. Places like Boulder and Louisville and Golden still seem pretty strong.

But I had to take a moment when I realized that 75% of our pending contracts are on short sale and foreclosure properties.

It's sad to say that the market will likely get much worse before it gets better. No new news here, just the continuing realization that we are seeing something extraordinary in this real estate market.

I love investing in the stock market. I got started managing our families investments years ago when I looked at the fees we were being charged by the large firm who was managing our portfolio, as well as the rate of return we were getting. That was enough to make me dedicate several hours a week to managing our own portfolio. I'm doing a much better job that the "professional" who was managing our money, and I've grown to love the research and patience it takes to make money in the stock market.

One of the first lessons you learn is to divorce yourself from emotional selling and buying. Put it this way: if you see it on CNBC then it's too late. If they're reporting a down day in the market and you or your broker sold stock that day then you're just one of the lemmings. Emotional down markets are simply like the flashing blue light at KMart: sale time for smart investors.

Can the same be said for real estate markets? I've seen some recent evidence of this in the Denver real estate market. It will take years for me to understand if some of the investors I've seen scooping up properties (using cash much of the time) are ahead of the game, or unwise. I tend to think they're ahead of the curve...mostly for obvious reasons like: if you're using cash to buy properties (plural) then you likely have a good head for investing.

It will be interesting to watch how this unfolds.

Stocks and real estate. Can anyone predict with any amount of accuracy what will happen in either of those markets? Probably not. But we are seeing an increasing number of commentators using the word recession.

The Denver real estate market continues to be a confirmed buyers market. There are high number of foreclosures and short sale properties, and we've seen a dramatic drop in the number of investors that we deal with.

The truth is that anyone shopping for real estate right now should be looking at the mid to long term range- at least 7 years and maybe longer. I think that the days of moving every couple of years are gone.

The Boulder/Denver mortgage market is also becoming increasingly cautious. Yes, it's about time. And nobody should feel sorry for the banks and lenders who are going out of business as they created their own problems. Doesn't it seem crazy in hind sight that banks were lending money to people who had no proof that they could pay the money back? Well, we're seeing more stringent lending policies coming into place. We're even seeing bank-owned properties requiring buyers to sign an addendum stating that they are not even SHOPPING in the sub-prime mortgage market. That's new.

The Denver real estate market continues to stay relatively flat, with increasing inventory and stagnant or dropping prices. But just like every market in the country, our little corner of the world has pockets of strength. Places like Louisville seem to be weathering our current housing storm pretty well.

After being named to America's best places to live a few years ago, Louisville has remained on the map as a great place to live in Boulder County. Residents enjoy an old fashioned Main Street, bristling with activity, restaurants, and shops

People who are actively shopping for homes in the Metro Denver area can expect a large variety, with higher than average prices, and plenty of inventory to choose from. Take a quick look at the active homes for sale in Louisville right now.

And feel free to give us a call at 303-415-2541 if you'd like to set a private home tour. Remember, all of our clients receive cash rebates equaling 2/3rds of our commission. That comes out to about $9,200.00 on a $500,000 home purchase.

See our Buyer's information page if you'd like more information on our incredible rebate programs.