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Castle Rock, CO

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Late Payment - Missed Payment - Possible Foreclosure?

02-06-10
Mike Hendren, Your Castle Rock Realtor®
Mike Hendren, Your Castle Rock Realtor®: Real Estate Agent in Castle Pines North, CO
  • view my blog
  • Office: (303) 268-4213
  • Mobile: (303) 503-1101
  • Secondary: (303) 335-0468

Colorado Foreclosure Hotline


In 2007 and 2008, there were almost 40,000 foreclosures filed in Colorado. Last year, in 2009, that number surged to over 46,000. There is encouraging news, however - about 80% of homeowners who met with a Colorado Foreclosure Hotlline counselor were able to avoid foreclosure.

Another disturbing statistic shows that about 70% of the foreclosed homeowners never tried to sell their home. Too many people are still unaware that when they can't make their house payment, they may still have options to avoid foreclosure.

We all have a difficult time admitting when we're struggling financially, but that is what must be done when your home and your credit rating are at stake. Financial distress is not uncommon and can be caused by a variety of factors beyond our control:
  • A payment increase on your adjustable mortgage,
  • job loss,
  • death in the family,
  • illness,
  • divorce,
  • or even military service.
What is important is to try to recognize when you might not be able to fully make your house payment and take action - ahead of time. PLEASE don't wait until you miss a payment or two. If you think this is a possibility, talk to a professional ahead of time, because "time" is the critical factor once the foreclosure process starts, and it technically starts as soon as your first payment is late.

The Colorado Foreclosure Hotline is a great place to start, but other possibilities would be an attorney or even a real estate professional who specializes in handling distressed properties. Look for a CDPE (Certified Distressed Property Expert) or an SFR (Shortsale Foreclosure Resource) designation.

These professionals can explore every option and help you work towards a resolution. Losing one's home is a devastating prospect, but if handled properly, at least the long term consequences can sometimes be mitigated.

Remember: Time is of the essence - - AND help is available!

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Castle Pines North Home Sales Dec 2009

01-10-10
Rita Burke ~ Denver Luxury Homes ~ KennaRealEstate.com
Rita Burke ~ Denver Luxury Homes ~ KennaRealEstate.com: Real Estate Brokerage in Highlands Ranch, CO
  • view my blog
  • Office: (303) 955-4220
  • Mobile: (303) 710-5657
  • Secondary: (800) 278-4991

Castle Pines North Home Sales Market Report
Dec. 2009 Castle Pines North CO 80108 ~ Residential Homes

18 homes sold in Castle Pines North in December 2009. Sold prices ranged from $306,300 to $895,000. Price per square foot ranged from $125 to $324 per square foot. Only one of the homes sold was a bank owned property.

Home Sales Castle Pines North


Dec 09
Closed Sales 18
Average Sales Price $491,757
Average Price per Square Foot
 $184
Average Days on Market
 204
Percent of Original List Price 88.8%


Castle Pines North Real Estate Market
Sold Dec. 2009 ~ 18
Active Listings Jan 10, 2010 ~ 76
Pending Jan 10, 2010 ~ 19

Castle Pines North CO Home Sales Dec 09 pie chart

 Homes for sale in Castle Pines North

Homes for sale in Castle Rock

 If you have any questions or would like a custom Market Report for a specific area feel free to contact us at Kenna Real Estate

This Market Report is brought to you by Rita Burke, Kenna Real Estate. The report is for residential single family homes only and may not include all sales activity in the area. Figures for sold prices used are NET sold price, price after seller concessions or down payment assistance, if they were offered. This report or any part of it may not be used without permission from Rita Burke.

*Disclaimer: Data based on information from Metrolist, Inc. Metrolist Inc. does not guarantee nor is any way responsible for its accuracy. Content maintained by Metrolist Inc. may not reflect all real estate activity in the market. Information is deemed reliable but not guaranteed. Reported sales were not necessarily listed or sold by Kenna real estate and are intended only to show trends in the area. Disclaimer: Kenna Real Estate does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.

Copyright 2010.© Kenna Real Estate. Rita Burke. All Rights Reserved. "Castle Pines North Home Sales Market Report"

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Castle Pines Village Luxury Homes Real Estate Market Dec 2009

01-10-10
Rita Burke ~ Denver Luxury Homes ~ KennaRealEstate.com
Rita Burke ~ Denver Luxury Homes ~ KennaRealEstate.com: Real Estate Brokerage in Highlands Ranch, CO
  • view my blog
  • Office: (303) 955-4220
  • Mobile: (303) 710-5657
  • Secondary: (800) 278-4991

Castle Pines Village Luxury Homes Market Report
Dec. 2009 Castle Pines Village, Castle Rock, CO 80108 ~ Residential Homes

Five luxury homes sold in Castle Pines Village in December 2009. Sold prices ranged from $800,000 to $2,795,000. Price per square foot ranged from $331 to $483 per square foot. You see a large difference on days on market for luxury homes. Average days on market for Castle Rock zip code 80108 was 250 and for Castle Pines Village - 492 (Castle Pines North average days on market was 204).

Home Sales Castle Pines Village Luxury Homes


Dec 09
Closed Sales 5
Average Sales Price $1,739,000
Average Price per Square Foot
 $446
Average Days on Market
 492
Percent of Original List Price 79.7%


Castle Pines Village Real Estate Market
Sold Dec. 2009 ~ 5
Active Listings Jan 10, 2010 ~ 98
Pending Jan 10, 2010 ~ 8

Castle Pines Village, Castle Rock CO Home Sales Dec 09 pie chart

 Homes for sale in Castle Pines Village

Homes for sale in Castle Rock

 If you have any questions or would like a custom Market Report for a specific area feel free to contact us at Kenna Real Estate

This Market Report is brought to you by Rita Burke, Kenna Real Estate. The report is for residential single family homes only and may not include all sales activity in the area. Figures for sold prices used are NET sold price, price after seller concessions or down payment assistance, if they were offered. This report or any part of it may not be used without permission from Rita Burke.

*Disclaimer: Data based on information from Metrolist, Inc. Metrolist Inc. does not guarantee nor is any way responsible for its accuracy. Content maintained by Metrolist Inc. may not reflect all real estate activity in the market. Information is deemed reliable but not guaranteed. Reported sales were not necessarily listed or sold by Kenna real estate and are intended only to show trends in the area. Disclaimer: Kenna Real Estate does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.

Copyright 2010.© Kenna Real Estate. Rita Burke. All Rights Reserved. "Castle Pines Village Luxury Home Sales Market Report"

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The Meadows Castle Rock CO Home Sales Dec 2009

01-10-10
Rita Burke ~ Denver Luxury Homes ~ KennaRealEstate.com
Rita Burke ~ Denver Luxury Homes ~ KennaRealEstate.com: Real Estate Brokerage in Highlands Ranch, CO
  • view my blog
  • Office: (303) 955-4220
  • Mobile: (303) 710-5657
  • Secondary: (800) 278-4991

The Meadows Castle Rock Home Sales Market Report
Residential Detached Single Family Homes ~ Dec 2009

11 Homes sold in The Meadows subdivision in Castle Rock in December. Sold prices ranged from $215,000 to $425,900. Price per square foot ranged from $113 to $170 per square foot. Five of the houses sold for under $120 per square foot. Three of the sold houses were bank owned and five were builder owned (new build).

Home Sales The Meadows Castle Rock CO 80109


Dec 09
Closed Sales 11
Average Sales Price $289,719
Average Price per Square Foot
 $128
Average Days on Market
 135
Percent of Original List Price 87.2%



The Meadows Castle Rock Real Estate Market
Sold Dec. 2009 ~ 11
Active Listings Jan 10, 2010 ~ 105
Pending Jan 10, 2010 ~ 24

The Meadows Castle Rock CO Home Sales Dec 09 pie chart

Homes for sale in The Meadows

 Homes for sale in Castle Rock

 If you have any questions or would like a custom Market Report for a specific area feel free to contact us at Kenna Real Estate

This Market Report is brought to you by Rita Burke, Kenna Real Estate. The report is for residential single family homes only and may not include all sales activity in the area. Figures for sold prices used are NET sold price, price after seller concessions or down payment assistance, if they were offered. This report or any part of it may not be used without permission from Rita Burke.

*Disclaimer: Data based on information from Metrolist, Inc. Metrolist Inc. does not guarantee nor is any way responsible for its accuracy. Content maintained by Metrolist Inc. may not reflect all real estate activity in the market. Information is deemed reliable but not guaranteed. Reported sales were not necessarily listed or sold by Kenna real estate and are intended only to show trends in the area. Disclaimer: Kenna Real Estate does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.

Copyright 2010.© Kenna Real Estate. Rita Burke. All Rights Reserved. "The Meadows Castle Rock Home Sales Market Report"

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Castle Rock Home Sales Market Report 80104 Dec 2009

01-10-10
Rita Burke ~ Denver Luxury Homes ~ KennaRealEstate.com
Rita Burke ~ Denver Luxury Homes ~ KennaRealEstate.com: Real Estate Brokerage in Highlands Ranch, CO
  • view my blog
  • Office: (303) 955-4220
  • Mobile: (303) 710-5657
  • Secondary: (800) 278-4991

Castle Rock Home Sales Market Report
for zip code 80104 Dec 2000 ~ Residential detached homes

21 Homes sold in Castle Rock 80104 in December. Sold prices ranged from $125,100 to $965,000. Price per square foot ranged from $72 (short sale) to $298 per square foot. Five (24%) of the sold houses were bank owned.

Home Sales Castle Rock CO 80104


Dec 09
Closed Sales 21
Average Sales Price $322,466
Average Price per Square Foot
 $142
Average Days on Market
 115
Percent of Original List Price 91%



80104 Market
Sold Dec. 2009 ~ 21
Active Listings Jan 10, 2010 ~ 219
Pending Jan 10, 2010 ~ 45

Castle Rock CO Home Sales 80104 Dec 09 pie chart

 Homes for sale in Castle Rock

 If you have any questions or would like a custom Market Report for a specific area feel free to contact us at Kenna Real Estate

This Market Report is brought to you by Rita Burke, Kenna Real Estate. The report is for residential single family homes only and may not include all sales activity in the area. Figures for sold prices used are NET sold price, price after seller concessions or down payment assistance, if they were offered. This report or any part of it may not be used without permission from Rita Burke.

*Disclaimer: Data based on information from Metrolist, Inc. Metrolist Inc. does not guarantee nor is any way responsible for its accuracy. Content maintained by Metrolist Inc. may not reflect all real estate activity in the market. Information is deemed reliable but not guaranteed. Reported sales were not necessarily listed or sold by Kenna real estate and are intended only to show trends in the area. Disclaimer: Kenna Real Estate does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.

Copyright 2010.© Kenna Real Estate. Rita Burke. All Rights Reserved. "Castle Rock Home Sales Market Report - 80104"

3 Comments