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Denver has a less than a 1% risk of declining values. This from third quarter data released from the Office of Federal Housing Oversight. Only twelve of the largest 50 metropolitan markets have such a low risk.
The areas of greatest risk tended to be those with large price increases over the past 3 years.
The Rocky Mountain News also reported the Denver area is stronger than many others.
Check out the video below, with some more facts and figures!
Contact the Get Home Denver Team for more information!
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The Get Home Denver Real Estate Team works primarily by referral only! What this means is in order for us to do business we need to have some kind of working relationship. Over 90% of our business comes from people we have worked with in the past, or a referral from one of these people.
We also love talking with new people we meet online! Our focus with our on-line presence is to provide valuable information and insight, then when you are ready to buy or sell real estate, we hope you will consider our services.
The truth is, most agents spend most of their time, effort and energy trying to find new clients. Things like cold calling, mass mailing or print advertising. I'm sure you've seen plenty of it! We don't do any of that! We spend the majority of our time servicing the needs of our clients. The philosophy is that if we do a great job for you, you will be happy to refer us to your friends and family. Thus, we don't need to spend time looking for new business. We choose to spend our time developing our relationships, finding you the perfect property, or finding the perfect buyer for your home.
This is truly a Win-Win proposition!
Contact us for any information you may need!
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Colorado Realty Professionals and The Get Home Denver Team, take pride in our educational approach to homebuying. We understand the many questions and concerns of homebuyers, and we counsel our clients in every aspect of a possible transaction. Since purchasing a home is one of the largest investments most people make, we want to assure you that it is our goal to offer the most professional and informative service available in the Denver Metro Area! We sit down with every buyer client and answer all your questions before we start looking at homes. Some areas we cover are:
We will be present at your application with the lender and all the other occasions mentioned above to help with questions or concerns that you may have.
The Get Home Denver Team looks forward to serving you!
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Centennial, CO - Centennial REAL ESTATE & HOMES SALES NUMBERS FROM January 2008
REAL ESTATE MARKET ACTIVITY REPORT
Centennial, CO is another area seeing an increase in activity in the local real estate market for the New Year. Proper home pricing is key. You need to have your home in great shape (get that to-do list taken care of!) and priced right to compete against other Centennial homes in the area. And competing you are. Inventory levels for Centennial real estate are just under a 4 month supply - and although that number is good, it is typical for January numbers to be a bit lower as people do not usually list their homes in late December unless they absolutely have to. Now that we are through January real estate trends tell me we will see an increase in inventory in the weeks to come.
There is a lot of inventory out there but there are buyers and if you truly want to sell your home, you need to listen to your Denver REALTOR® and price it right. They can market it up and down and back and get plenty of traffic in there for you, but if the price isn't right, todays educated home buyers are going to chose another Centennial property that is priced right!
Here are numbers for January 2008 regarding the real estate activity in Centennial, Colorado.
On February 1, 2008, there were 480 homes that were Active Listings - Homes for Sale in Centennial.
Of those, 149 were new Centennial real estate listings in January.
In January 2008, there were 123 homes that were Under Contract.
51 homes in Centennial closed in January.
*Statistics from MLS deemed accurate but not guaranteed.
*These numbers may not include FSBO and New Construction.
Steve Scheer,RE/MAX Masters, Inc.
Denver Real Estate - Lone Tree Real Estate
You can read more about local activities and local real estate on Real Estate in Denver and the Suburbs.
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Wrapping up 2007 and ready to move onto 2008.
Market Statistics for December can be confusing - notoriously it is the slowest time of the year - but the Denver metro real estate market has had a healthier go of it than other parts of the nation. The gloom & doom that the media is reporting - Well, like your mother always told you, don't believe everything you hear or read. Yes, things have slowed a bit, but we are fortunate to have a healty real esate market here in the South Denver area and I expect 2008 to only get better.
Here are the AUS Aurora South numbers for December 2007 - Aurora South and parts of Centennial
Aurora South - Residential Real Estate - Single Family Homes
Total Active 1478
Average Asking Price Price $235,712
New Listings 401
Listings Back on Market 163
Sold 243
Average Price Actually Sold $192,623
% of List Price 98%
Days on Market 93
Under Contract 268
Expired Listings 152
Aurora South Condos & Town Homes
Total Active 791
Average Asking Price $128,299
New Listings 192
Listings Back on Market 90
Sold 89
Average Price actually sold $99,486
% of List Price 95%
Days on Market 117
Under Contract 122
Expired Listings 97
*Statistics from MLS deemed accurate but not guaranteed.
*These numbers may not include homes that are sold by owner (FSBO) and New Construction
Steve Scheer, RE/MAX Masters, Inc.
Denver Real Estate
You can read more about local activities and local real estate on Real Estate in Denver and the Suburbs.
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