About Denver's Green Valley Ranch

The newest active adult community in Denver, Colorado is the Fairway Villas at Green Valley Ranch. The community opened to rave reviews in 2011 and is planned to be an intimate sized neighborhood of just 220 single-family style homes. Fairway Villas is located within the larger Green Valley Ranch community which boasts a fantastic golf course complete with a clubhouse, pro-shop, restaurant and more.

The Green Valley Ranch Golf Course is a par-72 course offering 18-holes of exciting golf, ideal for players of all skill levels. This impressive course is also home to the Colorado Open Golf Championships. The golf course clubhouse boasts a full-service pro-shop where residents can take advantage of special discounts, exclusive rates and preferred tee times. The Green Valley Ranch Golf Academy is a golfers dream come true with an indoor/outdoor driving range and personalized instruction opportunities. The Eagles’ Nest restaurant is the perfect dining destination and will also deliver meals to residents of the Fairway Villas Denver. The golf course is easily accessible via a direct path which leads to the site of the future resident clubhouse for the Fairway Villas.

The future clubhouse for residents ofThe Fairway Villas at Green Valley Ranch will offer 7,400 square feet of luxurious amenities. Plans call for a fitness center, lap pool and spa, two hobby rooms and computer facilities. There will also be an outdoor swimming pool, an event lawn, miles of trails for walking and biking plus wonderful outdoor dining spaces including a terrace and fire pit area.

Although the clubhouse is still in the planning stages, residents are still able to enjoy the golf course and some special perks. Residents can take advantage of a complementary monthly spa treatment and have already started meeting their new neighbors at special events such as potluck dinners, poker tournaments, book club and more.

Homes at this Colorado 55+ community are all single-family style sized from 2,090 to 2,764 square feet. All of the homes offer a unique option to the traditional basement named “Smart Space” by Oakwood Homes. This is an extra room located on the main floor of the home that can be customized for any need whether it’s a home office, guest room, storage room or hobby room. Oakwood Homes is also dedicated to energy savings and guarantees energy rates for two years in their Energy Star qualified homes. If monthly utility costs exceed those estimates, Oakwood Homes will cover the difference. Prices for the energy friendly ranch homes at the Fairway Villas range from the mid to high $200’s.

The smart home designs, energy efficient features, fabulous golf and ideal Denver location all combine to create a sought-after Colorado retirement destination. The location of the Fairway Villas is just 15 miles to downtown Denver while even closer yet residents will appreciate having convenient medical facilities, recreation, shopping, dining and more.

For more information and photos of this and other CO active adult retirement communitiesplease visit 55Places.com. To stay in touch with us please join our Facebook page by clicking the Facebook link below.

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Featured Neighborhood: Green Valley Ranch Home & Real Estate For Sale

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When you are ready to look at homes (or have one to sell) in Green Valley Ranch of Denver CO give me a call. I would love the opportunity to earn your business! Mark at 303.204.8949.

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Denver Mortgage Update:

According the Federal Home Finance Agency's Home Price Index, home values are now off just 12.5 percent from their April 2007 peak nationwide. This, after a half-percent monthly increase in prices in May, on average.

Given the state of the market since April 2007, the Home Price Index results are a positive for both the housing market and the economy, but we have to remember that May's half-point increase is an average, and not specific to a particular area.

In contrast to "national markets", the real estate markets in which you and I live are decidedly local. It's a major difference and the distinction renders the Home Price Index somewhat less important.

After all, the HPI doesn't account for housing activity in individual neighborhoods like Highlands Ranch , nor does it track value across cities like Denver. Instead, it summarizes data in giant chunks of geography.

A quick look at the HPI regional data proves the point. Of the HPI's 9 tracked regions, only one was within one-tenth of one percent of the national, half-point average. The others varied by as much 1.3 percent.

As a sample:

• Mountain Region : + 1.7 percent
• New England : + 0.2 percent
• South Atlantic : +1.0 percent

And this is on a regional basis. The HPI's applicability to state, city and neighborhood markets is even less appropriate.

Denver Real estate values cannot be captured in a national survey. For home buyers and seller, what matters is the economics of a block, on a street, in a neighborhood. That type of granularity can't be tracked in a report like the Home Price Index.

The best place to get that data is from a local real estate agent that knows the market well.

Consistent with most post-home buyer tax credit housing news, the National Association of Realtors® says Existing Home Sales eased lower last month.

An "existing home" is a home that cannot be considered new construction.

The 5 percent drop in sales from May to June was expected, but a closer look at the month's data reveals some interesting trends.

First, repeat buyers accounted for 44 percent of home resales in June, up from 40 percent in May. That's a healthy increase for just 4 weeks' time and the tax credit is a likely catalyst. First-timer buyers bought starter homes owned by former first-timers, who were then free to "move up" to larger, more expensive property.

Housing markets can be trickle-up and, not coincidentally, the jumbo/luxury housing market is now in the midst of rebound.

Second, June's "distressed sales" accounted for 32 percent of all home resales, up from 31 percent in May.

A figure like this hints at the large role foreclosures continue to play in a Denver home buyer's home search strategy. And why not? The National Association of Realtors® suggests that distressed homes are sold at a 15 percent discount.

Lastly, take note that home inventories are rising. June's 8.9 months of supply is the highest in 10 months. Excess supply leads home prices lower, all things equal.

Overall, the Existing Home Sales data from June is a mixed bag. There's support for the middle- and upper-price tiers, but a growing overhang of supply. The market looks favorable for buyers given low CO mortgage rates and strong negotiation leverage.

After a down month in May, the sales of newly-built homes appears back on track.

As published by the Census Bureau, June's New Home Sales report showed:

1. A 24 percent sales volume increase from the month prior
2. A 2-month drop in the supply of newly-built home

There are now just 210,000 new homes for sale nationwide.

June's data is a major improvement over May, but it's possible that the true "Denver new home market" may be softer than the statistics suggest. This is for several reasons.

First, we're comparing June's sales data to the worst month in New Home Sales history.

In May, sales of new homes totaled just 267,000 units nationwide. That's one-quarter fewer sales than in the previous worst month in New Home Sales history. May's sales levels were awful by any measure but June's improvement to 330,000 units remains second-worst sales levels ever posted.

Second, although much improved, June's new home supply of 7.6 months is elevated versus the historical norm near 6.0 months. The last year has averaged 7.7 months.

For buyers of new homes in Denver colorado , this combination of low sales volume and higher-than-normal inventory may be a positive. It's the main reason why homebuilder confidence is reeling and the downturn has opened some doors for big discounts and deals. Free upgrades and closing cost credits can make a well-priced home even more attractive.

Plus, with mortgage rates at all-time lows and expected to rise, home affordability is may never be better.