About Denver's Wellshire

Will insurance rates go down in 2011 for homeowners? As we all know in the past year, insurance rates have gone up. Some companies rates did stay flat, but big names such as Met Life Auto & Home and Travelers. had to take increases lately. I know a lot of other companies just beside those, who had to take increases. Such companies that include mayhem, and your good neighbors. So lets ask ourselves. Why did first of all did they go up, and when will they go down?

First of all, lets go back to the fact that insurance companies invest a lot of money in premiums they receive. Even though we have had a bull now lately in the stock market right it seems, companies lost a lot of money in the 08 crash. They are trying to play catch up. Also with the market right under 12k, and still a lot of uncertainty in the economy, its still not worth writing to home about.

Second, insurance companies have experienced a lot of claims in Colorado lately. When recessions hit, fraud goes up, and either way its going to cost the company. In July 2009 a mild hail storm rolled through Denver and area's nearby. It was labled a catastrophe, and cost Colorado insurer's nearly 768 million dollars in loss. The biggest in the States history for one storm. A total of 1.4 billion was paid out in 2009. So overall in the past couple of years property insurer's have gotten beat up.

Lets not also forget how many more homes and have already been lost in the housing crisis. With homeowners falling off the balance sheet due to foreclosure, the worse off it is for the insurer. The more people you have the in the pool, the better off the insurance company is. Even in my opinion, foreclosure's will continue to be a nightmare for property insurance companies.

My forecast is property insurance rates might continue to go up a little bit more. I am hoping to see a curtail at the end of the year depending upon unemployment, housing and where the stock market goes. Lets hope we see a drop, latest beginning of next year.

Featured Neighborhood: Wellshire Home & Real Estate For Sale

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When you are ready to look at homes (or have one to sell) in Wellshire of Denver CO home give me a call. I would love the opportunity to earn your business! Mark at 720.733.1548.

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Wellshire Neighborhood


The Wellshire Neighborhoodhas curving streets, a quiet atmosphere, and lush green lawns. People walking through the neighborhood or on bikes is a common site in thE Wellshire Neighborhood. Also known as Southern Hills, the Wellshire Neighborhood is one where most of the homes are frame and ranch style brick houses built in the 1950s and 1960s. In recent years, some builders have begun to purchase older homes in the Wellshire Neighborhood and replace them with new, larger homes. Even though the Wellshire Neighborhood is located in Denver County, the homes in the Wellshire Neighborhoodfeed into the top ranked Cherry Creek School District. Slavens Elementary School, one of the best elementary schools in Denver is the elementary school for the Wellshire Neighborhood. Located in southeast Denver, just 1 mile south of the University of Denver, the Wellshire Neighborhoodis a sought after community for all types of homebuyers and families.

The Wellshire Neighborhood is named after the Wellshire Golf Course which covers one-fourth of the neighborhood in the southeast corner. Originally a private country club, the city of Denver purchased the club back in the 1950s. Today, the Wellshire Golf Course is considered one of the best public courses in Denver. The Wellshire Inn located along Colorado Boulevard used to be the Clubhouse, but is now a popular event center and a favorite spot for weddings. At the end of 2008, the restaurant at the Wellshire Innclosed. It began a multi million dollar remodeling project to turn the clubhouse into an event center. A new 2700 square foot glass enclosed pavilion for large weddings of 250 or more will open in July 2010.

There are several shopping centers near the Wellshire Neighborhood on Colorado Boulevard near Yale. King Soopers, Sunflower Organic Market, and Chez Artiste movie house, are just some of the retail stores located minutes away.


The Wellshire Neighborhood is known for its quiet, community atmosphere, as well as lush, green lawns. There are plenty of opportunities for bike riding and walking in the neighborhood, and the well maintained homes offers plenty of interesting scenery. 5280 magazine described the Wellshire Neighborhood as one of the newest up and coming communities in Denver.

Click here for more information about the Historic Wellshire Golf Course and Inn

Posted By: Kerry Klun
Historic Homes of Denver 303-549-0818
www.historichomesofdenver.com


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Wellshire Golf Club, located at 3333 South Colorado Boulevard, features an 18-hole regulation course, pro shop and two restaurants. Designed by Donald Ross in 1926, and voted one of the best public facilities in the nation, Wellshire Golf Club strives to maintain that reputation. Its layout winds through mature trees, and the challenges on holes 12 and 14 are referred to by locals as "Amen Corner." You will repeatedly be drawn back to the unique Wellshire experience.