Denver, CO

Denver news you can use. Denver CO market update and mythbusting.

02-29-12

Cory Fitzsimmmons, Realtor, Denver, CO: Real Estate Agent in Wheat Ridge, CO

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Office: (303) 238-4734

Mobile: (720) 581-2885

Denver news you can use. Denver CO market update and mythbusting. What a start of 2012! With all the news/views flying around I thought I would give you my point of view. The market is crazy right now and I am sure we all have a different idea of how our market is doing. Here are some key myths/points for you:

Myth #1: the market is not that great. #2: its a buyers market. #3: there are lots of good deals. #4 it's not a good time to list. #5 it not a good time to buy. #6 it's not a good time to invest

Truths:

*Rental vacancy rates are VERY low: metro area average is 4%, some counties are at 0%!

renters are struggling to find a place to rent, investors are salivating: supply vs demand

*Rental rates are going up.

It could be cheaper to buy vs rent

*Metro Denver Inventory (homes for sale) is down over 40%

I have buyers waiting for homes to come on the market, Denver needs listings! It IS a good time to list your home.

*Days on the market are going down.

Low inventory, quick/mulitple offers are not uncommon sold home

*Values are going up and/or stabilizing (location specific)

Supply vs demand, sellers are getting asking price, sometimes over asking price

*Overall completion is very steep.

Well priced homes are moving! Lots of folks waiting to pounce on good deals

*Interest Rates are still very low.

*Lenders are finally loosing up

I have buyers waiting! The Denver market needs listings! If your considering investing or listing your property give me a call. Have we passed the bottom of the market???

We all know some homeowners that are struggling and I can help provide some options. Please send them my info, it is important they know they have options.

Just announced: HUD just announced that they are increasing the up-front mortgage insurance premium and the annual mortgage insurance premium for FHA loans that have case numbers assigned on or after April 1, 2012.

The up-front MI payment will increase from 1.0% of the loan amount to 1.75% of the loan amount.

The annual MI payment will increase from 1.15% of the loan amount to 1.25% of the loan amount.

As always, if you have any questions please give me a call.

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Real Estate Video Production in the Denver Metro Area - An example

02-28-12

Strauch Nathan

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Office: (303) 219-0043

Mobile: (970) 222-0084

Real Estate Video production in the Denver area is really taking off! It's not nearly as expensive as it used to be, and for most who use it, is becoming an invaluable source of traffic to the listing, their website, and their phone. Below is a quick example of one of our recent productions to show you what so many are asking for.

The following is a custom Real Estate Video Production by HotShotPros.com . The video production was produced for Amy Kenney at the Firm Metro Brokers and our imaging can be found on the MLS as well for this listing.

HotShotPros has professional HDR Photography, Virtual Tour, and Video Services from $170.00. Please feel free to call us with any questions that you may have, or to start marketing your listings the right way in the Denver Metro and Fort Collins areas.

Enjoy!

You can view the static High Definition Virtual Tour here: Click Here

You can see the property webpage here: www.CustomCastlerockhome.com

Take a peek at the video on YouTube here:

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Don’t Get Caught in the Impact Zone. By Dan Polimino.

02-28-12

Daniel Polimino

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Office: (303) 893-3200

Mobile: (303) 522-1161

Over the Holidays, I was vacationing in Hawaii and if you have ever been to Hawaii in the winter, you know that you can expect some great swells. The North Shore of Oahu is famous for their 20-foot swells in the winter. I was on the Big Island where the waves are much smaller and that was a good thing because I am far from being a pro when it comes to boogie boarding or surfing. Nonetheless, I wanted to teach my son and daughter to boogie board so we headed out to tackle the waves. While they did great, I, on the other hand had my fair share of wipeouts. Boarding or surfing is one of those sports that you need to practice week in and week out. It had been a while since I boogie boarded last, and boy did it show.

More than once, I found myself caught in the impact zone. That’s the area where the waves close out and crash directly on you. Even though I know how to duck under massive surf, I still got caught a few times, getting rolled by waves. The problem was my INDECISION. Many times I would be in the impact zone and I knew that I should either be farther out before the waves closed out, or I should be farther in, close to shore. It was my lack of making a smart, quick decision that often got me hurt. Each time I stumbled back to shore with a hurt knee, shoulder, foot, or back. I was painfully aware that I was 43 and getting older by the minute. I realized that my indecision was hurting me.

How many of us can say that in our daily life? Our indecision may be hurting us! Maybe we keep finding ourselves in the impact zone because we have not made a decision to go forward or back. In real estate, this may mean it’s time to sell that house and move on to a new chapter in your life. It may mean making rental homes a new business for you. Or for someone thinking of buying, maybe the family has outgrown the house and it is time to move up. You’ve been indecisive long enough; you’re in the impact zone, so either move out before the waves crash, or move in safe to shore. Sometimes, the most uncomfortable place to be is in your comfort zone.

Dan Polimino is an Owner/Broker with Keller Williams Realty DTC. He can be reached at dan@coloradodreamhouse.com and www.coloradodreamhouse.com/denverpost

Click here to Get started searching for YOUR Colorado Dream Home.

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Spring is just around the Corner --- Is your Bike Ready?

02-26-12

Joan Cox, Denver Real Estate-720-231-6373

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Office: (303) 796-7000

Mobile: (720) 231-6373

Spring is just around the Corner --- Is your Bike Ready?

Denver has had a winter where the snow has lingered almost all winter, and residents are ready for spring! Once the snow is gone, runners and bike riders will be out in full force and ready to enjoy Denver’s great weather! Bikes available

Is your bike in working order? Need a tune-up? Ready for a new bike? Many different bikes are available.

Cannondale
Trek
Bianchi
MirraCo
Fitbikeco

Golden Bear Bikes has a variety of bikes available for kids, men and women. Other items available at the store -

~ Unicycles
~ Parts for your bike
~ Accessories
~ Bike Clothing
~ Repair

Bike riding in Colorado

There is a link on their web site for all upcoming bike riding events in Colorado complete with web information and phone numbers. There are cycling events on the plains and in the mountains. Check out the TIPS to keep your bike in great working condition.

Golden Bear Bikes
290 Nickel St.
Suite 100
Broomfield, CO 80020
303-469-7273
Hours: M-F 10-6, Sat 10-5, Sun 11-4

Map to Golden Bear Bikes

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Denver's Restaurant Weeks - 2/25-3/9/12

02-25-12

Joan Cox, Denver Real Estate-720-231-6373

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Office: (303) 796-7000

Mobile: (720) 231-6373

Denver's Restaurant Weeks - 2/25-3/9/12

Foodies in and around Denver have been waiting for these two weeks!

For two full weeks patrons will enjoy a meal for two for $52.80 (derived from our MILE HIGH City) or $26.40 per person not including tip or tax! During these two weeks there are over 300 restaurants participating in an annual event that has been a hit for the last eight years.

In 2011, over 300,000 meals were served, and this year has been anticipated to increase over 10% over last year. Servers work their hardest during these two weeks and patrons should be generous with tipping!

Denver restaurant week

Some restaurants have reduced the portions of the meals and included wine or dessert. All restaurants are offering $26.40 person! Some high-end restaurants and popular local spots are already booked, and you can check out on this web site for participating restaurants with availability.

This is a great time to be adventuresome, try a restaurant, or a type of food you haven't tried before.

Fun at restaurant week