Brendan Winans -- Previews International

As you can see from the attached table, the average day on market in Superior has gone down to 59 from 84. The number of new listings is lower, and the absorption rate is quicker. As a Realtor who lives in, and serves, the Superior area, I can attest to the fact that Superior is further ahead of the curve then the majority of Colorado. For example, I listed and sold 2635 Clayton Cir. in less than 25 days. This is far superior to the 110-120 day average that the majority of Colorado maintains. If you or anyone you know is looking to buy or sell, give me a call to schedule a free consultation to assess the value of your home.

-Brendan Winans

*Graph provided by Land Title Guarantee Company.

Here are the statistics for the SSE Denver Metro area. As you can see, there has been significant improvement since 2007, and the improvement will continue to grow exponentially. Closings are up, days on market are down, inventory is down, inventory growth is down, rate of absorption is quicker, and prices are lower. All of these are good signs that we have turned the corner and are on our way back up. Now is the time to buy.

If you or anyone you know is looking to buy or sell, or just has questions about real estate, give me a call. My mobile is (303) 829-7214 my office is (303) 452-0540 ask for Brendan.

-Brendan Winans

*Graphs provided by Land Title Guarantee Company.

Luxury Colorado is intended to be a series of articles designed to educate consumers on the whereabouts/histories/real estate in Colorado's most luxurious communities.

The Luxury Colorado Series' will also proved its readers with information that may assist in a decision to move/purchase-real estate in one or more of the featured communities.

As a certified Luxury Realtor through Century 21 Fine Homes & Estates, I can assure you that by allowing me to represent you in the purchase/sale of your luxury home, you will receive the utmost in quality service.

• I am certified to sell luxury homes through the prestigious Century 21 Fine Homes & Estates certification program.
• I have a vast knowledge of the many different luxury communities located throughout Colorado.
• Through my experience, I have come to realize that no luxury consumer's needs are the same, and have learned to meet every individual need of my clients

Cherry Hills Village was established in 1945. Despite its exceedingly humble beginnings, Cherry Hills Village is considered to be one of the most affluent, as well as desirable, cities Colorado has to offer.

This truly unique city has established a highly coveted "rural" feel to its streets. This was done through a set of zoning plans that allowed for "limited" commercial use. The next course of action was to establish the city's governance as "Home Rule" (The principle or practice of self government by localities) rather than a "Statutory Town".

In just 20 years (1950-1970) Cherry Hills Village exploded from a population of 750 residents, to that of 4,605. A 514% increase in just 20 years. Today the city remains primarily rural, and has a recorded population of around 6,000 residents.

Cherry Hills Village has hosted two PGA Championships (1941 & 1985). As well as the 2005 Women's Open Golf Championship. Hosted at the beautiful Cherry Hills Country Club.

It is alleged, by its members, that the famous Arnold Palmer drink (half lemonade, half iced tea) had its start at the Cherry Hills Country Club when Arnold supposedly became angry at a bartender for not mixing lemonade into his iced tea.

Here you will find some of the most luxurious homes available in Colorado.

Listings in Cherry Hills Village range from around 500K-17.9M.

Some of the listings include:

21 Sunset Drive is Listed by: Luisa Staerkel of The Kentwood Company

20 Cherry Hills Park Drive is Listed by: Sandy Weigand of The Kentwood Company

1000 E. Oxford Lane is Listed by: Marlo A. Persichitte of MB Dardano and Associates

9 Lynn Road is Listed by: Gregory Geller of Vision Real Estate

If you are seeking space, yet still wish to experience the "Rural Luxury Neighborhood" feel, then Cherry Hills Village was designed with you in mind. Now is the best time to make your purchase in the Luxury Market. Don't wait until the supply is scarce, come home to Cherry Hills Village today.

If you would like to schedule a showing on any of the aforementioned listings, or would like to see other luxury listings in Colorado, call me to set a showing for a time that is at your earliest convenience. Ask for Brendan Winans.

Looking to buy or sell in the Luxury Market?

In this day and age, you need someone who can customize a marketing strategy that fits ALL your needs. Someone who has a vast knowledge of the luxury marketplace. Someone who is certified and has received rigorous training. You need Brendan Winans.

Brendan Winans

Century 21 Metro Alliance

Broker Associate

Fine Homes & Estates

Office (303) 452-0540

Mobile (303) 829-7214

I ran across this article today whilst thumbing through my copy of REALTOR® Magazine.

It was written by the Chief Economist for the National Association of Realtors® Lawrence Yun.

Incase you haven't heard of Lawrence Yun, he is one of the most brilliant economists I have ever kept my eye on.

He has predicted nearly every significant "happening" in the Real Estate economy long before any of them took place.

His words are not to be taken lightly. Anyways, with out any further delay, here is the article:

"A Housing-driven Recovery:

It's a good bet the economic picture will remain highly uncertain as we head into 2009. Yet there's good reason to believe the housing market has turned the corner. Housing in some of the country's hottest markets during the boom-California, Florida, and Nevada, among others-is once again starting to experience gains in home sales. The reason is increased affordability.

Existing single-family home prices have come down an average 20 percent to 30 percent in these hard-hit markets in the 12 months preceding September 2008. That price moderation has provided a compelling incentive to buy for households who've been sitting on the fence for the last two years.

The federal government has also helped with its long-sought increase in the conforming and FHA loan limits and the enactment of the $7,500 first-time homebuyer tax credit.

Even if the economy stays in the doldrums, it's likely that existing-home sales will remain on an upward trajectory. New-home sales will continue to struggle because of the inventory-overhang.

During the 2001-2003 downturn, the economy shed some 2 million jobs, yet existing-home sales rose from 5.2 million to 6.2 million units. The fact is, home sales can improve even in a recession if afford-ability improves. After all, even in a deep recession, I would expect that 93 percent of the workforce will retain their jobs.

To assure that housing continues its return to stable growth, NAR will be aggressively pushing to strengthen federal home-buying incentives.

Home sales have historically been the power-house for pushing our economy back into growth mode after a downturn. Given signs that improving affordability conditions are starting to drive home sale gains, the signs are good that home sales will spur the next economic recovery."

"Sales Still Up:

Existing single-family home sales were up in September as buyers took advantage of low prices. The EHS sales pace was 5.18 million units, up 5.5 percent from 4.91 million in August. NAR's forward-looking pending home sales index dipped to 89.2 from 93.5 in August, but was 1.4 percentage points higher than the 87.8 index in September 2007."

"Improvement Seen For Spring:

Practitioners' expectations for sales activity over the next six months is up at the prospect of a solid spring shopping season. Confidence in current seller and buyer traffic remains down, but federal efforts to shore up the economy haven't kicked in yet."

-Realtor® Magazine, December 2008 issue, page 14.

Hope you enjoyed this, please pass it along. As any intelligent person knows, half the battle is consumer confidence. It appears the media doesn't understand this concept as they continue to damn the market with their words. Do your part, spread truth.

-Brendan Winans

So right now I'm sitting in my third story, air conditioned, corner office with an outstanding view of the mountains. I'm wearing whatever I felt like wearing this morning, going over my inventory, making sure there is no marketing piece left behind.

View from my desk:

But there is something different to my look today. Today I'm sporting a fancy red, white, and blue sticker that boldly states "I VOTED".

Today I voted. Not only that but it was my first presidential election, and I also had the pleasure of taking my younger brother along, for his very first voting experience ever! The overall experience was very quick and very casual.

It was when we stepped outside that we truly realized what we just did. We looked at each other, realized we both were thinking the same thing. How we as Americans miss it. We miss the point. We are too busy arguing about who gets into office to take the time to be thankful that WE are even aloud to CHOOSE.

We stepped outside after voting, and we didn't have to be afraid of getting beaten, shot, or blown up. And yet there are people willing to take THAT kind of risk, just to cast their vote.

WOW...

And to think, there are people out there that are too lazy to get off their butts and get to the polls... it'll be those same people complaining about whoever becomes the next president too!

Please, humble yourself and take voting as seriously as it should be taken.

Thanks,

Brendan Winans