I am very excited about the revamped tax credit for first time homebuyers that was included in Obama's recovery package. Now that it doesn't need to be paid back to the government, which I thought was ridiculous, I believe more consumers will take the plunge and buy their first home. Being able to reduce your tax liability by up to $8,000 is a huge benefit. Given it's the lessor of 10% of the purchase price or $8,000, I'm pretty confident I'll be able to find buyers homes in my market for over $80,000. My Evergreen market is one of the top areas in the entire Denver Metrolist market for average price ($575,000). Shouldn't be a problem helping my clients get the full tax credit.
Think positive and good things will follow.
Because Evergreen & Genesee(Golden) is known for having some amazing Million Dollar properties, I wanted to share with you all how that segment finished the year. Traditionally, homes priced above a Million are going to take a little bit longer to sell up here. The Buyer pool is smaller than most places and those that can afford a luxury home have a more critical wish list. Simply being in a prestigious neighborhood, i.e. Soda Creek or Hiwan in the Evergreen area, does not necessarily mean a Buyer will settle for quirks. Many times it takes a soft consultation to give mountain Buyers a comfort level that will result in a purchase. As a Certified Luxury Home Marketing Specialist, I am able to listen to my client's needs and offer constructive advice so they feel comfortable.
That being said, below is a breakdown of our Million Dollar market in the Foothills. If you have questions, please don't hesitate to call.
2008 is behind us. It wasn't all bad in our Foothills community. Located 30 minutes West of Denver is Evergreen, Genesee, Conifer, Morrison, Pine, Bailey. Mountain living is unique to many. Coming from this ex-California boy, it's pretty easy...as long as you have the right tools (snow tires, all wheel drive, and a snow blower).
Living here for 5 years now, I can say that I'm a veteran Winter dweller. That being said, our housing market has seen it's bumps and bruises. More and more buyers are extremely picky and the littlest things are now causing some buyers to simply wait until the next round of homes that come on the market. Unlike the flat lands of the Denver Metro area, buyers in the Foothills are concerned about access, dirt v. paved roads, county maintained roads v. private, public services v. septic - wells - propane tanks, steepness of yards, how the home faces the sun. I can confidentally help my clients understand each element and give them my perspective as an implant to mountain living. They appreciate that.
The following stats are available on my website. We saw the popular North Evergreen area take a big hit last year. The Median home price dumped 13% over 2007. Whereas South Evergreen only saw a slight drop of 1.3%. The good news is that days on the market dropped for both areas of Evergreen. The Highway 285 Corridor including Morrison, Conifer and Pine saw a drop in Median prices by nearly 8%. The bright spot came from the Interstate 70 Corridor area known as Genesee/Lookout Mountain in Golden. Median home prices actually increased 1.6% from 2007.
I'm seeing good homes, with proper pricing going pretty quick still. The average days on the market for active homes is hovering around the 200 day mark. That's primarily because there isn't much coming on the market and what's already there has some quirks that buyers are not settling for.
Being somewhat of a resort town that is close to Denver and the ski country, I believe our market will stay pretty steady in 2009. Buyers are more aggressive but as long as Sellers are pricing correctly and enhancing their homes to meet with today's buyer needs, they should sell in a reasonable amount of time.
Enjoy reviewing these stats and if you have questions, don't hesitate to contact me.
So I saw this news report on ABC this past Tuesday and I was pleased. The national media has been affecting our market in Colorado by scaring the daylights out of folks. I've been saying for the past year, the areas that are in recession are just catching up to what we've been experiencing the past 4 years. The news that shows Colorado as 1 of 7 states expanding and not in recession should encourage all those Buyers and Sellers within our fine state and those looking to relocate to Colorado.
So this California boy just can't get over how beautiful snow and blue skies blend. We got our first snow last night. Albeit only an inch with no real accumulation, the trees have a wonderful white tint. We're at 8200 ft so the air is crisp as it is clean. The best thing I can appreciate about Evergreen is the fact that our County roads are meticulously maintained. Learning to adapt to the snow filled roads was a piece of cake when they get plowed and graded regularly.
I had to share these photos of my yard as this town of Evergreen I have called home for the past 5 years never ceases to impress me. To see more pictures, visit http://www.TourEvergreen.com
Voted "2011 BEST OF". As a CRS, CLHMS, CMAS, an Independent Broker Owner, husband and father, know that I will offer the most creative & strategic services to meet my client's goals.
Business Experience: Licensed since 2004, I combine my 18+ years of sales experience with a sincere interest in assisting my clients to achieve their goals in the shortest amount of time. I am consistently ranked among the top 10% of REALTORS in our community. With my success rate and advanced education, I have achieved the status of a "Certified Residential Specialist", of which less than 4% of REALTORS Nationwide hold this designation, a "Certified Luxury Home Marketing Specialist" and a "Certified Mountain Area Specialist".
~Voted "2011 BEST OF.." by Mountain Connection readers (circulation 22,000) for Evergreen, Conifer, Pine, Bailey, & Genesee areas.
~In evaluating the most strategic position for selling your property, I don't simply deliver a "CMA" to you. I design a Market Momentum Report with a Qualified Home Assessment.
~I am a member of the National, Colorado and Mountain Metro Association of REALTORS, the Council of Residential Specialists, the Institute for Luxury Home Marketing, and the Evergreen Downtown Business Association.
~My newly upgraded website: http://www.comountainliving.com/ receives on average 7500 hits and 175 unique visitors per month.
~My "Showing Desk" administrators can be contacted well after the bigger brokerages close for the day.....up to 8pm in fact. This gives my selling clients an advantage as those night time drive-bys can result in more buyers viewing their home.
On a personal note: I am happily married to my wife of 10 years, Patty, and have a wonderful daughter, Gianna. We moved to Colorado in 2003, after spending my entire life living in the San Francisco Bay Area. Luckily, I traveled to New Jersey for 5 weeks on business and found my lovely soon to be wife. I am an avid tennis player and softball player {currently the captain of the Dugout Daddies in Evergreen}.
Community Involvement: It's important when you choose a REALTOR, you interview those that seek to give back to their community. My goal is to commit time and resources to a number of organizations and family activities.
~ I am Past President of the Evergreen Downtown Business Association which is a non-profit organization made up of local business owners located in Downtown Evergreen.
~ Having a downtown office and being a member of the Evergreen Downtown Business Association, I actively participate in annual events like the Halloween Walk, December Holiday Walk, Classic Car Show, Dam Ducky Derby, and the Evergreen Rodeo Parade, along with many others. I am the creator of the only Downtown Evergreen Walking Map distributed by local businesses, B&B's, the Chamber as well as Denver Airport, Red Rocks Visitor Center, various Metro area hotels and the 16th Street Mall Visitor Center. It's my way of helping visitors and residents know what's available in the "Heart of Evergreen". I am the creator and currently the webmaster of an innovative website dedicated to inform the community as to what's happening downtown, visit: www.HeartofEvergreen.com.
I recently completed an online video tour of Evergreen: www.TourEvergreen.com.
As a Certified Residential Specialist I have consistently achieved a high level of success. As a Certified Luxury Home Marketing Specialist I have successfully sold property that is priced at the top 10% of our market, which for your reference is above $700,000 and reaches well over $1,000,000. As a Certified Mountain Area Specialist, I have intimate knowledge and expertise of mountain properties that a Buyer or Seller should demand from their REALTOR when targeting such a unique area. Each of these designations require extensive training and substantiated production.
I have a strong network of service providers to assist my clients with any question. These include Home Inspectors, Well Inspectors, Septic Tank Inspectors, Water Testers, Mortgage Providers, Financial Providers, Insurance Providers, Builders, Handymen, and Architects to name of few.
This message is meant to offer you some insight into how Chris Vinci worked with me. I asked Chris to sell my house in area that takes about 6-12 months to sell. After 90 days, I was frustrated with the lack of offers. I had already relocated out of state and was getting anxious. Chris explained he had my home strategically and extensively marketed to the public and other Realtors. I decided to terminate my contract with Chris and hire the #1 Realtor in the area. Prior to the termination, Chris explained that he was working with an agent who had an interested Buyer and that my home was their #1 choice. I didn’t care and fired him anyway. The new agent convinced me to lower my price $25,000. Two weeks after signing with the new agent, Chris called to advise me that the agent he was working with was in fact submitting an offer. I asked Chris to represent me during the transaction. We successfully closed on the sale but for $33,000 below where Chris had originally started working with this agent. I believe if I had listened to Chris in the first place, I would not have lost nearly as much equity in my home. If you trust the agent you hire to begin with, trust them when they offer advice. Call Chris Vinci if you want straight talk.
Confidential Seller in Evergreen
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"Thanks Chris. You've nailed it from the beginning to the end providing amazing service and communication. That's pretty rare these days so I very much appreciate it."
Brian & Kristine relocated from Utah.
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"We truly enjoyed the process of buying our new home in Evergreen with you. You are very professional and always explained the details in a very careful and thoughtful manner. You are without a doubt the best real estate broker we have worked with and would highly recommend you to anyone that would like to have a positive real estate experience. We really appreciate that you kept us informed thoughout the home buying process. Thank you very much for your assistance!"
Todd & Patty hired da Vinci Realty to purchase a vacation home.
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"We normally wouldn't do this, and have never endorsed anyone in the past, but we wanted to share our experience with an exceptional listing agent. Chris Vinci was always professional, aggressive when necessary, accessible 24/7, absolutely dependable, and a consummate seller. We had listed our house through another realtor for six long and unsuccessful months. After we switched to Chris Vinci, our home was sold in one week! Chris outlined a strategy for us, and events played out almost exactly as he planned and expected. I am convinced we would have gotten an even higher offer had we found Chris when we began this process.
If anyone in Colorado is concerned about selling their home and who they should list their home with, get Chris on your side. You won't be disappointed."
Melissa & Mark hired us after using a "Discount Broker". We never met as they already moved back to Maryland.
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