CNNMoney posted an article titled "Housing Market Diagnosis: Bipolar". This got me to thinking about treating the housing market like an illness, let me explain...
ADD Housing Market - this means that people are buying, selling, buying, selling... never sure what they want to do. You know the feeling, you decide to become a homeowner, then the second you sign the paperwork, yikes...what have I done? Fix a few things, and put on the market, hoping to make a fortune! Once sold, you buy again, never really making the fortune you were hoping for, or saw on TV with Armondo Montelongo.
Clinical Depression - Ya, you know it's time for a change. Like Goldie Lox, your current home is too small, too big, or just not right! When you think about what to do, the endless options are exhausting, so you retreat...hoping that by some miracle, the perfect opportunity will knock on your door.
Bipolar - the market is up, then down, then up again, then down again. This is what happens when you listen to the 24 hour news stations. The market conditions for every area is different. If the reporter is from California, the housing market is terrible, down another percentage...if the reporter is from Michigan, then the market is on the rise. Hearing all of this can make you crazy. Are we up, or are we down? Who the heck knows!
But what does all this mean??? Is Glaxo-Smith-Kline working on a miracle drug that we can put in our water system that will mellow us out, and see the housing market for what it is...an always evolving system. Lets face it, we are human beings, we have grown accustomed to a door to keep out strangers, a roof over our head to keep the rain out, and yes, even a yard for us to complain about when the grass is too long, or the water bill is too high because of the sprinklers... Until the day that we no longer require these things, houses will be needed!
Stop watching the 24/7 news stations! If you are curious, contact a local agent and get the information that applies to you, not the other 307,000,000 US residence. Really, what matters is your city, neighborhood, house!
So I got a great listing, and I wanted to showcase the property as quickly as possible, as it is a great home in a spectacular neighborhood. Bright and early Saturday morning, I head off to the store to buy some refreshments, and then off to the home.
Beautiful day, great home, lots of exposure. And I wait, and wait, and wait. The only visitors to my open house were other agents who, also learned a valuable lesson that day, "President's day weekend in Denver is a HUGE ski weekend" Add to that Valentines day and whammo, you've got disaster.
Yes friends, I have a wonderful listing in amazing Montclair neighborhood, with lots of living space, and room to expand the house and more than double the price, but no, I sat, by myself for 3 hours wondering why I didn't know everyone else was out skiing!
Learned my lesson, the next open house I hold will be nowhere near a holiday, and forget Valentines day, it's a day for couples, not house shopping.
I did get to meet some nice agents, though, as well as some great neighbors, who, although didn't come in, did waive and chat from the front yard.
Another beautiful winter day in Denver. Yes, yesterday it was blustery, snowy and cold, but as I look out of my office window today, I seen not a cloud in the sky and hardly a memory of yesterday's snow.
Funny how people around the country believe that if you live in Denver, you are up to your knees in snow from October thorugh April. Not so, in fact, for those of us who live here, we know to not even put away our shorts, because they could be worn many times throughout the winter.
So although it is always sad to say goodbye to the summer, we welcome the bright sunny days of winter mixed in with the occassional snow.
I live in a golf community just 20 miles east of Denver. When this community was started in 2000 it was hopping. Why, cheap gas prices, and the homes featured at least 1 acre each, all for around $300,000-$400,000.
Okay, while that may seem like a lot of money, the reality is that you could not touch 1 acre of land in the Denver metro area for much less than $1M.
Since moving there, we have seen gas prices surege to around $4.00 per gallon, before declining with the housing market. Many people have been laid off, this area is relatively close to DIA, where most of the residents work, and the airlines have taken a huge hit also.
But now, the Denver market is picking up! Yah! But what about our little community? It is still slow going. I was speaking with my neighbor the other day, who was wondering how much longer it would be before the market again turned toward Bennett? Happily, I replied, take a look around, the market is turning upward. Yes, the home prices are sluggish, but the number of homes on the market is low compared to 2 years ago, and yes, they are even starting new construction again! Whohoo!
Right now, if you are looking for a golf community, in a small town, with a 1 acre or more lot, this is the place. Prices for existing homes are hovering in the high $200k, but the new construction homes are priced in the high $300k.
It's a safe place to raise your kids! And businesses are booming here. Within the past 1 1/2 year, we have opened a Rec Center (currently building an indoor pool), a King Sooper, Subway, Cost Cutters, and they are starting to break ground on a McDonalds. Yes, we have all the big names!
Plus, this great Golf Community features its own restaurant/sports bar! Upstairs of the restaurant is elegant dining, and downstairs you can order pizza, wings, burgers and sandwiches. What more can you ask!
This fabulous community is called Antelope Hills in Bennett, CO. Whether you are ready to move now, or looking to build your own customized home, it's worth taking a look. Who knows, this may be exactly what you are looking for.
For more information on Antelope Hills Golf Community, contact me, 303-549-0805. We'll get golf carts and drive around all the homes for sale so you can see for yourself, that you are finally home!
Well, I opened my email again today, only to find another 5 spam emails either offering me the $5,000,000 I won in the UK Lottery (that I didn't enter), or wanting me to update my account with XYZ Bank (that I don't have), or the ultra famous, My wealthy spouse/father/brother just passed away in Africa and due to the law, only I (who have no relation with whatsoever) can collect this money, and I will receive a whopping 10% of the $10 billion dollar fortune!
Really, who is still falling for these? If you are online (yes, that's how you are being contacted) then you have heard that these are scams, right? Or is there someone out that how really believes that it is their lucky day, and they have won a lotto that they didn't even participate?
The best, however, is the XYZ Bank sites, who's grammer is poor and words are misspelled. I mean, if you are going through all the trouble of creating a mirror site and sending this fake email to scads of people, shouldn't you invest in a proofreader?
I received an email earlier this week from one of my contacts saying she had to make an emergency trip to England, and is stranded. Needs me to Western Union $2,500 pronto. Ya, right. I emailed my friend, only to find that they have hijacked her entire email account. So, me and my cleaver thinking, picked up the phone and called her, yes, here at her home in Denver. Seriously, do you think I would have a good friend which I would loan $2,500, but not have her telephone number? If I don't have your phone number, I'm not sending you $2,500.
I can only assume people continue to fall for these, or else they would stop altogether. I wonder how many other people are constantly bombarded with these crazy emails?
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