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Mark Footer: Good Dan.
BrokerIPTV: New product for Metrolist or a new feature I should say, its called Walk Score and if people arent familiar with it, tell us what its all about.
Mark Footer: Well, Walk Score is a unique new feature, its available on the public website, REcolorado.com, and its a link. Consumers out there they search for a property, they come to the details page of a particular property they are interested in, and they are going to see bedrooms, baths, and then they are going to see a link to whats called the Walk Score.
BrokerIPTV: Okay.
Mark Footer: When they click on the Walk Score, its going to give them information on the walkability of a neighborhood, what amenities are close, schools, parks.
BrokerIPTV: See when I first saw this, I thought, "Well, this is kind of neat," you know because lets face it. You know over the last several years, people are concerned about how much they drive, whether its gas prices, energy prices, I mean before we all used to live way out in the suburbs and drive everywhere. Now, there is a movement for everyone to live in town and walk. So, if thats the case and you are looking for a property thats convenient to walk to, this feature would come in handy.
Mark Footer: Absolutely and its a quality of life issue as much as it is a savings issue. I found that there are certain segment of my buyers are looking for that experience where they can walk to the restaurants, they can walk to the shops, and where the Walk Score, it gives a rating, anywhere from below 50 would be car access only mostly, but then once you start getting up as high in the 90 scores, its saying it's walkers paradise. You can walk to... you can walk to work, you can walk to the metro stop, you can walk to school.
BrokerIPTV: This is very Web 2.0 of Metrolist. Its kind of really cool, but how does it work do you know? How do you calculate it?
Mark Footer: The folks that created the product came up with an algorithm; the algorithm takes into account the proximity as far as distance and the type of amenities that are available and they have patented it and it... I have tried it. It really does focus on the neighborhoods that have those amenities available.
BrokerIPTV: All right. For Denver Metro area for example, give me a couple of neighborhoods that have a high Walk Score?
Mark Footer: The LoDo District I think came up the highest with 97 and then followed by Capitol Hill and the Golden Triangle area, which are among the highest in the database. The Walk Score folks who created the database are in several cities. Denver is one of the highest for walkability and those are the highest neighborhood among the highest town.
BrokerIPTV: Yeah, Cherry Creek I imagine would probably be in there and...
Mark Footer: Cherry Creek is among the top four.
BrokerIPTV: I bet, okay. All right. Now, this is free, it doesnt cost, right.
Mark Footer: It doesnt cost anything, just as REcolorado.com is a service thats available to all of our members, this is just an additional service thats on top of that.
BrokerIPTV: All right. Now, its in MYmls for brokers and agents and its on REcolorado, is this going to be added to PrimeAccess?
Mark Footer: Right now its in REcolorado alone. It will be added to PrimeAccess in the near future. One of the neat things about it, its going to be a searchable field in PrimeAccess.
BrokerIPTV: Wow.
Mark Footer: So, say for example you have a client who really does want to be close to all those amenities, you can search for scores that are up there in the 90s.
BrokerIPTV: Yeah, you just select I want to see properties that have a high Walk Score.
Mark Footer: Correct.
BrokerIPTV: Great. Mark, thanks so much. Good information; looking forward to it.
Mark Footer: You bet, thanks Dan.
Jodi Brooks, Ch 4, interviews homebuyers in Denver
According to Metrolist data, inventory of single family homes and condos reached lowest levels in six years with a 19% drop in available homes compared to Jan 2008.
Denver family embrace new life as homeowners. Jodi Brooks interviews homebuyers who found that this is good time to buy.
Inventory is shrinking for good homes that are priced right. First time homebuyers can look for low interest rates and tax credits.
Contact a Realtor to learn more about today's housing market and homebuyer advantages.
Find homes at online.
Watch Interview
According to Gary Bauer, this market is several months from the bottom. The economy is number one on consumer minds.
Available inventory stayed a little lower than 20,000 units, positive for the market.
The Denver market is very affordable. For those who can get the financing, now is a good time to buy.
The National Association of REALTORS® (NAR) Green Designation defines green professionalism, excellence, and leadership for today's real estate practitioners.
Metrolist has recognized the demand for consumers seeking expertise concerning sustainable, energy efficient homes and communities. We have added "GREEN" to the list of Realtor® designations.
Professional Realtor® designations display on your Metrolist profile and also appear on your public reports.
For more information about the only green designation recognized by NAR, visit www.greenresourcecouncil.org.
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