Many clients are asking me what trends we are seeing in the #Denver Real Estate Market. My crystal ball doesn’t work well, but I can report what we are seeing. Right now it’s a very, very strong seller’s market. A lot of homes are receiving multiple bids the first day on the market. We don’t… [Read More]
Centennial R.E. Market Summer 2013
This #Centennial and #Denver area Real Estate market continues to set records. The number of homes/condos/townhomes (inventory) available for sale is at historical lows. The number of buyers is about normal. But because of the lack of inventory, we have numerous buyers trying to buy the limited amount of homes for sale. We are experiencing… [Read More]
Denver Metro Real Estate Market – end of 2012 statistics
January 2013 As you begin 2013, you might be thinking this is the right time to sell your Denver Metro home and buy another one. Are you also wondering how the Denver area real estate market is recovering? Is the value of your home starting to go back up? Well, here’s your answer. The statistics… [Read More]
Centennial Real Estate Market December 2012
Everyone always wants to know how the Centennial real estate market is doing! Well, our Centennial real estate market is starting to heal after 5 distressed years. 2012 has seen the reverse of the downward housing price trend – Centennial Real Estate prices are starting to rise and Days on the Market (DOM) have dropped… [Read More]
The Truth about the 3.8% Real Estate Tax Imposed by the ACA
There are a lot of misconceptions about the new 3.8 percent Real Estate Tax Imposed by the Affordable Care Act beginning January 2013. The first thing you need to know is that it applies to very few real estate transactions. It only applies to individuals with Adjusted Gross Income (AGI) of more than $200,000 or… [Read More]
FHA Condo Certifications
New FHA rules require condominium associations to update their certifications more frequently. It is very important that your HOA Board or Management Company keeps their certification current. If they allow their certification to lapse, it could drastically affect the owner’s ability to sell their condo unit. That would cause the owner to be unable to… [Read More]