This properties 1st buyers walked on us, as they were in a time crunch. We have all docs submitted to bank already. Per Indy Mac's case manager, estimate for short sale approval is about June 30th, and closing 30 days after. Don't miss you chance on this great property!

2981 E 109th Ave Northglenn, 80233MLS #: 674029 Price: $219,000
3 bedrooms/ 3 bathrooms Total Sq Feet: 3062

Home is close to parks, well maintained, kitchen recently remodeled w/corian counters, tile backsplash, new SS apps, backyard has yard deck w/sunsetter awening and pre-wired for hot tub disconnect, Landscape lighting, media room in bsmt, Security system, soffit outlets for holiday lights. Home wired for network.

Denver Real Estate Market Update April 30, 2012

Chart above courtesy of Garold D Bauer a numbers guru for Denver Real Estate.

The Denver Real Estate Market has been quite strong for the first four months of 2012.  In April of 2012 5,681 properties are under contract compared to 4,749 last year, this is an increase of 19%.  When we combine this demand with a reduction in inventory of 42% we are certainly seeing some inventory challenges and Buyers are having to move quick.

We have also seen the average price and median prices rising, which indicates we are seeing some strength of sales moving up the food chain.  Real Estate tends to be a self fulfilling prophecy and the press reports on sales so tends to lag the actual market conditions.

2981 E 109th Ave Northglenn, 80233

MLS #: 674029 Price: $219,000
3 bedrooms/ 3 bathrooms Total Sq Feet: 3062

Home is close to parks, well maintained, kitchen recently remodeled w/corian counters, tile backsplash, new SS apps, backyard has yard deck w/sunsetter awening and pre-wired for hot tub disconnect, Landscape lighting, media room in bsmt, Security system, soffit outlets for holiday lights. Home wired for network.

Our 1st buyers walked, as they were in a time crunch. All docs submitted to bank. Per Indy Mac's case manager, estimate for short sale approval is about June 30th, and closing 30 days after.

Sales are up in Boulder, Broomfield and Denver Metro area:

When we look at the chart above we can see the majority of the strength is coming from sale up to $500,000.  The upper end is also beginning to show some strength with 20 sales over $900,000.  13 of those sales were in the city of Boulder.  

Broomfield is showing more strength than we have seen in some time with 7 properties selling for over $500,000.  

This is the third month in a row that sales have shown considerable improvement in Boulder County and the Denver Metro Area.  March and April Under Contracts have been very strong so I am expecting April and May solds to exceed what we are already seeing.  It will be interesting to see how this impacts the press.  

Since the news

The New York times reported this morning that the Big Money Investors Algorithms are saying it is time to Buy http://finance.yahoo.com/news/investors-looking-buy-homes-thousands-134405371.html.  In the past large investment funds have chosen to focus on large apartment buildings and commercial property when looking to invest in real estate.

In this current turn around large investors have added to their focus by including single family homes. When looking at the article in the New York Times this is the result of upside potential, but also the result of the efficiencies of technology.  in the past it would have been very difficult to amass 1,000's of properties and determine their value and rental potential, but with new technology such as

The Broncos just received word that Peyton Manning has chosen Denver, Colorado as his new home.  Peyton when weighing the options of where to move his family and make his next run at the Super Bowl felt the quality of life in Denver and the quality of the Broncos program tipped the hat in Colorado's favor.

It is will be interesting to see how this move plays out, but we are excited to welcome Peyton aboard and look forward to the start of the next football season!

5761 W 50th Ave. Denver, 80212

Open House: February 18th, 2012 1-3pm

MLS #: 668979 Price: $359,800

4 Bed/3 Bath Total SqFt: 3976

This subdivision was designed to capture Colorado's unique natural architecture, but right in the heart of the city! Custom home offers a large & very private lot, walkout bsmnt & deck that runs the entire length of the house. The open floor plan w/large kitch & walk in pantry are perfect for entertaining. Parks, rec center & bike path are steps away. Mins from Highlands, Tennyson St Shops, Berkeley Lake, downtown Arvada, Regis, downtown & easy access to highways, 1 mile from future light rail.

Homes for sale Denver Colorado

5761 W 50th Ave. Denver, 80212

MLS #: 668979 Price: $359,900

4 Bed/3 Bath Total SqFt: 3976

This subdivision was designed to capture Colorado's unique natural architecture, but right in the heart of the city! Custom home offers a large & very private lot, walkout bsmnt & deck that runs the entire length of the house. The open floor plan w/large kitch & walk in pantry are perfect for entertaining. Parks, rec center & bike path are steps away. Mins from Highlands, Tennyson St Shops, Berkeley Lake, downtown Arvada, Regis, downtown & easy access to highways, 1 mile from future light rail.

Homes for sale Denver Colorado

5761 W 50th Ave. Denver, 80212

MLS #: 668979 Price: $369,800

4 Bed/3 Bath Total SqFt: 3976

 This subdivision was designed to capture Colorado's unique natural architecture, but right in the heart of the city! Custom home offers a large & very private lot, walkout bsmnt & deck that runs the entire length of the house. The open floor plan w/large kitch & walk in pantry are perfect for entertaining. Parks, rec center & bike path are steps away. Mins from Highlands, Tennyson St Shops, Berkeley Lake, downtown Arvada, Regis, downtown & easy access to highways, 1 mile from future light rail.  

Homes for sale Denver Colorado

5761 W 50th Ave Denver, 80212

MLS #: 668979 Price: $369,800

4 Bed/3 Bath Total SqFt: 3976

 This subdivision was designed to capture Colorado's unique natural architecture, but right in the heart of the city! Custom home offers a large & very private lot, walkout bsmnt & deck that runs the entire length of the house. The open floor plan w/large kitch & walk in pantry are perfect for entertaining. Parks, rec center & bike path are steps away. Mins from Highlands, Tennyson St Shops, Berkeley Lake, downtown Arvada, Regis, downtown & easy access to highways, 1 mile from future light rail. 

Home for Sale Denver Colorado