Super Joe Hubert Is Back With a Denver Market Update for May, 2011

Joe Hubert has once again efficiently put May in perspective for us.  Please follow along:

Super Joe Hubert

Super Joe Hubert

Listed below are Real Estate Market Update links for April, 2011 and a PDF attachment of likely MLS areas for DTC sales offices. Please note, we were unable to provide the data for new listings this month, but should have that input in next months report.

As a quick recap, April, 2011 combined MLS Residential Statistics had the following changes compared to April of 2010.

  • Decrease in the Number of Closed Sales down 17.3%, to 2,735
  • Average Days on Market increased to 109 days
  • Number of Active Listings decreased 12.4% to 13,874
  • Absorption Rate increased to 5 months (up 10%)
  • Average Sold Price was virtually flat ( from $274,253 to $271,969)

For more details on the combined MLS Residential Statistics, select the first link below titled “Total MLS” or feel free to contact me if you have any questions.

Thank you and have a great weekend!

Joe Hubert

Total MLS
All Metrolist Areas as one download
Aurora North (AUN)
Aurora South ( AUS)
Brighton, Fort Lupton (BFL)
Broomfield (BRM)
Douglas County West (DCW)
Douglas Elbert Parker (DEP)
Douglas Highlands Ranch Lone Tree (DHL)
Denver Northeast (DNE)
Denver Northwest (DNW)
Denver Southeast (DSE)
Denver Southwest (DSW)
Downtown Denver (DTD)
East Suburban North (ESN)
East Suburban South (ESS)
Jefferson County Central (JFC)
Jefferson County North (JFN)
Jefferson County South (JFS)
Jefferson County West (JFW)
Jefferson County Northcentral (JNC)
Jefferson County Southcentral (JSC)
Lafayette (LAF)
Mountain Clear Creek (MCC)
Mountain Conifer Pine (MCP)
Mountain Evergreen North (MEN)
Mountain Evergreen South (MES)
Mountain Gilpin County (MGC)
Mountain Jefferson County (MJC)
Mountain Jefferson North (MJN)
Mountain Jefferson South (MJS)
Mountain Park County (MPC)
Mountain Park East (MPE)
North Northeast Suburban (NNE)
North Northwest Suburban (NNW)
North Suburban Central (NSC)
North Suburban East (NSE)
North Suburban West (NSW)
South Suburban Central (SSC)
South Suburban East (SSE)
Superior (SUP)































Land Title Guarantee Company | 5690 DTC Blvd. #650E | Englewood | CO | 80111

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Posted in 2010 Mid Year Denver Market Watch, Buying or Selling Real Estate, Centennial, Cherry Hills Village, Colorado, Denver, Denver Housing, Denver Residential Real Estate, Greenwood Village | Tagged | Leave a comment

Centennial, Colorado Market Update May, 2011

Let me tell you about living in Centennial, CO.

Let me tell you about living in Centennial, CO.

Centennial, Colorado Market Update May, 2011

Posted in Centennial, Colorado, Denver, Denver Residential Real Estate | Leave a comment

Cherry Hills Village Market Update May, 2011

Market History for Cherry Hills Village, Colorado 2011

Posted in Cherry Hills Village, Denver Residential Real Estate, Greenwood Village | Leave a comment

The New Rubric’s Cube View…

Rubric's Cube

Rubric's Cube

We were all taught in Economics 101 about Supply & Demand.  I’m sorry, but that two dimensional image of our residential market will simply not work anymore.  The complexity of our markets is clearly too dramatic to speak, write or socialize in such simple terms.

You probably wondering what I mean.  Well take a look at this.  In the not to distant past a residential market could be viewed in two dimensions; Supply & Demand on one axis with two variables.

Today’s market’s have become much more complicated.  As an example:

  • Supply of Inventory
  • Demand or Absorption
Those are a given, but look where it goes from here with today’s more complicated market:

  • The Price of Fuel
  • Taxes
  • School Quality
  • Crime or Safety
  • Interest Rates
  • The Dow
  • Government Regulations
  • The Availability of Mortgage Money
  • The Availability of Credit
  • New Construction Competition
  • Access to Employment
  • Access to Recreation
  • Access to Transportation
  • Resale Potential
  • Builder Reputation
  • Proximity of Shopping
  • and more….
Rubric's Cube Completed

Rubric's Cube Completed

As you can see, this helix is not and easy one.  That’s the reason you should not leave your home search, home acquisition or home sale to chance.  Experience, integrity and knowledge count.  Together we may never be able to match all the sides on the Rubric’s Cube, but we can match to cubes that are important to you.  In today’s three dimensional world, that’s exciting!!

Posted in Buying or Selling Real Estate, Centennial, Cherry Hills Village, Colorado, Denver, Denver Housing, Denver Residential Real Estate, Greenwood Village | Tagged | Leave a comment

Homestead in the Willows 2011 1st Quarter Market Update

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3 Quick Tips for Healthy Home Systems & Appliances

Dishwasher

Dishwasher

Routine maintenance can help extend the life of appliances and components and in some cases, even reduce energy costs. Use these simple tips to help keep your home systems and appliances in proper working order for the season ahead.

1. Air Conditioning Systems – To ensure efficient operation, check the air filter every month and clean or replace as needed.

2. Electrical Systems – Regularly use the self-test button on the ground fault circuit interrupters to ensure proper working order.

3. Washer/Dryer – Routinely check all hoses and venting to your washer and dryer—inspecting for leaks, cracks, holes and clogs. Replace hoses as needed.

Home Systems & Appliances – A Reference Guide

Posted in Home & Garden, Home Care, Home Damage | Tagged | Leave a comment

99-Cent Store Solution #5: Fix a Stripped Screw

Screw Head Repair

Screw Head Repair

Yesterday, we tightened a loose cabinet hinge for less than three bucks. Today’s tip is the most inexpensive of our series. The turn of the screw is . . . a pain in your neck if it’s stripped.

Yesterday, we tightened a loose cabinet hinge for less than three bucks. Today’s tip is the most inexpensive of our series.

The turn of the screw is … a pain in your neck if it’s stripped.

Supplies:

  • Hacksaw, 99 cents
  • “Chiquidracula” DVD, 99 cents. What a find!

Total: $1.98

What you do:

  • Use the hacksaw to cut into the top of the stripped screw to create a new groove for the screwdriver.
  • Reward yourself with a job well done: Watch the 1992 Mexican movie classic “Chiquidracula.”

What other inexpensive home fixes have you found or tried? What minor home repair job have you neglected because of lack of time?

By: Harmon Leon

Published: May 13, 2011


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99-Cent Store Solution #4: Loose Cabinet Hinge

Cabinet Hinge Repair

Cabinet Hinge Repair

Yesterday we showed you how to handily repair drywall for $10 in case Charlie Sheen drops by your place. But back to reality. If one of your kitchen cabinets is hanging on for dear life …

Yesterday we showed you how to handily repair drywall for $10 in case Charlie Sheen drops by your place. But back to reality.

If one of your kitchen cabinets is hanging on for dear life thanks to all the opening, closing, and slamming it endures (you probably have teenagers or a husband), you can fix that loose hinge in a very MacGyver kind of way.

Supplies:

  • Wooden matches, 99 cents
  • Wood glue, 99 cents
  • Hammer, 99 cents

Total: $2.97

What you do:

  • Remove the cabinet hinge screw.
  • Dab wood glue on a match and stick it into the screw holes.
  • Tap it in with the hammer.
  • Break off the match part that’s sticking out.
  • Let the glue dry for about 4 hours.
  • Twist the screw back into place. The match piece will create a new solid base for the screw. Poof.

Tomorrow’s 99-cent store solution: Fixing a stripped screw.

What other inexpensive home fixes have you found or tried?

By: Harmon Leon

Published: May 12, 2011


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99-Cent Store Solution #3: Patch Drywall Hole

Drywall Repair

Drywall Repair

Yesterday’s torn-screen fix cost all of $1.98 (including an impulse purchase). Today’s is the priciest in this weeklong series—but still under $10.

Yesterday’s torn-screen fix cost all of $1.98 (including an impulse purchase). Today’s is the priciest in this weeklong series—but still under $10.

If Charlie Sheen is a friend of yours (no judgment), you’re probably ready for most anything, i.e., you keep a defibrillator in your living room. But do you have a drywall repair kit to patch the holes he’ll punch in your wall during your annual Memorial Day party? Scrap the call to a handyman or the police, and stop by the dollar store for what you’ll need to set things right post-bacchanal.

Supplies:

  • Wire screen, 99 cents (actually an envelope sorter made out of screen—a big savings since a roll of screen at the big box store is about $20 or more)
  • String, 99 cents
  • Pencil, 99 cents
  • Joint knife, 99 cents
  • Masking tape, 99 cents
  • Sandpaper, 99 cents
  • Drywall compound, 3.58
  • Sizzle cologne, 99 cents (to get party-ready)

Total: $10.51 (if you can’t resist the Sizzle)

What you do:

  • Cut the wire screen 2 inches larger than the hole.
  • Tie one end of the string to the pencil and thread the other end through the middle of the screen—then bend the screen, and insert it and the pencil into the hole.
  • Pull the string until the screen is flat against the hole (the pencil helps push the screen flat against the drywall) and hold it taut while you apply the drywall compound.
  • Tape the string to the wall to hold the screen in place as the compound dries.
  • Cut the string when dry.
  • Sand and smooth compound with joint knife.

Tomorrow’s 99-cent store solution: Tighten a loose cabinet hinge.

What other inexpensive home fixes have you found or tried? What minor home repair job have you neglected because of lack of time?

By: Harmon Leon

Published: May 11, 2011


Posted in Home & Garden, Home Care, Home Damage | Tagged | Leave a comment

99-Cent Store Solution #2: Torn Window Screen

The Family Pet Climbing the Screen

The Family Pet Climbing the Screen

Yesterday, we shared our discovery of the 99-cent store as a practical resource for home improvement supplies. We repaired a scuff mark on a countertop for less than $3. Today, we’re going to get rid of one of life’s greatest annoyances for less than $2.

Yesterday, we shared our discovery of the 99-cent store as a practical resource for home improvement supplies. We repaired a scuff mark on a countertop for less than $3. Today, we’re going to get rid of one of life’s greatest annoyances for less than $2.
Among life’s greatest annoyances:

  • An empty carton of milk in the fridge
  • A flat tire

No need for a handyman or a replacement screen. You’ll find the right bug deterrent at the 99-cent store, if it’s not already on hand in your bathroom cabinet. But going to the dollar store is fun—you never know what you’ll find. Like cheap soda.

Supplies:

  • Clear nail polish, 99 cents
  • Two slightly dented cans of soda, 99 cents
  • Total: $1.98

What you do:

  • Apply the clear nail polish on both sides of the torn area. Slather it on so it builds up a nice barrier.
  • Watch it dry transparently.
  • Enjoy your soda.

Tomorrow’s 99-cent store solution: Repairing a drywall hole.

What are your biggest home repair annoyances?

Published: May 10, 2011


Posted in Home & Garden, Home Care, Home Damage | Tagged | Leave a comment