The Future of Denver’s Residential Market 2010

We enjoyed a great program as Realtors last week as Lawrence Yun, Ph.D. lead us through some history and some predictions.  Dr. Yun clearly and graphically relates the impact of aggressive lending and borrowing habits of the last decade.  This power point presentation is a must for all buyer’s and sellers currently in the market, for those looking to complete transactions in the next couple of years.  The path to recovery is clearly identified.  There is good news for Denver Real Estate!  Enjoy!

Denver Residential Market Conditions 2010

Posted in 2010 Mid Year Denver Market Watch, Denver, Denver Housing, Denver Positive Perspective May 2009, Denver Residential Real Estate | Leave a comment

HAPPY THANKSGIVING!

Happy Thanksgiving!!

Happy Thanksgiving!!

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8 Ways to Get Out of Debt and Start Saving for the New Year | RISMedia

This is an article I posted this time last year.  It is still germane again this year.  Safe travels….tc

8 Ways to Get Out of Debt and Start Saving for the New Year | RISMedia.

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Denver Metro Third Quarter Market Update

Denver Metro Third Quarter Market Update

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10 Things I Love About Colorado!

“These are a few of my favorite things…” Welcome to Colorful Colorado!!!

  1. 14ers – These are mountain peaks that exceed 14,000 feet above sea level.  In the vernacular, I have bagged 13 of them.  41 To Go!
  2. Vail – Have you ever bonded with a particular location?  Vail is my location.  I like the easy access, I like how much there is that you can’t see from I-70 and I like how close it is to so many other things to see and do.
  3. Lake City/Ouray/Telluride/San Juan Mtns. – If you haven’t driven the back roads from Lake City to Ouray and then over to Telluride and then back around through Ridgeway, you’d have to admit, you hadn’t seen Colorado yet.
  4. South Park – One of my first trips to Colorado included a weekend trip over Kenosha Pass into South Park.  The views are spectacular.  From the top of Mt. Democrat this spring, I was exposed to an entirely different vantage point; South Park is magnificent!
  5. Strawberry Park Hot Springs storied history, a magical place and a landmark that is seldom forgotten.

6.   Mt. Evans – It’s always there, even on a day like this when the clouds role in, it’s there. Mt. Evans looms quietly over Denver always reminding us where we live.

7.  Great Sand Dunes National Monument – The biggest and best sandbox you will ever enjoy!  Very kid friendly too!

8.  Aspen – All that surrounds Aspen makes this a great town and a great jumping off point.  Arrive with plenty of time, there is just too much to do!

9.  The Rampart Range & Deckers – Very near suburban Denver is a fabulous getaway just minutes from my home.  Mountains, rivers, peaks and valleys, it’s got it all.  Never forget about Ranger Bob and the Scraggy Peak Ranger Station!

10.  Last, but certainly not least, I’m going to call this one, Buena Vista and the Arkansas River Valley.  Close enough, but far enough away, it has it all.  Rafting, 14ers, old mining towns, fishing, biking, exploring, hot springs, skiing and much much more, but I guess I could say just about the same thing for the previous 9 favorites.

Now, what are some of your favorites?

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October 2010 Denver MLS Statistical Area – Ouch!

 

MyTownCryer

 

Listed below are Denver Real Estate Market Update links for October, 2010 and a PDF attachment of likely MLS areas for DTC sales offices.

As a quick recap, October, 2010 combined Denver MLS Residential Statistics had the following changes compared to October of 2009.

  • Decrease in the Number of Closed Sales to 2,280 (down 25.3%) Ouch.
  • Average Days on Market had a slight increase to 102 days
  • Number of Active Listings increased 14.6% to 16,473
  • Absorption Rate increased to 7.7 months (up 56.8%) Another Ouch
  • Average Sold Price increased (up 9.7% from $261,771 to $287,048)

For more details on the combined Denver MLS Residential Statistics, select the first link below titled “Total MLS” or feel free to contact me if you have any questions. A Big Thank You to Land Title Guarantee Company and Super Joe Hubert for aggregating this Denver data.

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)

Tom Cryer  //  Tom@DenverRealEstate.com

Posted in Buying or Selling Real Estate, Centennial, Cherry Hills Village, Colorado, Denver, Denver Residential Real Estate, Greenwood Village, Homestead at Willows End, Homestead in the Willows | Tagged | Leave a comment

10 Things I Love about Homestead in the Willows!

  1. Homestead Elementary School – A Blue Ribbon School
  2. Willow Springs Open Space – 120 Acres of Open Space
  3. The Community Recreation Facilities – 3 Pools & Cabanas, 8 Tennis Courts and Pedestrian Trails throughout the community
  4. Homestead’s Swim Team – Although it has a winning record like no other, the childhood bonds and parent-to-parent introductions become lifelong.
  5. Tree Lined Parkways – The summer canopy of leaved trees now connect from one side of the street to the other.
  6. Housing Types & Enclaves – Single Family Detached, Patio Homes, Town-homes, Condominium Flats & Apartments including: Homestead in the Willows, Homestead on the Parkway, Homestead at Willow End, Homestead Village I, Homestead Village II, Sturbridge, Olde Mill, Mill Run & Homestead Villas.
  7. Architecture – Traditional Colonial Styles & Updated Hybrid Designs with Complimentary Exterior Appeal
  8. Price Ranges – There are opportunities in Homestead from the low $100Ks to over $1M and everything in between.
  9. The Pedestrian Nature of the Community – Everyone is out walking, running, talking and enjoying the outdoors.  And, best of all, Mom’s and Dad’s walking their kids to and from school.
  10. The Low Owner Turnover & Retention – Many people have had 2 & 3 different homes in the community.  Some have been transfered out of state and returned.  Some have had larger houses and moved over to a patio home for their later years.  Homestead accommodates everyone.
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MetroQuest! Denver Regional Council of Governments – DRCOG

What would Denver be like with 2 Million more friendly neighbors in town?

Did you know there are thinkers out there? People spending time thinking about your future while you go about your daily routine. They actually spend time thinking about what the Denver Metro Area will look like 10, 20 and even 30 years from now.  Can you believe it?  Here’s what DRCOG has to say about it…

What will the Denver region look like in the year 2040? How can our region accommodate millions of new people and jobs? How might different development patterns and infrastructure investments influence our region’s quality of life?

DRCOG has developed an interactive computer tool called MetroQuest that allows policy makers, business leaders and the general public to explore these questions by visualizing alternative future scenarios for our region.

Have you ever wanted to participate in the decision process, but felt you didn’t have the time, energy or skill set to understand the issues in the small amount of time you currently have to “think” about such issues?  Well, here is your virtual chance.

Click here to explore your future, your kids future and your grandkids future for Denver.

I went so far as to take time to answer the survey questions.  Will the questions the survey asks be personal compromises that you or I will have to make moving forward?  This was very thought provoking for me!  I’d love to hear what you have to say.  Where they make me choose in the survey, I don’t think one has to choose in the Denver Market in regards to Denver Real Estate, and that’s what makes it so great to live in the Mile High City!

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Will Your House Be Worth More in the Spring 2011?

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My Ten Most Favorite Things About Denver

I arrived in Denver driving a 1957 VW Microbus in 1972.  I had worked odd jobs my senior year of high school, and just before rolling out of town, I purchased this rig from a friends brother.  A new set of tires, a new battery, a tune up and a tank of gas was all it needed.  At the time I arrived in Denver then, I had had several previous visits, but this time. it was different.  I was on my own.  I was a freshman at the University of Denver, the Harvard of the West!

I didn’t know it then, but Denver would become my lifelong hometown from that moment forward.  I lived around the DU campus until 1986.  North, south, east and west of campus, hardly a neighborhood escaped my residency over that span.  Now 38 years later, Denver holds my roots, my memories, my family and my future.

All that being said, I have 10 favorites I am proud to share with you now in no particular order.

  1. Red Rocks Amphitheater If you have not been to a concert here, it is a must see!
  2. The University of Denver It is a special place in my life where I now have a son attending.
  3. Washington Park It is a fantastic gathering place for young and old, riders and walkers and runners and skaters.
  4. The Highline Canal Once a source of water for many land owners, this snake actually links much of the city to a fabulous web of bike trails.
  5. Coors Field We had MLB at Mile High Stadium for a few years, but when Coors Field opened, baseball became something very special in Denver!
  6. Mile High Stadium and Invesco at Mile High After leaving Baltimore and then the Colts moving to Indy, the Broncos became my team of choice and these two stadiums were the venues.
  7. The Pepsi Center My first Stanly Cup Championship was right at this spot.
  8. St. Lukes Hospital My lovely wife, Deirdre, gave birth here to all three of our redheaded children.
  9. Homestead Elementary School, West Middle School and Cherry Creek High School My three children spent much more time at these schools than me, but clearly, my time at all three places should not be taken lightly!
  10. Most Precious Blood The place where our wedding vows were confirmed by Father Luke in 1982.

As you can see, your favorite things about Denver will definitely be different than mine, but no less meaningful to you in their own way.  Feel free to make comments and share your favorite special Denver places.  At this point in my life, you can take me out of Denver, but you can’t take the Denver out of me!

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