Metro Denver Real Estate Stats – April 2008
May 12, 2008 by Bob Schenkenberger · Leave a Comment
Here are some recently compiled market stats for April 2008. My market area is the South Metro Denver cities, including Denver, Centennial, Greenwood Village, Cherry Hills Village, Englewood, Aurora, Littleton, and Highlands Ranch. Big Picture (Covering the Entire Metro Denver Area) The figures are for single family residential properties only, and do NOT include Condos, [...]
Denver Real Estate Going to the Dogs?
May 9, 2008 by Bob Schenkenberger · 3 Comments
Denver is one of the most Dog Friendly cities on earth! With over 300 days of sunshine per year, and a population that has a penchant for the outdoors, it only makes sense that it’s also a great place for Man’s Best Friend. Her is a list of Denver Metro Area Bark Parks. Places you [...]
Denver Real Estate-5 HOT Zip Codes!
May 8, 2008 by Bob Schenkenberger · Leave a Comment
More news today on some HOT markets in the Denver area. As reported in the Rocky Mountain News, certain Zip Codes are doing extremely well! Over the past year, the median price in the Denver Metro Area has fallen. But certain areas are going UP. The top 5 areas are: 1. Centennial, Cherry Hills Village, [...]
Gift Funds – what you need to know when buying a home.
May 8, 2008 by Bob Schenkenberger · Leave a Comment
This past month two of our clients received “Gift Funds” from Mom and Dad to help them with the down payment on their new home. There are lending guidelines for “Gift Funds” and it’s important to understand how they work in the event you are the giftor or the giftee. Here’s what you need to [...]
Denver Real Estate Data
May 7, 2008 by Bob Schenkenberger · Leave a Comment
The median price for single family homes in the Denver Metro area dropped from $224,900 in March to $222,550 in April. This one percent drop could be a positive sign for the market. The almost negligible drop may be a sign of recovery. Activity is up and prices seem to be stabilizing. I’ll keep you [...]
Windows: Let The Light In To Get Your Home Sold!!!
May 5, 2008 by Elaine Manes · Leave a Comment
As a home stager, sellers often ask me about windows. This is the answer I always give: in fifteen years in real estate, I have never heard someone say “the home was too bright.” Here are some pretty good rules when it comes to the windows in your home: Heavy drapes are dated, depressing and [...]
Denver Real Estate and Mortgage Insurance
May 5, 2008 by Bob Schenkenberger · 1 Comment
As more of our clients are utilizing mortgage insurance, often referred to as PMI or MIP. I thought I’d explain how it works. On conventional loans (Fannie Mae and Freddie Mac), the premium is based upon the down payment in 5% increments and is available either as a monthly premium (which varies between .32 – [...]
Full Disclosure – Funny Real Estate Video!
May 4, 2008 by Bob Schenkenberger · Leave a Comment
Now this is what I call full disclosure!
State Mandates Health Insurance
May 2, 2008 by Bob Schenkenberger · 2 Comments
Well it hasn’t been mandated yet, but Senate Bill 217 is laying the groundwork for requiring ALL Coloradoans to be covered by Health Insurance. More Information Here. As a small business owner, Health Insurance has been my biggest frustration over the past 15 years. Premiums rise 30% per year, EVERY year! I finally took more [...]