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Archive for June, 2010
Housing Market News for Denver and Colorado
Jun 29th 10
Here are some quick links to local and National news articles pertaing to the housing & real estate market. I thought you might enjoy.
U.S. home prices rise 0.8% in April: S&P – Prices have moved up 3.8% in the past year, marking the third consecutive year-over-year gain. Prices rose in 18 of the 20 metropolitan areas tracked by Case-Shiller in April compared with March. Over the past year, prices rose 4.4% in Denver.
Additional articles that you may find of interest:
- Peloton offers stimulus discounts to next 12 buyers
- Utter, Bowes form firm
- Fannie Mae gets tough with ’strategic defaults’
- Home prices rise 0.8 pct. in April from March (Denver up 4.4% over the past year)
- Furniture Row buys Watkins land for $6.5M
- Banks: We’re Hiring
- Factory-Built Homes Gaining Acceptance
- Renovation Projects For Older Housing Must Follow EPA Rules
- What Wall Street reform means for your mortgage
Mainstreet Parker Colorado
Jun 18th 10
Parker Colorado Mainstreet
Mainstreet Parker Colorado
Taken with my iPhone
Parker Days Starts Today. Carnival Fun in Parker Colorado
Jun 11th 10
Parker Days Carnival
Parker Colorado | Parker Days
Parker Days Starts today June 11, 12 & 13th.
Parker Days is a big carnival held each year right here in Parker Colorado. Kids across Douglas County look forward to this each and every summer.
They set it up differently this year so be prepared. All the rides are now up on the hill away from the center of town. Up by the RTD parking lot.
The arts and crafts and food booths are still in the center of town and in O’Brien Park.
TIPS:
- Make sure to bring your own water. Drink and food lines are long and the carnival food stinks. Except the funnel cakes.
- Load up on sunscreen. Being up on the hill this year we should have a decent breeze but the sun is still going to cook you.
- Go early or late. Mid day is packed. The teenagers inhabit the park at night so the lull between the teens and mid day is usually good.
- Strollers are a must for small kids. Especially now that they have moved the rides up the hill from town.
Parking:
Hopefully they will allow us to use the RTD station up near the rides. It looks like behind Parker Station may also be available but they had a guy standing there checking to see if you were a Parker Station visitor or Carnival visitor.
The always good parking across from O’Brien Park on the West side of Parker Road is easy too. Just walk through the tunnel instead of trying to cross Parker Road. Safer and easier.
Fannie Mae is Making Obtaining a Home Loan EVEN More Difficult!
Jun 10th 10
Fannie Mae Loans?
Wow with all the good news of late in the housing industry I thought we were maybe heading for smoother waters. Slow down partner. Now Fannie Mae has to step up and change the rules yet again.
Fannie Mae new rule starting June 1st. When you apply for a loan Fannie Mae will screen your credit (like normal) at the beginning of the process but also a “Last Minute CREDIT Screening” just before closing.
WHY?
They do not want your debt to income ratio to change from the time of application and initial approval to closing. for some home buyers this is a really difficult thing to not do. They think of a house and automatically think of all the cool stuff they want to buy and have in the new home. I suggest you just say NO to new credit until after the closing.
It’s simple…Fannie Mae wants to check to see if you have opened or EVEN applied for new credit since you applied for your loan with them to purchase your home. Basically if you make applications of ANY TYPE for credit prior to closing other than your home loan you could be in serious trouble. It could cause your loan to be put on hold and possibly sent back into underwriting or even denied if they find a new credit application or credit check.
When you apply for a home loan with Fannie Mae do NOT do this!
Do not:
- open a new credit card
- call the bank for higher limit on your current cards
- miss a payment on an existing credit account
- apply for credit for furniture for the new home
- hire a landscaper on credit
- buy a new car on credit
- open a home equity line
- you get the picture-do not apply or open any type of credit or you could be in DEFAULT and lose your Earnest Money.
Bottom line is you shouldn’t do anything that should jeopardize your home loan between initial application and closing which means NO new purchases or credit accounts.
Howmeowners ANGRY Over Stonegate Pool Registration
Jun 9th 10
Stonegate is where I live. I love it here and generally have never had much of an issue with the HOA (Homeowners Association) until now.
“If it’s the last thing we do we will protect this POOL from NON-RESIDENTS”
OK what about the people that live here?
Apparently several homeowners were angry last year when on occasion some non residents invaded our pool. Evidently these homeowners really made a huge issues out of it and have NOW caused a major problem with pool registrations and getting pool passes.
Please understand that I am not alone in this beef. I’ve talked to dozens of homeowners through email and by phone and know that there are hundreds if not more that are just as angry.
Please feel free to leave a comment below. Click the comment link.
It seems the Stonegate HOA took it upon themselves to require that ALL Stonegate homeowners re-register this year at the same time. Ok now there are over 3500 homes in here and at least 2 people in every home plus the multiple kid homes so we are talking at least 7000 plus people. I would even guess 8000 plus people.
To register for the pool you need to do the following.
- Register at the HOA website
- Bring a copy of the receipt
- Bring a copy of our water bill
- Bring a Photo ID
First of all who keeps their water bill handy just for this occasion? We sure don’t. Yes I now know that you can have a new one emailed to you NOW but that wasn’t offered when this fiasco first started. I use my drivers license everywhere I go and can even bring them a Passport with my info but NOOOOOO not the Stonegate Pool. An official government ID wouldn’t hold up to the rigors of the Stonegate Pool ID test. I was a little disappointed they didn’t collect a hair sample for later DNA testing. Maybe next year?
They gave us time slots each week from around 6-8:00 to come get into the cattle line with our 7000+ neighbors and be prodded along until they had all the stars aligned and their computers were working perfectly. Oh and the line to get registered was wrapped around the building 5 of the 6 times we went up there to get our passes. Try that with a 2 year old when it’s bed time. This all to get our photos and check our documentation. “PAPERS PLEASE” reminds me of the old WWII movies.
In the name of all mankind we are going to protect this POOL from outsiders! Out you damn non-residents! OUT!
Wouldn’t it have been MUCH easier to walkover to the offender and ask “do you have a pool pass?” if they don’t have a pool pass tell them to leave. If that doesn’t work for the life guards then ask one of Moms sitting there and I guarantee you they will get them out. There are moms up there with 3-5 kids at a time. Those women are not afraid of anything. Worked well when I was a kid so I guess it would still work today. How hard is that?
Personally I believe the board should be punished for the ridiculous actions and overbearing requests. We all need to show up at the next HOA meeting and voice our opinions. If you want to attend here are the meeting times and locations.
Stonegate Village HOA MEETING TIME LOCATION:
- 3rd Wednesday of the month, 5:30 PM at the District Offices: 2 Inverness Drive East, Suite 200, Englewood, CO 80112.
- The annual budget meeting is held in either October or November at the Stonegate Village Clubhouse.
Come on Stonegate HOA board! You should know better than to do this!@ Shame on you!
Pradera Golf Club Real Estate Market Report
Jun 8th 10
Custom Home for Sale in Parker Colorado
Pradera Real Estate in (Parker Colorado) Real Estate Market Report
January 1, 2010 to June 1, 2010
This is the homes SOLD report for Pradera Golf Course Community. All homes sold and closed should be shown here except for possibly FSBO’s and may a builder sale.
See every home for sale in Pradera Here.
- Total homes sold in Pradera Golf Club = 10
- Highest Priced home sold = $1,095,000 ( Steve Beam sold this one!)
- Lowest priced home sold = $439,900
- Average NET Sales Price = $627,745 (sale price minus any sales concessions from the seller)
- Average Original Asking Price = $688,857
- Average Asking Price at time of offer = $658,842
- Average Days on Market = 129
- Average Price per SQFT = $161
- Average Price Per SQFT FINISHED AREA = $127
- Total Sale Volume = $6,277,453
Video helps Sell Million Dollar Home in Pradera
2009 Yearend Sales Report for Pradera Golf Club
Stonegate Neighborhood Homes Sold Report
Bradbury Ranch and Auburn Hills Homes Sold Report
Jun 3rd 10
This real estate market report for Bradbury Ranch is for January 1, 2010 to June 1, 2010. This repost shows all the homes sold and closed during that period.
Bradbury Ranch is another “favorite” Parker Colorado neighborhood. A few years ago Bradbury Ranch grew in size with the addition of Auburn Hills across Mainstreet. The new sections added several hundred homes to the neighborhood.
See all homes for sale in Bradbury Ranch HERE.
Being located in the heart of Parker Colorado at the intersection of Jordan Road and Mainstreet make this an obvious chioce for home buyers in the Parker CO area. The new Chambers Road extension also allows for super quick access to I-25. Bradbury Ranch has a beautiful pool area and extensive open spaces that home buyers also seek.
Top 10 List for Parker Colorado 2010. I’ve already blown a few!
- Total Homes Sold in Bradbury Ranch Jan 1 to Jun 1, 2010 = 22
- Average Original Listing Price $276,284
- Average List Price at time of sale $271,334
- Average Sold Price $256,382
- Average NET sold price (after seller concessions) $262.298
- Highest Sold price so far $372,000
- Lowest Sold Price so far $185,000
- Sold Homes Volume $5,838,407
- Average Price SOLD per SQFT $136
Stonegate Neighborhood Homes Sold Report
Stonegate Neighborhood Homes Sold Report 1st Half 2010
Jun 2nd 10
Quickly this is a report on all the homes that have sold and closed in Stonegate in Parker Colorado since January 1, 2010. This does not include homes sold as for sale by owner.
Ideally I would post this report every quarter but honestly with two small kids and a busy real estate career blogging all the neighborhood reports quarterly is sometimes a touch overwhelming.
Every Home for Sale in Stonegate Here NOW
See the full spreadsheet here for the homes sold in Stonegate.
- Total Homes Sold in Stonegate Jan 1 to May 25th, 2010 = 43
- Average Original Asking Price (before price reductions) = $317,503
- Average Listing Price at time of sale = $309,049
- Average Sold Price $303,111
- Average NET sold price (after seller contributions) $299,398
- Highest sold price $460,000
- Lowest Sold Price $163,000
- Sold Volume $13,033,760
We are all waiting to see the impact from the Home Buyer Tax Credit expiring. If the market continues to be this active Stonegate Home Sales should see another good year. The location and amenities of this neighborhood make it a highly desirable area to live. Check out the new pool area and the massive open spaces and playgrounds.
Avatar Boy – Face Painting at Lego Land
Jun 2nd 10
Garrett wanted to look like an Avatar when we were at Lego Land. I thought she did a fine job on his face! Sure made his nose look wide.
Garrett the Avatar Boy
- Avatar Face Paint at Lego Land
Posted via email from Steven Beam’s posterous
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