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Archive for the 'Highlands Ranch Homes' Category
Parker Colorado Christmas Tree Lighting Festival November 27
Nov 24th 09
Parker Christmas Tree Festival
- Parker, Colorado Christmas Tree lighting festival.
- Friday, November 27th
- Starts at 5:00 and the tree lighting will begin around 6PM.
- The Lions Club will have their famous chili and the Children’s Choir will be singing.
- See you there. Dress warm!
NEWS-Real Estate Market Report for Douglas County-Parker Colorado Real Estate
Oct 30th 09
REAL ESTATE MARKET UPDATE
An Information Service of RE/MAX Alliance/Douglas County
October/2009
Real estate markets are always bottom-up markets. Which means? For a real estate market to sustain itself and flourish, the bottom of the market, that being the less expensive properties, must sell in a timely manner. When the bottom of the real estate market suffers, the entire market is negatively impacted.
The government’s $8,000 tax credit, which ends in late November/2009, unless there is an extension or change in the program, was designed to serve two purposes: (1) provide first-time home buyers an incentive to buy now, and (2) stimulate the housing market by getting entry level homes sold so current homeowners could “move-up” to more expensive properties. The result being that life would be breathed back into the overall housing market.
There were some hurdles to overcome to this seemingly perfect plan. First, with the economy limping along, home values had been driven down in most geographic areas around the country, resulting in a loss of homeowner equity. A home seller considering buying-up now had less cash in their current home to buy-up with. Second, almost overnight the home mortgage industry went from loaning money to anyone with a pulse to being over selective as to whom they would bless with their sacred funds. Finally, the uncertainty of the job market and the high unemployment rate has led to many potential move-up buyers deciding to rent rather than buy. This has resulted in the more expensive homes being forced under the boot of foreclosure or short sale, or they have become rental havens for those individuals choosing not to buy now or not having the ability to buy now.
Below is a brief overview of the absorption rates for single family homes for the Douglas County area through September for the past two years. The Absorption Rate is the length of time it would take for the existing inventory to sell assuming two things happen: (1) the rate of sales activity remains the same, and (2) no new listings come into the marketplace during that period of time (this is not going to happen). (Metrolist MLS is the source of information.)
“NEWS Articles of Interest for the Denver & Douglas County Real Estate Market”
Denver fares better than nation in home resale prices - According to a First American CoreLogic Inc. report released yesterday, Denver-area home resale prices dropped in August year over year, but were down far less than the national average. First American’s LoanPerformance Home Price Index (HPI) showed that metro Denver’s average home-resale price — including sales of distressed homes such as foreclosures and short sales — decreased 1.44% in August from the same month of 2008. Nationwide, resale prices dropped 10.1% in August from August 2008. By comparison, July home prices in the Denver area dropped 2.64% from those of July 2008, and June prices were down 3.21% year over year. However, when distressed sales are excluded, August home prices were down less than 1% — .58% — from the prior-year August. July prices, not including distressed sales, decreased 1.26% and June’s prices dropped 1.68% year over year.
http://denver.bizjournals.com/denver/stories/2009/10/26/daily51.html
Freddie Sees Weekly 30-Year Fixed Rate Pass 5% - The 30-year fixed-rate mortgage averaged 5.03% with an average 0.7 point for the week ending October 29, 2009, according to Freddie Mac’s Primary Mortgage Market Survey. Last week, it averaged 5.00%, and a year ago it was 6.46%. Sales have increased, prices are down and supply is starting to decline, according to Bankrate.com. Susan Wachter, a real estate professor at the University of Pennsylvania’s Wharton School of Business, said in the Bankrate.com survey the housing market is not at a false bottom. “These are strong numbers, but not surprisingly strong numbers,” Wachter said. “The fundamentals are in place for a recovery — however, a slow recovery.”
http://www.housingwire.com/2009/10/29/freddie-sees-weekly-30-year-fixed-rate-pass-5/
Additional articles that you may find of interest:
Building a home yourself without swinging a hammer
http://www.9news.com/money/consumer/article.aspx?storyid=125948&catid=103
Homebuyer Credit Gets New Life
http://www.realtor.org/RMODaily.nsf/pages/News2009102901
How to Tell Mortgage Rates Are Rising
http://www.realtor.org/RMODaily.nsf/pages/News2009102904
FHA 203(k) Loans on the Rise
http://www.realtor.org/RMODaily.nsf/pages/News2009102906
Investor Report: Fannie Mae’s PRP
http://realtytimes.com/rtpages/20091030_investorreport.htm
Highlands Ranch Real Estate Market Report September 2009
Oct 10th 09
Highlands Ranch is a good steady market. There hasn’t been any real drastic changes in the market from this year to last year. Homes for sale in Highlands Ranch will sell quickly. Most of the homes my buyers have offered on this year have had multiple offers and sold very quickly. That statement is reinforced by the Absorption Rate which is only 4 months worth of inventory on the market right now.
This Highlands Ranch real estate report is for September 2009. YTD.
- Average DOM = 79.
- Average Sales Price = $368,593.
- YTD Sold and Closed Homes = 1,165.
- Active Listings 687.
Also see the Parker Colorado Real Estate market Report
Also See the Castle Rock Real Estate Report
Click graph to ENLARGE.
Highlands Ranch Real Estate market Stats report 2009
Thank you Jim Renshaw and Land Title for these great graphs and stats!
Douglas County Colorado Ranked # 5 for Young and Wealthy in the Nation
Oct 1st 09
Douglas County Business opportunities.
CNN Money released a report a month or so back “Where the jobs are” that ranked Douglas County Colorado as the number 5 spot for wealthy young adults. There is even a mention that some locals have nicknamed the area “Silicon Mountain.”
I guess we have always known this but the rest of the world didn’t. Douglas county is ideally situated between Denver and Colorado Springs and encompasses Parker, Highlands Ranch, Castle Rock and Franktown Colorado. Our quality of life and abundance of amenities have created the perfect location/reason for large companies to decide to relocate here.
- Highly educated workforce.
- Cost of living is low compared to most large cities.
- Housing costs are some of the most reasonable in the country. We have had our share of foreclosures but massive deprecation of property values was contained to a few small areas of the city.
- Douglas County real estate and home prices held steady during the real estate crash.
- Outdoor and open space activities. A well thought out bike trail system allows people to access most parts of the city via their bike, walking or whatever they choose.
- Hiking trails in beautiful open spaces with easy access to State and National Forests and Parks.
- A state of the art light rail system in place and operating with large plans to expand that are already underway and some awaiting approval.
- A very established Denver Center for the Performing Arts venue with a full schedule of world class events and shows.
- Douglas County has a wonderful schools and there are plenty of options for Private schools as well.
- World class museums and the Denver Zoo that will make you want to come back over and over again.
- Oh and don’t forget the best skiing in the WORLD an hour from your door.
- Fishing, hunting, snowshoeing and any other outdoor adventure you can imagine. It’s all here. Except the ocean! Oops.
For more information about moving or starting a business in Parker Colorado contact the Parker Economic Development Council.
Highlands Ranch Home for Sale, Littleton Colorado
Sep 16th 09
Highlands Ranch Home for Sale
“See the Video for this Highlands Ranch Home for Sale here!”
This home for sale in Highlands Ranch Colorado is located in a prime spot off Broadway just south of C-470. Highlands Ranch is one of Southeast Denver’s most popular neighborhoods for it’s location and amenities. Highlands Ranch has 5 recreation centers with pools and playgrounds as well as loads fo group activities and sports. You name it and hey probably have a group or club for it.
- MLS # 809145
- Price $319,000
- Bedrooms 4
- Bathrooms 3
- Total Square Feet Finished 3333
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- Highlands Ranch Home for Sale
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- family room
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- granite and stainlesss
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- kitchen
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- living room 2
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- living room
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- family room
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- master bathroom
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- dining room
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- dining room
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- bedroom 3
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- bedroom 2
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- bedroom 1
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- bathroom
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- deck
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- Wet bar with Frig
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- Rec Room
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- recreation room
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- master bedroom
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- rear of house
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- hot tub and deck
Home for sale in Highlands Ranch Colorado-Video
Sep 6th 09
9634 Red Oakes Place in Highlands Ranch is now for sale. $315,000. Great interior lot location! Access to 5 recreation facilities in the neighborhood.
Call Steven Beam at 303-941-4663 or EMAIL for a showing.
Greg Waldmann 303-817-7111 or EMAIL for a showing.
4 bedrooms and 3 bathrooms with a finished 1000+ square foot basement.
For Sale $315,000 9634 Red Oakes in Highlands Ranch
Sep 5th 09
9634 Red Oakes Place
Posted via web from stevenbeam’s posterous
Video Highlands Ranch home for sale-9634 Red Oakes Place, Highlands Ranch, 80126
Aug 31st 09
9634 Red Oakes Place for Sale.
This home for sale in Highlands Ranch will hit the real estate market and the MLS on Saturday September 5th. Loaded with upgrades like new granite counters and back splash with stainless appliances. New interior paint. Deck and fence were just refinished. Hot tub too! The kitchenardwood floors will be refinished the 3rd week of September!
“Make sure to see the VIDEO & MAP below!
Asking Price $315,000.
- Over 3300 Finished square feet.
- 4 Bedrooms on the upper level
- 3 Bathrooms
- Fully finished 1000+ square foot basement with two large storage rooms, media room, wet bar and frig. Game room.with an office area.
- Located on a beautiful maturely landscaped area of Highlands Ranch, Colorado.
- Access to all 5 recreation centers in Highlands Ranch.
- Douglas County Schools.
- Excellent convenient access to shopping and restaurants provided by this Highlands Ranch home for sale.
- Located off Broadway in Highlands Ranch south of C-470.
Home for Sale -Video of 9634 Red Oakes Place, Highlands Ranch, CO 80126- Home for sale!
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