Map of Horse Creek Neighborhood

We show and list homes for sale in Horse Creek 7 days a week. Call 303-941-4663 for a showing or to sell your home today.

Horse Creek has another good normal year in home sales. My thoughts are that Horse Creek has substantially benefited from two major developments; one in the real estate market and one due to development around the neighborhood.

The two major factors helping Horse Creek.

1. New home builders are not producing as many new homes as they once were. The result is that Parker, Colorado home buyers wanting a new or newer home must look to re-sale homes. Buyers wanting the latest and greatest can easily find that at a reasonable price in Horse Creek since the neighborhood and homes are all newer having been built withing the last 10 years.
2. Access and convenience and location, location location we all know are key elements for a good neighborhood. Well the access to major roads and shopping to and from Horse Creek just doesn’t get much better. Mainstreet connects with I-25 now and Chambers Road easily connects up with Lincoln and  E-470. In tow days on January 24, 2012 Hess Road will finally open with direct access from Horse Creek to I-25 and Castle Pines parkway. What more could you want. Multiple ways to enter and return from Denver and the DTC.  And…don’t forget the light rail terminal at the Lincoln and I-25 exit.

Realtors and home buyers have long speculated that with the opening of the cut through roads to I-25 all of the neighborhoods around those roads would benefit and I believe we are staring to see that take place with Horse Creek.

Horse Creek had 41 homes sold in 2011 with an average days on market of 107 days. The average sales price is down to $304,223 or 7.52% from the highs one year ago. The average price per square foot is $123 and $117 per finished sqft. The highest sales price for 2011 in Horse Creek was $402,000 and the lowest sale was recorded at $196,572.  Total sales volume ended up being $12,473,134.

Find out what your home is worth.

Contact Parker, CO Realtor Steven Beam 303-941-4663 for a showing today.

Here is a map of every home currently for sale in Horse Creek.

Hover over the map pins to see previews of the homes currently for sale in Horse Creek.

Parker Colorado neighborhood Info

Here is an excellent way to monitor ACTIVE and SOLD homes in very specific areas and neighborhoods. The Market Snapshot. This report is easily setup by me or by you that automatically emails you monthly or bi-monthly all the homes sold and active in a specific area or neighborhood.

(Sample Report Here)

As a Buyer: You can track a neighborhood that you want to move into and see exactly what is active and sold in that neighborhood.

As a Seller: Be a voyeur and see what your neighbor’s house really sold for or watch the market if you are contemplating selling in the near future.

Not only does it show you very detailed real estate stats it will also give you detailed map information about:

• Schools and locations
• Shopping
• Fire Protection
• Police
• Bars and Restaurants
• Recreation Locations (Parks)
• Houses of Worship

If you are interested in the Free service go ahead and use the link above to set it up or shoot me an email and I will set it up for you.

Yours truly,

Steven Beam

Urgent Notice! Your Parker Water and Sewer Bill May Be Increasing in 2011!

The Parker Water and Sanitation District Board of Directors will be discussing the following items on October 14, 2010 at 7 p.m. at 18100 E. Woodman Drive, Parker, CO 80134 (Just off Parker Road, north of E470 behind the Loaf & Jug).

“These items will impact ALL Parker Water and Sewer Customers.”

Adoption of the 2011 Budget which includes:

Significant changes to water rates and billing structure. Customers who used 20,000 gallons in a month in 2010 paid $70 in water charges. The proposed billing structure will increase water charges for the same usage in 2011 to $106.

An increase in the 2010 property taxes of over 400%! Property taxes assessed on a home valued at $350,000 in 2010 were approximately $100 – property taxes on the same home will increase to $418 in 2011.

Sewer charges in 2011 will be charged based upon your average water usage in November and December of 2009 and January 2010 resulting in higher bills for most families.

The Board will be considering adoption of a resolution authorizing the issuance of $59 million in revenue bonds to build a water treatment plant necessary for the operation of Reuter-Hess Reservoir. Revenue bonds are guaranteed by water and sewer fees and consequently the issuance of revenue bonds will increase customers’ bills by approximately an additional $30 per month.

The Board feels forced to act on the issuance of revenue bonds due to the threat of the passage of Amendment 61 which if passed will limit the repayment of debt to a ten year period – making the building of necessary infrastructure nearly unaffordable.

All Board members live in Parker Water & Sanitation District and are trying to make decisions they feel are in the best interest of all customers of the district.

Your input as a member of the community is important. Help the Board act appropriately on these important issues by voicing your opinion at the meeting on October 14, 2010 at 7 p.m. Go to www.pwsd.org to see the agenda for the October 14, 2010 meeting and to review the entire proposed 2011 Budget.

Are tax deductions worth the interest?

Should you pay off your mortgage? I think most people should.

Today I’m talking about mortgages, paying them off and what I consider to be a load of crap pushed on home buyers by the lenders of America, accountants and YES the real estate brokers.

I’ve never understood why everyone says “oh you have to have a mortgage because you get the tax write off.”

I say BS. Wouldn’t it be better to have a paid for house with no interest payment and just pay the tax?

Here’s my way of thinking and no it didn’t originate from me. I was raised by two depression era grandparents that were basically in a steady savings cycle preparing for the next GREAT DEPRESSION.

(BELOW-I may be off a little but I hope you are getting the picture. I’m going off memory as I did not go into the basement and dig out my tax returns to write this post.)

Two years ago I remember looking at my year end taxes and seeing that my wife and I had paid around $14,000 in interest to the bank over the year. I also noticed that my WONDERFUL tax deduction was around $2,400.

So basically I have to pay a bank ~ $14,000 in interest to keep from sending the government $2,400. Is this the Great American Home Tax Deduction everyone says is so wonderful?  Not to mention over the life of these mortgage loans you pay hundreds of thousands in interest to get in my opinion “NOT MUCH” in the way of a deduction.

It looks like a load of goods the banks & government put together to make us feel batter about all the interest the banks charge us.

Personally I think I would rather send the government their tax and just keep all my interest. Besides living in a paid for house has got to be a GREAT FEELING. Think about it. You are recession proof. If you lost your job you could easily go work at an hourly job and make the yearly tax and insurance payments. Hopefully it would only be temporary..right?

Vacations Paid For in Advance

I talked to my accountant about ways to payoff our house and told him that  over our lifetime it would save my wife and I nearly $200,000 in interest. He told me “oh, well if you do that you won’t get your deduction.” I explained my theory to him and he still tried to tell me I needed this deduction. When I asked repeatedly why I have to have this deduction he couldn’t give me a real answer. He like so many others in the country have been brainwashed into thinking that we MUST have our deduction. Again BS.

Pay your house off and live like a Prince or Princess and have your income to save, invest and SPEND as you wish. Can you imagine that?

The other side is my investment adviser. He says “Steve you need to be putting money away for retirement.” Well, we are still saving. He says all that money in the house could be earning more money in the market. REALLY. Have you seen the market? I don’t know about you but a few more of these every 10 year implosions and I’m done with “the market.” I have highly paid professionals begging for alternatives to the stock market. They all love  real estate right now. YEAH.

If you have your house paid for at an early age and have the remaining years of your working life to save, invest and actually enjoy a paid for vacation how would that feel? I think it would feel pretty damn good wouldn’t it.

No matter how you do it I think paying off your home as quickly as possible is the best way to go. Here is a recent article to help prove that it isn’t just me thinking this way. A lot of Americans are starting to see the benefits of being free from all debt and especially the home mortgage.

I think this guy, Dave Ramsey, has a lot going on in his debt free classes. A few years ago my wife and I went to his Financial Freedom class in Colorado Springs. We were basically on his program without knowing it. His word is true and if you stick with it you too will live like no one else so you can then live like no one else. Think about it. If you live frugally for several years to payoff all your debt it will allow you to live the rest of your life debt free. Plus along the way you will learn tricks (personal self control)  that you apply once you become debt free that will save you money after you become debt free.  In our society putting off our instant gratification so we could possibly live a better and more financially rewarding life in the future is a TOUGH sell.

I’m sure there are people out there that have different circumstances, needs and investment goals so this may not apply. But I believe for the average middle class person/family this is a viable option and should be explored. Just a few years ago talking about this to friends and clients was a dead end and they all thought I was a crazy person but now they seem to be coming out of the wood work to share their new goals of paying off their house.

Steven Beam is a CRS Realtor in Parker, Colorado. See client testimonials.

Steven Beam Social Media Connect.

Newlin Meadows Homes for Sale in Parker. Colorado

Meridian Village in Parker Colorado

Townhome for Sale in Parker Colorado

Lone Tree Colorado Homes for Sale

16670 East Prairie Goat Ave. Parker CO 80134

Another great home for sale in Parker Colorado. Antelope heights is a newer home community located just off Jordan Road in Parker, CO. The neighborhood location provides excellent access to 1-25, Parker Road, Lincoln Ave and Castle Rock via Hwy 86.

Asking Price $264,490.

MLS # 867362

• Beds 3
• Baths 3
• Finished basement
• 2164 Finished square feet.
• YES-3 car garage
• Large corner lot. (interior neighborhood lot!)
• Fully fenced and ready to go.

Related Articles:

Home Buyer Tax Credit

I guess we can all kiss the government Home Buyer Tax Credit bye, bye, bye.  From the reports I’ve read and information I’ve heard it appreas to be going away with not much of a chance for a second extension.

NAR , The National Association of Realtors,  appears to have given up hope of getting it extend and posted this information on a website.

“NAR has had extensive discussions with congressional allies and concluded that an additional extension of the tax credit is unlikely. While lawmakers recognize that the tax credit helped stabilize the market, it appears that much of the benefit has been realized. NAR is now focusing on improving the availability of financing.”

Well that sure is a bummer but at least we know they are going to now try and work out the many wrinkles in the mortgage industry. This should be interesting going forward.

Congratulations to all you buyers and sellers that took advantage of the tax credit and received your benefits.

Steven Beam is a member of the National Association of Realtors.

Special thanks to Dan K.  for requesting this report as I have been slow to get them all completed. Please don’t hesitate to request specific information or stats. I love putting them together.

Please make sure to see the FULL spreadsheet here of the 2009 sales and numbers. Here is the spreadsheet for 2008 homes sold in Horse Creek in Parker , Colorado.

Two very different years for Horse Creek. 2009 versus 2008 the total sales numbers are far below what was sold in 2008 and to be honest 2008 for me was no where near as good as 2009. I know the election and the havoc caused by that and the massive stock market drop had a lot to do with the 2009 slow down. No worries. Douglas County is strong, wealthy and highly educated. They cannot keep us down for long and I can already see a massive influx of new relocation buyers and sellers for the Douglas County real estate market in 2010. So hang on and get ready for a wild ride. I see a great year in the making.

Parker is about to see another round of foreclosures and yes most will be in the lower price ranges but I am also seeing quite a few on the upper end as well. I guess all the people that held out over the last two years have run out of cash or the energy to keep up the payments.

See Every Home for Sale in Horse Creek Here!

Homes by price range in Parker

PREDICTIONS-Parker Colorado Top 10 List for 2010.

More on Horse Creek

Numbers for Horse Creek for 2009

• Number of homes sold = 27 for 2009 versus 51 for 2008
• Highest Priced Home Sold: $450,000 for 2009 versus $435,000 for 2008
• Lowest Priced home Sold: $208,550
• Median Price Sold: $364,000
• Median Price List: $390,000
• Median Original List Price: $389,900 (this is before any price reductions) Yes I see that it is lower than the Median Original List Price above. I’m using the numbers as I see them I cannot explain this other than someone must have raised their asking price at some point.
  

Volume

• 2009 NET Volume Sold = $9,218,713
• 2008 NET Volume Sold = $17,052,205

Averages

• Average Days on Market = 98 for 2009 versus 80 for 2008
• Average Difference between Original Listing Price and NET Sales Price = 92.20%
• Average NET Sold Price = $341,434
• Average Price Per SQFT = $133
• Average Original Listing Price: = $370,304
• Average Square Feet: = 2603 (not counting basement)
• Average Concession = $5,499 This is an amount given to the buyer from the seller for closing costs usually. It is subtracted from the selling price to get the NET selling price.
  

If you want more call me 303-941-4663 or send me an email. Steven Beam is  Parker, Colorado Realtor living and working in this area.

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!