Time for a Market Update...

And Since There's No Place to Go, Let it Snow Let it Snow Let it Snow...

It might as well be snowing outside right now, because the market is as cold as can be. It might as well be December. I'd love to see the sales curve after this year is over because the "bell curve" never happened. Its been hard to pinpoint a "busy period" like you would see in the summer...its just been consistently slow since about June it seems. I'm telling you...Denver and probably the United States is in a recession right now (although we won't know it until its reported in 6 months). As far as real estate is concerned its a full blown depression.

Of course our enemy, The Denver Post, is at it again...a huge article on the market Sunday, and mostly negative stuff http://www.denverpost.com/business/ci_6900500 and http://www.denverpost.com/economy/ci_6900503 . It fuels the fire, you know? People believe what they read, period. Until people start to read that things are looking up, the market will stay down.

I have 5 foreclosures listed, and 4 of them priced from 324K to 810K took at least a $10,000 price drop last week. It didn't make a bit of difference. Still no showings. I have 5 more foreclosures coming up soon. Whoop-de-do. Foreclosures are changing the market, and not for the better. We need to flush these foreclosures out of the market to a normal level...its not good for the other sellers out there for sure. It puts downward pressure on prices, in an already down market.

The wild card in interest rates for home loans. Rates are down to a 4 month low, according to The Denver Post, so that at least can open up a few doors http://www.denverpost.com/business/ci_6900466. The Federal Reserve is set to cut THE DISCOUNT RATE tomorrow by 1/2 percent. That is welcome news for the economy in general, and will make people and businesses happy and more optimistic. But it doesn't affect interest rates for home loans unfortunately. That kind of move CAN affect interest rates for home loans eventually, but there is a lag time of 3-5 months generally.

Is the sky falling? NO. But we are not going to be out of the woods for a while. There are still buyers out there, and if your home is priced agressively (for this market TODAY), and it is in good condition, your home can still sell. It just requires a higher degree of patience than in years past.

Go to http://www.coloradodreamhomes.net/ for more info on the local real estate market.

New Listing!

Offering an open and livable floor plan, this beautiful 2005 two story home features 3 bedrooms, 3 baths, and 1524 square feet. This home provides a large fenced lot with valley views to the southeast, and will soon be within minutes of Parker’s newest mega-reservoir. What’s more, you are practically right across the street from a lush neighborhood park.

This home can accommodate the family that has all of the toys! It boasts a 34’ deep garage, which could easily accommodate 4 smaller cars...or a boat...or snowmobiles...or jet skis...or of course an oversized workshop. In the kitchen you’ll find oversized 42” maple cabinets, Whirlpool appliances, large pantry, a nice sized breakfast nook, and a generous island. The upscale lighting and brushed nickel hardware showcases the homes’ style throughout. The laundry room is upstairs too...where the laundry is! The 740 SF unfinished basement provides the perfect palette for creating your own masterpiece!

Other Amenities Include: -Air conditioning -Refrigerator, washer, dryer included -Sprinkler system -Covered front porch -Wood blinds throughout -Neutral throughout -9’ ceilings in main level -Trex deck -8’ ceilings in basement -Large master walk-in closet

Don’t let someone else live YOUR dream. Come inside and experience this luxurious lifestyle yourself!

More pix are at http://www.coloradodreamhomes.net!/

Go to http://www.coloradodreamhomes.net/bin/web/real_estate?acnt=AR81900&ZKEY=&action=ACTIVATE_FRAMES&button=&tm=&linkout=http%3A%2F%2Fwww.coloradodreamhomes.info to search the Denver MLS directly; save searches or set up automatic email alerts yourself. Its simply the most accurate tool you can have for your home search!

Go to http://www.coloradodreamhomes.net/bin/web/real_estate?acnt=AR81900&ZKEY=&action=ACTIVATE_FRAMES&button=&tm=&linkout=http%3A%2F%2Fwww.dreamhomecomps.com to check out recent home sales in your area!

New Listing!

Grand in scale and exquisite in its details, this home offers the perfect combination of 5 beds, 3 baths, and 2935 finished square feet. Located on a quiet cul-de-sac at the top of The Pinery, this home is nestled on a .27 acre flag lot embraced by sheltering pines. Towering 100 year old Ponderosa Pines and 20’ Gamble Oak not only provide peaceful serenity, but ample shade and a wind block as well.

The well-appointed kitchen boasts maple cabinets with a rich caramel stain, slab granite countertops, Frigidaire double oven, electric cook top, refrigerator and dishwasher, and GE built-in microwave. The elegant dining room has crown molding and its own private deck for sipping after-dinner drinks under the pines. The 2 story family room is impressive in size, graced with 8 large windows and handsome gas fireplace with slate tile surround.

An elegant stairway leads you to the second level, where you will find 4 over-sized bedrooms. The laundry is upstairs as well...where it should be ...where the laundry is! The opulent baths in this home feature Maple cabinets, brushed nickel finishes, tile counters and floors (the large powder room boasts slab granite countertop), and elegant lighting, which showcase the homes' fine craftsmanship and attention to detail. The 5 piece master bath is large and layed out nicely, with a large walk-in master closet to boot.

Other amenities include: -Extensive hardwood floors -All bedrooms wired for cable -9’ ceiling in basement -Trex deck in front entryway -Plush upgraded carpet and pad -Dog run -Gas washer/dryer included -6 panel doors -Rear and side decks -Hot tub pad -New 12K concrete driveway

Don’t let someone else live YOUR dream. Come inside and experience this luxurious lifestyle yourself!

Call Jeff Kroll today for a private showing at 303-717-1492! More pix are at http://www.coloradodreamhomes.net!/

Go to http://www.coloradodreamhomes.net/bin/web/real_estate?acnt=AR81900&ZKEY=&action=ACTIVATE_FRAMES&button=&tm=&linkout=http%3A%2F%2Fwww.coloradodreamhomes.info to search the Denver MLS directly; save searches or set up automatic email alerts yourself. Its simply the most accurate tool you can have for your home search!

Go to http://www.coloradodreamhomes.net/bin/web/real_estate?acnt=AR81900&ZKEY=&action=ACTIVATE_FRAMES&button=&tm=&linkout=http%3A%2F%2Fwww.dreamhomecomps.com to check out recent home sales in your area!

New Listing!

In prestigious Diamond Ridge Estates!


Call Jeff Kroll today for a private showing at 303-717-1492! More pix are at www.ColoradoDreamHomes.net!

Go to www.coloradodreamhomes.info to search the Denver MLS directly; save searches or set up automatic email alerts yourself. Its simply the most accurate tool you can have for your home search!

Go to www.dreamhomecomps.com to check out recent home sales in your area!

New Listing!

An enticing lifestyle awaits the buyer of this home, with its splendid combination of 5 beds, 3 baths, and 4311 finished square feet. Located on a generous .26 acre lot that backs to a greenbelt, this home is within walking distance to Fox Hollow Elementary, and has quick access to Arapahoe Road and the Tech Center as well. A large concrete patio, lush lawn, and an abundance of perennials await you in the massive backyard.

The kitchen has been entirely remodeled, and boasts cherry cabinets, cherry flooring, recessed lighting, slab granite countertop with stainless steel under mount sink on a nice sized island, upgraded hood, walk-in pantry, and refrigerator. The family room has a nice built-in entertainment center that flanks a gas fireplace with slate tile surround. Upstairs features a large 15’ X 15’ loft, 4 bedrooms, and 3 full baths. The vaulted master bedroom has a double door entry and 5 piece bath with tile counters and large soaking tub.

As extra space to retreat to, the basement features a home theater area wired for surround sound, a large fifth bedroom, and a private yet cozy office nook with its own phone line and window. A fourth full bath is already framed for you to finish to your tastes.

Other amenities include: -Custom slate tile flooring -Formal dining room -12’ X 12’ main floor office -2 story living room w/cherry floor -Powder room w/pedestal sink -6 panel doors -Sprinkler system -Air conditioning -Bull-nosed corners -Large laundry w/sink and oak cabs -Stove area stubbed for gas -Neutral throughout -Wood blinds in every window

Don’t let someone else live YOUR dream. Come inside and experience this luxurious lifestyle yourself!

Call Jeff Kroll today for a private showing at 303-717-1492! More pix are at http://www.coloradodreamhomes.net!/

Go to http://www.coloradodreamhomes.net/bin/web/real_estate?acnt=AR81900&ZKEY=&action=ACTIVATE_FRAMES&button=&tm=&linkout=http%3A%2F%2Fwww.coloradodreamhomes.info to search the Denver MLS directly; save searches or set up automatic email alerts yourself. Its simply the most accurate tool you can have for your home search!

Go to http://www.coloradodreamhomes.net/bin/web/real_estate?acnt=AR81900&ZKEY=&action=ACTIVATE_FRAMES&button=&tm=&linkout=http%3A%2F%2Fwww.dreamhomecomps.com to check out recent home sales in your area!