Think Prices are Declining???

Average Sales Price Appreciation - Selected Markets - Colorado Front Range
Q4 - 2009 vs. Q4 - 2010
Denver + 6.9%
Colorado Springs + 2.9%
Aurora + 0.3%
Lakewood + 6.5%
Longmont + 5.2%
Centennial + 10.3%
Loveland + 5.3%
Commerce City + 13.6%
Parker + 2.8%
Englewood + 8.3%
Broomfield + 13.5%
Brighton + 9.9%
Lafayette + 4.1%
Louisville + 7.9%

Search the Denver MLS for Parker CO Homes and Real Estate -save searches or set up automatic email alerts yourself. See ALL Parker CO Homes and Parker CO real estate listings. Its simply the most accurate tool you can have for your home search! www.ColoradoDreamHomes.net

Discover the Value of Your Colorado Home -Home Sellers! Knowing what your home is worth in today's Colorado market is important if you are thinking about selling. Get a FREE Report of similar homes in your neighborhood.www.ColoradoHomeValues.net

Short Sale News is HUGE in Parker CO and everywhere!

This is SO HUGE for real estate right now...I'm ecstatic! This really changes EVERYTHING to be honest. Yes there are short sales in The Pinery and The Timbers even...nobody is immune so this will affect YOU. REALTOR® Magazine-Daily News-HAFA Posts New Rules for Short Sales http://ow.ly/3HCWC

Search the Denver MLS for Parker CO Homes and Real Estate -save searches or set up automatic email alerts yourself. See ALL Parker CO Homes and Parker CO real estate listings. Its simply the most accurate tool you can have for your home search! www.ColoradoDreamHomes.net

Discover the Value of Your Colorado Home -Home Sellers! Knowing what your home is worth in today's Colorado market is important if you are thinking about selling. Get a FREE Report of similar homes in your neighborhood.www.ColoradoHomeValues.net

Check Out This Photographer!

Time for some well deserved, shameless advertising!

And NO it's not for me! It's for my wife. We both work so hard that I usually don't have a chance to see much of her work. I just got done browsing through her photos and WOW they are fantastic! I mean I am seriously impressed. She deserves some praise and I admit I have not been good at delivering it. So way to go Michelle! You rock! If anybody has a chance, browse through a few pages of these pix she took. "Follow" her blog and click the "Like" button on her Facebook page. Hopefully you will agree with me that these are indeed special!

http://michellekrollphotography.blogspot.com/

http://www.facebook.com/michellekroll?v=wall

Search the Denver MLS for Parker CO Homes and Real Estate -save searches or set up automatic email alerts yourself. See ALL Parker CO Homes and Parker CO real estate listings. Its simply the most accurate tool you can have for your home search! www.ColoradoDreamHomes.net

Discover the Value of Your Colorado Home -Home Sellers! Knowing what your home is worth in today's Colorado market is important if you are thinking about selling. Get a FREE Report of similar homes in your neighborhood.www.ColoradoHomeValues.net

IAS: Denver-area single-family home prices up 4.1% in March from 2009 - Denver Business Journal

I think this trend is going to continue throughout the summer at least. I see housing prices rising 3-5% this year and continuing for the next few years at least. Slow and steady growth is good!

From: http://www.bizjournals.com/denver/stories/2010/05/10/daily22.html?s=industry&i=resi_real_estate

IAS: Denver-area single-family home prices up 5.3% from a year ago - Denver Business Journal:

Again, since you can NEVER call the bottom of the real estate market (you would only know in hindsight,) it looks like it was last spring 2009 to me...

From: http://www.bizjournals.com/denver/stories/2010/04/12/daily32.html?s=industry&i=resi_real_estate

Forbes article under fire!

Wow I could really get worked up about this...but I'll keep it simple. The central issue here is that the general public (including authors evidently) continue to believe that Zillow.com is legitimate! Zillow is and has always been a farce and a complete joke. I continue to pity anyone that buys into any valuations on any part of that site. If anyone wants to challenge me on that BRING IT ON!

From: http://insiderealestatenews.com/2010/04/hick-wants-explanation-or-correction-from-forbes/

10841 e. Holden in franktown co is hot, hot, hot! But man it is wearing me out. 10-15 showings per week and 2-3 calls per day is tiring.

68% of married couples spend more time with their laptops (lappies) than their spouse. Yep that is me

What is foursquare.com have to check that out.

Hanging out downtown at realtor rally and listening about Twitter trends... Cool stuff.

Time to Invest in Real-Estate - WSJ.com

This dude called the bottom - The author of this article writes...Last summer I wrote that it was time to buy residential real estate if you were in the market and looking for a bargain. I never expect to call a market bottom, and certainly not for long-cycle assets like houses, but I seem to have come pretty close. The latest S&P/Case-Shiller survey results, released last week, suggest housing prices bottomed out around April 2009, when its 20-city composite index was down 32.6% from its peak reached in June/July 2006. Since then it has gained 3% through January 2010. I would agree that was the case with Parker CO real estate as well (at sometime in spring of 09.) Read more:

From: http://online.wsj.com/article/SB10001424052702304172404575167971729724454.html?mod=WSJ_Real+Estate_LeftTopNews

Hey I think this is a great move and totally makes sense on a number of levels:

http://denver.bizjournals.com/denver/stories/2010/03/15/daily7.html

Denver-area single-family home prices rise 5.6% from a year ago

IAS: Denver-area single-family home prices rise 5.6% from a year ago - Median single-family home prices in the Denver-Aurora area rose 2.2% from December 2009 to January 2010, and climbed 5.6% between January 2009 and January 2010, according to Integrated Asset Services LLC. The figures are for five metro counties:
• Denver — Up 10.8%
• Adams — Up 1.1%
• Arapahoe — Up 4.8%
• Douglas — Up 5.4%
• Jefferson — Up 4.2%

http://www.bizjournals.com/denver/stories/2010/03/08/daily38.html?s=industry&i=resi_real_estate

Program to Pay Homeowners to Sell at a Loss

Program to pay homeowners to sell at a loss - The Obama administration is taking a new approach: paying defaulting homeowners to leave their home. This latest program, which will allow owners to sell for less than they owe and will give them a little cash to speed them on their way, is one of the administration’s most aggressive solutions. Taking effect on April 5, the program could encourage hundreds of thousands of delinquent borrowers who have not been rescued by the loan modification program to shed their houses through a process known as a short sale. Lenders will be compelled to accept that arrangement, forgiving the difference between the market price of the property and what they are owed.

http://www.msnbc.msn.com/id/35756755/ns/business-the_new_york_times/

America's 25 Richest Counties - Forbes.com

Looke Like Douglas County checks in at #8, but I thought we were higher actually. What happened to Pitkin County (Aspen) or Eagle County (Vail?)

From: http://www.forbes.com/2010/03/04/america-richest-counties-lifestyle-real-estate-wealthy-suburbs.html?feed=rss_forbeslife_realestate

Homes Of The Billionaires - Homes Of The Billionaires - Forbes.com

Some of these billionaires homes are surprising-at least they don't look like much from the air.

From: http://www.forbes.com/2010/03/09/billionaire-homes-2010-lifestyle-real-estate-billionaires-2010-houses_slide.html?partner=seealso

Denver area bucks slide in pending home sales - The Denver Post

One positive note at least. I'm hoping that each month shows an increase this Spring and gets more buyers off the fence.

From: http://www.denverpost.com/business/ci_14515956

Pranav Mistry: The thrilling potential of SixthSense technology | Video on TED.com http://www.ted.com/talks/lang/eng/pranav_mistry_the_thrilling_potential_of_sixthsense_technology.html

Still in shock about the bachelor finale last night!

Jan. sales of million-dollar homes down from December, year ago - The Denver Post

In Parker we sold 7 homes in the last 6 months over 1 million, with 4 being from Pradera, 1 from The Timbers, 1 in the Colorado Golf Club for 3 million (finally), and one actually sold for full price in February for 2.2 million in Sterling Tree Farms.

From: http://www.denverpost.com/businessheadlines/ci_14483928