Denver is The Millennial City!

More people are moving to Denver than ever and a good portion of the people moving here are millennials.  What is a millennial?  There are many definitions yet let’s go with “someone born from 1981 to 1997″.  Denver is drawing this demographic for many reasons which keep most of us here: weather, outdoor activities and business opportunities.  In fact, an average of 12,682 more millennials per year moved here than left! To find out more about why millennials are coming here please follow link to The New York Times Article.tHE bEST cITY for millennials

 

 

 

Choosing a Title Company That Works for You

What is a Title Company and what do they do in your real estate transaction? A Title or Escrow Company, is an important part of the under contract process all the way to the closing table. Read more on how to choose a reputable company and what their responsibilities to you are Learn more here

What Makes a Successful Business Partnership?

Teamwork

 

Partnerships are a great thing to be in, as they show camaraderie, cooperation; all working towards the same goal and allows flexibility to accomplish more than if you were a party of one. Though it seems intuitive that working with another will make everything easier, egos and feelings can get in the way and make for a miserable experience.  Finding the right business partner is like finding a personal partner; you need someone to support you through tough times, pat you on the back during successes, be on the same page with future goals, oh, and compromise. Is your work relationship solid? Does it possess the necessary attributes to be a success? Read on…http://ow.ly/8x8q302kQbt

Open House Sat. July 16th, 11-3 ~ Beautiful Estate Home in The Preserves at McKay Shores ~

Stunning Estate home with ample upgrades and designer finishes which distinguishes itself from other homes in the neighborhood! Main level and basement have been extended out by 6′, garage has been extended out by 4′. Master-craft cabinetry throughout, amazing pictures windows in the great room allow lots of Colorado sunlight to warm the open space. 6,323 finished sq.ft. allows plenty of living and entertaining space. For an amazing viewing experience: http://ow.ly/vl9w302hEGB

 

Open House Beacon 11 - 3 updated price link

Market Info 80223

The 80223 zip code market was solid in this week’s report, as the number of home sales climbed 8.3{698b30d9bf640d0eb60735be3113b1bdd5153a3d4f5fb3078515512b83165c46}, pushing the total to 26 homes sold over the last 30 days. The median sales price climbed to $332,500, up from last week’s $280,250. With only one month of inventory and rising sale… Read more »
Sarah and Erin
URBAN HABITAT
Ask a question »
F
O
R

S
A
L
E

Office | 303-834-1121 Sarah Bowles | 720-837-2724
2010 E 17th Ave Denver CO sarah@cohomesdenver.com
M
A
R
K
E
T

S
T
A
T
S

 

Real Estate Update for 80224
Colorado-Homes-Denver---2 Jul 6 – Sales in the 80224 zip code market fell to 32 homes sold over the last 30 days, while the number of sellers reducing their list prices reached 29, which continues a solid upward trend in price reductions. Potential buyers should note that prices are coming down in the 80224 zip cod… Read more »
CoHomesDenver
URBAN HABITAT
Ask a question »
F
O
R

S
A
L
E

Office | 303-834-1121 Sarah Bowles | 720-837-2724
2010 E 17th Ave Denver CO sarah@cohomesdenver.com
M
A
R
K
E
T

S
T
A
T
S

80223 Market Info

info market 80223

June Monthly Market Stats –

June Market Shows Some Improvement for Buyers

The Colorado real estate market has definitely been geared towards sellers for the most part of last year through today. June’s statistics show some favorable trends though for buyers! Listings for single family attached and detached homes have gone up 13{698b30d9bf640d0eb60735be3113b1bdd5153a3d4f5fb3078515512b83165c46} from May, and are 8{698b30d9bf640d0eb60735be3113b1bdd5153a3d4f5fb3078515512b83165c46} up from a year ago. Buyers now have more options to view and purchase, which will hopefully decline multi bidding wars, leading to frustration.

Unchanging though, is the high cost of purchasing. SFH’s have averaged a sales price of about $419,000, up 3{698b30d9bf640d0eb60735be3113b1bdd5153a3d4f5fb3078515512b83165c46} from May and up 12{698b30d9bf640d0eb60735be3113b1bdd5153a3d4f5fb3078515512b83165c46} from last June. Attached SFH’s averaged a sales price around $293,000.

Another interesting trend is the decrease in under contracts and sold homes compared to this time last year. Detached homes have seen a 4{698b30d9bf640d0eb60735be3113b1bdd5153a3d4f5fb3078515512b83165c46} drop and attached homes have seen an 11{698b30d9bf640d0eb60735be3113b1bdd5153a3d4f5fb3078515512b83165c46} percent drop in under contracts. Sold SFH’s, detached and attached, have declined by 17{698b30d9bf640d0eb60735be3113b1bdd5153a3d4f5fb3078515512b83165c46} ytd. Could this be due to transactions falling out of contract or is it the time of year?

With July upon us, the market tends to cool down as families are traveling before kids return to school. Will July show more of a slow down on homes making it to the closing table, or with more inventory, will buyer’s be more likely to find the right home and go under contract?

Until next month Colorado!

June monthly Indicators Local Market Updates June JUNE SNAP SHOT

“Cool Off in July” – Newsletter

Cool Off in July (1)

~Open House~ Beautiful Estate Home in The Preserves at McKay Shores~ Sat. June 9th, 10-2

Please join us for a Public Open House Saturday from 10-2 at 13904 Beacon St., Broomfield, CO

Open House_13904 Beacon Street_Erin_Sarah

Falling Out Of Contract

Under Contrat

 

 

Your good friends just went under contract on a home, then you hear that the contract fell through.  What circumstances arose to have this happen and what does this mean for your friends?  Watch the video in the below link to learn more.

Falling Out