Real Estate News - Denver, Colorado | Page #38
Denver Real Estate Blog

As a full-service real estate agency, Kenna Real Estate offers special savings for homeowners who take advantage of our premium buying and selling services: We will sell your home for a flat fee of $2,500 if you purchase your next home with us.  EXPIRES August, 2014

The Service fees for the purchase of your next home are paid by the seller, meaning you can access our premium homebuying services and expertise for free, and save thousands on the sale of your own home at the same time. There are no hidden costs–the $1000 is applied toward the standard MLS Co-op fee. This is a great opportunity to take advantage of our comprehensive real estate services, including extensive online marketing and promotion to bring in more and better offers from

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The City of Lone Tree has announced a new program to help small businesses conserve energy and save money.  Working with Xcel Energy and its partner Franklin Energy, the City is offering an additional rebate to cover 100 percent of the cost of replacing older T12 fluorescent lights with more efficient T5 or T8 lights.  This makes good business sense because:

  • The manufacture of the inefficient T12 fluorescent lights will be phased out in 2012.  You will no longer be able to buy replacement tubes for your T12 fixtures and will eventually have to replace the old lights and related fixtures. Visit Frequently Asked Questions for details.
  • Combining Xcel Energy™s rebate with Lone Tree™s rebate will allow a small business to replace the out-dated T12
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Mortgage Interest Rates Move Even Lower This Week

WOW!  Fixed and adjustable-rate mortgages sank to new lows for the year, continuing a downward spiral for the eighth straight week. Freddie Mac reports in its weekly mortgage market survey. This Should encourage many Home Buyers to "get off of the Fence" and buy some homes. For Home Sellers in Denver and the Denver Metro area this means List your Home for sale now. It is Home Buying Season and home buying equals home selling. This is Exciting News.

Let's Take a closer look at how rates fared for the week:

• A 30-year fixed-rate mortgages averaged 4.49 percent this week, down from last week's 4.55
percent average. A year ago at this time. 30-year rates averaged 4.72 percent.

• A 15-year fixed-rate

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30-Year Rates on Home mortgages in Colorado Inch Up Slightly for the Week

After eight weeks of declines, the average 30-year fixed-rate mortgage, a popular choice among home buyers, edged up this week but still remains low by historical standards. Meanwhile, the 15-year mortgage continued to reach new lows for the year. Freddie Mac reports in its weekly mortgage
market survey.

Here's how mortgage rates in Denver fared for the week.

A 30-year fixed-rate mortgage averaged 4.50 percent, up just slightly from last week's 4.49 percent.
Last year at this time, the 30-year rate mortgage averaged 4.75 percent.

A 15-year fixed-rate mortgage averaged 3.67 percent for the week, which is down from last week's3.68 percent. That marks its lowest level since

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Fannie Mae is  making it easier for buyers and for real estate agents with Homepath Financing. Homepath is the name given to Fannie Mae's Finance program for Home Buyers. A Fannie Mae Home is a Foreclosure held by Fannie Mae.   If you submit an offer for a Fannie Mae HomePath property and close by October 31, 2011, Fannie Mae will pay up to 3.5% of the purchase price towards the Buyer's closing costs and Appliances. The will also insure the appliances.
There are programs also where you can get extra money escrowed for updates and repairs. ( Contact us for Details)    Homepath homes are just like HUD Homes and Foreclosures.
HomePath properties are pretty good deals.  Here's why:
  • No appraisal is necessary- Huge Bonus these days!
  • There
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Our Air Conditioners Keeps us cool and comfortable until we get the electric bill. Fact is most people do not use their air conditioning effectively or efficiently.  You are not going to save bundles of money by being a better user of A/C, but it can reduce your electric bill.

Save MONEY by following a few simple rules regarding central or window A/C use.

Maintenance:   Your air conditioner needs regular maintenance to operate at peak performance. Clean or replace your filters once a month or as required.  The indoor cooling coils in the air handler should be cleaned once a year.  Make sure the machine is properly lubricated.  Oil the motor and bearings twice a year.  The outside compressor™s fan blades in the air handler should also be cleaned. 

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 Summer looks good for home buying and Selling in the  Entire Denver Metro area!

 Buyers are hitting the streets looking for homes and Open Houses. Interest Rates are staying Steady at yeary lows and  great home prices are motivating Home Buyer's in the Denver area to purchase homes.

Here are the Averages for Mortgage Rates;

A 30-year fixed-rate mortgage: averaged 4.50 percent, which is unchanged from last week’s average. Last year at this time, the 30-year rate mortgage averaged 4.69 percent.

▪ A 15-year fixed-rate mortgage: averaged 3.69 percent, up slightly from last week’s 3.67 percent average. Last year at this time, the 15-year rate averaged 4.13 percent.

▪ A 5-year adjustable-rate mortgage: averaged 3.25 percent this week, down from last…
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Foreclosures Contribute to Colorado Rental Boom

Foreclosed home owners in are contributing to a boom in the Denver Home rental market. Nearly half of property managers recently surveyed — or 47 percent — say they're seeing an increase in applicants moving
to rental units from foreclosed properties.

But foreclosed home owners may not find big deals in the rental market. As vacancies shrink, many property managers say they have increased prices on their rental units in the last year, according to a new survey of 1.252 property managers across the country by TransUnion, which provides rental
screening solutions to both large property management companies and independent landlords.

"The majority of respondents said that they are not having problems

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Toll Brothers will build Luxury Homes in the BackCountry in Highlands Ranch, Colorado

 Shea Homes, the community developer of the BackCountry Subdivision. is pleased to announce that Toll Brothers will be joining the group of distinguished

builders offering home collections at BackCountry. Toll Brothers plans
to introduce a new collection of designs and it's anticipated that its sales
office will open by July 2011. Toll Brothers Luxury Builders brings to BackCountry a benchmark legacy cultivated over four decades of Luxury home building. As one of the nation's leading builders of luxury homes, they create beautiful and
livable homes that offer a combination of quality materials and superior
design. What a wonderful addition they'll bring to our

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Offer Incentives to Sell House

Colorado Sellers may need to get creative and sweeten the deal to get home buyers to offer on their listing.

 Stand out from other neighborhood homes for sale by giveing home buyers some extra incentive to choose your listing over the large inventories of others?
Sure, price will get their attention, but some incentives may be the extra motivation needed to get the deal to the closing table.

Here are a few common ideas that may help your real estate transactions.

Home Warranties:

Home warranties, which can cover the repair or replacement of many home system appliances and components (such as air conditioner, water heaters, and more), can provide buyers with some extra confidence when purchasing a home. 'Home

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Listing information last updated on July 13th, 2020 at 10:18am MDT.