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Highlands Ranch

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Found 55 blog entries about Highlands Ranch.

The National Association of Realtors analysis of U.S. Census Bureau data reveals there are approximately 8 million vacation homes in the U.S. Not only that, but their 2014 Investment and Vacation Home Buyers Survey shows vacation home sales increased substantially in 2013. Call Craig Adelman today at 303.809.8979.

According to NAR Chief Economist Lawrence Yun, favorable conditions are driving second-home sales:

“Growth in the equity markets has greatly benefited high net-worth households, thereby providing the wherewithal and confidence to purchase recreational property,” he said. “However, vacation-home sales are still about one-third below the peak activity seen in 2006.”

Take a look at the findings from the report:

Raw Numbers:

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The most popular condiment in the US is Mayonnaise, and by a wide margin. Last year mayo sales totaled $2 billion.  Ketchup was a distant second at $800 million, followed by soy sauce at $725 million, barbecue sauce at $660 million and hot sauce at $550 million and rising rapidly. A key part of mayonnaise's success; almost $600 million in sales of low-fat (healthy?) mayo! Can this be true, Mayo… Really??

Random fun fact of the day sponsored by Craigadelman.com ……                                                    

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Of the 77 million Millennials, 19% are Hispanic. This group (age 18-36) is the most racially and ethnically diverse than any previous generation. Accoding to some, the Hispanic population will grow to 167% by 2050.

Hispanic Millennials are 14 percent first generation, and 12 percent second generation Americans, keeping strong ties to their home country, culture and language. For example:

  • 63% of the Millennials feel it is their responsibility to care for an elderly parent, according to Nielsen: “this is partially tied to the ethnic diversity of the generation. Typically ‘Hispanic and Asian Americans’ have cultural expectations that elderly family members will be cared for by the younger generations.”

This can help you to understand why when

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We have often gone around the fact that Millennials have a stronger belief in homeownership than previous generations. There are some that have strongly disagreed. Well, a new study from the National Association of Realtors (NAR) found Millennials now account for the greatest market share of recent home purchases. Call Craig Adelman today at 303.809.8979.

NAR’s Home Buyer and Seller Generational Trends Study for 2014, revealed that Millennials made up 31% of recent purchases, leading all other age groups. Here are the percentages for other generations:

-30% - Generation X

- 30% - Boomer Generation

- 9% - Silent Generation

NAR chief economist Lawrence Yun explained:

“Given that Millennials are the largest generation in history after

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Denver interest rates

"One thing seems certain: we aren't likely to see average 30-year fixed mortgage rates return to the historic lows experienced in 2012."

Says, - Freddie Mac,  March 24, 2014

There are those that hope that 30-year mortgage interest rates will head back under 4%. Obviously, for any prospective home purchaser that would be great news. However, there is probably a greater chance that interest rates will return to the greater than 6% rate of the last decade before they would return to the less than 3.5% rate of 2012.

Freddie Mac, in one of four original posts on their new blog, explained that current rates are still extremely low compared to historic averages:

"The all-time record low – since Freddie Mac began tracking mortgage rates in 1971 –

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The National Association of Realtors (NAR) released their latest Existing Homes Sales Report last Friday. The year-over-year comparison of overall sales did not look very appealing. NAR itself called the sales numbers “subdued”. Other media sources used stronger terminology.

There is no doubt that home sales were lower this February (4.60 million) than last February (4.95 million). However, a closer look at the report gives us some evidence as to why that is. Last year, of the 4.95M homes that were sold, 25% were distressed properties (foreclosures and short sales). This February, only 16% of sales were made up of distressed properties!

WHY IS THIS IMPORTANT?

Well, if we do the math, we can see that the annualized number of non-distressed

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Should I Rent My Denver Area House If I Can't Sell It?

Home For Rent

A recent study has concluded that 39% of buyers prefer to rent out their last residence rather than sell it when purchasing their next home.

The study cites that many homeowners were able to refinance and “locked in a very low mortgage rate in recent years. That low rate, combined with a strong rental market, means they can charge more in rent than they pay in mortgage each month, so they are going for it.”

This logic makes sense in some cases. We at KCM believe strongly that residential real estate is a great investment right now. However, if you have no desire to actually become an educated investor in this sector, you may be headed for more trouble than you were looking for. Are you

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Nestled just 12 miles south of Denver, Highlands Ranch is a spectacular community with lots of open green space and tons of beautiful scenery. With homes ranging from just over $45,000 to more than $3,200,000 there is one that will suit every family's budget.

Demographics

Highlands Ranch was first incorporated as a master-planned community in 1981. It consists of 22,000 acres of land, and is home to around 93,000 residents according to the town's official website. That is a significant increase from the turn of the century, when the population was reported to be around 70,931. There are more than 24,000 households here, meaning that there are always plenty of opportunities to purchase real estate.

Recreation and Sports

Highlands Ranch has

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At Kenna Real Estate, we firmly believe in giving back to our community and helping organizations that provide valuable service to those who are less fortunate and need assistance. We are proud to announce the sign-up for the 6th annual "HUGE" garage sale held in the Hearth neighborhood in Highlands Ranch, Colorado. Some proceedings will be donated to the Denver Area Humane Society, also known as the "Dumb Friends League", which is the largest community-based shelter for homeless pets in the Rocky Mountain area. The event will be held Friday, May 17 and Saturday, May 18, 2013. We are hoping to see the participation of hundreds of homes in the Hearth neighborhood for this year's garage sale.

Kenna Real Estate Is Delighted To Help the Denver Area Humane

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New program offers No Down Payment Loan