Blog Entries Tagged: info

Tagged : info

Found 23 blog entries tagged as "info".

THE RIGHT DOWN PAYMENT FOR YOU 

So, you are getting ready to buy a home.buiyng_a_home_346

You have a pretty good idea what price range you need to look in, but what about the down payment? How much will you need to be prepared to put down and what should you put down?

 The standard in buying a house is between 5% and 10% down payment. For example, if you were looking to buy a $100,000 house with 5% down, which would be $5,000, the remaining $95,000 would be financed with a mortgage company.  Let's say you have owned that house for one year and the property appreciates in value by 10%, making it's value at $110,000. What that means is that you have gained $10,000 on your initial investment of $5,000. That is considered high-leverage and is a great return on

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"We were told we would get a response today from the bank on a short sale..."

You put in an offer for a house that is being sold as a short sale.
You were told you would get an answer back by today.
But you haven't heard anything back right?
It happens.

short sales can take a long timeIf you are a buyer and are looking to buy a Short Sale, one of the things you have probably heard is that it could take a while. A long while. Weeks. Months. Forever it seems.
Depending on many variables (lender, listing agent, etc.) getting the lenders approval for the short sale can take anywhere from a short couple of days to literally months.
Sometimes the short sale doesn't even get approved. Sometimes the short sale gets approved for more than the listing price. Yes it happens too.

We…
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Dog Parks in Highlands Ranch - HOUND HILL DOG PARK - Off Leash

Dog Parks in Highlands Ranch CO - Hound Hill Dog Park in Highlands RanchWhen driving around Highlands Ranch, you will see pets, and more pets. Residents in Highlands Ranch love pets. So, Metro District Parks and Open Space offers Highlands Ranch Pets four dog parks - OFF LEASH (Yeah...)


The first featured Dog Park in Highlands Ranch is the HOUND HILL Dog Park

Hound Hill is located just south of Quebec/University/Lincoln intersection. The dog park is situated on a gently sloping terrain,  South of the Post Office and next to soccer fields, baseball field and a playground - the complex is called Highland Heritage Regional Park.

 

The Hound Hills dog park is very popular and often busy with pets and their owner, the dogs are happily skipping and

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Highlands Ranch, CO - Summer Carnival FUN

Highlands Ranch Carnival on-going NOW

Brought to you by Highlands Ranch Community Association (HRCA)


Dates: June 7th through June 15th

Location: West Parking lot of Mountain Vista High School

Times: Monday 9th - Friday 15th from 4PM - 11PM

Tickets: You can purchase tickets at the ticket booths. All day pass is $20.00. You can buy individual tickets and ticket packets as well.

We went on Saturday night (June 7th) which was a bit cold and breezy. It was fun, and we ate too much! If you like Funnel Cake, Try it, it was so good.

Contact Brian Burke, Managing Broker with Kenna Real Estate @ 303.955.4220 to list your home for sale or to
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Absorption Rate

Definition: Number of weeks it takes to sell the current inventory of  Denver homes at the present rate of sales.

Absorption rate is simply the rate at which real estate is selling. The rate is used to find out trends in Real Estate. The be able to track these trends Real Estate Professionals follow these (and other) numbers usually on a monthly basis.
The absorption rate is more of an estimate, not exact science and it can be calculated for any particular price point, any subdivision or neighborhood or for number of other criteria.

To figure out what this rate is you need to know the following numbers:
1. Number of Homes on the Market (ACTIVE)
2. Number of Homes SOLD last month. (sometimes you see pending or under contract homes

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Littleton CO Luxury Homes and Real Estate
Market Report Oct 2008

In October 2008 one luxury home sold in Littleton Colorado. The sold home is a new construction and was sold by the builder. One home is currently under contract.
This report is for luxury homes one million dollars and above.  
Address Beds Baths Square Feet DOM List Price Net Sold Price % of List to Sold Price Price/ sf
10153 Tunder Run* 4 7 3456 482 $1,350,000 $1,224,700 90.7% $354
DOM = Days on Market

The average price per square foot for the luxury homes sold in the last six months (from May 08 to Oct 08) was $361/square foot and the average days on the market for was 138 days. The average percent difference from the list price to…
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Lone Tree CO Luxury Homes and Real Estate
Market Report Oct 08

In October three luxury homes sold in Lone Tree CO. The average days on the market was 192. The average price per square foot of the homes sold in October was $322/sf. No homes are currently under contract.
This report is for luxury homes one million dollars and above.
Address Beds Baths Square Feet DOM Original
List Price
Net
Sold Price
% of List to Sold Price Price
/ sf
9654 Silent Hills* 5 6 4470 0 $1,509,737 $1,509,737 100% $338
8774 Crooked Stick* 4 5 3946 381 $1,685,000 $1,300,000 77.2% $329
9450 Star Hill* 5 5 4005 2 $1,175,000 $1,190,000 101.3% $297
Averages    
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Lone Tree CO Real Estate - Quarterly Report
 for homes sold from $700,000 to one million

In the third quarter of 08 you can see slight decline on all areas compared to the second quarter.
Quarterly Numbers 4th quarter 2007 - 3rd quarter 2008
  Q4 Q1 Q2 Q3
Days on Market (DOM) 152 248 185 205
DOM range - low to high 14-425 39-465 8-365 40-456
% Difference List vs. Sold 86.3% 88.6% 88.4% 87.6%
% difference - low to high 69.3-96.6% 73.6-100% 76-98.6% 73.2-95.6%
Average Price/square foot $221 $227 $220 $209
price/sf - low to high $181-$253 $198-$275 $178-$273 $178-$273

What kind of houses can you buy for 70% of the listing price? The ones that have…
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Denver CO Luxury Homes and Real Estate - Many to choose from

Currently there are nearly 400 luxury homes for sale in Denver and many more in the cities and counties surrounding Denver. Depending on what price range from million dollars and above you are looking at there certainly are many homes to choose from.

Denver Luxury Homes and Real Estate - luxury homes for sale in Denver

Denver Luxury Homes and Real Estate - luxury homes for sale in Denver

Denver Luxury Homes are located in many neighborhoods in Denver, including Cherry Creek, Hilltop, Denver Country Club, Bonnie Brae and Belcaro Park.

Denver Luxury Homes and Real Estate - luxury homes for sale in Denver Cherry Creek

If you are not sure which neighborhoods you would like to concentrate on, think about and write down features that are important to you. After your price range in mind, here are a few features to put on your list:
  • Minimum number of bedrooms
  • Minimum number of baths
  • Square feet (finished
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Denver Photo Journal

These photos were taken around in southern parts of Denver area, in Douglas County. There are lots of wild and not so wild animals around in Colorado for a great photo opportunity. While I am out and about I like to take pictures of the Local Animals

Photo Journal

Animal sightings in Douglas County Colorado



Daniels Park

Buffalo Daniels Park Castle Rock CO

Buffalo at Daniels Park Castle Rock CO

Horse McArthur Ranch Littleton CO

Coyote Highlands Ranch CO


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Disclaimer: Kenna Real estate Blog does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied. Blog posts on the Kenna and Co. Blog

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Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES.

Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed by the MLS.

Listing information last updated on February 18th, 2020 at 11:34pm MST.

Metrolist Services Inc (Colorado) Logo Terms and Conditions: The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Kenna Real Estate are marked with the IDX Logo. This information is being provided for the consumers personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

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Listing information last updated on February 18th, 2020 at 11:45pm MST.

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