Positive Perspective for the Denver Metro Market

1.  Homebuyer Tax Credit Extended, Expanded: The House of Representatives passed legislation November 5th that would extend and expand the tax credit for first-time home buyers.

2.  Denver Home Resales Rebound in October: Metro Denver home resales increased in October from September, but were down from October of last year, according to a Metrolist Inc. housing report released Friday.

3.  Existing-Home Sales Jump 13% in West, 9.4% Nationwide: First-time homebuyers helped drive up existing home sales nationwide -- and especially in the western states, including Colorado -- according to the latest figures from the National Association of Realtors. In the West, including Colorado, existing-home sales jumped 13 percent to an annual level of 1.3 million in September -- 5.7 percent higher than a year ago.

4. SMA Solar Plant to Bring Hundreds of Jobs to Denver: SMA Solar Technology AG, the world’s largest manufacturer of a critical component in solar power generation, said Monday it will invest about $20 million in its first North American manufacturing plant — in Denver — expected to open in the first half of 2010.

5. Vail Resorts' Sales of Season Passes Increase 13 Percent: Vail Resorts Inc.'s season-pass sales rose 13 percent in September as skiers eager for powder prepared to make tracks a year after the financial crisis.

Holiday Event Calendar, In & Around Denver

Colorado Suburban Home Styles: A Popularity Ranking

I have appraised thousands of homes in hundreds of neighborhoods in Colorado.  From my first-hand  research, I have established a popularity ranking of the most common suburban style detached homes.  The list was determined by analyzing average days on market, and sale price of the various styles.  Below is the list, starting with the most popular.  Click on the link for a description of the house style.

1.  Ranch
2.  Two Story
3.  4-Level, (split-level), with a basement
3.  Tri-Level, (split-level), no basement
4.  Bi-Level

The higher a house style is on the list, the more likely it is to sell quicker and for a higher dollar amount than the house styles listed below it.  There are always exceptions, and the list becomes less reliable in the cases of large houses, custom style houses, or houses located in the Colorado Mountains.

Do you want an idea what your Colorado home is worth?  Give me a call!


Stefan Geyer
Realtor / Certified Appraiser
Home Real Estate
303-858-8100
http://www.stefanmax.com/



  

Obama Signs Extended Tax Credit into Law

Obama Signs Extended Tax Credit into Law: http://bit.ly/oFMH9

Call me if buying or selling a home in the Denver Metropolitan area.

(see previous post for very detailed information regarding the tax credit for homebuyers)


Stefan Geyer
Colorado Realtor
http://www.stefanmax.com/

Denver > Buy Homes with your Credit Card?

Have you considered investing in a rental property, or two, or three?  Adding them to your investment portfolio?  How about properties so cheap that you could likely buy them using your credit card?  Of course, a credit card is not a recommended purchase method, but it gives you an idea of just how cheap some deals are.  I dove into the MLS this morning, searching for cheap properties in Colorado, specifically in Denver and the Greater Denver area.  Below is a summary of my findings:

-260 Single Family homes priced at 50K or less.
-28 Single Family homes priced at 25K or less.
-18 Condominiums priced at 25K or less.

You can expect every one of these properties need work, but there is a great deal of equity to be had in many cases.  Are you interested?  Contact me for additional information.


Stefan Geyer
Colorado Realtor
http://www.stefanmax.com/

Colorado Update: Homebuyer Tax Credit Extended & Expanded

For homebuyers, and home sellers, in Colorado, there is more good news! 

The Senate voted 98-0 on Wednesday and yesterday the House voted 403-12 on legislation that includes the extension and expansion of the credit. The President is expected to sign the legislation, perhaps as early as today.

More information on the tax credit and what it means to you:

Changes to the Homebuyer Tax Credit Law
Frequently Asked Questions About the New Bill
See How the House Voted
In Depth: 2009 First-Time Homebuyer Tax Credit

Now REALLY is the time to get your home listed or to begin your home search.  Contact me and let's get started.


Stefan Geyer
Denver Metropolitan Realtor®
Home Real Estate, 303-858-8100
Automate your home search.  Property alerts sent to you via e-mail >> http://www.stefanmax.com/

Colorado: Selling Your House? Should You Paint Your Lawn Green?

Sure! The house selling market is so competitive, anything you can do to separate your listing from another will likely result in a quicker sale. The lawn pictured above is a home in Colorado that recently had their lawn dyed. Painting your lawn is a quick and inexpensive way to give your lawn an appealing and even color. The paint is actually a dye, which only lasts until you mow it, so do it right after mowing. Most dyes are safe on plants and for children and animals, but double check. You can also purchase paint to color your mulch (i.e.: black, brown, and red).

If you would like to have your grass or mulch dyed, contact me, and I will refer you to someone I trust to do a good job for you.

Happy Selling!

Stefan Geyer
Colorado Realtor

Property listings sent automatically to your e-mail:  http://www.stefanmax.com/