Living in Colorado

We hear it all the time - homeowners and renters who are "waiting for the Colorado market to cool down because prices are too crazy right now."

Makes sense, except we have been hearing folks say this for about five years now, and prices have continued to go nowhere but up. This is a quick analysis of what could happen if current sales trends continue in the Denver Metro area, with both average prices and interest rates on the rise. (Calculations include principal and interest only.)

As you can see, prices ARE rising at a fast pace...jumping almost $200,000 in just two years. So, does it make sense to wait? It depends on your situation and your financial and Real Estate goals.

If you thinking about Selling a Colorado property, it might seem

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We always look forward to 5280's Real Estate Edition, and this year's version did not disappoint. It's filled with great information and is a resource for all things Real Estate in the Greater Denver Area. 

Colorado's Real Estate landscape is constantly changing, and this piece published this month is a great list of things that people making a move in the Denver area should be aware of.
Read the complete article at 5280.com

Rule No. 1

Understand the impact of record-low inventory levels. See the current market stats.

Rule No. 2

Target traditionally quiet times to buy and sell in what’s now a yearlong season.

Rule No. 3

Don’t count on rising interest rates to stall Denver’s market.

Rule No. 4

Get the right app. Many home

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You never know what you're going to find when you are showing homes. When you see as many homes as we do, you start to notice trends, and lately, we are noticing more and more shower plants. Apparently, this is now a common decoration for your favorite bathroom and Architectural Digest has the article to prove it! So get ready to turn your bathroom into a lush sanctuary and give your buyers a truly unique experience.

"Miniature jungles seem to be popping up in every corner of the house these days, and we mean every corner. Pinterest recently reported that searches for shower plants are up 302 percent from last year. That's right—they're talking about greenery perched beside you as you wash your hair. Further proof that all things leafy are on the

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A huge down payment might not be necessary to purchase a Colorado home.

One of the most frequent things we hear as Real Estate professionals helping first-time homebuyers to purchase Denver area properties is the misconception that a 20% down payment is required to obtain a home loan. In fact, the majority of homebuyers needed much less cash in order to purchase their Colorado property.

A recent report released by Down Payment Resource shows that 65% of first-time homebuyers purchased their homes with a down payment of 6% or less in the last several months.

The trend continued through all buyers with a mortgage, as 62% made a down payment of less than 20%, which is consistent with home purchases in 2016.

And an article by DS News points to

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Bright, open and beautiful, all a block from Wash Park.

Condos this nice in a location like this don't come on the market often. Lots of windows and tall ceilings help to fill this home with natural light. The great room features comfortable contemporary style - hardwood floors and a fireplace with a very cool tile surround. There are solid quartz counters in the kitchen to go with stainless steel, high end appliances and more cool tile on the backsplash. The master suite is big and comfy, with a deep tub in the bath and lots of closet space. The second bedroom and bath are perfect for guests or roommates. Sellers are the original owners and have used this as a second home. As a result, here's a rare opportunity to own a superb home a stone's throw

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Very rare opportunity to own a truly custom, modern home in RiNo. Attention to detail, down to the lighting and plumbing fixtures, is remarkable. Ceiling soars two stories in the great room, with huge windows letting in natural light and views of Long’s Peak and the city. Professional grade appliances, including a built-in Miele coffee maker, and marble counters in the kitchen, which marries form and function. Peaceful master suite on main floor with soft natural light and a well-finished, large walk-in closet. Oiled white oak, cork and concrete floors. Large ground level room with exposed brick is perfect guest suite or 2nd living space. 2 more bedrooms on the upper level are as modern and comfortable as the rest of the home. Spacious, secluded

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In the past few weeks we have gotten a lot of calls and emails from past clients as well as friends + family who are totally shocked by how much their Colorado property's value...and property taxes...have gone up. We thought this was a good summary from the Denver Post. If you are thinking about protesting your property taxes 

Neighborhoods throughout metro Denver have recorded double-digit price increases, which reflects the region’s hot real estate market. The biggest percentage gains are coming in lower-income neighborhoods that lagged in past cycles.

The first steps for those who disagree with value placed on their home is to figure out how much the value should be adjusted and whether a protest has a chance of winning. And with a June 1

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After that crazy hail storm dropped golfball size hail across the Denver Metro area yesterday, our Facebook and Instagram feeds got hailed on, too - with photos and videos of the damage that homeowners (and car owners) suffered due to the storm.

We did a little googling, and found this helpful article from our friends at Angie's List regarding How to Deal with Insurance Adjusters After a Hail Storm:

Thankfully, most of us don’t often have to deal with filing a homeowner’s insurance claim due to storm damage.  However, the consequence of this is that when the need arises, the learning curve can be steep.  

Because life’s too short to make all of the mistakes yourself, allow us to share the dos and don’ts of homeowners hail insurance claims.

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From the rare main floor owner's suite to the stunning views from every window...this lovely home has been impeccably updated from top to bottom. You'll love the huge gourmet kitchen, the 2-story fireplace, the award-winning landscaping, and the full finished basement. The wide open floor plan features soaring ceilings, gorgeous cherrywood floors and massive windows. The basement is beautifully finished making it the perfect game and media room. Cozy up to the fireplace on cold winter nights or have the gang over to watch the big game.

Westwoods Elementary School is right around the corner, and rises to top-rated Ralston Valley High. Hosting a crowd for drinks after the perfect round of golf, or watching the sunset with your favorite person...7091

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