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Real Information for the Denver Real Estate Market | The Brian Petrelli Team's Real Estate Blog

Just Listed in Higlands Ranch!

by Brian Petrelli 22. July 2010 14:21

Our team is excited to announce our new listing at 134 Willowick Cir in Highlands Ranch.

This great home is located near the intersection of Lucent and Broadway, just south of Highlands Ranch Town Center.This fantastic home has 4 bedrooms on one level, a large yard with a HUGE deck and is in great shape!We'll have more pictures and a virtual tour available soon. In the meantime, give us a call at 303-817-0209 if you'd like to see it.

See All Highlands Ranch Homes here.

134 Willowick Cir, Highlands Ranch

Green Valley Ranch Homes - New Listing

by Brian Petrelli 16. July 2010 12:46

We're thrilled to announce our new listing in Green Valley Ranch Denver Homes!

This is a big, 4 bedroom up, 3 bath house located south of 56th and East Dunkirk. Larger than 1,500 square feet and priced at only $149,000, this house is a fantastic deal! The golf course is just 3 blocks away and the Green Valley Recreation center is nearby as well.

Pictures are up on our website and virtual tours will be finished and posted Monday.

Meanwhile, if you'd like a personal tour, give us a call at 303-726-1874.

5556 espana ct
denver 80249

$149,900.00 

 You can see all Denver Houses for Sale Here.

Belleview Ridge Homes - Just Listed

by Brian Petrelli 8. July 2010 09:14

We're proud to announce our new listing in Belleview Ridge, Morrison, This remodeled, 4 bed, 2 bath home shows fantastic.

With new paint, a new roof, new patio, driveway, gutters, windows, furnace and so much more, you'll need to see it for yourself. This great home has a HUGE yard with great mountain views.

Virtual tours will be up on our site shortly. In the meantime, give us a call at 303-726-1874 to see it for yourself. 

13195 w chenango ave
morrison 80465

13195 W CHENANGO AVE, morrison  House Search MLS Picture
$224,900.00
 

You can see all Morrison Homes for Sale on our website.

South Capitol Hill Denver Homes Price Reduction

by Brian Petrelli 5. July 2010 09:47

Our Seller at 401 S Kearney in South Capitol Hill just reduced their price to $429,500!

If you have spent any time looking at South Capitol Hill Homes, Denver, then you know what a deal this is. With 3 beds, 3 baths and nearly 2,500 square feet, this home is absolutely gorgeous. You can click below for virtual tours, pictures and more information, or give us a call to see it for your self at 303-726-1874.

401 s kearney st
denver 80224

401 S KEARNEY ST, denver  House Search MLS Picture
$429,500.00

Under Contract in 36 Days - Heather Gardens

by Brian Petrelli 24. June 2010 12:55

We're thrilled that we were able to get this Heather Gardens home Under Contract for our seller so quickly. Especially since it was listed by another agent for over 4 months with no contract.

Heather Gardens is a great 55+ community in Aurora. There is no better Aurora Condo community that offers the ammenities Heather Gardnes does.

We're still accepting back-ups, so take a look at this great home.

14091 e marina
aurora, CO 80014 


Just Listed - Highland View Townhome, Centennial

by Brian Petrelli 18. June 2010 10:40
Our team is very proud to announce this new, gorgeous listing in Highland View Townhomes, Centennial.This townhome is truly the best unit in the complex. It's located on the only cul-de-sac in the complex, it backs to a greenbelt is beautiful inside. With a finished basement, this home has 3 large bedrooms, custom neutral paint throughout, a/c a fantastic kitchen and so much more.My words won't do this home justice, so take a minute and check out the virtual tours now.

2699 e nichols
centennial 80122

centennial  House Search Picture
$158,900
Beds: 3      Baths: 2
Fin Sq Ft: 1515     Year: 1984
You can see all available Centennial Townhomes here. 

 

Colorado foreclosure filings at 18-month low

by Brian Petrelli 18. June 2010 10:24

This is great news!

From the Denver Post:

May foreclosure filings dropped to their lowest level in 18 months in Colorado, a sign that homeowners may be getting more leeway to repay or restructure their loans.

New filings in metropolitan Colorado counties fell to 2,633 in May, a 17.7 percent decline from the same month last year, according to the state Division of Housing.

Denver, Douglas, Larimer and Weld counties saw the steepest drops from last year, while Mesa County recorded a slight increase in new foreclosures.

You Can Search All Denver Foreclosured Homes here or all Denver Hud Homes here.

Castle Pines North - Under Contract in 27 Days!

by Brian Petrelli 11. June 2010 11:28

We tried to warn you that this fantastic, ranch Castle Pines North Homes wouldn't stay on the market very long. In fact, it was on the market only 27 days before we had it under contract.

This great home has 3,000 finished square feet, 3 beds, 3 baths and Over $80,000 in amazing upgrades. You simply can not find a nicer Castle Rock Homes for sale anywhere near this price.

We'll keep you updated on the status of this home and let you know when it closes.

8208 cottongrass ct
castle rock 80108

8208  COTTONGRASS CT, castle rock  House Search MLS Picture
$399,900.00

Price Reduced - Dakota Station Townhome, Littleton

by Brian Petrelli 11. June 2010 10:04

Our Townhome listing at 9633 w Chatfield in Dakota Station Townhomes has just had a substantial price reduction, bringing the price below$130,000.

This two story Littleton Townhome has brand new carpet, brand new paint, 2 bedrooms and two baths. This updated townhome is located in the interior of Dakota Station and backs up to a community maintained, private greenbelt.

Dakota Station Townhomes are located about a mile north of C-470 at Kipling and Chatfield. This centrally located neighborhood has easy access to the foothills and C-470 - making commutes to both the Denver Tech Center and downtown quick and easy.

Take a look at our website for virtual tours and then give us a call at 303-726-1874. At this reduced price, this updated townhome will not last long.

9633 w chatfield
littleton, CO 80128
9633 W CHATFIELD , littleton  condo / townhome Picture
$129,900.00

Short Sale Home in Montbello, Denver $129,500

by Brian Petrelli 10. June 2010 10:03

This home is an amazing deal.

Built in 1999, this 4 bed, 3 bath home is located just north of I-70 and west of Pena Blvd. Priced at $129,500, it will be hard to find a better deal in this location. We have our in house short sale specialist working on this now and expect a lender approval shortly.

At this price, this Montbello Denver Home will not last long.

5284 fairplay st
denver 80239
5284  FAIRPLAY ST, denver  House Search MLS Picture

$129,500.00

You can see all Denver Homes for Sale and Denver HUD homes for sale on our website.

Just Listed in Castle Pines North

by Brian Petrelli 9. June 2010 11:20

Our team is excited to announce this great home in Castle Pines North Homes.

This fabulous home has over $80,000 in upgrades and shows impeccable! With granite, cherry and maple cabinets, stainless steel appliances and a finished basement, you have to check this home out.

Take the virtual tours here:

8208 cottongrass ct
castle rock 80108

8208  COTTONGRASS CT, castle rock  House Search MLS Picture
$399,900.00 

You can see all Castle Rock Homes for Sale on our website.

Just Listed - Friendly Hills, Morrison Home

by Brian Petrelli 8. June 2010 10:39
The Brian Petrelli Team is proud to announce the listing of this picture perfect Denver Foothills Home. The backyard, deck and amazing mountain views of this home sell you on this home, but the gorgeous inside will seal the deal.Check out the virtual tours of this Friendly Hills, Morrison Home and give us a call today. 

12260 w quincy ave
morrison 80465

12260 W QUINCY AVE, morrison  House Search MLS Picture
$229,900.00
 

See all Morrison Homes for Sale here

 

Price Reduced - Amazing Capitol Hill Home

by Brian Petrelli 7. June 2010 09:31

Our sellers have just reduced the price on this fantastic Capitol Hill, Denver Home.

At almost 2,500 square feet, this 3 bed, 3 bath home has all the upgrades and shows amazing. With hardwood floors, stainless steel appliances, 2 furnaces and more. Take a look at the virtual tours and see what this great Denver neighborhood has to offer!

401 s kearney st
denver 80224

401 S KEARNEY ST, denver  House Search MLS Picture
$437,000.00

New Mortgage Rules on Credit Scores - This is Important

by Brian Petrelli 1. June 2010 13:29
There is a big change coming this month, so if you or someone you know is buying a home or refinancing, pay attention.We've just been informed that in addition to pulling your credit score during the application phase of a mortgage, lenders will now be pulling your credit score the day of or day before closing as well. This means that if you even applied for a new line of credit, credit card, etc, your score new mortgage could be in jeopardy. It's very common for a buyer to be days away from closing and decide to go to the furniture store or electronics store to start shopping for the new home. If you open a new line of credit and it impacts your score or even your debt ratios, your closing could fall through.Even if your lender tells you that everything looks great, just wait until you close before you by that new sofa!

 

Denver Home Prices up 4.1% from 2009 - S & P / Case Shiller

by Brian Petrelli 26. May 2010 16:11

This is fantastic news, but not unexpected. We've seen this data trending upward for 5 months now (this is after 36 straight months of price declines). It will be interesting to see what happens next month when the data post-tax credit comes in.

Here's the key comments from the article (read it all here):

Just Listed in Palomino Park

by Brian Petrelli 26. May 2010 08:39
 
8566 gold peak
highlands ranch 80130

highlands ranch  House Search Picture
$229,900
Beds: 2 Baths: 2
Fin Sq Ft: 1133 Year: 2006

MLS #: 886979
Listing Office:
mb the brian petrelli team


Disclosures
 

Our team is excited to list this gorgeous, former model home in Palomino Park.

This two bedroom, ranch home has wood floors, custom paint, lighting upgrades, tiled bathroom floors a 2 car garage and 9 foot ceilings. The home is steps away from the community hot tub and entertaining area.

Palomino Park is the premier community in Highlands Ranch and has its own health club, clubhouse and countless activites for you to enjoy.

Check out the virtual tours on our website and see why Palomino chose this home as a model to show off the complexes finest home!

You can see all Highlands Ranch Condos and Townhomes for Sale here.

Denver-area short sales of homes down 18% in Q1

by Brian Petrelli 24. May 2010 15:21

Some encourageing news from the Denver Business Journal Today:

Denver-area short sales of homes down 18% in Q1

Denver-area single-family home prices up 4.1% in March from 2009

by Brian Petrelli 11. May 2010 15:31

This is certainly good news. Based on what we've seen in the market, this trend looks to continue; a slow, slow, upward trend in home prices.

 From the Denver Business Journal:

Price Increases by Zip Codes

by Brian Petrelli 3. May 2010 14:53
The Standard & Poor’s/Case-Shiller Home-Price Index for the 10-City and 20-City Composite reported no change and a slight decline of 0.7 percent respectively, while Denver’s home price index rose 2.6 percent between January 2009 and January 2010. Las Vegas’ index dropped 17.4 percent over the last year, while San Francisco’s shot up 9.0 percent. Sales trends vary wildly throughout the nation, making it so important to know the trends in an area before making any decisions about buying or selling real estate. 

Not only does the S&P/Case-Shiller Home Price Index illustrate how different the various areas are performing, sales data from our own Denver Metrolist shows that as well.  We used the Metrolist to research the change in average sales price for Colorado zip codes from February 2009 to February 2010. We found the top 50 zip codes with at least 20 sales that experienced the greatest increase in average sold price. The chart in the newsletter below lists some of those top zip codes and the change in their average sold prices (more are listed on page 2). If you’d like to know how your zip code has preformed over the last year, please call or email me.

 

Denver home prices up for 4th straight month!

by Brian Petrelli 27. April 2010 17:20

According to this article by the Denver Business Journal (link below), Denver home prices are up for 4th straight. Obviously this is great news.

This report coresponds to what we've been seeing with our active clients. As the Denver HUD Homes and Foreclosures continue to diminsh, prices continue to rise.

Key except from this article:

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