The Brian Petrelli Team Blog

The market for Castle Rock Foreclosures is hot. With the lack of available inventory for Castle rock homes, buyers have been forced into bidding wars on many of the few foreclosures that do become available. HUD helped us out a little by recently releasing a home in Founders village Castle rock.

Listed by HUD at $175,000, this foreclosure has 1136 finished square feet, 3 beds and 2 baths. $175,000 is a good price for a home of this size in Founders village Castle rock and we expect it to sell quickly.

If you are interested in this Founders village Castle rock foreclosure, don’t wait. Contact our team today at 303-726-1874 so we can show you the home and help you place a bid with HUD.

5362 east sandpiper avenue castle rock 80104 Founders village $175,000 est $	Beds: 3      Fin Sq Ft: 1136 Baths: 2     Year: 1988 # of Photos Avail: 25 V-tour Available:  Yes MLS #: 7784822 Listing Office: re/max professionals	Broker Remarks:  great founders village home in quiet cul-de-sac location! corner lot within walking distance to founders park and rock ridge elementary! light and bright interior with lots of windows! vaulted living room with skylights and charming wood-burning fireplace! cozy kitchen with eating space overlooking … more…

Denver HUD homes are handled differently than other homes on the market. Your agent must be registered and approved to make bids with HUD on your behalf. Contact our team of experts to learn more: 303-726-1874

Our team has been dealing with Parker foreclosures for many, many years.  Never have we experienced such a lack of foreclosures on the market. This past month marks a 5 year low for the number of active foreclosures in Parker, and we don’t expect that trend to change in the near future.

This lack of bank owned inventory is hurting both the long time Parker fix and flip investors as well as the more traditional buyers looking for a house to call their home. With so few “distressed homes” to bid on, investors are being forced to compete with other types of buyers for other resale homes. These factors are adding to the current lack of inventory as well as the increasing prices.

The chart below shows the number of active Parker foreclosures for the past 5 years. While Parker homes in general have been harder to find than in the past, the noticeable decline in foreclosures is dramatic.

Parker Foreclosures for Sale:

Based on information from Metrolist®, Inc. for the period 2009 through 2014 Note: This representation is based in whole or in part on content supplied by Metrolist®, Inc. Metrolist®, Inc. does not guarantee nor is it in any way responsible for its accuracy. Content maintained by Metrolist®, Inc. may not reflect all real estate activity in the market.

We’re always helping buyers and sellers in the Powderhorn Littleton neighborhood. Over the past few months, we watched the inventory of available homes in that neighborhood hit record lows.

As you can see from the chart below, this past month recorded the lowest number of Powderhorn Littleton homes for sale in the past 5 years. While this incredibly low inventory is something we are seeing mirrored for almost all Littleton homes, Powderhorn is seeing a steep decline and buyers are struggling to find any available homes in the area.

If you are a current homeowner in this area, and have been thinking of selling, now is the best time we have seen in years. With little to no competition, your home will be poised to attract a high number of buyers. Call us today to learn how our marketing has generated selling prices in excess of $10,000 over list price for our past 3 sold Littleton homes: 303-726-1874.

Powderhorn Littleton Homes – Active Homes for Sale:

Based on information from Metrolist®, Inc. for the period 2009 through 2014 Note: This representation is based in whole or in part on content supplied by Metrolist®, Inc. Metrolist®, Inc. does not guarantee nor is it in any way responsible for its accuracy. Content maintained by Metrolist®, Inc. may not reflect all real estate activity in the market.

The market for Lakewood foreclosures has been red hot. With investors fighting over the few bank owned homes on the market, potential homebuyers have been struggling to find any foreclosures to even bid on. This past week, HUD gave these potential homebuyers a little help by listing 2 new foreclosures in Lakewood.

The first home is in the Calahan Lakewood neighborhood. This home has well over 2,300 finished square feet and sits on almost a quarter acre. Hardwood floors, an attached garage, newer windows and more make this home a great deal at just $192,900. The home is ideally located, just a short walk to Lasley Park.

Calahan Lakewood Homes:

HUD Owned Home 6800 West Iowa Avenue Lakewood 80232    $192,900.00

Beds: 2      Fin Sq Ft: 2385  Baths: 2     Year: 1956  Acres:0.19  # Of Photos Avail: 14 V-Tour Available:  No  MLS #: 8450841  Status: Active  Listing Office: Re/Max Professionals

Broker Remarks:  Great Opportunity For This 2 Bedroom, 2 Bath Home With A Partially Finished Basement That Includes An Additional 3 Bedro… More

The second Lakewood home offered by HUD is located in the Daniels Gardens neighborhood. This is a cozy 1 bedroom, 2 bath house is located just blocks from Colfax and within walking distance of several parks. Listed at only $170,000, this home is sure to draw at lot of attention.

Daniels Gardens Lakewood Homes:

HUD Owned Home 1290 Vivian Street Lakewood 80401    $170,000.00

Beds: 1      Fin Sq Ft: 1020  Baths: 2     Year: 1949  Acres:0.29  # Of Photos Avail: 16  V-Tour Available:  No  MLS #: 9201040  Status: Active  Listing Office: Metrowest Real Estate Solutions

Broker Remarks:  This 1 Bed/2 Bath Home In Lakewood Is A Great Opportunity For The First Time Buyer! A Little Updating Would Make This Co…More…

Remember, these HUD homes are only available to potential owner occupants (no investors at this time). If you are interested in learning more about these homes, the HUD buying process, or any other Lakewood homes, contact our team at 303-726-1874.

Every member of our team is licensed and approved to place bids on HUD homes (not all agents are). We help clients with HUD homes every day, so let our expertise help you!

We’re excited to announce our newest listing in the Green Valley Ranch neighborhood. The home will be available in the MLS on Monday, but if you would like to see it sooner, contact our team directly at 303-726-1874.

This two story home has 2 bedrooms + a large loft, an open main floor with a large kitchen, eating area and family room. The backyard has a large concrete patio and a low-maintenance yard. One of the few homes in this area with a two car garage, this model is in high demand!

Green valley ranch homes are in short supply and this is one of the most popular areas for Denver Homes. We expect to see many, many buyers the first day this home is entered in the MLS, so contact us to see it NOW!

18627 E. 45th Pl, Denver CO 

Green Valley Ranch

Beds: 2 + loft

Baths: 3

Square Feet: 1,432

Garage: 2 car

virtual tour: http://tours.rstimmelphoto.com/public/vtour/display/197493?a=1

Just southwest of the popular Main Street area of Parker sits the sought after Villages of Parker. This neighborhood offers convenient walking access to the shops and restaurants of the area and easy access to everything Parker has to offer. Homes are priced in the high $200’s to the mid $500’s and the quality and location of the neighborhood make it one of the most popular areas for buyers searching for Parker homes.

Yesterday, HUD made a Parker foreclosure available in this area, and it offers a tremendous opportunity for the right buyer. This large home has 2,500 finished square feet of space, 4 bedroom, 3 baths, and backs to open space!

While the home may need a little updating, it is ready to move in and there is are no major repairs required. As with all Denver HUD homes, this house is open for bidding for 10 full days before a winning bid will be picked. If you would like to see this home, or any of the other available homes in the Villages of Parker, give our team of HUD approved agents a call at 303-726-1874.

Parker Foreclosure:

HUD Owned Home 23085 Blackwolf Way Parker 80138    $270,000.00

Beds: 4      Fin Sq Ft: 2500  Baths: 3     Year: 1998  Acres:0.16  # Of Photos Avail: 13  V-Tour Available:  No  MLS #: 5374103  Status: Active  Listing Office: Era Herman Group

Broker Remarks:  Great Location, Nice Open Floor Plan, Backs To Open Space, Move In Condition. Great Potential. Hud Owned Property # 05… More..

There are several other available homes in the Villages of Parker, but the neighborhood is selling quickly. Roughly half of the homes on the market are already under contract, and we expect to see multiple offers on this HUD home. If you have interest, give us a call so we can educate you on the process for buying a Denver HUD home.

The Southglenn homes neighborhood is one of the most popular areas for buyers search for houses in Centennial. The recently developed “Streets at Southglenn” outdoor mall has revived the area and made it a great spot for a day of shopping or a night of entertainment.

This week, HUD listed a unit in the Southglenn Condos complex and it is a great value. This large unit boasts 2 bedrooms, 2 baths, tile entryway, pergo floors, walk-in closets and a large kitchen. All for just $106,000.

A reminder that Denver HUD homes have a different contract process than other homes on the market. Your agent needs to be registered and approved with HUD and bids are generally open for a 10 day bidding period. For more details, to see this home or to ask one of our HUD agents a question, give us a call at 303-726-184.

Southglenn Condos:

Lender Owned Home 2365 East Geddes Avenue Centennial 80122    $106,000.00

Beds: 2      Fin Sq Ft: 1083  Baths: 2     Year: 1975  # Of Photos Avail: 10 V-Tour Available:  No  MLS #: 2567581  Status: Active  Listing Office: Envision It Sold, Inc

Broker Remarks:  End Unit Condo In Southglenn Commons! 2nd/Top Floor. Tile Entry & Baths, Pergo Flooring In Living & Dining Rooms. Large … s

It’s that time of year again – and we are very excited!

The Highlands Ranch Farmers Market will begin on Saturday, May 4th. Every Saturday through October 26th, vendors will set up in the heart of Highlands Ranch to bring residents the freshest fruits, vegetables, breads and more!

Each week, the following farms will be among the vendors offering their finest:

• Domenico Farms
• Mumm Farms
• Forte-Orchards
• Galicia Farms
• Mazzottie Farms and Greenhouses
• Martindale Farms

Produce will be available as harvests allow, so check out the Colorado Crop Calendar here to see when your favorites will be in season.

The market will be open from 10:00 – 2:00 in Town Center South. (Town Center South is located just west of the Highlands Ranch Library and  north of the Town Center Condos and Brownstone Townhomes.)

The number of active listings in the Eastridge Highlands Ranch market continues to remain near record lows. With the exception of January of this year, the number of available homes in Eastridge has been less than four.

Any buyer looking for homes in Highlands Ranch is experiencing the record low inventory and record low numbers of homes on the market. We are seeing homes listed in the MLS that are receiving multiple bids within the first few hours. Many of these homes are selling for above asking price.

If you are one of the many buyers struggling to find a home in this crazy market, make sure you are set up on our daily email alerts so that you don’t miss any of the listings as they hit the market! You can contact one of our agents directly at 303-726-1874.

Eastridge Highlands Ranch Homes -Active Homes For Sale

Based on information from Metrolist®, Inc. for the period 2009 through 2014 Note: This representation is based in whole or in part on content supplied by Metrolist®, Inc. Metrolist®, Inc. does not guarantee nor is it in any way responsible for its accuracy. Content maintained by Metrolist®, Inc. may not reflect all real estate activity in the market.

We’re thrilled to announce that in one week, we will be listing a terrific, 3 bedroom, 3 1/2 bath home in the Ken Caryl Ranch homes area that backs to open space.

With the huge demand for homes in Littleton, we wanted to make all of you aware of this home before we submit it to the MLS. If you are interested in seeing it, contact our team at 303-726-1874 and we can try and show you the home before the general market sees it.

Here are the specifics:

7259 Mont Holy Cross, Littleton CO 80127

Price: $360,000

Beds: 3

Baths: 3.5

Description:

Two car garage. Main Floor family room, upgraded kitchen, upstairs loft area. Partially finished basement. Backs to great open space with amazing mountain views. New interior paint and carpet.

Photos: