The Brian Petrelli Team Blog

Located east of I-25 and just south of 100th Ave, Harvest Ridge Thornton is a popular area in the north metro community. HUD has just listed a great deal on a three bedroom home in this neighborhood and it’s worth discussing here.

Priced at well under $200,000, this is a rare opportunity on a Thornton Foreclosure. With three bedrooms, 2 baths and nearly a quarter acre lot on a cul-de-sac this 1,372 square foot home is going to attract a lot of attention from first time homebuyers.

We’ve seen very few opportunities for Thornton homes priced below $200,000 and this home offers a great opportunity for a buyer willing to put in a little work. If you’re interested in learning more about this home or would like the detailed HUD inspection reports, give us a call and one of our HUD approved agents can help you out.

Harvest Ridge Thornton:

HUD Owned Home 2207 e 97th cir thornton 80229 $184,000.00

Beds: 3      Fin Sq Ft: 1372 Baths: 2     Year: 1997 Acres:0.20 # of Photos Avail: 20 V-tour Available:  No MLS #: 1240805 Status: Active Listing Office: keller williams dtc

Broker Remarks:  huge lot!*quiet cul-de-sac*great room*front room can be formal living or dinning area*master suite with walk-in closet*c… more…

HUD homes in Denver are bid on differently than any other foreclosure or hoe for sale. Placing a bid requires using an agent registered and approved by HUD. Our team can help you through this process. For more information, give us a call at 303-726-1874.

Finding Highlands Ranch Townhomes for sale has been very difficult over the past 9 months. Even more difficult is finding a unti that is listed as a Highlands ranch foreclosure. This week, HUD released a fantastic find for anyone looking at townhomes in the area and we wanted to make sure and bring attention to it here.

Located in the highly popular Carlyle Park Townhomes neighborhood, this is a two bedroom, two bath carriage house style townhome with an attached 1 car garage and a covered balcony. This units rarely come up and its even more rare when they are a foreclosure opportunity.

This home has 6 more days under the guidelines for bidding on Denver HUD homes, so if you would like more information on this home, call us soon. We can explain the entire process to you and help you make an informed bid.

Highlands Ranch Foreclosures:

HUD Owned Home 9453 carlyle park plhighlands ranch 80129 $168,000.00

Beds: 2      Fin Sq Ft: 999 Baths: 2     Year: 1999 # of Photos Avail: 10 V-tour Available:  No MLS #: 1239723 Status: Active Listing Office: envision it sold, inc

Broker Remarks:  spacious townhouse, hardwood floors in kitchen, fireplace, vaulted ceilings, balcony, attached 1 car garage, double sink… more…

Carlyle Park is located on the south west corner of Lucent and Highlands ranch Pkwy. It is within walking distance of many shops and is close to the Highlands Ranch Library and several parks. This complex has it’s own pool and clubhouse and also allows access to all of the Highlands ranch Community Rec Centers.

There is only one HUD home listed by Littleton currently on the market. Located in the popular Williamsburg Littleton neighborhood, this is a great opportunity for anyone considering a Littleton foreclosure.

The home boasts 1,600 finished square feet (plus an addition not listed in the square footage), three bedrooms, two baths and a good sized backyard. Priced at just $90,000, tith a little work and TLC this home could be a great opportunity!

Littleton homes in this area offer great access to nearby shopping, c-470, Chatfield State Park and several smaller parks within walking distance. Southwest Littleton is a fantastic are to call home and listings in this prcie range move quickly, so contact us today if you would like to take a look at this rare find.

Littleton Foreclosures:

HUD Owned Home 8066 s flower stlittleton 80128 $190,000.00

Beds: 3      Fin Sq Ft: 1600 Baths: 2     Year: 1981 Acres:0.16 # of Photos Avail: 9 V-tour Available:  No MLS #: 1239765 Status: Active Listing Office: savannah heights realty llc

Broker Remarks:  new hud listing that just came on the market. this home is in an amazing area close to the foothills, kipling and c470 a… more…

As with all Denver HUD homes, this home will be offered for 10 days under open bidding. Owner occupants can place bids through qualified HUD agents during that time and the “best” bid will be selected on the 11th day. For a full description of the bidding process for HUD homes, contact one of our agents today.

Our team is excited to announce a new listing that will be hitting the market this weekend in the Columbine Hills Littleton neighborhood. This home is a gorgeous, 4 bedroom ranch with a finished basement. The home has new carpet, new paint, tile floors in the kitchen in baths, an oversized one car garage and a meticulously maintained, large backyard!

Located in the heart of southwest Littleton just north of Chatfield Reservoir and walking distance to South Platte Park, this home is ideally located to offer easy access to C-470, the foothills and so much more.

The home is scheduled to have a new roof installed this month so all that is left for you to do is move in!

Check out the photos and virtual tours of the home and then call our team to schedule a showing before it is listed in the MLS: 303-726-1874

Some more good news for the Colorado housing market was released this week with details on Colorado foreclosures. According to the latest report from the Colorado Division of Housing, year-over-year foreclosure sales for metro counties in August of 2013 were down 59.7% when compared to August of 2012.

The complete report can be seen here, and details the difference between foreclosure filings and sales and provides charts detailing the incredibly low number of foreclosures compared to years past. a key bit:

During August 2013, foreclosure filings were down, year over year, and foreclosure filings were also down and remained near 7-year lows. Foreclosure sales at auction also remained near 7-year lows.

August 2013 foreclosure filings were down 54.7 percent from August 2012, dropping from 2,287 to 1,037, year over year.

August 2013 foreclosure sales (completed foreclosures) were down compared to August 2012 with a decrease of 59.7 percent, dropping from 1,341 to 541, year over year.

For the first eight months of the year combined, foreclosure filings were down 46.7 percent in 2013 compared to the same period last year. There were 17,197 foreclosure filings during the eight months of 2012 and 9,171 during the same period this year.

Foreclosure auction sales were down 35.0 percent comparing the first eight months of 2013 to the same period last year. There were 8,541 foreclosure sales during the first fivemonths of last year and 5,553 during the same period this year.

These numbers correspond to the numbers we have been seeing in other sources for Denver foreclosures over the past several months. Again, as we are fond of saying, sales for each neighborhood can be different.

For a detailed list on foreclosures for your area, contact us today. There are still some areas that are underwater providing opportunities for buyers looking for Denver short sales as well.

Our team is excited to announce our newest listing in the Club Crest Arvada neighborhood. Locates a block from Standley Lake, this great home is walking distance to several parks, ponds and provides easy access to I-25.

Inside, you’ll find a great two bedroom home (converted from a 3 bedroom to create a large master bedroom) with well over 1,200 finished square feet, a garage with a workshop (including 220 volt outlets) a fireplace and much more. The back yard has an expansive covered patio and a dog run. Priced right at just $220,000, we expect this home to receive lots of activity.

Club Crest Arvada Homes:

If you would like more information on this, or any other Arvada homes, contact us today at 303-726-1874. We have agents in the area that can show you any of the available homes today.

We’re excited to announce our newest listing in the Thornton Valley homes neighborhood. This great 5 bedroom, ranch home has a finished basement, plenty of updates, large kitchen and a room addition.

Located about a mile east of I-25, Thornton Valley offers a great location for buyers considering Thornton homes and is a popular location for first time buyers.

Homes in this price range have been moving incredibly fast, so if you are interested in learning more about this fantastic home or would like to see it, give our team a call at 303-726-1874 today.

Thornton Valley Homes:

3530 e 90th plthornton, CO 80229 Thornton valley $180,000.00

Beds: 5      Fin Sq Ft: 2080 Baths: 2     Year: 1964 # of Photos Avail: 19 V-tour Available:  No MLS #: 1237804 Status: Active Listing Office: mb the brian petrelli team

Broker Remarks:        unique home with lots of add-ons & updates! customized large kitchen! finished basement plus room addition gives lots of living area for any home in this price range! beautiful home & garden yard for relaxing/entertaining area!large … more…

The market for Thornton homes has slowed a little, but homes are still taking less than 60 days (on average) to sell, so if you are thinking of buying, make sure you’re working with an experienced agent that can hlp you find the best homes quickly. Contact us today.

There are 8 Parker foreclosures on the market right now, but only one of those homes is a HUD home. This home had been previously placed under contract, but is now back on the market and accepting bids on a daily basis. With the relatively few number of available Parker homes on the market, we expect this home to move fast, especially since it qualifies for all of the HUD incentives.

Located in the Country Meadows Parker neighborhood, this home has nearly 1,896 finished square feet, 4 bedrooms and 3 baths. Priced at just $230,000, the home is priced very well for a home in Country Meadows, so if you are interested, don’t wait. Call our team today to take a look.

Country Meadows Parker Homes:

HUD Owned Home 12558 country meadows drparker 80134  $230,000.00

Beds: 4 Fin Sq Ft: 1896 Baths: 3 Year: 1986 Acres:0.14 # of Photos Avail: 15 V-tour Available: No MLS #: 1225970 Status: Active Listing Office: elist realty llc

Broker Remarks: ***back on market*** hud home sold as-is by electronic bid only fha case #052-630205. bids for eligible bidders due dail… more…

HUD homes in Denver are becoming harder and harder to find. In fact, right now there are only 31 available single family HUD homes in the Denver metro area. If you want to make a successful bid on a HUD home, make sure you’re working with one of our experienced HUD agents. Call us at 303-726-1874 today.

In the entire Denver Metro market, there are only 33 available Denver HUD homes. That number is staggering when you compare it to the number for HUD foreclosures that were available at this time last year. This low inventory means that when a new HUD listing hits the market, the competition is tight and we want to make sure that our clients have the best chance of winning the bid.

The latest HUD to hit the market is this Aurora foreclosure in the Aurora Hills neighborhood. This 3 bedroom, 2 bath ranch home has 1,440 finished square feet, a fenced backyard and a covered carport. Bids for owner occupants are due by October 12 and investor bids are not being accepted until November 1st.

If you would like more information on making a bid on this, or any of the other Aurora foreclosures, give our team a call at 303-726-1874.

Aurora Hills Homes:

HUD Owned Home 366 s revere staurora 80012  $153,000.00

Beds: 3 Fin Sq Ft: 1440 Baths: 2 Year: 1964 Acres: # of Photos Avail: 5 V-tour Available: No MLS #: 1236842 Status: Active Listing Office: mb cliff johnson realty

Broker Remarks: ranch style, 3bed/2 bath, fenced backyard, central a/c, basement w/sm kitchen area, hud sold as-is. buyer to verify all … more…

The inventory for all available Aurora homes is low. If you are in the market, make sure our team knows so we can set you up on daily alerts of the newest listings. Give us a call today.

The market for Castle Rock homes continues to be hot. We’re still seeing the median number for days on market well under a month and homes are selling for over 97% of their list price.

Prices in Castle Rock continue to be higher than the Metro Denver area at large with a median sales price of $325,000 and an average sales price of $404,717. As a consistent metric, we prefer to use the median, rather than the average, sales prices, because outliers can significantly influence the average price. The numbers below give a perfect example. With a low of $40,000 and a high of $2,800,000, the average calculations can be swung by just a few sales.

These statistics represent the sales of all single family Castle Rock homes for the past 6 months, including Castle Rock foreclosures and Castle Rock short Sales. If you would like a detailed report for a specific neighborhood, give our team a call at 303-726-1874.

Sold Castle Rock Homes:

Based on information from Metrolist®, Inc. for the period May 2013 through October 2013 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.