The Brian Petrelli Team Blog

This Saturday, Donna Jarock on our team will be holding open this great 3 bedroom townhome in the Sunburst Aurora Townhome community from 1-3.

This great two story townhome has hardwood floors, a new main floor bathroom, an attached garage, fireplace and tiled floors in the kitchen. This is a townhome you have to check out. Threee bedrooms Aurora Townhomes priced under 4150,000 in this condition are hard to find!

If you can’t make the open house tomorrow, give our team a call at 303-726-1874 to set up a time to see the home for yourself.

Open House

Saturday, July 20 1 p.m. – 3 p.m.

16031 e radcliff pl aurora, CO 80015 $145,000.00

Beds: 3 Fin Sq Ft: 1270 Baths: 2 Year: 1980 # of Photos Avail: 14 V-tour Available: No MLS #: 1209395 Status: Active Listing Office: mb the brian petrelli team

Broker Remarks: we are ready to move*excuse our boxes*hardwood floors*new main floor bath*great attached patio which can be extended per… more…

Directions: From Parker Rd, East on Quincy to Memphis. Go South. First right up to Radcliff Pl. Home is on your left.

One of the most popular neighborhoods for buyers looking at Aurora Townhomes under $150,000 is the Louisiana Purchase Neighborhood. This great area is located in the center of Aurora, just north of Jewell with easy access to E-470, I-225, I-70 and more. The neighborhood offers two story townhomes with attached garages and is close to Buckley Air Force Base, High Plains Park and Side Creek Park.

Darcy Truppo on our team just put this great 2 bedroom home on the market in the neighborhood and we wanted to post it here for you to see. This great home has a 2 car attached garage, 3 bathrooms, 2 master bedrooms, newer paint and plenty of space. If you are interested in seeing it, call our team at 303-726-187 before it’s gone.

Louisiana Purchase Aurora Townhomes:

Aurora Townhomes and Condos are selling quickly. With Denver area condos appreciating at 13% a year and interest rates creeping up, if you are thinking of buyin a home, you need to get off the fence! Call our team today to talk about your options and the many different low down and grant mortgage programs available to you.

The market for Colorado Springs homes is hot! In fact, the average days on market for a home in the Colorado Springs area is lower than it has been since 2006 (62 days on market). The most desirable homes are selling in days – not months or weeks, and much of this is due to the incredibly low inventory of available homes (roughly half of what was on the market just 3 years ago).

The data comes from an article posted this week in the Colorado Springs Business Journal:

As of June 30, single-family homes spent an average of 62 days on the market, the lowest number since June 2006, when the Pikes Peak Association of Realtors started keeping records.

The total number of active listings is extremely low at 3,450, said Fred Crowley, associate director of the Southern Colorado Economic Forum. He compared that number with around 6,000 active listings in June 2010.

“The available homes for sale has decreased 40 percent over three years ago,” Crowley said. “These numbers are just mind-boggling.”

A total of 1,114 homes sold in May, an increase of 20.4 percent over the 925 homes sold in May 2012. The momentum continued in June as 1,104 homes sold, compared with 846 in June 2012, an increase of 30.5 percent, said Joe Clement of RE/MAX Properties.

From January through May of 2012, 3,420 homes sold, compared with 4,233 this year, an increase of 23.8 percent, according to figures from the PPAR.

These numbers are insanse and explain why buyers looking for Colorado Springs homes are having such a hard time.

Besides the standard resale market, the number of available Colorado Springs foreclosures has dropped sharply over the past year and is just increasing the difficulty buyers are having finding homes to buy.

If yo are in the market, make sure our team is aware of your needs so we can keep an eye out for the newest listings as the hit the market (or before). Give us a call at: 719-641-4209

Our team is excited to announce our latest listing in The Hearth Highlands Ranch neighborhood. This great home has nearly 3,200 finished square feet, 5 full bedrooms plus a loft, 4 bathes, an extended 3 car garage, huge deck with mountain views and more. THis home will not last at this price, so if you are interested in learning more about it, give our team a call at 303-726-1874 today.

The Hearth is on of the most popular areas for Highlands Ranch homes and is always in high demand. Currently, there are only 4 active homes in this neighborhood, and none can match this home’s price per square foot.

The Hearth Highlands Ranch Homes:

10545 wagon box cir highlands ranch 80130 $424,900.00

Beds: 5 Fin Sq Ft: 3187 Baths: 4 Year: 2004 Acres:0.15 # of Photos Avail: 14 V-tour Available: No MLS #: 1209125 Status: Active Listing Office: mb the brian petrelli team

Broker Remarks: 5 bedrooms plus massive loft 4 baths 3 car garage (extended garage fits excursions and extended suburbans) corner lot. t… more…

The market for Highlands Ranch homes is highly competitive. If you are looking, make sure our team knows about your needs so we can alert you of the newest listings the day they hit the market. In this market, the best homes rarely last more that 48 hours before they are under contract!

Jan Phillips on our team is getting ready to list this fantastic 3 bedroom, 3 bath home in the Ken Caryl Littleton area. The home has not been entered into the MLS yet, but the owners are allowing showings through our team. This is your chance to see a great listing in a highly sought after neighborhood before the general public has access to it.

Littleton homes – especially those priced under $350,000 – are moving fast, so don’t let this opportunity pass by!

Here are the basic details of this fantastic, remodeled home. to schedule a showing, call our team directly at 303-726-1874 today!

7248 Mt Holy Cross, Littleton, CO 80127

$315,000

3beds

2.5 baths

Features: Dining room, fireplace, main floor laundry. finished basement with rec room, all new paint, new tile in baths amd kitchen, new carpet, cherry wood floors 

For all of you that have been looking for The Meadows Castle Rock homes for sale, this is the opportunity you have been waiting for! HUD has just listed a 4 bedroom, 2 bath home with over 2,100 finished square feet. At just $240,000, this is a fantastic deal for a home that just needs appliances and a little TLC.

The Meadows in Castle Rock is one of the most popular neighborhoods in the area, and finding Castle Rock foreclosures in this neighborhood is rare. This home will be open for bids for the standard 10 day bidding period offered by HUD, but you need to be working with a HUD authorized bidder. Give one of our HUD experts a call today if you are interested in this home: 303-726-1874.

The Meadows Castle Rock Homes for Sale:

HUD Owned Home 3600 dinosaur st castle rock 80109 $240,000.00 est $

Beds: 4 Fin Sq Ft: 2112 Baths: 2 Year: 2008 Acres:0.09 # of Photos Avail: 10 V-tour Available: No MLS #: 1209191 Status: Active Listing Office: envision it sold, inc

Broker Remarks: rare ranch style home w/ full basement. inviting front porch. cherry cabinets & corian counters. needs appliances & mino… more… Click Here For Full Details & Pics Disclosures

THe market for Castle Rock foreclosures is highly competitive. If you are looking to buy one of these distressed properties, make sure we have you on our list so we can notify you the day a new listing hits the market. Multiple bids on these homes, especially HUD homes, are the rule rather than the exception. So talk with one of our HUD experts to learn how to give your bids a better chance for winning!

Castle Rock homes under $300,000 are in high demand, so don’t wait.

Debbie Ells on our team just listed a fantastic Aurora townhome in the Murphy Creek Aurora area. This great unit has over 1,200 square feet, 2 bedrooms, 2 baths, stainless steel appliances and backs to open space. Priced at just $172,000, this home will not stay on the market long, so if you’re interested in seeing it, give our team a call at 303-726-1874 today.

Murphy Creek Aurora Townhomes:

1885 s buchanan cir aurora, CO 80018 $172,000.00

Beds: 2 Fin Sq Ft: 1209 Baths: 3 Year: 2006 # of Photos Avail: 20 V-tour Available: No MLS #: 1209380 Status: Active Listing Office: mb the brian petrelli team

Broker Remarks:  priced to sell quickly!! don’t miss out! *like new*very clean* slab granite counters*stainless steel appliances*murphy creek golf course within walking distance, community pool, and tennis courts. excellent murphy creek property located near the golf course, backs to open space, with too many upgrades to mention!!! … more…

Murphy Creek Townhomes are located near the north east corner of Jewell and Gun Club rd just east of E-470. The convenient location to I-70, E-470 and I-225 make this complex a popular location for people with a wide range of commute needs. It’s easy access to the airport, proximity to Cherry Creek Reservoir and the other great area activities make Murphy Creek on of the top requested areas for Aurora Townhomes.

If you have more questions about the area, schools, recreation activities or anything particular about this great home, give our team a call today!

Our team is preparing our showing lists for this upcoming weekend, and there are several Denver HUD homes our clients are considering. We wanted to make sure we mentioned the best bets here as you are planning for the weekend.

Please remember, in order to bid on Denver HUD homes, your agent must be registered and approved with HUD. If they are not, you are not going to be allowed to place bids on any of the HUD homes on the market. Make sure you are working with one of our HUD experts. Give us a call at 303-726-1874.

Almost all HUD homes have a 10 day period that the home is on the market and accepting bids. At the end of these 10 days, HUD determines the “best” bid and awards it to that buyer. We are seeing many HUD homes go for above list price, so we will research the area and help you make the strongest bid.

Single Family HUD Under $100,000! Bids are open through July 20:

HUD Owned Home 1200 s tennyson st denver 80219 $98,000.00

Beds: 2 Fin Sq Ft: 728 Baths: 1 Year: 1954 Acres: # of Photos Avail: 24 V-tour Available: Yes MLS #: 1207946 Status: Active Listing Office: coldwell banker residential 24

Broker Remarks: hud owned*sold as is*2 bedroom/1 bath ranch*large mature yard*attached 1 car garage*refer to www.hudhomestore.com or www… more…

Great home with over 2,500 sqft in the Hutchinson Hills Denver neighborhood. Two more days to bid on this one:

THis home is a great opportunity in Chaffee Park Denver. Less than a week left to get bids in on this large, 3 bedroom home.

HUD Owned Home 1599 w berkeley pl denver 80221 $115,000.00

Beds: 3 Fin Sq Ft: 1050 Baths: 1 Year: 1954 Acres: # of Photos Avail: 10 V-tour Available: No MLS #: 1207853 Status: Active Listing Office: metrowest real estate solut…

Broker Remarks: ready set go! check this price out. 3 beds and 1 bath! great corner lot with great access to downtown denver! case #052-… more…

We have continued to report here on the overall decline in available Denver homes for sale and the latest report from RealtyTrac may explain one of the key factors: Colorado Foreclosures are down an amazing 47% for the first half of 2013 when compared to 2012. The month over month comparison is even more impressive with the month of just showing a 64% drop off compared to June of last year.

While the numbers nationally have been improving, the national drop off for foreclosures is only 23%, meaning that Colorado is seeing twice the improvement that other states are seeing.

From The Denver Business Journal:

The number of foreclosure filings in Colorado from January through June is down nearly 50 percent from the same period of 2012, and the state has dropped to 17th in the nation in terms of filings, according to RealtyTrac Inc.

Colorado had 11,238 properties with foreclosure filings in the first half of this year, down 47.8 percent from the same period a year earlier. That equated to one filing for every 196 household units, said RealtyTrac, an Irvine, Calif.-based private marketer of foreclosure properties.

For the month of June, Colorado’s foreclosure filings fell 64 percent from June 2012 to 1,309 filings, or one filing for every 1,679 household units.

If you are an investor, you are all too aware of the lack of available properties for fix and flips and buy and holds. The competition for these tyoe of homes is fierce and you need to be working with a team of experts to find the right homes and make fast, aggressive bids. Give us a call today to learn how our team of experts can help you thrive in this highly competitive market for Colorado Foreclosures.

Our team has just listed a great 3 bedroom home in the highly sought after Walnut Grove Westminster neighborhood. This area is one of the most popular areas for buyers looking at Westminster homes and with nearly 1,700 square feet for under $280,000, we expect this home to sell fast.

This grea area is located just north of Standley Lake west of Highway 36. Homes in the neighborhood range in price from the mid $200’s to the high $300’s and this home has one of the largest lots in the Walnut Grove area.

With wood floors, formal dining room, a large backyard and deck and more, you’re going to want to make sure you see this home soon. Give one of our agents a call at 303-726-1874 to schedule your private showing.

Walnut Grove Westminster:

9805 w 106th ave westminster 80021 $279,000.00

Beds: 3 Fin Sq Ft: 1688 Baths: 3 Year: 2001 Acres: # of Photos Avail: 17 V-tour Available: No MLS #: 1207337 Status: Active Listing Office: mb the brian petrelli team

Broker Remarks: this nice home is on one of the largest lots in walnut grove that features a large yard and deck.you’ll love the open an… more…

The market for Westminster homes is hot and homes under $300,000 in the area are selling fast. Make sure we are aware of your needs so we can notify you of the newest listings we have before they hit the market. And don’t forget to sign up for our daily email alerts to be notified of everything on the market as soon as it is listed.