The Brian Petrelli Team Blog

We have a few clients looking at Castle Rock Homes for Sale. As we prepared to submit an offer for them, we ran a report detailing the sold homes in the area for the past few months. In compiling that list, we also ran a city-wide search of sold homes for the past 2 months that we wanted to share here.

These numbers include all Castle Rock Homes for Sale, including Castle Rock foreclosures and Castle Rock short sales. If you would like a detailed neighborhood list for a certain area, or a report that spans 6+ month, give us a call at 303-726-1874.

Castle Rock Homes – Sold:

Based on information from Metrolist®, Inc. for the period November 17, 2012 through January 17, 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.

If you would like to discuss these numbers more, contact our team. Even a detailed chart like this can’t show al of the complexities of the market. We can run a report for you detailing specific types of home ( Castle Rock foreclosures, Castle Rock short sales, etc).

We continue to see positive numbers in all reports detailing the market for Denver Homes. the latest is a CoreLogic report detailing the numbers for November (the latest numbers available).

The report (detailed at the Denver Business Journal), shows that prices increased in November 2012 by 9.2% when compared with November of 2011. In addition, the prices for November show an increase in 0.3% from October.

These numbers include all homes sales, including “Denver Distressed Properties” (Denver foreclosures, Denver Short Sales). Not all reports from other sources do, so it is important that you compare “apples-to-apples” when looking at numbers.

More details from the Denver Business Jounal:

The streak continues for metro Denver home sale prices: 10 months in a row of year-over-year price increases through November, according to the CoreLogic Inc.’s home price index report Tuesday.

Those prices for the Denver-Aurora-Broomfield area (which does not include Boulder County) grew 9.2 percent in November 2012 compared to the same month a year earlier. Prices were up 0.3 percent from October, CoreLogic said.

The figures include all sales, including sales of “distressed” properties by a lender.

Without those distressed resales, prices still increased 7.7 percent in November compared to November 2011, and were up 0.5 percent from October.

Nationally, home prices rose by 7.4 percent in November 2012 from a year earlier, including distressed sales — the biggest increase since May 2006.

The total number of Denver Foreclosures has continued to drop as more banks streamline the process for Short Sale approvals.

As always, the numbers for different neighborhoods vary, so give our team a call and we can run an area specific report for you.

Since the first of the year, there have been very few Highlands Ranch foreclosures on the market. This listing on Collinsville marks the first HUD listed in Highlands Ranch this year.

Priced under $240,000 and with no other HUDs around, this home will sell quickly and will receive many bids prior to the January 21st deadline. If you are interested in seeing it, hurry and call us at 303-726-1874.

Homes in Highlands Ranch priced under 4250,000 are moving very quickly, so if you are in that market, make sure you get set up on our daily email alerts so you don’t miss the new listings when they hit the market.

Highlands Ranch Foreclosures:

HUD Owned Home 4810 e collinsville pl highlands ranch 80130 $236,000.00

Beds: 3 Fin Sq Ft: 1381 Baths: 2 Year: 1997 Acres:0.09 # of Photos Avail: 5 V-tour Available: No MLS #: 1153270 Status: Active Listing Office: elist realty, llc

Broker Remarks: hud home sold as-is by electronic bid only fha case #052-424337. bids for eligible bidders due on or before 01/21/13 @ 1… more…

The market for Highlands Ranch short sales and foreclosures is still red hot. Make sure you are working with a team that can help you wit every bank and is registered to bid on Denver HUD homes. You can reach our team of experts at 303-726-1874.

Our team will be listing a home in Broomfield in the coming days. as we were conducting our research, we pulled the latest market statistics on Broomfield homes for sale. There are some very interesting numbers in this report, and we wanted to highlight them here.

The most striking number in the report is the average days on market. Over the past 2 months, the average number od days a home needed to sell was 64. This is incredibly good news for sellers and shows a dramatic improvement over the past 12 months. Typically, a balanced market is one where average days on market is rough 6 months.

Please remember that numbers for individual neighborhoods vary. We would be happy to run a report for your specific neighborhood or an area you are considering purchaing in. Just give our team a call at 303-726-1874.

Also, these numbers include all Broomfield foreclosures and Broomfield short sales. If you would like a report including only one type of sale, let us know.

Sold Broomfield Homes 

Based on information from Metrolist®, Inc. for the period November 9, 2012through January 9, 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.

As with the entire metro Denver area, Broomfield Homes for sale are moving quickly. Make sure you are working with an agent that knows the area and can help you bid on all banks, Denver HUD homes and Short Sales.

At the risk of sounding like a broken record, we are posting a link to another set of incredibly strong market reports for Denver homes.

These reports, as detailed in the Denver Business Journal, show the continuing strength of the market for both Denver homes and Denver foreclosures. We are definitely in a Sellers’ market as inventory continues to decrease.

From The Denver Business Journal:

Two reports detailing the metro Denver single-family resale home market show it continues to improve year-over-year as the number of sales grew, average sales prices increased and the time it took to sell a house dropped more than a month.

The December report from Metrolist Inc., released Monday, shows there were 3,400 homes sold that month, an 8 percent drop from the number sold in November but an 8 percent increase in the number sold in December of 2011.

Average days on the market continued its year-over-year plunge as December’s 73-day average is 32 percent below the 107-day average posted a year earlier.

Metrolist officials said there’s only one way to describe the real estate situation here: a seller’s market.

As always, the numbers for individual neighborhoods vary, so give us a call at 303-726-1874 and we can research the area(s) you are interested in.

There are still some great deals on Denver foreclosures and Denver short sales, but you have to move fast. Make sure your agent is registered with HUD and can bid on all bank owned homes.

Over the weekend, HUD released a very large home in The Meadows Castle Rock homes neighborhood. This home has over 4,000 finished square feet, 5 bedrooms, 4 baths and a 3 car attached garage! One of few Castle Rock foreclosures, This is one of the larger HUD homes you will find and one of the best deals for anyone looking at Castle Rock homes for sale.

Adding further incentive, this home is also eligible for the $100 down payment program being offered on all Denver HUD homes. This allows anyone buying the home with an FHA mortgage to avoid the 3,5% down payment typically required.

We expect this home to receive many bids and sell quickly, so if you ar einterested in this home, give oiur team a call today at 303-726-1874. Bids for owner occupants are due by January 14th.

Castle Rock Foreclosures:

HUD Owned Home 3310 dawn glow way castle rock 80109 $385,000.00

Beds: 5 Fin Sq Ft: 4098 Baths: 4 Year: 2008 Acres:0.24 # of Photos Avail: 5 V-tour Available: Yes MLS #: 1151656 Status: Active Listing Office: the colorado real estate co.

Broker Remarks: hud owned, sold as is by electronic bid. 10 day sealed period ends 1/14@11:59pm cst; bids due daily thereafter. fha #052… more…

Even with the improving market, there are still some great deals available on Castle Rock short sales and foreclosures. Make sure you are dealing with an agent that is registered with HUD and can place bids with all of the banks. Don’t limit your choices!

Call us today at 303-726-1874.

There have been a few new listings for Arvada foreclosures since the first of the year, but this is the first home that caught our eye. This large (2,400 square feet) home is located in the Lamar Height homes area and is priced incredibly well at $185,000.

One of the few Arvada homes with a finished walk-out basement, this home also offers 4 bedrooms, 3 baths, a large backyard and an open kitchen. In addition, like all of the other Denver HUD homes on the market, this house is eligible for the $100 HUD down payment program being offered to buyers using and FHA mortgage.

At this price, we won’t be surprised if this home sell quickly, so if you are interested, give our team a call at 303-726-1874.

Arvada Foreclosures:

HUD Owned Home 6203 w 62nd ave arvada 80003 $185,000.00

Beds: 4 Fin Sq Ft: 2400 Baths: 3 Year: 1958 Acres:0.19 # of Photos Avail: 5 V-tour Available: Yes MLS #: 1151273 Status: Active Listing Office: house2home llc

Broker Remarks: this is a great property in arvada. open kitchen. finished walk-out basement. large backyard with shed. possible hardwoo… more…

The market for Arvada short sales and foreclosures is very competitive. If you are looking at homes, make sure that your agent is experienced with all of the banks and that they are registered to bid on HUD homes. If they can’t help you with HID listings, you are missing out on some of the best Arvada homes on the market.

Call us today for an up-to-date list if homes in the area you are interested in: 303-726-1874.

Several of our agents are working with clients looking at Broomfield homes for sale. We are always keeping our eyes open for good deals on foreclosures in the area. This week, while we were searching for Brandywine Broomfield homes, we came across a new HUD listing in the area.

This is a large, 2,000 square foot home with 3 bedrooms, 3 baths and wood floors. Like all Denver HUD homes, this listing qualifies for the $100 HUD down payment program for buyers using an FHA mortgage. If you are unfamiliar with the neighborhood, Brandywine is located just north of 120th between Sheridan and Lowell.

As with all Broomfield foreclosures, this home will not last long, so if you are interested in seeing it, call our team now at 303-726-1874.

Brandywine Broomfield Homes:

HUD Owned Home 4283 brandon ave broomfield 80020 $216,000.00

Beds: 3 Fin Sq Ft: 2000 Baths: 3 Year: 1997 Acres:0.10 # of Photos Avail: 5 V-tour Available: Yes MLS #: 1150315 Status: Active Listing Office: house2home llc

Broker Remarks: beautiful home ready for your touches. nice open floor plan. large master with full attached bath. back yard with deck a… more…

The market for Broomfield foreclosures and Broomfield short sales is tightening. With more buyers in the market than available properties, bidding wars are not uncommon. Make sure you are working with agents that can bid on HUD homes as well as all other banks (agents must be registered with HUD). Give our team of experts a call today at 303-726-1874.

Our team listed a home in southwest Littleton today. As we were preparing the listing, we pulled up the latest statistics for Littleton homes over the pat 30 days and thought it was worth sharing here.

These numbers reflect all sold single family Littleton homes for the past 30 days. these numbers include regular resales as well as Littleton foreclosures and Littleton short sales. If you would like more specific numbers for a certain area, give us a call at 303-726-1874 and we can run the numbers for you.

Sold Littleton Homes

 Based on information from Metrolist®, Inc. for the period December 2012 through January 2013Note: 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 numbers above show that most listing as welling for about 98% of list price in an average of 62 days. However, this can vary wildly between neighborhoods so if you are thinking of buying or selling, give us a call so se can give you the most up-to-date and accurate information available.

Our team is working with several buyers looking at Highlands Ranch homes as well as a few Sellers getting ready to put the Highlands Ranch home on the market. As we were working with these clients, we spent some time researching the latest sold statistics and wanted to share them with you here.

These stats are for the entire Highlands ranch area for the past month. If you would like a detailed list for a particular area, give us a call. When evaluating a home, we like to go back 6 moths for the entire neighborhood and look at sold, active and under contract homes. We obviously don’t have the space for that here, so give us a call at 303-726-1874.

Sold Highlands Ranch Homes

Use the following disclosure: “Based on information from Metrolist®, Inc. for the period November 30th 2012 through December 31, 2012 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

Please note that these numbers lump together regular sales, Highlands Ranch foreclosures and Highlands Ranch short sales. For details on each sub group, call us today at 303-726-1874.