The Brian Petrelli Team Blog

Aurora condos under $100,000 are always in high demand and our team is proud to announce our latest listing on this 2 bedroom unit near De Laney Farm Park. This remodeled unit has new paint, new carpet, and is in perfect shape. Just 3 blocks from I-225, this home has convenient access to DTC, downtown Denver and DIA.

Typically, Aurora condos in this price range are Aurora foreclosures, but this unit is ready to move now. Quick possession is available so call us today to see it before it is gone: 303-726-1874

Aurora Condos:

16001 e alaska pl aurora, CO 80017 $96,000.00

Beds: 2 Fin Sq Ft: 913 Baths: 1 Year: 1983 # of Photos Avail: 5 V-tour Available: Yes MLS #: 1127466 Listing Office: mb the brian petrelli team

Broker Remarks: remodeled 2 bedroom condo, tile flooring, new carpet, new paint, rock fireplace. convenient closein aurora location, in… more…

Our team can help you with any of the available Aurora homes for sale. Give us a call and we can discuss Aurora foreclosures, Aurora short sales or any of the other options that match your needs. You can reach us at 303-726-1874.

The Highlands Centennial is one of the most popular neighborhoods for buyers looking for Centennial homes for sale. We receive calls on the neighborhood several times a week and the homes that do become available typically sell quickly.

This week, Diane Nazminia on our team listed this gorgeous two story home in The Highlands. This home has 3 bedrooms, 3 baths, vaulted ceilings, a landscaped backyard with a flowing stream, large deck and so much more. Pictures will be available soon, but you can see this home today by calling our team at 303-726-1874.

The Highlands Centennial:

3175 e phillips dr centennial 80122 $329,900.00

Beds: 3 Fin Sq Ft: 2648 Baths: 3 Year: 1981 Acres:0.21 # of Photos Avail: 1 V-tour Available: No MLS #: 1127341 Listing Office: mb the brian petrelli team

Broker Remarks: gorgeous two story contemporary with a country flare offering 3 bedroom and 3 baths.located in the convenient and sought… more… Click Here For Full Details &

Many of our team members live in and around the Centennial area. We can help you with any of the available Centennial homes for sale, including Centennial foreclosures and Centennial short sales. Give our team a call at 303-726-1874 today and let us help you find the rihgt home for you.

Our team is excited to announce our newest listing in Cambridge in the Foothills. This is one of the most popular complexes for buyers looking at Littleton condos. The neighborhood has amazing views, easy access to the mountains, c-470 and more and the units themselves are gorgeous.

This neest listing is presented by Diane Nazminia on our team. This penthouse unit boasts amazing mountain views, designer touches, vaulted ceilings and a one car garage. With nearly 1,300 square feet, this two bedroom, two bath home is a bargain at $137,900! 

If you would like to see this, or any other available Littleton condos, give our team a call at 303-726-1874. The best homes are moving very, very fast.

Cambridge in the Foothills:

12118 w dorado pl littleton, CO 80127 $137,900.00

Beds: 2 Fin Sq Ft: 1271 Baths: 2 Year: 2000 # of Photos Avail: 5 V-tour Available: Yes MLS #: 1126497 Listing Office: mb the brian petrelli team

Broker Remarks: gorgeous penthouse with mountain views and open floorplan,vaulted ceilings thruout, 2 bedroom/ 2 full bath, designer pa… more…

The market for Littleton condos is moving very quickly. With the $100 down payment program being offers on all Denver HUD homes as well as the depressed inventory of Littleton foreclosures, you need to make sure you are working with a responsive, knowledgeable, full time agent. Give our team a call today to get started: 303-726-1874.

Some more good news today documented in the Denver Business Journal for Denver Luxury Homes. According to a report released today from Kentwood Real Estate, the number of Denver Luxury Homes sold almost 20 percent year to date through August.

This is in line with the numbers we have been posting here for almost a year now. While the luxury home market in the Denver area typically lags behind median priced homes, we have still been seeing a significant increase in the number of luxury homes being sold.

From The Denver Business Journal:

The number of luxury homes sold in the metro Denver market soared almost 20 percent year-to-date through August compared to the same period last year, according to a report released Wednesday by Kentwood Real Estate.

There were 325 transactions, totalling $492.1 million, of homes with price tags of more than $1 million through August – a healthy 19 percent gain over the same eight months 2011, the report states.

There were 45 sales of luxury properties, including single family homes and condos, in August totalling $63.46 million, a slight month-over-month decrease from the 46 sold in July 2012 but a whopping 61 percent increase from the 28 sold in August 2011.

The most expensive property sold was for $7.5 million, the report states.

Average number of days on the market year-to-date dropped 7.7 percent year-over-year, from 222 in 2011 to 205 days this year.

We will continue to post the latest market reports for Denver Luxury Homes sales here, but if you would like a detailed report for a specific area or neighborhood, call our team of experts at 303-726-1874.

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Some good news for buyers looking for Littleton foreclosures. While it has been nearly 50 days since HUD released a new listing for Littleton condos or townhomes, yesterday, a HUD home was listed in the Falling Water Townhomes community.

This is an amazing deal. A ranch unit on the main floor with no stairs, this is one of few Littleton Townhomes with a two car garage – all for $115,000! This unit is available for bidding until September 13th and we expect to see multiple bids, so if you are interested, call us today so you can see it first: 303-726-1874.

Littleton Townhomes:

HUD Owned Home 7462 s quail cir-412 littleton 80127 $115,000.00

Beds: 2 Fin Sq Ft: 1307 Baths: 2 Year: 2001 # of Photos Avail: 5 V-tour Available: Yes MLS #: 1126067 Listing Office: alpine real estate

Broker Remarks: this home may qualify for the $100 down payment program ask your agent for details. falling waters, ken caryl and simms … more…

As with all Denver HUD homes, this unit is available to buy with the HUD $100 down program. Call our experts for more details at 303-726-1874.

We can help you with any of the available Littleton townhomes and condos on the market. there are some great deals on Littleton foreclosures and Littleton short sales, but you have to move quickly and work with an agent that has experience winning bids. Call us today at 303-726-1874.

Some more fantastic news was released today regarding sales and prices for Denver homes! According to the latest report from CoreLogic, their Home price Index (HPI) for the Denver metro area grew 8.4% in July compared to July of 2011!

THis number includes all homes, including Denver distressed properties (Denver foreclosures and Denver short sales) and is over twice what was reported for the increase in the national HPI.

From the Denver Business Journal:

The Denver real estate market continues to ride a wave of recovery as evidenced by gains in home sale prices, according to the CoreLogic Inc. home price index (HPI) report released Tuesday.

The HPI in the Denver-Aurora-Broomfield area, including distressed sales, grew 8.4 percent in July from the same month in 2011, the report states. That’s the sixth month in row that market’s HPI has grown year-over year.

That’s also a 1.8 percent increase from June’s revised HPI of 6.6 percent, according to CoreLogic. The company often revises prior month’s HPI as public records data is updated.

Nationally, the HPI grew 3.8 percent in July from the July 2011 index. CoreLogic noted that was the biggest year-over-year increase since August 2006.

While the fact that prices increased was not a surprise to us, the amount of the increase was. 8.4% over a year is not a small figure and when compared to the national figures, this is a very positive sign.

Even more encouraging is that these numbers factor in the Denver foreclosures and Denver short sales that have tended to weigh down some past reports.

If you would like more information on this report or would like to speak with our team about Denver homes in general, give us a call at 303-726-1874.

The positive price trend for Denver homes continues today with Case-Shiller releasing its latest Home Prices Index. The latest report shows a 4% increase in Denver homes prices for June of this year when compared to June of 2011. It also shows a month-over-month increase of 2% from from May of 2012.

If you have been reading our blog, then this news won’t be a surprise for you. Reports like this have been coming out for nearly a year and every indication has shows a slow, steady increase in prices of Denver homes. Keep in mind that these numbers include Denver foreclosures and Denver HUD homes. Many reports in the past have not included these distressed properties and have artificially inflated prices – this report does not remove those traditional lower numbers.

In addition to the positive uptick in sales, Denver is also #4 in the entire nation for price increases. From the Denevr Business Journal:

For the sixth straight month, metro Denver posted a year-over-year increase in home prices in June, at a pace that eclipsed all but three of the nation’s 20 largest markets, according to the latest S&P/Case-Shiller Home Prices Index, released Tuesday

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The only major markets with greater gains in the year ending in June were Phoenix (up 13.9 percent), Minneapolis (up 5.7 percent) and Miami (up 4.4 percent).

There is still time to find good deals on Denver foreclosures and Denver short sales, but the windo wis closing. If you would like to speak with one of our experts, give us a call at 303-726-1874.

The Seven Hills Aurora neighborhood is located just east of Tower Rd, north of Hampden. With it’s proximity to Cherry Creek State Park, I-225 and E-470, it is a popular location for buyers considering Aurora homes. This week, HUD released a new listing in the neighborhood bringing HUD’s total number of Aurora foreclosures to just 10.

That’s correct, far from the huge inventory of  available Aurora foreclosures we grew used to seeing just a year ago, right now, HUD has only 10 aurora foreclosures on the market. And those that are listed, are moving quickly.

This listing is over 1,400 square feet, has an attached 1 car garage and is eligible for the $100 HUD down payment program.

Aurora Foreclosures:

HUD Owned Home 19514 e amherst dr aurora 80013 $120,000.00

Beds: 2 Fin Sq Ft: 1409 Baths: 2 Year: 1985 Acres:0.10 # of Photos Avail: 5 V-tour Available: No MLS #: 1123608 Listing Office: elist realty, llc

Broker Remarks: hud home sold as-is by electronic bid only fha case #052-432292. bids for eligible bidders due on or before 09/03/12 @ … more…

The $100 down HUD program that is available on all Denver HUD homes is an amazing deal. If you are considering buying a HUD home as your primary residence, give our team a call and we can explain the program to you in detail: 303-726-1874.

Several of our team members live in and around Aurora and can help you with any questions you may have on Aurora homes, Aurora foreclosures or Aurora short sales. Just call us and ask: 303-726-1874.

Inventory is low…incredibly low. For our clients looking at Lakewood homes fore sale, they are painfully aware of the lack of available Lakewood foreclosures in the area. In fact, HUD has only 3 listings in the entire city and only one is larger than 2,000 square feet.

The one HUD listing larger than 2,000 square feet that is available in Lakewood is located just north of 6th Ave off of Kipling in the Lakewood Heights Neighborhood. The home is a brick ranch with 3 bedrooms, 2 baths and a 2 car garage. This home has a lot of potential with a little effort.

Bids for this home are being accepted through August 30th, so if you’d like to see it, or any of the available Denver HUD homes, call us at 303-726-1874 today.

Lakewood Foreclosures:

HUD Owned Home 9630 w 13th ave lakewood 80215 $162,000.00

Beds: 3 Fin Sq Ft: 2423 Baths: 2 Year: 1959 Acres: # of Photos Avail: 5 V-tour Available: No MLS #: 1122197 Listing Office: coldwell banker residential 24

Broker Remarks: spacious brick ranch located on huge corner lot with large kitchen, spacious bedrooms and 2 car garage. near new light r… more…

This home, like all Denver HUD homes, is available to purchase with the $100 Down program currently being offered to owner occupants on all HUD homes. For more details on this program, call our team at 303-726-1874.

Our team is continually looking for the best deals on Highlands Ranch foreclosures for our clients. Every morning we search out any new listings and research them so we can educate our buyers looking in the area.

Currently, the inventory on these Highlands Ranch foreclosures is low. in fact, HUD has only 2 listings in the entire Highlands Ranch area; one condo and one single family.

The single family home is located in the Westridge Highlands Ranch homes area between Broadway and Highlands ranch Pkwy. This home has 4 beds, 3 baths and over 2,300 square feet. The home is in good shape but does need some cosmetic work. If you would like to see the home, give us a call at 303-726-1874.

Highlands Ranch Homes:

HUD Owned Home 869 sage sparrow cir highlands ranch 80129 $316,000.00 est $

Beds: 4 Fin Sq Ft: 2323 Baths: 3 Year: 1996 Acres:0.24 # of Photos Avail: 5 V-tour Available: No MLS #: 1120943 Listing Office: diamond realty alliance

Broker Remarks: wow, what a deal! huge two story home w/ 3 car garage, formal living/dining, vaulted ceilings, master suite, and partial… more…

The other HUD home available in Highlands Ranch is in the Carlyle Park Townhomes complex just west of Lucent off of Highlands ranch PKWY. this unit has 2 bedrooms, an attached garage and is priced at an incredible $140,000!

Highlands Ranch Condos:

HUD Owned Home 1417 carlyle park cir highlands ranch 80129 $140,000.00 est $

Beds: 2 Fin Sq Ft: 949 Baths: 2 Year: 1999 # of Photos Avail: 5 V-tour Available: Yes MLS #: 1119167 Listing Office: re/max professionals

Broker Remarks: this property may be eligible for the fha $100 down payment program. ask your agent for details. this 2 bed/2bath townho… more…

If you would like to talk to one of our experts about these home, call us at 303-726-1874. Our office is minutes from both of these homes and we can show them, or any other Highlands Ranch Homes or Denver HUD homes, to you today.