The Brian Petrelli Team Blog

High Prairie Farms homes are always a pleasure to show and we love taking time with our clients to see each and every one of these gorgeous houses. However, the newest listing Debbie Ells on our time has is a truly unique home.

This beautiful custom ranch home sits on 2.9 acres has an amazing view of the mountains, has all of the upgrades you would expect, but also has a 3 car attached garage and a 9 car detached garage! These over sized garages are perfect for a car collector or RV owner.

High Prairie Farms homes are always in demand as one of the premier Parker Luxury homes communities. We expect this home to move quickly, so if you would like to schedule a private viewing, give our team a call at 303-726-1874.

High Prairie Farms Homes:

5494 singletree ln parker, CO 80134 High prairie farms $849,000.00

Beds: 2 Fin Sq Ft: 5598 Baths: 5 Year: 1999 # of Photos Avail: 5 V-tour Available: Yes MLS #: 1121652 Listing Office: mb the brian petrelli team

Broker Remarks: georgous high prairie farms custom ranch home. 2.9 acres. 12 car garage!! 3 car attached garage plus huge detached ga… more…

Many of our team members live in and around the Parker area and are very knowledgeable on all of the Parker homes for sale. If you would like to speak with one of them, give us a call at 303-726-1874.

Bradbury Ranch homes for sale continue to be one of the most popular areas for our clients looking at Parker homes. This neighborhood is ideally located between Jordan Rd and Chambers, just south of Lincoln. With easy access to I-25 and E-470, as well as central access to all that Parker has to offer, homes in this neighborhood sell quickly.

Debbie Ells on our team just listed a move-in ready, beautiful 3 bedroom, 3 bath home ins Bradbury Ranch. This home has new paint inside and out, new counter tops and is located on a cul-de-sac.

This home is going to sell quickly, so if you would like to see it, give us a call at 303-726-1874 today and one of our agents will meet you at the home otday.

Bradbury Ranch Homes for Sale:

10973 osprey ct parker 80134 $226,000.00

Beds: 3 Fin Sq Ft: 1218 Baths: 3 Year: 1998 Acres:0.13 # of Photos Avail: 1 V-tour Available: Yes MLS #: 1121711 Listing Office: mb the brian petrelli team

Broker Remarks: move in ready! beautiful 2 story in bradbury ranch! huge lot with vegie garden! new interior/exterior paint, new count… more…

There are some terrific deals on Parker homes and Parker foreclosures. If you’d like a complete list of foreclosures and Parker short sales, give our team a call and we can find the perfect home for you: 303-726-1874.

Debbie Ells on our team just listed this amazing remodeled home in Englewood. If you, or someone you know, is looking at Englewood homes for sale, make sure you check this gorgeous bungalow out.

This 3 bedroom beauty has all new granite, stainless steel appliances, wood floors, paint, carpet and so much more. The virtual tours will be up soon, but by them it may already be too late. If you’d like to see it, give us a call at 303-26-1874 today.

Englewood Homes for Sale:

3040 s cherokee st englewood, CO 80110 $209,999.00

Beds: 3 Fin Sq Ft: 1080 Baths: 1 Year: 1927 # of Photos Avail: 5 V-tour Available: No MLS #: 1120833 Listing Office: mb the brian petrelli team

Broker Remarks: amazing remodeled bungalow! all new stainless steel appliances, granite, tile flooring, wood floors, shower/bath back sp… more…

There are some grea deals on Englewood foreclosures and Englewood short sales, but many of the best deals are found in remodels like this one. All of the work is done for you and the home is absolutely move in ready.

If you’d like to talk to our team of Englewood experts on foreclosures, short sales or any of the available Englwood homes for sale, call us today at 303-726-1874.

We are constantly working with buyers looking for homes near Dever City Park. It’s one of the most popular areas for buyers needing to live near downtown Denver. this week, Shelbi Harris on our team listed a fantastic home in the Schinners Denver homes neighborhood just a block west of City Park.

This is an all brick home with 4 bedrooms, 2 baths and nearly 2,000 finished square feet. THis home also has two sseperate entrances, allowing it t be used as  rental property as well.

With this layout, and in this location, we expect the home to move quickly. So, if you are interested, give us a call to day at 303-726-1874.

Schinners Denver Homes:

2420 franklin st denver 80205 $279,900.00

Beds: 4 Fin Sq Ft: 1971 Baths: 2 Year: 1904 Acres: # of Photos Avail: 5 V-tour Available: No MLS #: 1120256 Listing Office: mb the brian petrelli team

Broker Remarks: all brick unique floorplan home in west city park. this home can be a single family resident or as an income property. … more…

If you would like to learn more about the options for homes near Denver City park, give us a call. The inventory of all Denver homes for sale is low, but this area is extremely competitive. Call us today and have us set you up on a daily email alert for any and all new listings!

If you’ve read our blog, then you know we love highlighting the best deals when we find them. this week, we have a client looking at Thornton foreclosures and we came across this fantastic opportunity in the Woodbridge Station Thornton neighborhood.

This tri-level home has 3 beds, 2 baths and nearly 1,400 square feet. Plus, the basement is unfinished offering you the opportunity to expand. The home is in great shape for a HUD home and fery few repairs are needed.

If you are in the market for Thornton homes for sale, give this one a look. Not only is it a great value, but it qualifies for the $100 down HUD program.

Woodbridge Station Thornton:

HUD Owned Home 5550 hudson cir thornton 80241 $160,000.00

Beds: 3 Fin Sq Ft: 1392 Baths: 2 Year: 1998 Acres:0.12 # of Photos Avail: 5 V-tour Available: No MLS #: 1118929 Listing Office: diamond realty

Broker Remarks: fabulous hud owned tri-level with unfinished basement in desirable thornton neighborhood. close to schools, shopping, an… more…

If you would like more information on this, or any other Thornton homes for sale, give us a call. We can help you find all of the Thornton foreclosures that qualify for the $100 Down HUD program and explain your financing options in detail. You can reach us at 303-726-1874.

The Colorado Division of housing released a report this morning detailing the 6 year low in sales of Colorado foreclosures. However, while still positive news, the headline is a little misleading. Here are a few more details from the report (found here):

• For the first seven months of the year, Colorado foreclosures filings were up 4.9% compared to last year
• For that same period, foreclosure auction sales were down 28%
• Among the counties surveyed, there were 865 foreclosure auction sales during July of this year, compared to 1,134 sales during July of last year.
• “There were fewer than 900 auction sales during July, which is a long way from zero, but back in 2007 and 2008, we often saw more than 2,000 completed foreclosures in a single month,” said Ryan McMaken, a spokesman with the Colorado Division of Housing. “New foreclosure filings are down quite a bit also but numbers have been flat so far this year.”

We are seeing many banks make amuch stronger push helping troubled homeowners by making Denver short sales easier to obtain. Most of the major banks have drastically improved the process and short sales can happen in just a coupe of months.

If you are new to the market, it is important to understand that these numbers relate to the auction process and the sales reported for those transactions only. Most Colorado foreclosures listed in the MLS have gone through this process and are being offered directly from the bank. This is a confusing distinction, but an important one.

For more details on these number or to talk with one of ou experts about his market, give us a call at 303-726-1874. There are some great deals out there – especially on Denver HUD homes. HUD is offering a $100 down payment program for owner occupants that cannot be beat, but we don’t know how long it will last.

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All Colorado Foreclosures:
Aurora Foreclosures and HUD Homes, Arvada Foreclosures and HUD Homes, Brighton Foreclosures and HUD Homes, Broomfield Foreclosures and HUD Homes, Castle Rock Foreclosures and HUD Homes, Centennial Foreclosures and HUD Homes, Commerce City Foreclosures and HUD Homes, Denver Foreclosures and HUD Homes, Englewood Foreclosures and HUD Homes, Golden Foreclosures and HUD Homes, Highlands Ranch Foreclosures and HUD Homes, Lakewood Foreclosures and HUD Homes, Littleton Foreclosures and HUD Homes, Northglenn Foreclosures and HUD Homes, Parker Foreclosures and HUD Homes, Thornton Foreclosures and HUD Homes, Westminster Foreclosures and HUD Homes

Rents are up in Denver. Way up. According to the latest report by Trulia, year-over-year rents are up 10.5% in July. This is spurring an increase in buyers looking at Denver Investment properties.

And it’s not just the rents. According to the same report, asking prices are up 8.6% year-over-year. This corresponds with the data we’ve been reporting here for nearly a year detailing the increase in dales prices for the entire metro area.

The entire report is worth a read, and as you look at the data, pay attention to this explanation from the report itself:

The Trulia Price Monitor and the Trulia Rent Monitor are the earliest leading indicators of how asking prices and rents are trending nationally and locally. They adjust for the changing mix of listed homes and therefore show what’s really happening to asking prices and rents. Because asking prices lead sales prices by approximately two or more months, the Monitors reveal trends before other price indexes do. With that, here’s the scoop on where prices and rents are headed.

As we continue to stress here on our blog, the availability of Denver foreclosures and other Denver distressed properties are decreasing rapidly. Homeowners are typically favored in the buying process (especially for HUD and Fannie / Freddie homes) and the competition is fierce.

If you are interested in learning more about this market or would like to talk to our team about entering the market for Denver investment properties, give us a call at 303-726-1874.

We receive calls every week from buyers looking to Rent to Own Homes in Denver. Many of the buyers have had a Denver foreclosure or a short sale and need to clean up their credit. Others aren’t sure if they will be in the Denver area for a long period of time, but want to lock in the possibility of today’s prices in case they do stay long term.

The challenge with these properties is that they are difficult to find and most agents are not familiar with the process or procedures for helping these buyers. In an effort to make the search easier, we have a page on our website that lists all of the Rent to own homes in Denver and the surrounding areas. All of these homes are listed in the MOS with the option for a buyer to purchase the home with a lease option.

Again, there are many extra steps to a transaction of this type, but for the right buyer, in the right situation, it may make sense. Give our team of experts a call today to see what the right choice is for you. With all of the deals on Denevr foreclosures and the $100 down program on Denver HUD homes, rent to own may not be smartest way to go. But if it is, we can help you every step of the way. Give us a call at 303-726-1874 today and we can educate you on all of the options for rent to own homes in Denver.

Yesterday, CoreLogic released a report on prices for Denver homes through June 2012. Their report (detailed here in the Denver Business Journal), shows that June’s home prices in the Denver area grew 7.2% over June of last year. Even more encouraging, is that when the figures for Denver Distressed homes (foreclosures, HUD, etc) are factored in, the home price index still increased by 6.3%.

The entire article and report is worth a read, but here are some of the highlights:

For the fifth month in a row, metro Denver’s home sale prices saw a year-over-year increase, according to a CoreLogic home price index (HPI) report released Tuesday.

The Denver-Aurora-Broomfield area HPI grew 7.2 percent in June over June 2011’s HPI. That was also a larger gain than was seen with May’s

and

Those numbers included distressed sales, which are foreclosed or real-estate owned (REO) homes.

This continuing positive news for Denver homes is just one more in a long list of reports that have been coming out over the past year showing a very strong and improving market. This is one of the reasons that many investors have been contacting us interested in Denver Investment Properties. While the number of foreclosures are decreasing, there are still some good deals to be found for the right investor if you are able to move quickly.

If you would like to talk about this report, Denver distressed properties or how we can help you find the best investments, give our team a call at 303-726-1874.

The inventory for Arvada homes has been incredibly low over the last few months. This deflated inventory has been even stronger in the market for Arvada foreclosures. Our northern agents have been watching for any and all new foreclosure listings to come up, and we excited when HUD released a 3 bedroom ranch this week.

This home is located about a mile north of I-70 just south of Creekside Park. The home is nearly 1,400 square feet, has 3 bedrooms, 2 baths a covered patio and a brick gazebo. With a little updating, this could be a fantastic value!

Arvada Foreclosures:

HUD Owned Home 5835 pierce st arvada 80003 $138,000.00

Beds: 3 Fin Sq Ft: 1382 Baths: 2 Year: 1941 Acres: # of Photos Avail: 5 V-tour Available: No MLS #: 1117716 Listing Office: coldwell banker residential 24

Broker Remarks: ranch located on huge lot with 2 car detached garage/shop. walking distance to old town arvada and historic district. ea… more… Disclosures

As with all Denver HUD homes, this home qualifies for the $100 HUD down payment program for all owner occupants using an FHA mortgage. This program is a fantastic opportunity for buyers with limited funds to buy a home at today’s incredible rates!

If you would like to speak with our team about Arvada homes for sale or the market for Arvada foreclosures, give us a cll at 303-726-1874.