The Brian Petrelli Team Blog

There are some amazing Lone Tree homes for sale right now, but our team just listed a home In Heritage Hills Lone Tree that can give all of them a run for their money – even many of the more expensive homes.

This home has over 4,500 square feet, 3 levels of patios / decks (main, walk-out basement, and upper deck off of the master bedroom), and so many upgrades we can’t hope to mention them all here. The main floor has a spacious kitchen with granite, stainless steel, an office, formal dining, large family room and a sitting room. Upstairs you’ll find an amazing master suite with an upgraded bathroom complete with double entry, extra large closets. The basement has a wet bar, media room and a separate master bedroom / bath area.

We expect this home to move quickly, so if you are interested in this, or any other Lone Tree homes for sale, give our team a call at 303-726-1874 to see it today.

Hertiage Hills Lone Tree Homes:

9693 sunset hill dr lone tree, CO 80124 Heritage hills $689,900.00

Beds: 5 Fin Sq Ft: 4500 Baths: 5 Year: 2005 # of Photos Avail: 5 V-tour Available:  Yes MLS #: 1102460 Listing Office: mb the brian petrelli team

Broker Remarks: truly gorgeous! breathtaking home with all of the upgrades you’d expect – plus more! granite and tile throughout. upper,… more… Disclosures

Heritage Hills Lone Tree is located just north of Lincoln, west of I-25. This ideal location puts it in DTC and also provides easy access to Downtown Denver and Castle Rock. There aren’t many Lone Tree homes for sale in this price range, so contact us today if you’d like to see it.

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Located less than a mile east of E-470, Sterling Hills Aurora is a great neighborhood on the east side of the Metro area providing easy access to DTC, Downtown Denver and DIA. With homes ranging from the high $100’s to the hig $200’s the homes here are a terrific deal.

Darcy Truppo on our team, just listed a gorgeous 4 bedroom, 3 bath home with over 2,100 finished square feet. This fabulous home has dark hardwood floors, vaulted ceiling a finished basement and a hot tub! All of this, plus so much more, for just $229,000!

This home is not a short sale or foreclosure, so there is no waiting for bank approval. just see it, love it and make an offer!

Aurora Homes for Sale:

2143 s ensenada st aurora 80013 $229,000.00

Beds: 4 Fin Sq Ft: 2120 Baths: 3 Year: 1995 Acres:0.15 # of Photos Avail: 5 V-tour Available: No MLS #: 1101455 Listing Office: mb the brian petrelli team

Broker Remarks: wow! dramatic open floor plan, nearly new dark oak hardwood floors, and vaulted ceilings in the living room and master b… more… Disclosures

If you would like to see this, or any of the other available Aurora homes for sale, including Aurora foreclosures and Aurora short sales, give our team a call at 303-726-1874 today. Let our team of experts help you make the best and most informed decision on your next home purchase.

If you are currently looking at Littleton townhomes, then you know that if you want a 1,600+ square foot, 3 bedroom, 3 bath townhome with a finished basement and wood floors, you will normally have to pay above $200,000. However, HUD just added one of a few Littleton foreclosures that will give you all of this for just $113,000!

This amazing deal is located in Columbine Townhouses (north of Ken Caryl Ave between Wadsworth and Pierce). Listed by HUD, this large townhome is eligible for the $100 down payment program being offered on all Denver HUD homes. You truly will not find a better deal on a townhome in Littleton.

Littleton Foreclosures:

HUD Owned Home 7189 s webster st littleton 80128 $113,000.00

Beds: 3 Fin Sq Ft: 1620 Baths: 3 Year: 1973 # of Photos Avail: 5 V-tour Available: Yes MLS #: 1100702 Listing Office: re/max professionals

Broker Remarks: this property may be eligible for the fha $100 down payment program. ask your agent for details.fantastic townhomes loca… more… Disclosures

We’ve seen HUD list townhomes of this value for this price in other areas, and it usually generate multiple bidders. If you are interested in seeing and / or placing a bid on this home, give us a call at 303-726-1874. Our team of HUD experts can help you make the most informed bid and give you the best chance of owning this amazing home.

If you are interested in learning more about the inventory of Littleton townhomes or Littleton foreclosures, give our team a call today. Denver HUD homes are not the only great deals to be had, but you have to move quick and you need a team of agents that knows the market!

Our team ws busy this entire weekend showing Littleton homes for sale across several price ranges. One of the best deals we ran across was one of the few Littleton foreclosures available listed by HUD.

This 3 bedroom, 3 bath home has almost 1,500 square feet and is listed for just $175,000! With a finished basement, hardwood floors, vaulted ceilings and more, this home has amazing potential. Located in the Alkire Acres neighborhood (north east of C-470 and Bowles) this home offers great access to the foothills as well as an easy commute to both DTC and downtown Denver.

If you need another incentive, this home, like all Denver HUD homes, qualifies for the $100 HUD down payment program currently being offered. If you buy this home a an owner occupant using an FHA mortgage, you can put just $100 down! Call our team of experts for more details at 303-726-1874.

Littleton foreclosures:

HUD Owned Home 13068 w dorado pl littleton 80127 $175,000.00

Beds: 3 Fin Sq Ft: 1472 Baths: 3 Year: 1994 Acres: # of Photos Avail: 5 V-tour Available: Yes MLS #: 1101091 Listing Office: re/max professionals

Broker Remarks: property may be eligible for fha $100 dollar down payment program! hud home sold `as is`-electronic bid only fha case #… more… Disclosures

Our team can help you with all of the available Littleton homes for sale. There are still some great deals on Littleton foreclosures and Littleton short sales, so give us a call today at 303-726-1874 and take advantage of the amazing interest rates available.

There has been a significant decrease in the number of Littleton Foreclosures being listed on the market. This week, HUD added a 3 bedroom home in the Columbine West homes neighborhood, one of the more popular areas for buyers looking at Littleton homes for sale.

This listing is over 1,900 square feet, has 3 bedrooms, 3 bathrooms and is priced under $200,000. With wood floors and a great backyard, this price will most certainly generate multiple bids. Almost all of the Littleton foreclosures under $200,000 are disappearing fast. so if you think you may have interest, give our team a call today to see it before it is gone: 303-726-1874.

Columbine West Homes:

HUD Owned Home 7279 w frost dr littleton 80128 $198,000.00

Beds: 3 Fin Sq Ft: 1937 Baths: 3 Year: 1974 Acres: # of Photos Avail: 5 V-tour Available: No MLS #: 1099472 Listing Office: aspen real estate

Broker Remarks: this property may be eligible for the fha $100 down payment program. ask your agent for details. beautiful home with so … more… Disclosures

Our team shows Littleton foreclosures and Littleton homes for sale every day. We know the inventory and can help you make an informed decision. Give us a call at 303-726-1874 to talk with one of our Littleton experts today.

Again, we’re seeing more positive news for Denver homes for sale. The latest numbers from Metrolist were released yesterday, and all of the numbers were positive for home sellers.

Based on the numbers, closings are up 24% year over year, average sales prices are up over 10% year over year and the housing inventory is down over 40% from May last year.

From The Denver Business Journal:

The average sales price stood at $284,059 in May, up 3.2 percent from April and up 10.45 percent year over year.

“Right now, everything looks extremely positive,” Bauer said.

The inventory of homes available for sale remained at “historically low” levels, Bauer said. There were 10,591 homes for sale in May, up 3.3 percent from April but down a significant 41 percent from May 2011 and 51 percent from May 2010.

While these numbers are great fro Sellers, buyers are having a real problem just finding an available home, much less getting an offer accepted. We are working with several buyers looking at Denver Homes and Denver foreclosures who have put in bids on several properties before they were able to place a home under contract.

If you would like more information on these number of Denver Foreclosures and homes for sale in general, give our team a call at 303-726-1874 today.

What a crazy weekend!! You have to move FAST as a buyer in this market – especially for a home priced under $300,000! We’ve been working with buyers all weekend – many looking at Littleton townhomes – who have been in multiple bid situations on homes that have been on the market for less than 48 hours. that’s why we wanted to share the newest listing offered by HUD in the Lexington Village Tonwhomes neighborhood.

This is an amazing deal in one of the best townhome complexes in Littleton under $200,000. This townhome has over 1,100 square feet, 2 beds, 2 baths and is priced at just $100,000! There isn’t a better deal to be found on any of the available Littleton townhomes!

Lexington Village Tonwhomes

HUD Owned Home 9509 w coal mine ave littleton 80123 $100,000.00

Beds: 2 Fin Sq Ft: 1102 Baths: 2 Year: 1984 # of Photos Avail: 5 V-tour Available: No MLS #: 1098434 Listing Office: re/max alliance

Broker Remarks: insured (in)*hud case#052-407696*sold as is*open and bright living room w/fireplace*cute kitchen with appliances*private… more… Disclosures

If you are interested in this, or any other Littleton townhomes, give our team a call QUICK. Most Denver HUD homes are receiving multiple bids. You need a team of experts working with you who knows the market for Littleton foreclosures and can help you move fast. You can reach us at 303-726-184.

There are still some great deals on Highlands Ranch foreclosures for those buyers willing to move quickly and make strong bids.

This week, HUD released a truly amazing deal on a large 3 bedroom home just south of Highlands Ranch Pkwy off of Broadway. Located in a fantastic neighborhood, in repaired condition, this home could easily compete with other Highlands Ranch homes priced into the low $300’s. However, HUD has it priced at just $230,000. I have been in this home and it does need some work, but for someone willing to invest in some fixes, this is a huge opportunity. Give me a call to learn more about it at 303-817-0209.

Highlands Ranch Foreclosures:

HUD Owned Home 9387 burgundy cir highlands ranch 80126 $230,000.00

Beds: 3 Fin Sq Ft: 1925 Baths: 3 Year: 1998 Acres:0.14 # of Photos Avail: 5 V-tour Available: No MLS #: 1097057 Listing Office: westfall & company marketing

Broker Remarks: hud owned*sold as is*… more… Disclosures

HUD also has another home i Highlands Ranch on the market. This is a much bigger home with over 3,500 square feet, 5 beds and 4 baths. This home is priced at only $313,000.

HUD Owned Home 9036 edgewood ln highlands ranch 80130 $313,000.00

Beds: 5 Fin Sq Ft: 3587 Baths: 4 Year: 1993 Acres:0.18 # of Photos Avail: 5 V-tour Available: Yes MLS #: 1081514 Listing Office: era herman group

Broker Remarks: hud owned property. sold as is. hud case # 052-606070. cul-de-sac and backs to open space. lrg spacious floor plan. vaul… more… Disclosures

If you would like to talk to our team of experts about Highlands Ranch homes or Highlands Ranch foreclosures, give us a call at 303-726-1874 today. We can help you navigate the Highlands Ranch Short sale market as well. Many Highland Ranch short sales are moving much faster than in previous months and there can be some good deals available for the right buyers.

RealtyTrac released a report today detailing the decline in the sale of Colorado foreclosures in the first quarter of 2012 compared with the first quarter of 2011. While foreclosures are accounting for 30 percent of all residential home sales in Colorado, that number is down 13.5% from the same time period last year.

From The Denver Business Journal:

Foreclosure-related sales accounted for 30 percent of all residential home sales in Colorado in the first quarter, but foreclosure sales were down 13.5 percent from the first quarter of 2011, according to RealtyTrac’s quarterly foreclosure sales report released Thursday.

The state tallied a total of 6,695 foreclosure sales in the first quarter, with an average sales price of $178,274.

AND…

The average sales price of U.S. homes in foreclosure or bank-owned was $161,214 in the first quarter, down 2 percent from the first quarter of 2011.

The first-quarter average sales price was 27 percent below the average sales price of homes not in foreclosure or bank-owned during the quarter, down from a 29 percent foreclosure discount in the first quarter of 2011.

The entire report is worth a read as it compares Colorado foreclosures with other states in the nation.

The decline in foreclosures has been even more pronounced in the under $300,000 price range. Our team is seeing a rapid decline in the number of foreclosures available for our clients. Over the past several months, many of our clients have been forced into bidding wars – especially on Denver HUD homes.

If you are interested in considering Colorado foreclosures, make sure you get signed up with our daily foreclosure and Demnver HUD homes alerts by email. You can contact our team to get set up on our system at 303-726-1874.

Even more positive numbers came out yesterday for Denver homes for sale. The latest S&P/Case Shiller Home Prices Index shows Denver with thre consecutive months of year-over-year price gains – this after a year and a half of declines.

From the Denver Business Journal:

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

Denver also saw a bigger month-over-month price gain in March than all but six other markets, seasonally adjusted, according to the closely-followed monthly report on average home-resale prices from Standard & Poor’s Standard & Poor’sLatest from The Business JournalsTampa home prices went up in March Case-Shiller: Charlotte home prices hold steady in MarchS&P cuts CSC’s credit ratingFollow this company .

Denver’s three consecutive months of year-over-year price gains followed 18 months of declines.

The only two cities with greater gains were Minneapolis and Phoenix.

These numbers are obviously great news and reflect what we have been reporting here for months. In addition, these numbers include all Denver homes for sale, including Denver Distressed Properties (Denver foreclosures and Denver short sales).

The past two months have shows a huge surge in buyers trying to take advantage of the low rates, and severely depressed inventory (down 30%-40%). Many listings are lasting only a few days and generating several bids.

If you would like to talk more about these numbers and how the recent reduction in Denver foreclosures and the faster approvals of Denver short sales are having an impact, give our team a call at 303-726-1874.