The Brian Petrelli Team Blog

Some good news in the Business Journal on Denver Homes for sale. Home prices in the Denver market have risen for the 3rd consecutive month. If you’ve been paying attention to the news and reports, you will see a very positive (although slow) trend upwards over the past year.

From The Denver Business Journal:

…Denver home prices rose 1.6 percent in June from the previous month, above the 20-city composite growth rate of 1.1 percent.

The monthly price rise in Denver followed May’s 1.4 percent rise and April’s 1.5 percent gain. Before that came 10 straight months of price declines from the previous month.

Nineteen of the 20 cities covered by the Case-Shiller report saw price gains in June from May levels, with Chicago and Minneapolis topping the list at 3.2 percent. Portland, Ore., prices were flat.

The entire artice is worth a read.

Metro Area Home Searches:
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 An informative article today on the USA Today website. It reports on what we’ve been seeing in the market. In an effort to decrease the number of Colorado Bank Owned Homes, many banks are increasing the number of short sales they are approving. Denver short sales are benefiting from this trend.

This help in several ways: 1.) It allows the homeowner to avoid the huge negative financial impact of a foreclosure. 2.) It helps the overall local market by preventing a foreclosure from severely decreasing property values (although a short sale still hurts) and 3.) It usually costs the banks less than going forward with foreclosures proceeding and property maintenance while they market the property for sale.

 From USAToday.com:

Short sales — when lenders allow financially strapped borrowers to sell homes for less than their unpaid mortgage — accounted for 12% of home sales nationwide in the second quarter. That’s up from 10% in the same period last year, says researcher RealtyTrac.

The increases were sharper in some states, including California, Nevada, Michigan, Georgia and Colorado, the data show.

In Colorado, short sales were 17% of all sales in the second quarter, up from 10% a year earlier. In California, they made up 25% of sales, vs. 18%.

If your interested in pursuing a Short Sale – either as a buyer or a seller, give our team of experts a call at 303-726-1874.

Metro Area Short Sales House Searches:
Aurora Short Sale Homes,Arvada Short Sale Homes,Brighton Short Sale Homes,Broomfield Short Sale Homes,Castle Rock Short Sale Homes,Centennial Short Sale Homes,Commerce City Short Sale Homes,Denver Short Sale Homes,Englewood Short Sale Homes,Golden Short Sale Homes,Highlands Ranch Short Sale Homes,Lakewood Short Sale Homes,Littleton Short Sale Homes, Northglenn Short Sale Homes,Parker Short Sale Homes,Thornton Short Sale Homes,Westminster Short Sale Homes

Columbine Hills homes are located in the heart of southwest Littleton just south of Ken Caryl Ave and west of Platte Canyon Rd. This location puts it less than a mile from c-470, 3 miles from Chatfield Stat Park’s entrance and an easy commute to the tech Center and the foothills.

Our team has done a great deal of work in this neighborhood and we were thrilled to see HUD list a new 4 bedroom home in the area yesterday. This 4 bedroom, 3 bath home has over 2,500 square feet, wood floors and is priced incredibly well at $235,000.

If you’re in the market for Littleton homes, make sure you give our team a call at 303-726-1874 to see this home today.

Columbine Hills Homes

HUD Owned Home 7771 s lamar ct littleton 80128 $235,000.00

Beds: 4 Fin Sq Ft: 2552 Baths: 3 Year: 1977 Acres: # of Photos Avail: 5 V-tour Available: No MLS #: 1029576 Listing Office: mb cliff johnson realty

Broker Remarks: … more… Disclosures

Our team knows the Littleton housing market intimately. three of our agents in live in Littleton and our team leader is a Littleton native. Give us a call at 303-726-1874 to discuss Littleton foreclosures, resales and Littleton short sales. We can help you make the right choice when buying your next homes.

Our team is always showing buyers homes in the Dakota Station Littleton area. This is a great neighborhood with townhomes and condos available for under $100,000. Most of these units have their own, fenced backyard and many back up to a neighborhood greenbelt or open space.

Dakota Station homes are located just off of Chatfield and east of Kipling. there is lots of shopping within walking distance and c-470 is just a mile away.

This week, we’ll be showing a buyer Littleton townhomes in this neighborhood so we were thrilled when HUD released a new 2 bedroom, 3 bath listing! This home has nearly 1,000 finished sq7uare feet and is priced at only $90,000. At this price, we don’t expect it to last long, so if you’re interested, give our team a call at 303-726-1874 today.

Dakota Station Littleton

HUD Owned Home 9709 w chatfield ave littleton 80128 $90,000.00

Beds: 2 Fin Sq Ft: 990 Baths: 3 Year: 1984 # of Photos Avail: 5 V-tour Available: Yes MLS #: 1027589 Listing Office: re/max professionals

Broker Remarks: great townhome in dakota station! close to shools, shopping and parks, easy access to c-470! two story, wood burning fir… more… Disclosures

Our team can help you with all of the available Littleton homes for sale and Littleton foreclosures. Give us a call today at 303-726-1874 and we’ll help you get started.

 Some more good news for Denver Luxury Homes this morning. A new report is showing a continued improvement in the sales of Luxury homes across the metro area. These numbers have been slowly trending up all summer and its great news to see the trend continue!

From The Denver Business Journal

More luxury homes sold in the metro Denver area in July, and for a higher median price, than in the same month of 2010, according to a new report from Coldwell Banker Residential Brokerage.

Deals closed on 69 homes, each priced more than $1 million, according to the report, which is culled from Multiple Listing Service data. While that number was up 38 percent from the 50 homes sold in July of 2010, it fell slightly from June’s 71 sold.

The median price rose to $1.39 million, up from July 2010’s price of $1.22. That number also climbed 7 percent from June’s median price of $1.3 million.

Read the entire article.

 If you’d like more information or would like a detailed report on luxury homes in your specific area, gice our team a call at 303-726-1874. 

 Denver Area Luxury Homes Searches:
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Denver Area Luxury Foreclosure and Luxury HUD House Searches:
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Our team has been showing a large amount of Aurora homes for sale this month. In fact, we have three homes schduled to close in Aurora in the next two weeks.

The value you can get for your money in Aurora is har to beat. the price per square foot is generally lower than other metro Denver areas and the commute time to Downtown Denver and the Tech Center are comparable to other Denver suburbs.

Our newest addition to the team, Craig Calhoun, has listed a beautiful home in the Andersons Sub Area of Aurora. This is a larger, 5 bedroom home with over 2,400 square feet and is priced at just $125,500!

If you’d like to learn more about this, or any other Aurora Homes for sale, give our team a call at 303-726-1874.

1410 chester st aurora 80010 $125,500.00 est $

Beds: 5 Fin Sq Ft: 2426 Baths: 3 Year: 1945 Acres:0.14 # of Photos Avail: 5 V-tour Available: No MLS #: 983482 Listing Office: mb the brian petrelli team

Broker Remarks: beautiful 5-bedroom 3-bath brick bungalow with nearly 2500 finished square feet! spacious open layout with classic feel,… more… Disclosures

Our team can help you with all of your home buying options in Aurora. We’ve helped two clients this month buy Aurora foreclosures and we can help you with Aurora short sales or bank owned homes as well. Just call us at 303-726-1874.

Over the years, our team has sold many homes in the Sturbridge at Homestead Townhomes neighborhood. This complex is one of the most popular areas in Centennial and offers gorgeous, mature landscaping, fantastic homes and an ideal location.

Yesterday, HUD listed a 2 bedroom, 1,540 square foot unit in Sturbridge. This unit has wood floors, central air, and a loft. Priced at just $177,000 this is a great deal.

In addition to this HUD listing, our team has a absolutely perfect townhome in the Homestead Townhomes neighborhood. This listing is a 3 bedroom, 3 bath home with wood floors, custom paint, a private back porch as well as a covered front porch and much more.

if you’re interested in either of these townhomes, give our team a call at 303-726-1874.

Sturbridge at Homestead Townhomes

HUD Home:

HUD Owned Home 7200 e bentley cir centennial 80112 $177,000.00

Beds: 2 Fin Sq Ft: 1540 Baths: 2 Year: 1983 # of Photos Avail: 5 V-tour Available: Yes MLS #: 1027274 Listing Office: realty executives of aurora

Broker Remarks: great design, two story, full basement, 3 bedrooms, 3 baths, main floor den, 2-car garage, all in a terrific location ov… more… Disclosures

Our Listing:

7059 e briarwood dr centennial, CO 80112 Homestead $209,500.00

Beds: 3 Fin Sq Ft: 1419 Baths: 3 Year: 1983 # of Photos Avail: 5 V-tour Available: Yes MLS #: 1021080 Listing Office: mb the brian petrelli team

Broker Remarks: truly the nicest unit in sturbridge! custom paint, wood floors, private back patio and covered front porch. a/c, large b… more… Disclosures

Our team can help you with any of the Centennial Townhomes on the market. Give us a call today at 303-726-1874 to talk about Centennial foreclosures, short sales or any of the resale homes available.

 Highlands Ranch Foreclosures usually don’t stay on the market long. This is especially true of HUD homes in the area. Last week, 3 HUD homes in Highlands Ranch went under contract bringing the inventory down to one. This week, HUD released one additional HUD home on the east side of Highlands Ranch.

If you are in the market for Highlands Ranch homes, you’ll want to check this one out. It has over 1,900 square feet and is priced at just $230,000. But if you are interested, don’t wait. Give us a call at 303-726-1874 today to set up a showing

 Highlands Ranch Foreclosures

HUD Owned Home 10172 cherryhurst ln highlands ranch 80126 $230,000.00

Beds: 3 Fin Sq Ft: 1952 Baths: 3 Year: 1998 Acres:0.1 # of Photos Avail: 5 V-tour Available: No MLS #: 1026742 Listing Office: elist realty, llc

Broker Remarks: open 3 bedroom, 2.5 bath property with lots of windows and light throughout. home features a large kitchen, partially fi… more… Disclosures

Our main office is located in Highlands Ranch and we can help you with all of the options available; from Highlands Ranch short sales to foreclosures to normal resale homes. Give our team of experts a call at 303-726-1874 and let us guide you through all of the available Highlands Ranch homes for sale.

Canyon Ranch Highlands Ranch is one of the most popular condo complexes in the Highlands Ranch Area. It’s one of the most affordable neighborhoods (2 bedrooms start in the low $100’s) and the complex itself is a great place to live.

While it has its own private pool, hot tub, clubhouse and workout room, the complex also falls into the Highlands ranch Community Association, giving residents access to all of the rec center, pools, tennis courts and more that the association has to offer.

HUD just released a new listing in Canyon Ranch Highlands Ranch this weekend. It’s a 2 bedroom unit on the second floor with vaulted ceilings, full size washer and dryer and a garage. This home is priced at an unbelievably low list price of $110,000!

In addition to this home, our team also has a resale home in pristine condition with a garage offered at just $127,900. information on both of these Highlands Ranch condos are below, but if you’d like to see either of them, give our team a call at 303-726-1874.

Canyon Ranch Highlands Ranch

HUD:

HUD Owned Home 3701 cactus creek ct highlands ranch 80126 $110,000.00

Beds: 2 Fin Sq Ft: 1077 Baths: 2 Year: 1997 # of Photos Avail: 1 V-tour Available: No MLS #: 1026639 Listing Office: mb denver colorado realty

Broker Remarks: highlands ranch upper level condo 2 bedrooms and 2 baths faces county line, but has high sound barrier that buffers nois… more… Disclosures

Resale:

8425 pebble creek way highlands ranch, CO 80126 $127,900.00

Beds: 2 Fin Sq Ft: 1031 Baths: 2 Year: 1996 # of Photos Avail: 5 V-tour Available: Yes MLS #: 982631 Listing Office: mb the brian petrelli team

Broker Remarks: perfect home on 2nd floor with vaulted ceilings, wood flooring in entry, dining & kitchen. this unit has fireplace and 1… more… Disclosures

We can help you with any of the available Highlands Ranch foreclosures on the market. Give our team a call now at 303-817-0209 and learn about Highlands Ranch short sales, bank owned and all of your options for Highlands Ranch homes for sale.

We’re excited to announce that our Sellers on 9537 Devon Ct in Highlands Ranch just reduced their price to $195,000. This is a single family home that backs to a park, is on a corner lot, has new A/C, new windows, a tank less hot water heater and so much more! If you’re looking at Highlands Ranch homes, you will not find a deal like this anywhere!

If you’re interested in seeing this home, give our team a call at 303-726-184. Our office is a mile away from this home so we can meet you there anytime you’d like.

9537 Devon ct highlands ranch 80126 $195,000.00

Beds: 2 Fin Sq Ft: 1170 Baths: 2 Year: 1986 Acres:0.08 # of Photos Avail: 5 V-tour Available: Yes MLS #: 978857 Listing Office: mb the brian petrelli team

Broker Remarks: price reduced! wow. great home backs to park and a corner lot! new everything: new windows, new a/c, new tankless water … more… Disclosures

If you’re in the market for Highlands Ranch homes for sale and would like to talk about all of your options and the many low and zero down mortgages in Colorado, give our team a call at 303-726-1874.