The Brian Petrelli Team Blog

Our team is preparing to list a fantastic 3 bedroom home in Antelope Heights Parker in the coming days. This great home has new carpet, granite counters, a gas fireplace, small loft area with built in desk, central A/C and a large yard.

This home is not yet in the MLS, but you can contact our team at 303-726-1874 to learn more and schedule a showing before the rest of the market knows its available.

For those not familiar with the Antelope Heights neighborhood, it is located in the south end of Parker  between Jordan and Chambers, south of Mainstreet. The area offers easy access to both I-25 and E-470 and is a mile from Parker Rd.

For more information on any of the available Parker homes, contact our team at 303-726-1874.

The Numbers are out for the total number of Colorado bank Owned homes that sold in 2013. According to the MLS data, the number of Bank Owned homes sold in 2013 was nearly half of the total number sold in 2012 and just over a third of the total sold in 2011.

We’ve included the chart below and as you can see, the past year of the rapidly improving market for Denver homes has had a major impact on the inventory of bank owned homes.

While this lack of inventory in the foreclosure market is great news for current homebuyers, we’ve seen this decrease in inventory take a significant toll on buyers looking at Denver investment properties and Denver fix and flip homes. With the inventory cut in half, the same pool of investors has been competing for fewer and fewer properties – making the competition fierce.

If you are interested in the investment property market, give our team a call. Many times investment properties never make the MLS. If we know what you are looking for, often times we can find homes for you before the market knows about them. Call us today at 303-726-1874.

Based on information from Metrolist®, Inc. for the period 2010 through 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.

Our team is working with several buyers searching for Highlands Ranch condos. The available inventory of these homes is lower now than it has been for years, and it is causing prices in the area to rise.

We have charted out the available inventory of Highlands Ranch Condos and Townhomes for the past 5 years. A quick glance at the chart shows the staggering low current inventory levels. We’re currently sitting at roughly 10% of the inventory we had just 4 years ago!

While this is bad news for buyers, anyone who currently owns a condo or townhome in Highlands Ranch should be thrilled. The lack of inventory makes now the best time we’ve seen to sell your home in over 5 years.

If you would like to learn more about the market and how our team can help you sell your condo or townhome for the highest possible price, call our team today at 303-726-1874.

Highlands Ranch Condos and Townhomes – Available Listings:

 Based on information from Metrolist®, Inc. for the period 2009 through 2014 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 we promised last week, our team has just listed this penthouse, 2 bedroom condo in the Cambridge in the Foothills complex in southwest Littleton.

At just $154,000, this unit may offer the best view of the foothills of any Littleton condo priced under $200,000. The home has 14ft ceilings, a large deck, gas fireplace, hardwood floors, central air conditioning and a security system. Each bedroom has its own bathroom and the master bedroom has walk-in closets and its own sliding door to the patio.

This home is a great find and will go fast, so contact our agents to set a showing today at 303-726-1874.

Littleton Condos:

Our team has several agents who live in, or around, Littleton and can help you search all of the available Littleton condos to find the best home for your needs. Give us a call today!

Debbie Ells on our team has just listed an amazing remodel in the Kings Ridge neighborhood in Centennial. This home has been completely remodeled making it the finest home in Centennial Priced under $400,000!

Here is a partial list of all that has been done to this home:

• New Appliances (gas stove)
• New Cabinets
• New Granite
• New Hardwood Floors
• New Carpet
• New Paint
• New Roof
• New Furnace
• New Water heater
• New A/C
• New Sprinkler System
• Much, much, more!

This is a fantastic opportunity and a fantastic home. Check out the photos on our website and then give us a call to see this home for yourself at 303-726-1874.

Kings Ridge Centennial Homes:

7634 South Vine Street Centennial, CO 80122  Kings Ridge  $359,900.00

Beds: 4      Fin Sq Ft: 2483  Baths: 3     Year: 1973  # Of Photos Avail: 24  V-Tour Available:  No  MLS #: 2310384  Status: Active  Listing Office: Mb The Brian Petrelli Team

Broker Remarks: Amazing Remodel Located Is Beautiful Well Updated Kings Ridge. Completed From Head To Toe With All New Appliances (Gas …More…

We’re getting a new listing in Cambridge In The Foothills ready to hit the market next week, but we wanted to showcase it for you here before we enter it into the MLS.

Cambridge In The Foothills is located in west Littleton and offers Littleton condos in the mid $100’s. The location offers amazing views of the foothills, easy access to C-470 and the mountains, as well as shopping, Chatfield State Park and much more.

This is a gorgeous unit and we expect to sell it quickly, so if you have any interest, contact our team today at 303-726-1874 to set a private showing before the rest of the market knows about it!

12348 W. Dorado Pl #302 $154,000 2 beds + Office 2 Baths Hardwood Floors Large Kitchen and Dining area Large deck with mountain views Backs to Open Space Newer appliances Washer and Dryer included Showings start Feb 2nd

Over the past few months we’ve been gradually rolling out improvments to our website. We are excited to announce that anyone can now search all of the Denver Sold homes for the past several years.

This has been a major undertaking as the data for these sold homes in quite large. However, we have made all of it available to users on our website to search. As a reminder, you do not need to register or login to perform any search on our website. The tool are there to use and we will not require any contact information from you.

Our team designs this website on our own. We do not hire it out to a web design company or other IDX provider. So, if you have any feedback or suggestions, please send us an email. We love to hear how you are using the site, and most importantly, how we can make it better for you.

The data is available for all major cities in the Denver area:

Sold Highlands Ranch Homes

Sold Littleton Homes

Sold Parker Homes

Sold Aurora Homes

Late last week, HUD listed this 2 bedroom (4 bedrooms including 2 basement non-conforming rooms) ranch home in the Calahan Lakewood neighborhood. This Lakewood foreclosure home has over 1,800 finished square feet, hardwood floors, fenced yard and a covered patio.

Visit our website to see all of the photos for this home which is a fantastic opportunity for buyers considering a Lakewood home at just $193,000! There are 6 days left to get your bids in before the initial 10 day bidding period for owner occupants is up. We anticipate seeing multiple bids, so contact one of our HUD experts to discuss how we can help you place a winning bid on this home: 303-726-1874.

Calahan Lakewood Homes:

HUD Owned Home 6945 West Colorado Drive Lakewood 80232    $193,000.00

Beds: 2      Fin Sq Ft: 1842  Baths: 1     Year: 1962  Acres:0.18  # Of Photos Avail: 15 V-Tour Available:  No  MLS #: 4698253  Status: Active  Listing Office: Re/Max Professionals

Broker Remarks:  Brick Ranch With Hardwood Flooring, Covered Patio, Fenced Yard And More! Basement Has An Additional 2 Bedrooms (Non-Conf… More…

A reminder that bidding on Denver HUD homes is different than bidding on other foreclosures. The process requires a HUD registered / approved agent and follows the HUD defined bidding process. Give us a call for more details on how to buy a Denver HUD home.

HUD just released a tremendous deal on a townhome in the Columbine Townhouses Littleton neighborhood. This 2 bedroom, 1 bath townhome has an attached garage, wood and tile floors and over 900 square feet.

The Columbine Townhouses neighborhood is located on the southwest corner of W Ken Caryle Ave and Wadsworth and is a quick drive to Chatfield State Park, C-470 and many schools and parks.

This truly is a fantastic opportunity and represents one of the best deal available on any Littleton townhome on the market. If you are interested in learning more about this home, or any other Denver HUD home, give our team a call at 303-726-1874.

Littleton HUD  Home 7700 West Glasgow Place Littleton, CO 80128    $106,000.00

Beds: 2      Fin Sq Ft: 924  Baths: 1     Year: 1973  # Of Photos Avail: 21 V-Tour Available:  Yes  MLS #: 6221266  Status: Active  Listing Office: Re/Max Momentum

Broker Remarks: Now’s Your Chance To Own A Great Home In The Columbine Townhouse Community. Great Opportunity For A First Time Buyer. 2 …More…

For more information on how to buy a Denver HUD home or the bidding process, give our team of experts a call at 303-726-1874. We can walk you through the process and give you the best chance to make a winning bid!

Our team is preparing to list a home for a client in the Antelope Heights Parker neighborhood in the coming weeks. In conducting our research, we have generated some statistics that we wanted to highlight here.

For those unfamiliar with the Antelope Heights neighborhood, it is located about a mile south of Mainstreet, just east of Jordan Rd. This central Parker location makes it convenient to everything Parker has to offer. Homes in the area typically sell for between $200,000 and $400,000

Perhaps the most interesting numbers for the area is the steeply decreasing number of available homes in the area. Take a look at the past five years of available inventory in the chart below. Over the past few months the number of available homes has been incredibly low and currently there are no active homes in the neighborhood:

Antelope Heights Homes Inventory:

Not surprisingly, this decreasing inventory has resulted in a steady increase in the median sales prices for the neighborhood.

Antelope Heights Median Sales Prices:

With no homes currently on the market in Antelope Heights, if you have been thinking about selling your Parker home, now is a fantastic time to list. Give our team a call to see how we can give your home maximum exposure and generate the highest sales price possible for your home: 303-817-0209.

Schools for Antelope Heights homes:

See All Gold Rush Elementary School Homes For Sale

See All Cimarron Junior High / Middle School Homes For Sale

See All Legend Senior High School Homes For Sale

  Based on information from Metrolist®, Inc. for the period 2009 through 2014 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.