The Brian Petrelli Team Blog

The market for Denver Homes, especially Denver HUD homes, has been intense. Our team is consistently seeing well over 10 bids per property for most of the HUD homes that are hitting the market – some times many more. With this incredible demand, we are making a string effort to review every new HUD listing as soon as it hits the market and post the best of the bunch here.

This week, HUD released this 1,600 square foot 3 bedroom home in the Perl Mack Denver Homes neighborhood. This great ranch home has a sunroom, hardwood floors under the current carpet, newer windows and a finished basement with a wet bar – all for under $140,000!

As with all Denver HUD homes, there is a 10 day window while HUD accepts owner occupant bids, so if you are interested in seeing this home, don’t delay. You can call our team today to see it at 303-726-1874. The Perl Mack area is popular, so this home will go quickly.

Perl Mack Denver Homes:

HUD Owned Home 6980 warren dr denver 80221 $135,200.00

Beds: 3 Fin Sq Ft: 1600 Baths: 2 Year: 1955 Acres:0.13 # of Photos Avail: 5 V-tour Available: No MLS #: 1180096 Status: Active Listing Office: house2home llc

Broker Remarks: this is a great ranch style home for an even better price. large sunroom off back. newer windows throughout. possible ha… more…

If you are in the market for Denver homes and especially Denver foreclosures, make sure you are set up on our daily alerts so you receive the newest listings in your area every day. the market is hot right now, and many times, missing a home by a day can cost you the opportunity to see it before it’s gone.

If you have been searching for Littleton homes, then you are painfully aware of how fast homes priced under $300,000 are selling. That’s why we wanted to give you a “head start” on this great home that will be hitting the market next week in the southwest Westlake Littleton homes neighborhood.

With 3 bedrooms and a loft / office upstairs, a large living area and a huge backyard with a large concrete patio, this 1,400+ square foot home has plenty of space. The spacious kitchen has stainless steel appliances and the home is in fantastic condition. It absolutely will not last at this price: just $255,000!

Call our team at 303-726-1874 today to learn more about this home! 

 Westlake Littleton Homes:

If you are in the market for Littleton homes under $300,000, the you owe it to yourself to check this home out. the last 3 homes in the neighborhood, or this model, sold in a day or two, so do not wait. You can reach our team at 303-726-1874 to learn more about this great home!

Denver’s Green Valley Ranch is one of the most sought after areas for Denver homes. Houses in this neighborhood go under contract very quickly, and usually with multiple bids. Omak Yanez on our team just listed a large, 2,386 square foot home with 4 bedrooms in this highly desirable neighborhood.

In addition to the four bedrooms, this great home also offers a study / office, HUGE kitchen with ample cabinet space and a finished basement. If you are looking at Denver homes, don’t miss out on seeing this home before it’s gone. You can schedule a private showing today by calling 303-726-1874.

Green Valley Ranch Denver Homes:

As we have been reporting here for months, the market for Denver homes is on fire! The best homes are selling in 24 hours and are receiving multiple bids. If you are serious about finding your next home, call our team and let us set you up on daily email alerts so that you are notified every morning of the newest listings.

The neighborhood in and around Vista Grande Terrace Colorado Springs is a fantastic community. With several parks within walking distance (George Fellow Park, Tomah Park, Fremont Park and more) along with great schools, the area is very popular with buyers.

HUD has just released a 3 bedroom, 1,702 square foot home in the neighborhoods priced at just $145,000. The home has a large backyard, great layout and plenty of space. With a little TLC, you can make it a home to be proud of.

If you are interested in seeing it, call us before the initial bid period expires at 719-641-4209. Bids for owner occupants will be accepted for the first 10 days it is on the market, so don’t wait.

Vista Grande Terrace Colorado Springs:

5438 del rey dr colorado springs 80918 $145,000.00

Beds: 3 Fin Sq Ft: 1702 Baths: 3 Year: 1972 Acres:0.193 # of Photos Avail: 20 V-tour Available: Yes MLS #: 711789 Status: Active Listing Office: re/max properties, inc.

Broker Remarks: near schools and parks this home is sure to please. kitchen includes a pantry and pass through into the dining room. din… more…

The market for Colorado Springs homes is really heating up and Colorado Springs foreclosures are selling very quickly. If you are looking at homes priced below $250,000, be ready for potential bidding wars. Make sure you get signed up on our daily email alerts so you don’t miss the best Colorado Springs homes the day the hit the market.

Donna Jarock on our team just listed this fantastic, ground floor condo in the Castleview Condominiums neighborhood in Castle Rock. This large (1,299 square foot) unit has 2 bedrooms, 2 baths and a detached garage with ample storage. At just $155,000, this handicap accessible unit will sell quickly so call us today if you’d like to see it before it’s gone.

The Castleview complex is located just north of Rock Park, and this unit offers some of the best views in the neighborhood. With easy access to I-25, this complex is ideally located in the heart of Castle Rock.

Castleview Condominiums Castle Rock:

677 canyon dr castle rock, CO 80104 Castleview $155,000.00 est $

Beds: 2 Fin Sq Ft: 1299 Baths: 2 Year: 2000 # of Photos Avail: 5 V-tour Available: No MLS #: 1178615 Status: Active Listing Office: mb the brian petrelli team

Broker Remarks: ground floor*handicap accessbile*detached garage is storage heaven*owner has built in shelving and storage*south facing … more…

If you are in the market for Castle Rock condos, give our team of experts a call today at 303-726-1874. We can help you find the best deals and see the newest listings before other buyers have a chance to bid. Call our team and we will set you up on daily email alerts so you never miss an opportunity.

Yesterday, a rare opportunity came up for anyone currently in the market for Highlands Ranch Condos or Townhomes: HUD released a listing in the coveted Tresana Highlands Ranch neighborhood.

This upscale area typically boasts units from the mid $200’s to the mid $600’s, but this 2 bedroom, 1,621 square foot home is listed for just $226,000! This luxury condo is an end unit with mountain views, dark wood and stainless steel appliance and a 2 car attached garage.

Bidding for owner occupants will be accepted through the standard 10 period typical for Denver HUD homes. If no acceptable bids are received, investors will be allowed to bid. However, we expect to see multiple bidders on this home in the initial 10 day submission period. So, if you are interested in this home, make sure you contact us this week at 303-726-1874.

Tresana Highlands Ranch:

HUD Owned Home 9359 loggia st highlands ranch 80126 $226,000.00 est $

Beds: 2 Fin Sq Ft: 1621 Baths: 2 Year: 2008 # of Photos Avail: 5 V-tour Available: No MLS #: 1177853 Status: Active Listing Office: keller williams dtc

Broker Remarks: hud home, sold as is w/no warranties. hud case # 052-459760. bid deadline 4/27/13 @ 11:59 pm-daily thereafter. investo… more…

The Tresana community is a high end, luxury townhome and condo community located northwest of University and Highlands Ranch Pkwy. The units offer a unique lifestyle choice for those looking for low maintenance, luxury living. Our agents know this neighborhood well, so give us a call to learn more today.

We’ve been talking for months about the lack of inventory in the Denver metro market causing a fast moving, Seller’s market. It appears from the latest market reports (and anecdotal evidence) that the market for Colorado Springs Homes is starting to catch up.

This week, the Colorado Springs Business Journal took notice:

The Colorado Springs residential real estate market has more than just rebounded. It’s on fire.

“This is probably the best market for selling a house in 12 years,” said Prudential Rocky Mountain Realtor Sylvia Jennings.

And she’s not the only one with that kind of news.

Local real estate agents are quick to share stories about 20 or more showings on a single property, multiple offers and making sales before properties even go up on the multiple listing service.

“If a buyer looks at a home and likes it and it’s priced correctly, they know they can’t just putz around,” said Joe Clement, broker owner of Re/Max Properties. “They have to make a move.”

And buyers need to be prepared to offer close to the asking price or even more, said Dominic DaSilva, broker owner of Sellstate Alliance Realty.

Again, just like the market for Denver homes, the driving force for this market rebound is the lack of available homes for buyers. The high demand and incredibly low supply continue to drive prices up.

If you’re in the market for a Colorado Springs home, give us a call today so we can set you up on email alerts to ensure you don’t miss the latest homes to hit the market. In this type of market, you have to be ready and able to move quickly. Remember, there are still some good deals on Colorado Springs foreclosures and short sales as well, but you nned to be working with an agent that knows the market.

You can reach our Colorado Springs team at 719-641-4209.

Found just north of 120th Ave off of Highway 36, Broomfield Heights homes are priced from the low $100’s to the high $200’s. The convenience of the easy highway access and the location equal distance from central Denver and Boulder make this area incredibly popular.

HUD released a new foreclosure in this neighborhood earlier in the week, and we wanted to spotlight it here. The new offering from HUD has 4 bedrooms, two baths and over 1,700 square feet. This tri-level home has wood floors, a formal dining rooms and a wood stove – all for under $180,000!

Bids on this home, like most Denver HUD homes, will be accepted from owner occupants for the initail 10 day listing period. If you are interested in seeing the home or placing a bid, contact one of our HUD registered agents at 303-726-1874 as soon as possible. This home will sell fast at this price and we expect to see several bidders.

Broomfield Heights Homes for Sale:

HUD Owned Home 325 hemlock st broomfield 80020 $178,000.00 est $

Beds: 4 Fin Sq Ft: 1733 Baths: 2 Year: 1958 Acres:0.19 # of Photos Avail: 5 V-tour Available: Yes MLS #: 1177397 Status: Active Listing Office: re/max traditions

Broker Remarks: great potential on a quiet street in south broomfield. open and sunny tri-level home with nice separate of living space… more…

The process for bidding on HUD homes is different than other Broomfield homes for sale. Initial bids must be placed with a registered HUD agent through their online system. Once an offer is accepted, a complete HUD contract must be filled out.

For mre details on HUDs or other Broomfield foreclosures give us a call today.

The Green Valley Ranch area has seen a huge surge in activity over the past few months. Our agents have been involved in bidding situations where over 20 buyers have entered bids on Denver HUD homes in this neighborhood.

Earlier in the week, HUD released a new listing in the neighborhood, and this home is a tremendous value. This three bedroom, 3 bath home has nearly 1,500 square feet and is priced at only $145,000. We expect to see multiple bids on this home, so if you think this might be the one for you, call us today to see it before the bidding period expires: 303-726-1874.

Green Vallley Ranch Denver Homes

HUD Owned Home 5544 halifax st denver 80249 $145,000.00 est $

Beds: 3 Fin Sq Ft: 1495 Baths: 3 Year: 2008 Acres:0.06 # of Photos Avail: 5 V-tour Available: No MLS #: 1176025 Status: Active Listing Office: great way re exclusive prop…

Broker Remarks: buy me! great deal for this home in green valley ranch! just a minor touch will make this home shine. spacious throughou… more…

Again, the bidding on HUD homes is different than the bidding on other Denver foreclosures. Your agent must be a registered HUD bidder (we are) and the bid submission process is different from any other contract  / bid. Call us today and we can explain all of your options for looking at Denver homes and help you make the most informed choice.

Kentley Hills is located in central Highlands Ranch just south of Highlands Ranch Parkway and west of Fairview Parkway. The neighborhood itself contains two elementary schools (Heritage and Summitview) as well as the very popular Dad Clark Park. Homes in the neighborhood range in price from the high $200’s tp the low $700’s depending on size and finishes.

Over the past 6 months, the activity in Kentley Hills, as with most Highlands Ranch homes, has been slow due to incredibly limited inventory. As we approach the Spring / Summer season, we are slowly starting to see more homes hit the market.

Our team is working with several buyers and sellers in this area, and in preparing our reports for these clients, we compiled the latest market statistics for the entire neighborhood. Please keep in mind, that as with most neighborhoods in Highlands Ranch, many agents fail to list neighborhood information correctly when they list a home in Kentley Hills (The MLS auto-populates homes in this area with the subdivision name “Highlands Ranch” and an agent must manually change the neighborhood to “Kentley Hills”.) Because of this, not all homes will be counted in reports such as this. If you would like our team to prepare a detailed report for a specific street / area of the neighborhood, please contact us at 303-726-1874.

Kentley Hills Highlands Ranch Sold Homes:

 Based on information from Metrolist®, Inc. for the period November 2012 through April 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.