Our Bloggers
Denver & Suburbs
Larry Hotz - Selling nearly 1000 homes since 1978, Former Managing Broker and Faculty Member, Colorado Association of Realtors. Follow Larry on Twitter
Littleton & SW
Dennis Martin - Another Dad/Daughter Real Estate Team sells homes throughout Denver's Southwest Suburbs. Dennis also managed a real estate company and sold homes for over 30 years.
Erie, Niwot, Northwest
Paula King
- a Certified Residential Specialist helping folks in Denver's north suburbs.
Downtown Denver
John Ludwig - Lo-Do, Business District, City Park, John lives in and knows the city.
Douglas County
Doug Hutchins - Doug lives and works throughout Douglas County including Castle Rock and Parker. He's a long-time Realtor with local knowledge about issues in Douglas County.
Aurora Real Estate
Lon Welsh - Lon knows Aurora, Denver and South suburbs. Plus, he analyzes and sells investment properties!
West Denver
Melody Rivera
- and Kentwood City Team sell homes in Highlands, Lakewood, Westminister. She is also past President of The Denver Board of Realtors.
Longmont & North
John Callis -
Broker since 1982 in Denver's northern suburbs. Lives in Boulder.
First Time Homes
Elizabeth Hotz
- Purdue grad and broker since 2005, Liz has lived in both the City and Suburbs. She know the best places for first-time buyers.
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Happy New Year’s Market
By Larry Hotz, All Denver Real Estate Senior Editor
On New Year’s Eve I was reflecting back on 2008. I counted a lot of blessings until I started pondering the Denver real estate market. There wasn’t all that much to be grateful for in 2008 in our real estate market. In particular, the interest rates on nonconforming, Jumbo mortgages above $417,000 rose to nearly 9%.
But I did manage to find a couple of silver linings and more than a glimmer of hope for the 2009 real estate market. Here’s the video blog I recorded and some analysis on page 2.
Foreclosures and Short Sales
By Larry Hotz, All Denver Real Estate Editor
Some Colorado Counties, like Adams and Weld, have suffered from massive foreclosures and short sales. In a short sale, some of the mortgage loan debt is excused by a lender just to sell a property at a lower price. This year, the Colorado Real Estate Commission is addressing these issues by requiring new forms and teaching Realtors how to use them in its Annual Update Class.
Wisdom From Santa
By Montana Grey, Mindset & Motivation
( Dennis Martin: I received this charming story of the Season from a friend of mine. She said I could share it with you. Sometimes, I think we in this Blog are viewed only as Realtors. But, the message here is for us all especially in these times!)
Samantha slept and she dreamed. In her dream, she was in the North Pole, watching as Santa and his elves made ready the presents for children worldwide.
Santa was whistling and the elves were all singing to themselves. Samantha tapped Santa on the shoulder.
“Santa, I need to speak with you. Read more
Business Brokerage
by David Lewis, ProForma West, Guest Blogger
(Ed: Business Brokers sell only businesses. They are a specialty unto themselves because they deal with business property which can be either real estate or not. So, UCCC regulations are involved that are outside the expertise of almost all residential real estate brokers. David explains what he does as a Business Broker representing either Buyers or Sellers)
David Lewis, Business Broker, works with Proforma West
The Colorado Real Estate Commission licenses business brokers in the same way it licenses real estate brokers. The license is exactly the same and enables the State to oversee business broker activities. Another reason for the license requirement is that generally a lease will attach to the deal, and occasionally transactions will include the sale of real estate. Read more
November Market
The average home price in Denver declined 3% between 2006 and 2007, from $312K to $303K. The first eleven months of 2008 versus the same period in 2007 declined an additional 13% to $269K. However, there is a lot of variation from one city to the next. The average price of a sold home in Golden is up 6% while Fort Lupton is down 18%.
- Denver Real Estate Market Through November 2007/2008 Source: Your Castle Real Estate, Metrolist for all Graphs
Aurora Home Prices
By Lon Welsh, Aurora Real Estate
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North Aurora Colorado real estate. Click Image to enlarge.
Many people are closely following the national headlines for home price trends. Here in Denver metro, the average price of a single family home increased about 2% between 2005 and 2006. Between 2006 and 2007, home prices dropped 3% on average to $303,000. Looking at the first nine months of 2008 versus the same time period of 2007, prices have dropped 11% to $272,000. This is for Denver metro, and does not include Boulder or Colorado Springs. Read more
Boulder Brainiacs
By Paula King, Boulder Realtor
Once again Boulder has landed at the top of America’s “Best Cities.” Occasionally “lovingly” referred to as the People’s Republic of Boulder, for its strong individuality, it now can claim the title of “Best Educated City.”
University of Colorado helps Boulder rank first in education.
Forbes magazine rated Boulder number one. They based the ranking on the number of residents 25 and older with a bachelor’s (30%), master’s (17%), professional (3%) and doctoral (5%) degrees, according to the U.S. Census Bureau’s American Community Survey. The towns considered were all university, research or corporate havens with strong economics and low unemployment.
Aurora Market
by Lon Welsh, Aurora Real Estate
I think that the Denver suburb of Aurora, particularly the northern half of Aurora, is near the bottom of the market cycle. Positive market trends I have noted this year:
The Denver suburb of Aurora may have seen home prices hit bottom.
- Active listing count is steadily declining
- List prices and sold prices, on average, are pretty stable after a 40% decline in a few years
- Number of homes under contract is up
- The number of sales per month is increasing
- Marketing times have decreased
- The sold price as a percentage of list price has been steady (banks are getting better at pricing)
- Expired listings volume is declining
Boulder Lights Exchange
By Paula King, Boulder Realtor
Boulder's LED Christmas lights consume only 5% of normal power
Boulder, Colorado is certainly an innovative, creative and environmentally conscientious place to live.
Boulder has once again stepped up to its environmental image and drawn hundreds of residents to exchange their old holiday lights for LEDs. That’s the more energy efficient light source for all Holiday lights. Read more
Castle Pines North Market Holds Steady
By Doug Hutchins, Castle Pines North Real Estate Broker
Castle Pines real estate market held relatively steady in third quarter 2008
Through the first three quarters of 2008, 126 homes have sold in Castle Pines North, compared to 127 selling in the in the same period in 2007. The average sales price has dropped from $532,540 for all of 2007 to $496,866 for the first nine months of 2008, which is a 6.7% decrease.
However, due to the variety of home sizes in Castle Pines North, a Denver suburb, and the relatively few homes that sell each year, I prefer to focus on the average price per square foot, which helps adjust for the larger homes that sell. The average price per square foot has dropped only 2.48% from $175.58 per square foot to $171.22 per square foot.
Next »Larry & Our Team
As a Certified Residential Specialist and Broker since 1983, Larry knows how to care for each client individually. Between Larry and his team members, they know every neighborhood in Denver and all suburbs. Always work with the local pro - not a rookie agent. Trust us when quality counts.