I swear this house was for sale yesterday... The excitement for an increase in inventory is never long lasting for a Colorado real estate agent. It has been a heck of a roller coaster ride for a few years now. Just when the market looks like we are going to add a positive gain in inventory we go and sell all the existing listings. It is a wonderful thing for the sellers but it is rather annoying for our buyers out here. The other day I was talking to my buddy at Caliber Home Loans, Mike Sadowski, and we were looking at the new listings vs sales and we were kind of excited about what the numbers were showing. Then looking at it today and we basically sold those and then some! Instead of breaking it down to Evergreen, Conifer, Golden and Denver this week we will look at the Denver real estate market as a whole. We see on the chart to the right the numbers for the entire Denver MLS for residential activity over the last 7 days. This chart is pretty similar to what we have seen for year
Posts
Where do we start with Zillow?
Zillow is one of the worst company concepts ever thought up. The accuracy for Evergreen, Colorado and the rest of the Denver Foothills is so far off it is scary. It has been a company that has no regard for either their customer (as a person searching on the site you are not the customer the customer is a real estate agent that buys your information. More about that in a second) or the public. Let's start with how they screw the real estate agents. It has a business model that is designed to cannibalize the very people that made the company what it is today. They are trying to destroy the real estate industry. Why should that matter to you? Well Orson Hill Realty is a premier agent for Zillow. We have great Zillow reviews but that and $5 will buy you a cup of coffee. When an agent pays thousands of dollars a month to be a premier agent that cost is passed on to the consumer. It is hard for some agents to afford to be on Zillow and reduce their rates
How to find the Right Mortgage Company for Your Home Loan
Finding a mortgage company and lender that will lend on a mountain home in the Denver Foothills is sometimes challenging. It seems like there are national mortgage companies that are afraid to lend on a home in the mountains. They see the wildfires on the news and think the entire state is on fire. The truth is we rarely lose a structure from a wildfire. Some mortgage companies just don't understand this fact.
Why use a local Mortgage Lender? This means it is very important to choose a local mortgage company. One located in Denver, Evergreen, Conifer, Golden or the Denver Foothills. These mortgage brokers understand mountain homes. They understand wells, septic system, easements and encroachments. As lenders and mortgage loan officers, understand the big picture and understand the obstacles that other mortgage companies just don't get. If you are buying a home you will want to talk to some local lenders.
What are
Mistakes Sellers Make When Remodeling For Re-Sale
4 Common Remodeling Mistakes and How to Avoid Them When Selling Investing in your home by remodeling or renovating is an excellent way to increase its value . However, a significant renovation project can quickly turn into a disaster, especially for those who are inexperienced. Let's take a look at four of the more common home renovation mistakes that homeowners make and how you can avoid them. Home Remodeling Prior to Selling Mistake #1: Skipping The Permit Process The first mistake you will want to avoid is undertaking any home renovation without the required permits. While some remodeling projects will not require a permit, others will. Regardless, it is more than worth taking the time to do your research to ensure you do not run afoul of the law. A visit to the city's website or a quick phone call is all you will need to find out if a permit is required and how much it will cost. Mistake #2: Being Afraid A great way to ruin your renovation is to be too afraid to transform
Ask any real estate agent in the Denver Foothills and they will tell you the same thing, it has been a crazy couple years but things seem to be calming a bit. There has even been some chatter about a buyers market. Those two words have not been put together in the the Denver and foothills area in few years. Looking above at the number of active listings, you would think the sellers still have control. Well the homes are selling as fast as they are coming on the market. The last couple weeks we have seen some net positive gains in inventory but nothing huge. This is also a somewhat seasonal trend downward as well. A lot of Realtors in Evergreen and the Denver area like to say we don't really have seasonal trends but the numbers indicate a different story. Behind the actual data, the stuff they don;t really put into charts, such as multiple offers or crazy seller contingencies. Those of us real estate brokers here on the ground know things are shifting to favor the buyer
Weather you are buying or selling your home, both pay for your local real estate agent commissions. The reason it is considered to be having both parties pay is simple. The buyer is the one that brings the money to the table, with out the buyer there would be no money to take commission from. The seller is the one that (usually) sets the commission pay out structure in the listing agreement. The commissions technically come out of seller proceeds. At the closing table you will get a closing statement that has all the numbers and who pays what. It shows on the form that the seller pays the listing brokerage the commission out of the buyers money. The Agent and the Real Estate Brokerage The buyer and seller (in most cases) have their own broker. Each real estate broker is usually paid from the from listing brokerage company. There are situations in some real estate transactions that the structure is a little different but as a general rule this is how most real estate brokerages do
How Much is Your Home Worth in 2021?
https://youtu.be/J-vg48LfVO8 Real Estate Evergreen CO - real estate evergreen co - evergreen colorado real estate what is mountain living? listings evergreen colorado real estate conifer colorado real estate Indian hills colorado real estate evergreen co homes for sale Indian hills co homes for sale conifer co homes for sale real estate in evergreen real estate in conifer real estate in Indian hills real estate in evergreen colorado homes for sale Evergreen CO contact a conifer colorado real estate agent.... real estate evergreen colorado - evergreen colorado real estate Orson Hill Realty. residential real estate in evergreen ranges from older cabins to majestic homes on a large acreage along with some condos and townhouses.. who is the best real estate agent in Evergreen CO real estate companies - evergreen colorado real estate orson hill realty finding the best place to live in Colorado isn't easy because there are so many choices.... who is the best real estate agent in evergree
Choosing the right neighborhood in Denver and Denver Foothills
It is very important to understand that real estate agents in Colorado are not legally allowed to "steer" buyers to a specific neighborhood. We are not allowed to say "this neighborhood is where the crime is low and people are a specific color or ethnicity". The federal government has a lot of laws about this. We are also (for some stupid reason) not able to say "this area has the best schools in the area". They say this puts crappy neighborhoods at a disadvantage. I always felt that if you have crappy schools and want people to live in your area, fix your damn schools! We are technically not allowed to provide TRUE INFORMATION data on schools or crime to our clients. We are not allowed to provide info you can find online. We are however allowed to to tell you where to find the information. Possibly the biggest injustice the federal government does for home buyers. With that being said there are plenty of 3rd part websites such as Great Schools and Wikipe
600 Chateau V Evergreen CO Stunning Luxury Home in Evergreen 600
Best Luxury Real Estate in CO: 600 Chateau V Road Evergreen, CO - Luxury Living In the Denver Foothills 600 Chateau V Road Evergreen, CO is one of the most luxurious homes to hit the Evergreen luxury market in years. This amazing home has been listed for a little while and has been reduced in price over the last year or so . Why 600 Chateau V Road Evergreen, CO is the best luxury home in Colorado This luxurious property at 600 Chateau V Road Evergreen, CO has an incredible 10,000 square foot lot and is a rare combination of large lot size and mountain views. It is situated in the coveted Ken Wright Addition, a beautiful community filled with trees and winding gravel roads. The gorgeous rolling hills look like you’re a million miles away from civilization! It is one of the most beautiful homes to hit the Evergreen luxury market in years. This amazing home has been listed for a little while and has been reduced in price over the last year or so. This is fantastic luxury living located in
Things to do in Colorado
Top Ten Things To Do In Colorado Colorado has something for everyone. There are so many things to do, summer, spring, winter and fall. If you enjoy doing things outdoors Colorado is the best place for you. Hiking, skiing, kayaking or paddle boarding are a few things to do in Colorado. 1. Hiking Let’s face it, Colorado is gorgeous. The views, the trails, everything about the outdoors. Hiking is one of the best ways to explore Colorado. Rocky Mountain National Park is one of the most popular places in Colorado, and it is just 2.5 hours away from Denver. You can visit any of the national parks in Colorado by car and then on foot, you can take hikes that range from 2 to 14 miles. Other hiking locations in Colorado include, Arapaho National Forest, Bear Creek and Estes Park. Don’t forget about the world famous Wet Fartlek Run. 2. Paddle Boarding Everyone is obsessed with paddle boarding. It’s a lot of fun, it’s good for cardio and it is very relaxing. 2. Kayaking If you en
40-50% Referral Fees To You! - Evergreen - Conifer - Bailey - Morrison - Golden - Denver - Lakewood - Idaho Springs - Littleton Referral Structure... 0 % Under $28K GCI 0 % Over $28K GCI 0 % Over $50K GCI 30% or More for Your Referrals If you are a licensed agent or broker anywhere in the world I will pay you at least 35% for your referrals. This is a limited time and I won't offer this forever. I am the owner of Orson Hill Realty in Evergreen, CO. I work and am very familiar with the Denver, Denver Foothills and Front Range real estate markets. I can work as a buyer or seller agent and specialize in luxury homes and horse properties but will work on any size transaction. There are some stipulations that may make the higher GCI ones a little lower but the minimum is 30%. I will take care of your clients! I understand how hard it is to find someone to take care of your clients like
Escalation Clause - Should We Accept an Escalation Clause From a Buyer?
One of the most incredible tools the real estate gods gave us was an escalation clause. I have no idea why a seller would not accept an escalation clause even in a sellers market. I don't think the question should be "should I accept an escalation clause?" the question should be "why the hell wouldn't I accept an escalation clause?" What is an Escalation Clause in Real Estate? Let's start out with the definition of an escalation clause. An escalation clause is an amazing tool that really does benefit both parties. It is a clause that is put in additional provisions. It basically states if there are multiple offers the buyer will "escalate" their offer at a specific value above the closest competing offer. In other words the escalation purchase price starts at $800,000. The biggest and most important part is the cap. So you then say the cap will be $900,000. That is the maximum amount the buyer will pay. You then st
Chicago Title.. Title Insurance Title insurance provides you the assurance that possible clouds on title to the property you are purchasing have been called to your attention and that such defects can be corrected before you buy. Additionally, it is insurance that if any undiscovered claims covered by your policy arise out of the past to threaten your ownership of real estate, it will be disposed of, or you will be reimbursed exactly as your title insurance policy provides.How to get it.Opening a title order is easy, and can be handled using our simple Place an Order form found here on the website, or by contacting your Account Executive. Simply provide us with the buyer and seller names, the property address and a photograph of the first page of the purchase agreement. Then leave the rest to our team of specialists. PHONE: (303) 670-8523 32065 Castle Ct, Suite 200Evergreen, CO 80439 Website What it does.Competent funds disbursements, purchase contra
Morrison Colorado - Attractions, things to do and everything you need to know
Morrison Colorado: Best Places To Visit, Top Attractions, Things To Do in Morrison
Morrison Colorado is tucked away in the Denver Foothills just "up the hill" a bit from Denver and down the road from world-class skiing. More than just the home of world famous Red Rocks Amphitheater, Morrison has so much to offer active people and those that love great restaurants and good entertainment in Downtown Morrison.
Best Places To Visit in Morrison Colorado
The resort village of Morrison is an ideal family vacation destination in the heart of Colorado's Front Range. The town is a mile or so off the highway at exit 96 and is a short trip from Denver and Vail. Morrison has lots to offer including Red Rocks Park & Amphitheater, Buffalo Bill State Historic Park, Snake River Ranch, and many others. Most of the lodging in town is located on Main Street just a short walk to downtown shops and restaurants. Main Street and South Town Plaza is a great place to get groceries and
Is the market starting to level off and give the buyers a little more control? Came across some very interesting data today while drinking my morning coffee. There have been a lot of price reductions notifications coming across my desk the last week or two. This has been very uncommon lately. For a very long time the market has not seen many reductions in price. That doesn't always mean anything. There have been a lot of sellers listing their homes over value and knowing they are over value. They are sometimes testing the market. Looking at the chart there are a few things that should be noted. The chart is the closed price ratio to the list price. Meaning the original list price to the amount the sellers actually walked away from the closing table with. There is nearly a 4% decrease since April of last year. It is also important to keep in mind these are trailing numbers buy at least a month. Reason is about 30 days is the average close in our real estate market. The MLS doesn
Beautiful Denver, Colorado is a great place to buy property and start a family. From its breathtaking views to its diverse job opportunities, it’s not hard to see why many people are drawn to this unique region. Here are a few of the highlights the Centennial State and its capital, in particular, have to offer.
Looking to Buy Property? 3 Key Benefits of Living in Denver
1. Experience Nature at Its Finest
If you’re an outdoor enthusiast, you’ll find paradise in Denver. With its nearby mountains, there’s no shortage of activities to invigorate you and get your blood pumping. Between skiing, snowboarding, hiking, rock climbing, white water rafting, and ample opportunities for camping, you'll never run out of ways to experience the great outdoors. Kids can grow up exploring nature. Plus, it provides easy access to Breckenridge, Creek, Keystone, Crested Butte, Buena Vista, and more for a convenient weekend getaway.
2. Take Advantage of Job Market Growth
Denver has ample career
Evergreen Colorado Homes for Sale - Low Inventory
Real estate Agents in evergreen Colorado see the lowest home inventory in years. Real estate agents in Evergreen at our real estate company, Orson Hill Realty, can help you search for your new home. They also help you to complete all the formalities and transactions for selling and buying homes. They can help you a lot to get your dream home. Real estate was in appreciation in Colorado, and it's around areas. But currently, the real estate agents in evergreen co see the lowest home inventory in years then never saw before. Many times realtor predicts that it will not go down further, but it does again and again. In previous years, some balance was found when the buyer and sellers of homes were equal, but it went down than expectations. https://youtu.be/vgwDMmqdeKI Evergreen CO Homes for Sale Not many Colorado homes for sale: Real estate agents looking frustrated around Colorado. It is not only about real estate agents in Colorado; all other real estate agents also said
Builders, in an effort to combat the dual problem of an increasing population and a declining availability of prime land, are increasingly turning to common interest developments (CIDs) as a means to maximize land use and offer homebuyers convenient, affordable housing. The two most common forms of common interest developments in many states are Condominiums and Planned Unit Developments, often referred to as PUDs. The essential characteristics shared by these two forms of ownership are: - Common ownership of private residential property
- Mandatory membership of all owners in an association which controls use of the common property
- Governing documents which establish the procedures for governing the association, the rules which the owners must follow in the use of their individual lots or units as well as the common properties
- A means by which owners are assessed to finance the operation of the association and maintenance of the common properties Before continu