Your Source For Metro Denver Real Estate News & Market Trends

Denver Realty Pro, LLC Real Estate Blog and News Source.

We are passionate about all things real estate. Our real estate market is always changing. Our blog covers everything from local real estate news, market statistics, home values and things happening across the metro Denver real estate market. We care about the community and love helping people find their place in it.

We always want to provide helpful content for our readers. If you have an idea for our Blog, please let us know. We'd love to hear from you! 

Feb. 29, 2020

Happy Leap Day!

Brought to you by Scott Beard.
 
ruler
 
Happy Leap Day!
An extra day means extra time to do whatever you love most. I hope your leap day is filled with the people, activities, and things that make you "leap" for joy.

For quality real estate service 366 days a year, I'm just a phone call away.
 
personal photo
Scott Beard
Managing Broker/Owner
Denver Realty Pro LLC
ER100017548
Mobile: 720-935-9406

Scott@denverrealtypro.com
www.DenverRealtyPro.com
Posted in Holiday Greetings
Feb. 22, 2020

February Home Care Tips

Home Care Tips February
 
You can keep your home in top shape with simple tasks throughout the year. This month, be sure to:


  1. Clean the vent duct for your clothes dryer. Fires created by clogged dryer vents are one of the most common causes of house fires.
  2. Test your smoke detectors and carbon monoxide alarms.
  3. Make sure you and your family members know the location of all gas shut-off valves.
  4. Examine your thermostat. Clean the heat sensor, contact points, and contacts; check your thermometer's accuracy and replace if necessary.
  5. Pull out your refrigerator and clean behind the unit. Be sure to clean off the coils.
  6. Replace or clean furnace filters.
  7. Check your fire extinguishers. Refill or replace as needed.
 
  As always, I appreciate referrals from my friends and past clients. If you know of anyone who is looking to buy or sell real estate, please send them my way!  
personal photo
Scott Beard
Managing Broker/Owner
Denver Realty Pro LLC
ER100017548
Mobile: 720-935-9406

Scott@denverrealtypro.com
www.DenverRealtyPro.com
 
Posted in Home Care Tips
Feb. 18, 2020

Market Watch January 2020

January 2020 Market Stats From REcolorado

Another Year And Another Strong Start

January started off with a bang with a 9% gain in sales of January 2019. To assist with the demand Sellers brought nearly 5,000 new listings to the market marking a 2% increase.

Low interest rates and consumer confidence in the market are also factors in the strong real estate market the Denver Metro Area continues to experience. 

View More
Posted in Market Watch
Feb. 16, 2020

Epic Homes Painted Prairie Grand Opening Event

Epic Homes Painted Prairie Model Complex

Epic Homes Introduces Their New Painted Prairie Community In Aurora, CO 80019


In this month's New Home Community Spotlight, we are featuring Epic Homes and their newest community in Aurora called Painted Prairie.

Are looking for something a little out of the ordinary for your next home? Well the new Painted Prairie community by Epic Homes may be just what you are looking for! 

Epic Homes Model Home Complex Painted Prairie

EPIC HOMES KNOWS HOW TO THROW A PARTY

Epic Homes recently held a Grand Opening Event introducing the community. The place was packed!  I heard nothing but great feedback regarding the community, the floor plans and their stunning model homes. Everyone was impressed with the designs and especially the elevated outdoor living spaces offered on each floor plan.

View More
Feb. 9, 2020

New Listing 3843 Garnet Way Highlands Ranch CO 80126

 Under Contract

3843 Garnet Way Highlands Ranch, CO 80126 Denver Realty Pro LLC New Listing

3843 Garnet Way Highlands Ranch, CO 80126

List Price $512,900

Denver Realty Pro, LLC is proud to announce our new listing in Highlands Ranch, CO. This stunning two story 4 bedroom 4 bathroom home with finished basement has been completely updated! 

Upon arrival you are welcomed with great curb appeal. The home features professional landscaping with sprinkler system, newer roof, exterior paint and pave stone patio off the front bay window of the house.

This move in ready property features brand new carpeting throughout and hard wood flooring on the main level and finished basement.

View More
Posted in New Listings
Feb. 3, 2020

February 2020 Monthly Newsletter

February 2020
REAL ESTATE NEWS
Brought to you by Scott Beard
 
What's the skinny on jumbo loans?
decorative image

Let's talk about conforming loans vs. jumbo loans in the mortgage world.

The Guidelines
Each year in October, the Federal Housing Finance Agency, or FHFA, collects data on the national median home value and compares that number to October of the previous year. If there is an increase, the conforming loan limit will increase by the same amount.

In October 2019, the year-over-year median home value increase was 5.38%. Therefore, the conforming loan limit for a single-family home in 2020 will rise to $510,400, up from $484,350. The loan limits on multi-unit properties will rise to $653,550, $789,950 and $981,700 for a duplex, triplex and fourplex, respectively.

Should you apply for a jumbo loan?

Loan Differences
Loans amounts at or under these limits qualify as conforming loans. They "conform" to guidelines set forth by Fannie Mae and Freddie Mac. Conforming loans make up the majority of residential loans funded. Loan amounts that are above these limits are referred to as jumbo loans. With a conforming loan, lenders are able to sell the mortgage in the secondary market, replenishing their credit lines in order to make more loans. Jumbo loans have no such robust secondary market. When a lender approves a jumbo loan, it assumes the risk should the loan ever go into default.

View More
Posted in Monthly Newsletter
Jan. 28, 2020

Market Watch December 2019 and 2019 Year End Market Stats

Denver Real Estate Market Stats For December 2019 Plus 2019 Year End Market Stats

Denver Metro Year End Real Estate Market Stats 

Another year and decade is in the books. 2019 proved to be another strong year for Denver Metro Area Real Estate. The data showed that buyer demand was strong all year leading to more sales.  

Sales continued to show steady growth with a 4% gain compared to 2018. Sales were only 1% off from the 10-year high that was set back in 2017! 

2019 continued to show price appreciation, however the gains were slower compared to previous years. The average home price for 2019 was $486,595.  Buyers finally found some relief in 2019 with a 4% gain in inventory compared to the previous year. 

Here is some more detailed information below that dives in a little deeper into the 2019 year end number.   

View More
Posted in Market Watch
Jan. 22, 2020

Introducing Parker, CO Latest New Home Community Stone Creek Ranch

Stone Creek Ranch Grand Opening Event Parker CO

New Home Community Spotlight

In this month's New Home Community Spotlight, we would like to highlight Parker Colorado's latest new home community called Stone Creek Ranch. Stone Creek Ranch is being built by Taylor Morrison, KB Home and Richmond American. The community is located off South Parker Road and Scott Road. 

Taylor Morrison recently held their Grand Opening Event this past Saturday. The event was a big success and drew lots of attention.

View More
Jan. 16, 2020

Should I Buy Or Sell First?

Header Image
Buy or Sell First?

The classic dilemma for many homeowners is whether to buy or sell first. There is no “right” answer. It depends on your specific circumstances as well as current market conditions.

"It depends on your specific circumstances as well as current market conditions."

Most homeowners believe that it's more prudent and less stressful if you sell your existing home before you buy a new one. You can often get top dollar for your home if you are not under pressure to sell. And you're in a better position to negotiate when buying a home. If you have to make an offer contingent on the sale of your home, you often lose negotiating leverage.

The risk of selling first is that you'll be under pressure to buy a new home before closing. In a competitive real estate market, the period between going under contract and closing may not be a realistic time frame for you to find your dream home.

If you currently own a home, we should talk as soon as possible on what will be best for you in today’s market place. Give me a call today.
 
personal photo
Scott Beard
Managing Broker/Owner
Denver Realty Pro LLC
ER100017548
Mobile: 720-935-9406

Scott@denverrealtypro.com
www.DenverRealtyPro.com
 
Jan. 3, 2020

Denver Area FREE Days 2020

Looking For Things To Do In Denver? 

Looking for some fun things to do in 2020? What if I said you could do them for free? That's right a new year brings new opportunities and here are some great things you do for FREE this year!

 

Compliments of Scott Beard Denver Realty Pro, LLC 

Denver Free Days 2020 Brought To You By Denver Realty Pro LLC

Click On The Image To Download 
Posted in Free Events