Real Estate News, Statistics, Advice about Buying, Selling, Financing and Maintaining your Colorado Home.
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I laughed so hard when I saw this picture. It has nothing to do with #RealEstate but if you have used the internet longer than 2 days I hope you will appreciate it as well.
Have you ever wondered how much water you need for your new trees? Follow this simple guideline for the first two or three seasons after you plant a tree. (This guide line is good for trees planted in Colorado or other area with similar climates) Watering session is 10 gallons of water per 1 inch diameter (trunk of the tree) Example: A 3" tree trunk needs 30 gallons per watering session. Spring: (Mar/May) one watering session every other week Summer: (Jun/Aug) one watering session every other day Fall: (Sep/Nov) one watering session every other week Winter: (Dec/Feb) one watering session every month (if no measurable snow)
Rent prices in Denver remained the 13th most expensive in the country this October, as one bedrooms slid 1.5% to a median of $1,300, while two bedrooms similarly were down 2.2% to $1,770. Despite this trend, prices in the city are still up between 1-4% this past quarter depending on bedroom type. In terms of neighborhood pricing, asking rents this fall ranged between $700-$2,300 for a one bedroom. The most expensive areas were centered around "the Golden Triangle" ($2,275), "LoDo" ($2,150), and the "Central Business District" ($1,735). More affordable prices could be found to the southwest and east, with neighborhoods primarily priced in the low $1,000’s for a one bedroom. "Villa Park" on the city's western edge, ranks as the most affordable neighborhood in Denver at $780 for a 1 bedroom in October. To see how Denver stacks up to the rest of the country, and view full rental data for the top 50 cities in the US, read the National Re...
The unofficial results from the June 10 mail-in ballot show the measure to institute Centennial's proposed home-rule charter passed resoundingly by a greater than 2-1 margin."My biggest comment is woohoo!" said an elated Cathy Noon, chair of the elected Centennial Charter Commission, which drafted the municipal constitution."I just want to say this is the most wonderful news for all of us," she told a roomful of cheering commissioners, city officials and other home-rule supporters at a victory party.The mood there already was ecstatic by 7:30 p.m., when initial results showed the charter passing by some 7,000 votes - a far cry from the razor-thin 316-vote margin that created the charter commission last November.Many on both sides of the contentious debate over home rule had predicted a close call either way, and few were certain that the charter would pass at all."I thought it would be closer than this," Noon said. "But I started to get a feeling ...
Thousands of new users log on to the Internet everyday, expecting quality information, easier communication and up-to-date notifications. What they don't expect, however, are hundreds and thousands of scammers who're out there trying to snatch hold of some innocent user's money. And why just new users? Even folks who've been around a while have fallen prey to the lure of a quick buck. To remain safe and scam-free, it's important to know what's real and what isn't. More importantly, don't be taken in for "once in a lifetime" opportunities. If it sounds too good to be true, it probably is. Here are some of the latest scams on the Internet that people are regularly falling for. The Nigerian (419) Scam There was a lot of heated discussion and numerous news reports on this one last year, but it still continues to grow. Basically, an "official" from Nigeria or some other country sends you an email telling you a sob story and offering a larg...
Flipping a house means buying a home with the intention of fixing it up and selling it within six months for a profit. Americans flipped 26,947 single-family homes in Q3 2014, accounting for 4 percent of all home sales in that period, according to real estate data firm Realtytrac. The average gross return for investors was $75,990 per home, up 2 percent from Q2. Flipping houses can be profitable, particularly when home values are rising and interest rates remain at historically low levels. The Federal Housing Administration stopped enforcing anti-flipping regulations—which prohibited insuring any home for less than 90 days—in 2010. If you're looking to get into the home flipping business, follow these four guidelines for the best chance of success. Build a Bankroll Everything in life requires money, and house flipping is no exception. You could take out loans to buy properties, but then you are just creating debt in the hopes of making money. A smart house flipper who w...
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