Weekly Real Estate Update for 80121 (03-08-2018)


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Why Are So Many Trees Dying in Colorado?

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On a recent trip on I-70 to evaluate some land for a client, I was confronted with sad but beautiful image of red forests stretching for miles across the hills. The image of a red "evergreen" contrasting against the green scenery is mesmerizing at first until you take a closer look at red death destroying millions of trees in Colorado. Beetle epidemics across the western United States are becoming more obvious every season with entire landscapes turning red and brown as trees die. In northwest Colorado the beetle epidemics, triggered by extended drought in aging forests, are intensifying at an alarming rate, and there is little that can be done to stop them. Actions can be taken to protect high value areas such as ski areas, developed campgrounds and trees in people’s yards. Hastening Death: Pine beetles carry a fungus on their body and legs. Once they enter the tree, the fungus multiplies and spreads. This blue stain fungus blocks the transport of water up the tree’s trunk ...
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Is summer the best time to buy or sell a house?

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Summertime in the housing market brings countless buying and selling opportunities. But with all the competition out there, would people be better off waiting a few months? Real estate experts say no. They contend home prices peak from June to August and say there are advantages to buying during the market’s busiest season. But some agents disagree: A huge myth about the real estate market is that homes sell for more in the summer and less in the winter. This is simply not true. Other forces play a role in the asking price, such as the amount of homes for sale in an area, interest rates, and the job market. There are more homes on the market in summer than in the winter, and there is also a higher number of sales in the summer than the winter. Broader inventory means more choices, making buyers feel more confident in their search because additional properties hit the market every week, the large inventory offers significantly more opportunities for purchasers to identify specif...
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Spring housing: 'Strongest seller's market ever'

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Even as more homes come on the market for this popular sales season, they're flying off fast. Home prices have now surpassed their last peak, and at the entry level, where demand is highest, sellers are in the driver's seat." Spring home buyers are pounding the pavement at a furious pace, but the pickings are getting ever slimmer. Even as more homes come on the market for this traditionally popular sales season, they're flying off fast, with bidding wars par for the course. Home prices have now surpassed their last peak, and at the entry level, where demand is highest, sellers are firmly in the driver's seat. "I've been selling real estate for 14 years and this is the strongest seller's market I have ever seen in my entire real estate career. A lot of our sellers are optimistically pricing their homes in today's market, and I have to say in most cases we're getting the home sold anyway. Some of the listings are intentionally listed a litt...
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10 Quick Kitchen Renewal Ideas

During these winter months, when you cannot go outside and work on your home’s exterior or plant in the garden, you can nevertheless make use of your time inside, especially in the kitchen. Perhaps your faded kitchen needs a new and creative touch. Many homeowners don’t even like to spend time in the kitchen because it’s so gloomy, but they have limited time and finances to make improvements. Fortunately, kitchen renovations do not have to drain your budget, take a lot of time, or create a total upheaval in your kitchen. Try one or all of the following tips for a quick kitchen renewal. 1. Try Painting Paint works wonders on everything. A dull room can be transformed into a vibrant, clean atmosphere with just a few strokes of a brush and a gallon of paint. If your old wood-tone cabinets fail to catch your eye, try spray-painting them with a very glossy white or hand-painting them with an oil-based paint in creamy white. For only a few dollars, you can paint your cabinetry, creating...
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Myths about home inspections in Colorado

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