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48% of Homes Sell in Less Than a Month in 2017

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Forty-eight percent of homes sold in March were on the market for less than a month, according to housing data from the National Association of REALTORS®. The average for all sold properties, though, was a little higher, at 34 days. Still, that's down significantly from 47 days a year ago, according to NAR. Nondistressed homes spent a median of 32 days on the market, which is the shortest length of time since NAR began tracking such data in May 2011  reveals that the following metro areas had listings on the market the shortest amount of time in March: San Francisco-Oakland-Howard-Hayward, Calif.: 25 days Seattle-Tacoma-Bellevue, Wash.: 28 days Denver-Aurora-Lakewood, Colo.: 28 days Vallejo-Fairfield, Calif.: 31 days With strong buyer demand supporting shorter times on market, home prices are rising as well. The median existing-home price for all housing types was $236,400 in March, up 6.8 percent from a year ago. "Last month's swift price gains and the remark...
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8 Things You Need To Know About Buying A Home

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I am a realtor and real estate investor based in Centennial, Colorado, With over 15 years of experience,  I aim to help homebuyers make smart, strategic purchases. I advises first-time and “experienced” buyers alike to build a team of experts, scrutinize their finances, and remain in control throughout the process. Buying a home or investing in real estate is one of the most expensive and life-altering decisions most people make. Since it's not a topic that's heavily touched upon in school, most people end up "winging it" and learning on the fly. Sure, that's one way to approach it. A better way is to get familiar with important concepts and practices that can help you make sound buying decisions and avoid costly mistakes. As a real estate agent, investor, and coach, I've been through countless transactions with clients. My goal is always to provide a framework for buyers to make smart, strategic purchases. Here are my eight best pieces of advice for ...
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NO-COST, LOW-COST ENERGY SAVING TIPS in COLORADO

1. Weatherize your home and save up to 10% of your heating and cooling costs. A handy homeowner can seal up holes to the outside by weather-stripping doors and window, and sealing windows and gaps along the home’s foundation. 2. Set your thermostat to 68°. Your heating system will operate less and use less energy. Turn your thermostat down 5°at night or when leaving your home for an hour or more to save up to $70 on energy costs each year. 3. Install low-flow showerheads and faucets. It really helps! 1.8-gallon per minute showerheads can reduce your hot water consumption by as much as 10%. You’ll see savings up to $6 per year for a sink faucet aerator and $30 per year for a showerhead. 4. Switch to compact fluorescent light (CFL) bulbs. They cost a little more, but you can save about $50 over the life of just one bulb.
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Property Taxes in Colorado How are they determined and what can I do about it?

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Colorado’s system of real property taxation can leave homeowners confused and frustrated. This may be especially true if a homeowner receives a Notice of Valuation reflecting an unexpected increase in the value of his or her home which results in an increase in taxes owed. This article will provide an overview of the process by which property values are determined for the purposes of taxation and the options for homeowners who believe their properties have been incorrectly valued. Colorado has a two year cycle for valuing real property for the purposes of assessing property taxes. In odd years, properties are revalued; even years are considered “intervening years” and properties are generally considered to have the same value as in the prior year. In intervening years, notice of the value of property is often contained in a short form along with the property tax statement issued in January. However, in odd years assessors are required to mail a Notice of Valuation, or NOV, to taxp...
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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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