March 2016 Highlands Ranch Newsletter



Highlands Ranch CO Neighborhood

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Northwest Denver Home Sale Statistics 2004 to 2008

2004 was a record year in terms of number of home sales in Colorado. So how do we compare in 2008? The Data included is for northwest metro Denver including: Broomfield (BRM), Denver North West (DNW), Downtown Denver (DTD), Jefferson County Central (JFC), Jefferson County West (JFW), Jefferson County North Central (JFN), Lafayette (LAF), Louisville (LSV), Mountain Gilpin County (MGC), Mountain Jefferson North (MJN), North Suburban West (NSW), and Superior (SUP). Click here for an MLS area map 2004 2006 2007 2008 Total Inventory 3,781 3,722 3,447 3,114 Sales YTD 2,375 2,185 2,266 2,015 Sold Price 262,366 276,191 274,713 261,451 % of List Price 98% 98% 98% 98% Average Days on the Market 85 98 110 108 Based on information from Metrolist. Homes and People does not guarantee nor is in anyway responsible for its accuracy. Data maintained by Metrolist (Denver MLS) may not reflect all real estate activity in the market.
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#Denver 1st City where housing prices exceed pre-recession levels

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Metro Denver has become the first major city in the mountain West — and one of only four nationwide — "to fully close the book on the housing crisis" "At the end of 2014, house prices in Denver reached levels last seen before the Great Recession," it says. "All of its regional [city] peers except Colorado Springs beat the national average in terms of house price growth over the quarter, reinforcing the region’s leadership in the national housing recovery." See article
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HOUSE FLIPPING: A BEGINNER'S GUIDE FOR SUCCESS

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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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Amazing home on a spectacular lot!

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⚠️ Important Market Update: The Douglas County real estate market has shifted significantly since this article was published. Whether you are looking to hold builders accountable on new construction or find hidden equity in a high-ROI cosmetic flip, you need current data. To get today's strategies and work with the best Realtor in Highlands Ranch , please visit my new official digital hub: Living in Highlands Ranch .  For Sale: 6071 S Franklin St. Centennial, CO 80121 $2.4M Once in a lifetime opportunity to purchase a special home on an amazing lot.  Most homes in this area are passed down from generation to generation and rarely come on the market!  A rare find with water-front property in Metro Denver.  Two acres with the Big Dry Creek running through your backyard.  Located less than 5 minutes to shopping, restaurants, and award winning Littleton Public schools. The home consists of 4 bedrooms and 3 bathrooms. 2200 Square feet above groun...
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