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Greenwood Village, CO Real Estate News

By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
Buying a home in Greenwood Village CO - Dissecting the offerYou are buying a home in Greenwood Village CO and you have found the house you want to call home. You are ready to proceed with an offer. So what is this offer? What goes into it. It is 11 to 16 pages long (depending on what template or software is used). Let's look into the contract a little bit more.This is part 5 of 7 part series about Buying a home in Greenwood Village ColoradoThe offer - Contract to Buy and Sell Real Estate This Contract to buy and sell Real Estate is a Colorado Real Estate Commission approved form and one of the documents that must be used. It is our job to know this document/contract even in our sleep. Instead of going through the whole contract which is more difficult on paper than face-2-face - we'll h...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
Buying a home in Greenwood Village CO - Let's write an offerBuying a home in Greenwood Village CO. Now you have been looking at houses. Maybe a few, maybe a few more. You walked into one house, it spoke to you, and you want it. What happens now? It's time to write an offer.This is part 4 of 7 part series about Buying a home in Greenwood Village ColoradoPrior to writing an offerWe once more look at the pricing of the home including sold comparables. We look at other stats too: how long has the house been on the market, what is the motivation of the seller etc. We call the listing agent for additional information and disclosures (if they were not available otherwise). Doing all this puts you in the best possible position when negotiating the purchase.A Few Pointers1. Sometimes, as a buyer...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
The Preserve Greenwood Village CO Home Sales & Real Estate Trends Jul 09 Two houses sold in The Preserve in Greenwood Village in July, which is a large drop from July of 2008 when six houses sold. The trend of houses staying longer on the market continues. The average sold price is steadily lower than what it was a year ago.  The Preserve, Greenwood Village, Arapahoe County, CO May Jun Jul 09 Closed Sales 1 1 1 Average Sales Price $750,000 $1,675,000 $1,097,500 Median Sales Price $750,000 $1,675,000 $1,097,500 % of Original List Price 86.2% 63.2% 89.4% Average Days on Market 108 640 90 Average Price /sq ft $262/sf $377/sf $279/sf Pending 2 4 3 Number of Active Listings 31 28 29 New Listings 2 2 3 Days on Market = total days on market.The Preserve Home Sales comparison 2008 vs. 2009From ...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
Greenwood Village CO Real Estate Home Sales JULY 2009 Greenwood Village CO Home Sales have moved above last year's level (year-to-date). This is great news as many other Metro Denver areas are showing declining sales compared to 2008. However the houses are staying on the market longer and yielding lower percentage of asking price than in 2008. Average Price per square foot has declined as well. What does this mean. PRICING TO SELL IS VITAL! Obviously condition of the home and location are important factors, but PRICING is #1.Greenwood Village, Arapahoe County, CO Apr May Jun 09 Closed Sales 5 17 17 Average Sales Price $750,000 $693,499 $815,929 Median Sales Price $674,900 $700,000 $875,000 % of Original List Price 94% 88.5% 86.2% Average Days on Market 88 205 253 Average Price /sq ft $...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
Buying a home in Greenwood Village CO - Ready, set, go - Looking at HomesBuying a home in Greenwood Village CO and you are ready to start looking at houses. Fun and exciting right? Most of the time it is. However, sometimes when buyers are not really prepared and they end up looking at a house after a house (for whatever reason) it can get frustrating and tiring. The more prepared you are the more fun you will have in search for your new home in Greenwood Village.This is part 3 of 7 part series about Buying a home in Greenwood Village ColoradoREADY - Making a ListBefore we actually head out to view houses we make a list of houses to see on that outing. One of two things usually happens.1. You give us a list of homes you would like to see. A list of MLS #'s is perfectly fine or addresses...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
Buying a home in Greenwood Village CO - Buying with cash or getting a loan?Now that you have thought about buying a home in Greenwood Village CO and are getting more and more excited about the idea of finding your new home, an important factor of buying a home needs to be address - How are you planning on funding your home purchase? It may mean getting pre-approved for a loan or a mortgage or if buying with cash, providing a proof-of-funds document.Pre-approval | Lender Letter | Proof-of-fundsCASH - Purchase | Proof-of-FundsIf you are buying with cash you will need to provide to the seller what is called Proof-of-funds. It is a document, from your financial institution that shows that you have the money needed to purchase a home with cash. It may be a bank statement, or letter from the ...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
Buying a Home in Greenwood Village CO ~ Part 1 Checklist of Choices You are thinking about buying a home in Greenwood Village CO. Before you even start seriously looking at homes you probably have an idea of what your dream home will have and what it looks like. You probably know what type of home you would like. How about what you need in a home? or what you would like to have in your new home? There are so many choices when buying a home in Greenwood Village, CO. Two story, ranch style, cherry cabinets, oak cabinets, wood floors, tile floors, fixer up, updated... A lot of choices! What features are important to you? You may find it helpful to make a checklist of things you need to have and would like to have in a home. This way you can zoom into the features you must have versus just ...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
Pediatrician in Greenwood Village COLooking for a Pediatrician in Greenwood Village CO? Greenwood Pediatrics is located just south of Denver Tech Center and North of Park Meadows Malls, convenient for residents of Greenwood Village. Greenwood Pediatrics have two other South Denver offices as well, one in Littleton and one in Parker. The doctors come highly recommended by parents. Most of the time when the conversation with friends and neighbors turns to children and pediatricians are being discussed about, Greenwood Pediatrics seems to be where many take their children. Greenwood Pediatrics has a team of Doctors and Nurse Practitioner's of approximately 20. What is really nice though is that your children get to see your primary physician and their assistant (alternating) + a cover doct...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
Home Cleaning Service in Greenwood Village COLooking for Home Cleaning Service in Greenwood Village CO? Total Cleaning Services offers full residential (and commercial) cleaning services. Fully licensed and bonded Total Cleaning Services will leave your house sparkling clean and fresh. The fee for home cleaning in Greenwood Village by Total Cleaning depends on the size of your home (number of bedrooms and baths etc.), but their prices are very reasonable. You can call for a quote and one of the sweet girls from the Total Cleaning Service can give you an estimate. As is typical - if you are look for more frequent cleanings (weekly, bi-weekly) the rate is lower.The General manager Adriana Castillo is really nice, hard worker and will go the extra mile to leave your house spotless. Total C...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
Greenwood Village Homes Sales ~Jun 2009 Greenwood Village Home Sales are at last year's level (year-to-date). This is good news as many Metro Denver areas are showing decline sales compared to 2008. All averages are down from last year: the average sold price, median price, percent of original price and price per square foot.What does this mean. PRICING TO SELL IS VITAL! Obviously condition of the home and location are important factors as well, but PRICING is #1. Greenwood Village, Arapahoe County, CO Apr May Jun 09 Closed Sales 10 5 17 Average Sales Price $684,765 $750,000 $693,499 Median Sales Price $668,500 $674,900 $700,000 % of Original List Price 84% 94% 88.5% Average Days on Market 142 88 205 Average Price /sq ft $209/sf $229/sf $223/sf Pending 19 25 22 Number of Active Listings...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
The Preserve Greenwood Village CO Home Sales Jun 09 One house sold in The Preserve in Greenwood Village in June. This house sold for only 63.2% of the original list price, that is almost a million dollar reduction from the original price. Homes are staying longer on the market this year compared in 2008 and on average selling for lower price per square foot and yielding a lower percentage of the original asking price.  The Preserve, Greenwood Village, Arapahoe County, CO Apr May Jun 09 Closed Sales 2 1 1 Average Sales Price $971,000 $750,000 $1,675,000 Median Sales Price $971,000 $750,000 $1,675,000 % of Original List Price 86.7% 86.2% 63.2% Average Days on Market 286 108 640 Average Price /sq ft $286/sf $262/sf $377/sf Pending 2 2 4 Number of Active Listings 34 31 28 New Listings 2 2 2...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
The Preserve Greenwood CO Village Homes for SaleThe Preserve Greenwood Village Homes for Sale as of Aug 1st, 2009 2:23 pm - 30 residential homes are on the market (detached single family homes). The average list price is $2,309,272. Three of the homes for sale are listed for under one million dollars. The average listed price per square foot is $442/sq ft. The average days on the market of the homes for sale in 288, ranging from a low four days to high of 1247 days on the market. Three new listings came on the market in July in The Preserve in Greenwood Village. As of Aug 1st, 2009   JUN JUL Active Listings 28 30 New Listings (in Jul) 2 3 All Pending sales 2 4 New Pending (in Jul) 2 1 Lowest Listed Price $719,900 $1,149,000 Highest Listed Price $8,900,000 $8,900,000 Lowest Price/sq ft $...
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By Bob Schenkenberger, Denver Real Estate
(Colorado Realty Professionals)
The 13th annual “Concerts at the Crescent” series is half over, but it's not to late to enjoy these free events. This weekly concert series is presented by the Goldsmith Metropolitan District, and feature 10 weeks of amazing outdoor performances by local bands. The concerts all FREE, and located at the Crescent Amphitheater. Located in Greenwood Village, at the corner of Belleview Ave. and DTC Blvd. (Just east of Yia Yia’s Euro Cafe), this outdoor venue is a great place to spend an evening!  To get there, take I-25 to Belleview Ave., Head east to DTC Blvd. (approx. 1 mile), turn right and follow the signs for FREE parking. All shows start at 7:00pm and last approximately to 8:30pm. The amphitheater is grass seating, so bring a chair or blanket and most people bring a picnic dinner. Adul...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
Greenwood Village Real EstateMarket Report ~ MAY 2009 MAY 2009 ~ Greenwood Village, Arapahoe County, CO Apr 09 May 09 New Listings 18 20 Pending Sales 19 25 Closed Sales 10 5 Total Active Listings Available 132 141 Average Sales Price $684,765 $750,000 Median Sales Price $668,500 $674,900 Average Price per Square Foot $209 $229 Average Days on Market 142 88 Percent of Original List Price 84% 94% More houses are currently under contract than the last few months. Typically in the summer "moving season" more houses sell. You usually also see houses selling quicker (less days on market) and for higher price per square foot. ALL OF OUR MARKET REPORTS CAN NOW BE FOUND AT KENNAREALESTATE.COM May 09 Closed Sales in Greenwood Village # of Closed SalesYear-to-date 2006 56 2007 56 2008 39 2009 37 ...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
The Preserve Greenwood Village Homes for SaleResidential Detached Homes, The Preserve Luxury Homes communityGreenwood Village, Arapahoe County, CO As of Jun 30th, 2009 JUN Active Listings 28 New Listings (in June) 2 All Pending sales 2 New Pending (in June) 2 Lowest Listed Price $1,149,000 Highest Listed Price $8,900,000 Lowest Price/square foot $289/sf Highest Price/square foot $979/sf Search Homes for sale in The PreserveHomes for sale in Greenwood Village (includes detached and attached homes)Foreclosures in Greenwood VillageIf you would like more information or would like to go view any of the available homes you can contact us via e-mail or call Brian Direct 303.710.2609FOLLOW GREENWOOD VILLAGE REAL ESTATE NEWS ON TWITTER*Disclaimer: Data based on information from Metrolist, Inc. f...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
Greenwood Village Homes for SaleResidential Detached Homes, Greenwood Village, Arapahoe County, Colorado As of Jun 30th, 2009 APR MAY JUN Active Listings 132 141 147 New Listings (in June) 18 20 30 All Pending sales 19 25 21 New Pending (in June) 13 4 11 Lowest Listed Price $347,900 $339,000 $379,900 Highest Listed Price $8,900,000 $8,900,000 $8,900,000 Lowest Price/square foot $132/sf $157/sf $140/sf Highest Price/square foot $1184/sf $1184/sf $1184/sf Homes for sale in Greenwood Village (includes detached and attached homes)Foreclosures in Greenwood Village If you would like more information or would like to go view any of the available homes you can contact us via e-mail or call Brian Direct 303.710.2609FOLLOW GREENWOOD VILLAGE REAL ESTATE NEWS ON TWITTER*Disclaimer: Data based on in...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
Greenwood Village CO Homes ~ The Preserve Market Report ~The Preserve Luxury Homes ~ APRIL 2009 The Preserve, Greenwood Village, Arapahoe County, CO Mar 2009 Apr 2009 New Listings 5 5 Closed Sales 2 2 Pending Sales 4 2 Average Sales Price $2,310,000 $971,000 Median Sales Price $2,310,000 $971,000 % of Original List Price 91.8% 78% Average Days on Market 414 202 Average Price per square foot $528/sf $286/sf Inventory of Active Listings 29 34 Days on Market = total days on market. Number of new listings was not tracked in 2007/08. The Preserve Homes for Sale/on the market Houses currently on the market (as of Apr 1st) 34 Lowest Listing Price $759,900 Highest Listing Price $8,900,000 Lowest Price per Square Feet $289/sf Highest Price per Square Feet $979/sf   Only one house is for sale in ...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
Greenwood Village Real EstateMarket Report ~ APRIL 2009 April 2009 ~ Greenwood Village, Arapahoe County, CO Mar 09 Apr 09 New Listings 33 18 Pending Sales 16 19 Closed Sales 8 10 Total Active Listings Available 140 133 Average Sales Price $1,023,245 $684,765 Median Sales Price $661,650 $668,500 Average Price per Square Foot $294 $209 Average Days on Market 211 142 Percent of Original List Price 87.8% 84% Average and median prices are and have been declining for awhile. Higher price range homes are selling far less compared to the homes under $500,000. The same can be said about the percentage the seller received of the original asking price. In 2007 the average percent of list price was 95.6% - now 84%.  Can your house be sold? Honestly, yes and maybe. Yes, if the price is right. Maybe,...
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By Bob Schenkenberger, Denver Real Estate
(Colorado Realty Professionals)
I just got this email from US Senator Michael Bennet.  Since it relates directly to the housing market, the local economy, and the $8000 tax credit for home purchases, I wanted to share it here. Dear Fellow Coloradan, We all know that the struggling economy has put enormous pressure on Colorado’s families and businesses. That’s why we passed into law the American Recovery and Reinvestment Act (ARRA) in February. This package will work to put our economy back on track, creating or saving 59,000 jobs in Colorado, making historic investments in education, and helping our state grow the new energy economy. In addition, the ARRA includes an expanded $8,000 first-time homebuyer tax credit for 2009 home purchases that will help to put money back into the pockets of middle class families while...
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By Bob Schenkenberger, Denver Real Estate
(Colorado Realty Professionals)
If you ask buyers what they are looking for in a home, it’s almost guaranteed they will mention “good flow.” But, what exactly does that mean? If you have visited a model home lately, you probably noticed how floor plans have changed in the last decade or so. [...] Continue Reading… To keep in the loop about Denver Real Estate Market Information, make sure and sign up for our feed.
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