Denver Real Estate Blog

Aug. 23, 2017

How Do I Sell Mom and Dad’s House?

cleaning outThere isn’t a really good way to begin this post other than just stating the obvious. Our parents are aging and whether we are a Baby Boomer or Generation X kid, we are very likely going to have to face some hard decisions in the near future. Most often we are helping our parents move into senior communities or assisted living. In worse case scenarios, our parents have passed away. In either case, we are left with a home that needs to be emptied and sold.

It’s OK that it’s Hard

First and foremost, this may be one of the most challenging tasks of your life. Not only do you have to sort through decades of memories, you will need to make decisions that might be constantly second-guessed by other family members, neighbors, and friends. First, find a confidant you can vent to that isn’t involved and who you trust to give you sound advice. Second, make a plan with your family or whoever is helping. Finally, know this is tough and do your best to identify decisions which need to be made immediately and the ones that can wait.

boxesSo Much Stuff!

One of the first challenges is all the “stuff/treasures” in the home. It’s amazing how many things are acquired in just a few years; think of how much can accumulate in three or four decades. I always recommend the family coming together and deciding what should be done. If finances are important for senior living or health care, some items can be consigned or sold. If you want help hire an estate sale company or auctioneer. Costs of these services vary, so get multiple bids, read the contracts carefully, search online for reviews, and always check references.

Check the Shoes

Many of our parents had to live through some very hard times, some even the great depression. This is why they never let you throw away the last of the stale cereal. You might be amazed to learn that many depression children hide money, valuables, and jewelry. So, before you take all those shoes down to the thrift store, check the toes. I once helped a family clean out closets and we found over $1,000.00 stuffed in shoes. It seems that most people will hide their treasures where they can see them, so hidden money and jewelry is most often in the bedroom. Make sure you check suit pockets, books, and other small places. You never know what you might find.

Get Some Help

It may become more apparent after going through the house that the furniture, paint, wallpaper, and decorations make the house look dated. The challenge is understanding where to invest money or effort to bring it up-to-date. We’re experts in selling homes in the Denver Metro and we would be happy to talk with you and look at the home to see what can be done. You are not the first person that has gone through this and we understand how difficult it can be. Simply give us a call at 303-991-9878 or contact us. We’ll help you through this in a positive and caring manner.

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Posted in Selling your Home
June 28, 2017

4th of July Fireworks in Denver 2017

July 4th doesn't quite feel the same without a ton of fireworks, and one source of disappointment for many new Colorado residents is the ban that Colorado has on at-home fireworks. Although the city does offer a few shows to choose from — which are listed below in more detail — it is illegal to have the small fountains and other fiery, lovely goodness that many other states take for granted as part of their at-home annual tradition.

4th of July Denver 2017

If this is your first year here in Denver Metro, or if you've never attended the annual public firework displays in the past, here is a rundown of some of the best events for this 4th of July season. Of course, parking is usually at a minimum, and arriving well in advance to reserve a closer seat is highly recommended if you want to avoid extensive walking. Also, if you want to leave your car and sit on the grounds somewhere, optimal seating locations fill up almost as quickly as the parking lots!

If you intend to venture out and get a taste of Denver's firework shows this summer, it might be worth considering packing a picnic or supply bag of essentials before you go. This can include snacks, sunblock for sure, bug spray, bottles of water, a flashlight, and even a travel blanket. Few things are more frustrating than arriving at an event lasting several hours, out in public, but not being prepared with SPF and hydration!

All fireworks are expected to begin at approximately 9:30 pm!


WHEN: July 4th – Starts at 4 pm
WHERE: Lutz/Stengler Sports Complex
INCLUDES: Kids Play Zone, human “Hamster” balls, inflatables, live music, craft booths, games, face painting, and food & drink stands


WHEN: July 4th – Starts at 6 pm
WHERE: Town Center at Aurora
INCLUDES: Additional free activities


WHEN: July 4th – Starts at 3 pm
WHERE: Belleview & Cornerstone Parks
INCLUDES: FREE event (small fee for some activities and attractions) includes face painting, bungee trampoline, bounce castle and live entertainment


WHEN: July 4th – Starts at Noon
WHERE: Lions Park
INCLUDES: Lots of FREE rides and face painting beginning at noon; The Johnny O Band plays from 12:15 p.m. to 3 p.m., followed by Ryan Chrys & the Rough Cuts from 3:30 p.m. to 6 p.m. Something Underground takes the stage at 6:30 p.m.

watching fireworks in Denver


WHEN: July 4th – Starts at 6 pm
WHERE: Green Valley Ranch Golf Club
INCLUDES: XO Band FREE concert at 6:15 p.m.; then headliners The Rumour at 7:30 p.m. at Green Valley Golf Club; There is a free shuttle service from 10 locations from 6:15 p.m. to 10:30 p.m.


WHEN: July 4th – Starts at 8:45 am
WHERE: Town Center North
INCLUDES: At 4 p.m., the action moves to Highland Heritage Regional Park for balloon twisters, face painters, games, inflatables; shuttles run from Highlands Ranch High School and Rock Canyon High School


WHEN: July 4th – Starts at 7 am
WHERE: E.B. Rains Jr. Memorial Park (Across from City Hall)
INCLUDES: Pancake Breakfast, Pedals and Paws Patriot Parade; a 4-mile run, car show; bounce houses, pedal boats, Duck Derby; a bake sale, Beer Garden and a concert by Soul School. Food & community booths open at noon


WHEN: July 4th – Starts at 3 pm
WHERE: Cornerstone Park baseball field
INCLUDES: Food concessions available


WHEN: July 4th – Starts at 4 pm
WHERE: Carpenter Park Fields
INCUDES: Beer Garden & food vendors, Thornton Community Band performance at 5:15 p.m and Kory Brunson Band at 7:30 p.m.


WHEN: July 4th – Fireworks At Dusk!
WHERE: Elitch Gardens Theme & Water Park
INCLUDES: Free fireworks at dusk in addition to all the fun of a standard visit to Elitch gardens and water park (ticket required for entry to the Park)


WHEN: July 4th – Fireworks After the Game!
WHERE: Dick's Sporting Goods Park
INCLUDES: Colorado Rapids vs. Seattle Sounders at Dick's Sporting Goods. There is a free fireworks show visible via the parking lot outside


WHEN: July 4th – Fireworks After the Game!
WHERE: Sports Authority Field at Mile High
INCLUDES: Denver Outlaws vs. Atlanta Blaze. After the game, there is a free fireworks show at Authority Field at Mile High that is visible for miles around!

Have a happy and safe Independence Day!
We are always here if you need us.

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Posted in Denver Lifestyle
June 18, 2017

3 Funky Picnic Ideas for Families

Picnics and summer go hand-in-hand, and this time-honored tradition is a staple for many American families. While the classic wicker basket and checkered blanket are still fun, today’s families are challenging themselves to think outside the box. If you’re looking for a new angle or theme for your picnic outings, these family-friendly, outdoor-ready ideas should help get the creativity flowing!

Before you head out for a picnic, please make sure to check the laws and regulations for any Denver Metro park or public space that you intend to visit. Most have bans on glass bottles/containers, for example. And don’t forget the sunscreen!

Safari Picnic (Recommended Ages: 6-10)

The “Backyard Safari” trend has become very popular in the last few years, but there’s no reason to limit the safari to your own yard! Pack up a rustic-looking basket with tasty treats and consider pairing up your kiddos with playful, whimsical accessories like this epic Safari Cargo Vest, which allows them to carry their supplies on them (and not in your pockets), or this outstanding and useful Safari Field Canteen!

These Animal Print Gift and Goody Bags can also be loaded up with packaged treats or wrapped sandwiches, depending on your menu choices. Finger foods are where it’s at with picnics, and these Silly Snake Hot Dogs replace standard Pigs-in-a-Blanket with something perfect for a family out in the wild. With a little more pre-picnic prep time, these Ladybug Crostini could be a big hit with families who have kids more excited to hunt bugs than big game out in the jungle. Just keep them chilled until you’re ready to leave and use them as an appetizer when you arrive.

Zombie Picnic (Recommended Ages: 6–13)

This theme can be particularly fun for families that love Halloween because there’s lots of room for incorporating spooky decorations and accessories that have been carried over from one year to the next. Zombies are definitely a popular trend, both with younger children and even teenagers. Parents can scale the spookiness level accordingly, but consider donning some creepy face paint, some shredded old clothing, and preparing “gross” Halloween-inspired snacks appropriate for an undead family munching in the grass.

Zombie Bite Sleeves are a fast way to create a Zombie vibe, and don't miss these fun, playful Zombie Warning Sign Necklaces to make it clear to everyone nearby that your family is all together--and hungry for brains! These Witchy-Poo Fingers may look like severed fingers, but not to worry, they're actually a tasty dessert. Alternatively, try Monster Toes for an adaptation of Pigs-in-a-Blanket, and Spooky Eyeballs are a great spin on Deviled Eggs. And while your entire meal doesn’t have to be creepy, the combination of attire and some Halloween-inspired hors d'oeuvres can make a Zombie Picnic festive and fun!

Luau Picnic (Recommended Ages: 6–16)

A luau picnic is a theme that can be adjusted to accommodate youth of any age, giving even stubborn teenagers something to look forward to. This quintessential summer motif is a classic, but it’s also versatile and on-the-go friendly! A wicker picnic basket even works to carry your supplies. Inexpensive party supplies can help bring this tropical theme to life, and reusable, non-glass Plastic Hibiscus Drink Cups can be a colorful way to serve lemonade, tea, or ice water when you get to your picnic location.

No luau feels complete without leis! These tropical lei necklaces are a lovely, floral addition to beach-worthy outfits for your picnic outing. Grass skirts, woven picnic blankets, Hawaiian print shirts, and floral headbands are all great ways to complement this theme. If you want portable entertainment, younger kids might enjoy a round of ring toss with this Express Inflatable Flamingo Ring Toss Game. Regarding the menu, some made-ahead Char siu-glazed pork and pineapple buns make for miniature sandwiches that are travel-ready. If you’re in need of a tropical-looking dessert, these Sand Dollar Cinnamon Sugar Cookies look absolutely delicious!

What's your favorite picnic theme? Let us know in the comments!

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Posted in Denver Lifestyle
May 31, 2017

Denver Metro Farmers' Markets in 2017

Without a doubt, Denver is one of the best metro areas for families looking to get outside and enjoy the fresh air! Farmers’ markets are popping up all over the city now that summer's just around the corner, giving Denver natives, newcomers, and visitors alike the perfect opportunity to buy local, wholesome produce (and other goodies!) while spending quality time with their loved ones. No matter which part of the Denver metro you live in, there's likely a farmers’ market or two just around the corner.

These local favorites are an excellent opportunity to find the freshest ingredients, try new recipe components, discover handmade gifts (like soap, woven baskets, blankets, etc.), and enjoy the local Colorado economy. Just be sure to remember your sunscreen, because that summer sunshine is exceptionally strong here in the Mile High City--that includes lip balm, as well!

We've broken up the following list based on day of the week rather than location, so that you can do a daily circuit throughout the metro if you feel so inclined. Please note the starting/ending dates for these locations—each one’s season is a little different.


No current listings for 2017




1700 W. 10th Ave.
(303) 594-4420
June 13th - Sept. 26nd, 4 p.m. - 7 p.m.

Wheat Ridge

7043 W. 38th Ave.
(720) 560 - 6648
Year-round, 10 a.m. – 2 p.m.




4890 Argonne Way
(303) 523-7721
June 7th - Aug. 30th, 5 p.m. - 7 p.m. 


1st & University (Cherry Creek Shopping Center)
(303) 442-1837
June 14th - Oct. 28th, 9 a.m. - 1 p.m.


7301 S. Santa Fe (Aspen Grove Lifestyle Center)
(303) 887-FARM
June 14th - Oct. 11th, 10 a.m. - 2 p.m. or sell out

Wheat Ridge

7043 W. 38th Ave.
(720) 560-6648
Year-Round, 10 a.m. - 2 p.m.




Historic 25th Ave.
(720) 763-3010
June 29th - Sept. 7th, 5 p.m. - 8 p.m.

Wheat Ridge

7043 W. 38th Ave.
(720) 560-6648
Year-Round, 10 a.m. - 2 p.m.

Wheat Ridge

8235 W. 44th Ave.
(303) 887-FARM
July 6th - Sept. 28th, 10 a.m. - 2 p.m. or sell out




46th & Tennyson St.
(303) 477-3900
June 2nd - Aug. 25th, 4 p.m. - 7 p.m.

Wheat Ridge

7043 W. 38th Ave.
(720) 560-6648
Year-round, 10 a.m. - 2 p.m. or sell out




6155 S. Main St, #260 (Southlands Shopping Center)
(303) 693-3662
May 13th - Sept. 30th, 8 a.m. - 1 p.m.


1st & University (Cherry Creek Shopping Center)
(303) 442-1837
May 6th - Oct. 28th, 9 a.m. - 2 p.m.


1700 Wynkoop St. (Denver Union Station)
(303) 910-2236
June 3rd - Oct. 28th, 9 a.m. - 2 p.m.


25th Avenue (Between Federal Blvd. and Eliot St.)
(720) 301-4293
May 20th, July 15th, Sept. 16th, and Oct. 8th, 10 a.m. - 3 p.m.


1019 10th St.
(303) 442-1837
June 3rd - Oct. 7th, 8 a.m. - 1 p.m.


9077 W. Alameda Ave. (Mile Hi Church)
(303) 887-FARM
June 17th - Oct. 28th, 10 a.m. - 2 p.m. or sell out


W. Colfax Ave. & Lamar St.
(720) 475-6894
June 3rd, 9 a.m. - 2 p.m.


8501 W. Bowles
(303) 887-FARM
May 6th - Oct. 28th, 8 a.m. - 2 p.m. or sell out

Wheat Ridge

7043 W. 38th Ave.
(720) 560-6648
Year-round, 10 a.m. - 2 p.m.




57th & Olde Wadsworth
June - Sept., 9 a.m. - 1:30 p.m.


1500 Block of S. Pearl St. (Between Florida and Louisiana
(303) 734-0718
May 21st - Nov. 19th, 9 a.m. - 1 p.m.


32nd Ave. (Between Lowell St. & Newton St.)
(303) 734-0718
June 4th - Sept. 24th, 9 a.m. - 1 p.m.


E. 29th Ave. & Roslyn St. (Stapleton Founder's Green)
(303) 442-1837
June 18th - Oct. 15th, 8:30 a.m. - 12:30 p.m.


E. Colfax Ave. and Columbine St. (Sullivan Fountain)
(303) 442-1837
June 4th - Oct. 29th, 9 a.m. - 1 p.m.

Highlands Ranch

9288 Dorchester St. (Highlands Ranch Town Center Square)
(303) 887-3276
May 7th - Oct. 29th, 10 a.m. - 2 p.m. or sell out


19420 E. Main St.
(303) 520-8490
Year-round, 9 a.m. - 1 p.m.


14458 Delaware St. (Staples Parking Lot)
June 4th - Oct. 24th, 9 a.m. - 2 p.m.

Wheat Ridge

7043 W. 38th Ave.
(720) 560-6648
Year-round, 10 a.m. - 2 p.m.


If you are looking for additional farmers’ markets in Colorado, there is an extensive list available at the 2017 Colorado Farmers’ Market Locations website.

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Posted in Denver Lifestyle
Dec. 8, 2016

Spoiler Alert: We know who Santa is!

The holidays are descending upon us quickly and already the streets are lit up with multi-color displays, inflatable snowmen, and decorations of all shapes and sizes. Every day more vehicles drive by sporting an evergreen tree and smiling families. This season we decided to spend a little time contemplating one of history’s oldest mysteries, the identity of Santa Claus.

Why Do We Want to Know?

Admittedly, we’re just curious. Aren’t you? From our childhood we have been chasing this ever elusive fellow who by all accounts is a huge person, yet can still fit down modern day chimney pipes, without making tracks on the carpet. Think of the headlines, “Denver Real Estate Company Unveils the Mystery behind the Red Suit”. We might even get our pictures in the paper. We have challenged ourselves to mine every piece of data, pull up tracking from the last 35 years, and do in-depth interviews with every eyewitness in the Denver metro. We will find out who this is.

Does Santa Really Exist?

At New Era Group we love this time of year. We get to walk thought wonderfully decorated homes, smell the delicious treats, and marvel at the presents under the trees. Everyone we work with, from mortgage brokers to house cleaners, and real-estate agents to home owners have a bigger smiles and more infectious laughs. We can also tell because of all the wonderful thank you treats which show up at our office, although there is speculation they are coming from the local restaurants. Our research team assures us these results clearly show that this sort of activity must be the result of an exceptional person.

Other Evidence of Good Cheer

Did you ever notice that what happens when someone is out of town during the holiday season? Miraculously the driveways continue to be shoveled. Newspapers and mail continue to be picked up, packages are kept safe, and lights are turned on. In addition, people are humming, smiling, hugging, and sledding. Who else but Santa could make this kind of difference?

So, who is Santa Claus?

We’ve drawn this out too far and it’s time to unwrap the intrigue, untie the bows, and put this person in the center of the season’s lights. The truth is, you’re Santa Claus. Every time you take chicken noodle soup to your neighbor’s house, help hang lights, work together to rake leaves, watch each others children, and simply smile at one another. In a world so full of strife, you are the lights of your neighborhood and the hope of all our children. When you move to a new home you bring your light with you, and when you invite in a new neighbor, both your lights shine brighter. So here’s to you Santa. Thank you for making this a great year and giving us hope for the next.

P.S. We promise not to tell the children. Happy Holidays.

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Posted in Denver Lifestyle
Nov. 2, 2016

Get Your Lawn Ready for Spring Now!

Kids and leaves in DenverAs we stare out the window and watch the changing colors it is easy to reminisce of days gone by when leaves meant hours of fun filled flips, amazing dives, and awesome afternoons. While we can still enjoy these fun activities, the falling leaves also mean raking and the final chores of the season. If you love being out and working on the lawn and gardens then this is a great time of year. If you don’t, here is some good news. The work you put in now can make getting your lawn in shape easier come spring.

Rake that Lawn

Raking is rarely the number one most liked chore on anyone’s list, but it will help you to keep your lawn in top shape. There was an article in USA Today a few years ago that encouraged us not to rake our leaves, but in most cases it is still advised in order to help you get the lawn in top shape before the snow starts falling. It is wise to use some leaves in gardens, flower beds, and planters as compost and to retain moisture, or to even build a compost pile to help your soil next year. The best thing you can do is to put your leaves in biodegradable paper bags and look for places that will take them to use for compost. Of course, this is after you have finished jumping into them.

Keep Mowing and Watering

Keep watering and mowing your lawn as long as you can. This will keep it healthier longer and allow it to grow back quicker in the spring. On the last mowing of the season lower your mower blades so the sun can reach the grass and keep it greener longer. Be careful not to mow it too short. Here are a few more lawn tips from the experts.

Fertilize and Fix Bald Spots

Fall is also a great time to fertilize and fix bald spots. While the visible grass quits growing during the winter, the roots are still very active. A healthy dose of fertilizer before winter can give your lawn the nutrients it needs to stay healthy and recover more quickly in the spring. Many local dealers also have fantastic organic solutions that are specifically designed for the Denver climate. This is better for your lawn and your family.

If you have bald spots now is also the time to get a head start. Your garden center will have grass mixtures that are specifically designed to be used before winter. Once again, look for organic and environmentally safe alternatives. Not only will are they better for your lawn they tend to be more durable in the long run.

Enjoy the Season

As Denver natives we love autumn in Colorado. The color, the crisp feel in the air, and the anticipation for winter reminds us why we love this area so much. Take the time to enjoy the outdoors while doing your chores. Remember not only can it be a fun family project, if you’re thinking of selling your home next spring, the work you do now will certainly pay off. So get out there, rake some leaves and have some fun. Feel free to send us your photos of the biggest piles, most spectacular dives, and your little ones enjoying every minute.

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Posted in Denver Lifestyle
Oct. 31, 2016

The Nice Way to Get Rid of Scary Spiders

Halloween is here and inflatable decorations are ballooning in the neighborhood yards. Pumpkins, witches, and huge spiders are ensuring Denver is ready for the holiday. However, there are some spiders that aren’t so welcome in our homes. Ok, for most of us, no spiders are welcome inside unless they are plastic, and even then it takes some negotiation.

One of the most alluring aspects of living in Denver is the natural surroundings, open spaces, and the beauty of all the creatures that live here, but when spiders start heading indoors for the winter even the most avid conservationist can become fearful and territorial. Spiders are good insects and although we don’t want to find one crawling on the kitchen table, we can naturally keep them outside.

Vinegar Is Your Friend

If you scan our blog posts you’ll find more than a few that promotes the many uses of vinegar on spills, stains, and odor removal. Once again, vinegar is at the top of the list to make your Denver home more habitable. The ingredients are simple and you may already have them in your home. Simple gather white distilled vinegar, pure vanilla extract, and find a small spray bottle. The ratio is about 3 parts vinegar to vanilla. Both the vinegar and vanilla repel the spiders, but the vanilla also diffuses some of the strong vinegar smell which does dissipate quicker than you think. Spray around windows, doors, corners, and any other place spiders might enter. You can also use a paper towel with 100% vinegar to wipe corners under shelves and cupboards to keep those little fellows out.

Or Try Peppermint

If vinegar isn’t your thing try pure peppermint extract. You should use a small glass spray bottle for this. Fill most of the way up with filtered water and start adding drops of the peppermint extract. The smell is what drives the spiders away, so the more you add the better. You also want to add one drop of dish soap to help the oil disperse in the water. Once again, spray this where ever you see spiders or at typical entry points. Watch this video for another peppermint recipe and more tips:


"Yikes! What about that Guy?"

Unless you’re an arachnologist, (spider scientist) you won’t know which spiders are dangerous or helpful. For the most part, Colorado doesn’t have too many harmful spiders. If you confront one in the middle of the night, the best thing to do is cover it with a glass or plastic cup, that way you know it’s in there, and slide a heavy piece of paper under the cup trapping the poor little guy. Then go outside and let it go. This could be the very spider that is eating the insects that are harming your plants or tomatoes, so you want to give him the love he deserves.

Need More Tips?

We have hundreds of great tips, information about Denver, and home selling and buying advice on this blog. If you can’t find what you’re looking for give us a call. We’d love to help.


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Posted in Denver Lifestyle
Oct. 10, 2016

Fall Tips for Showing Your Home

Fall TipsFall is one of best seasons in Colorado. The Aspens are beautiful, the crisp air is a refreshing change from the summer heat, and the anticipation of upcoming holidays and fun is invigorating. While we always look forward to this time of year it also brings some additional challenges when you’re trying to sell your home.  First, don’t stress out, there are several ways to enjoy the holidays and your home even while you’re selling it.

Decorating for the Holidays

If you are anything like us, you love decorating for the holidays. In three short months we get to go from gruesomely scary to pilgrims, and turkeys to brightly lit trees. What a great time of year to go all out and make your own holiday extravaganza. However, if you are trying to sell your home you need to be a little more conservative on the decorations.

Use fall colors, like orange, brown and other earth tones to accentuate the holidays. Perhaps put up a few of your Halloween favorites, but take the gel filled eyeballs to the office. The same goes for Thanksgiving and Christmas. While putting up a few of the kids crafts is ok, too many can look cluttered and draw the potential buyer’s eyes away from the selling points. This may cramp your style just a bit, but always remember less is more when staging your home. You want the people to see themselves in the home. For great staging tips check this out.

Water, Mud and Gunk

One of the other issues of selling your home in the fall is the abundance of moisture inherent with living in Colorado. Rain, mud, and the Denver surprise snowstorm are part of our way of life and even though we are used to it, having people track it into your home can be frustrating. Extra entry way rugs and mats are your best friends. Give people ample opportunities to wipe their feet and clean off their shoes. In some cases it can be ok to ask people to remove their shoes, but it’s always better if they don’t have to. It may make them feel uncomfortable.  Have a towel near the door for quick clean ups and perhaps even buy a box of shoe covers.

If you have pets, kids, or a combination of both, the fall fun outdoors brings extra challenges. Create a safe place for them to clean up outside the home or in the garage. It is always better to endure a cold wind than scrub muddy footprints out of the living room carpet. Preparation is always the best measure. Talk to the family about what needs to be done to keep the house clean and how to keep Fido from running in covered in the outdoors. If you do find yourself in the middle of a carpet emergency, this post, “Tips For Your Mudders Carpet” will give you some good advice.

As Always Have Fun

We know it can be challenging at times to keep the house exactly the way you want it when you’re selling your home, but remember, at the same time you probably visiting homes yourself. This is always and exciting time in anyone’s life. Have fun, enjoy the moment, and don’t get hung up on the small stuff. If you ever have questions, or want a professional point of view, give us a call, we love helping people.

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Posted in Selling your Home
Aug. 30, 2016

What to Do in Denver In September 2016

September may be the best time of year to enjoy our favorite city. Check out some great stuff going on in Denver this month here:

A Taste of Colorado: September 2nd to 5th

“Delight your taste buds with creations from Colorado's favorite food establishments. Enjoy appetizers, entrees, and desserts in full-sized portions with friends or in sample sizes by yourself. Discover ethnic specialties or indulge in your traditional favorites. An elegant Fine Dining Area is showcased, highlighting gourmet cuisine from renowned chefs and offering daily cooking demonstrations.”  Learn more.

Brews + Views: September 3rd from 2pm to 5pm

Cheers, all you beer lovers! The 2nd annual Brews & Views Beer Festival returns to Hudson Gardens! Pairing the lush beauty of Hudson Gardens and beer samplings from over 40 Colorado breweries seems like the perfect way to start off your Labor Day weekend! Breweries from just around the corner to statewide locations will showcase their unique libations, allowing attendees to sample Colorado craft beers under a beautiful late summer sky. Tickets $25.” Learn more and get tickets.

Denver Food + Wine Festival: September 6th to September 11th

“Denver Food + Wine Festival is a multi-day extravaganza of food, wine and spirits education, promotion and tastings, presented by co-sponsors Colorado Restaurant Association and Southern Wine & Spirits of Colorado. Events include a Riedel glass seminar, an intimate wine pairing dinner, evening tasting party and the primary event, The Grand Tasting. Through these series of events, Denver Food + Wine Festival aims to highlight industry impact, promote workforce development and celebrate Denver as a culinary destination.”
Learn more and get tickets.

2016 Rocky Mountain PBS Kids Fun Fest: September 10th from 10am to 2pm

“This year’s free festival will be held at Rocky Mountain PBS Studios in downtown Denver. We urge you to bring the whole family to this fun summer event, during which we will celebrate the Denver community with a robust program of family-friendly activities and live entertainment. More than 50 local organizations will sponsor booths with activities such as music-making, art, petting farm animals, tennis, climbing wall, bounce houses, and more” Learn more.

Adventure Fest: September 17th from 11am to 8pm

“Gociety presents Adventure Fest 2016, the most immersive outdoor festival of the year! Join thousands of adventure seekers, outdoor enthusiasts, athletes and like-minded individuals as they bring the mountains to the city. Gociety will host Adventure Fest at Sculpture Park in downtown Denver. There will be a beer garden, food trucks, a climbing wall, power yoga, acro yoga, tiny home tours, field games, a pool party, giveaways, gear demos and more.” Learn more.

Oktoberfest Denver: September 23rd to October 2nd

“Denver's Ballpark Neighborhood welcomes back one of the city's longest running festivals and one of the largest of its kind in the nation! Oktoberfest Denver is set to once again commemorate this world-famous and time-honored tradition of German heritage by combining dynamic performance of music and dance, bier-based activities, Long Dog Derby and entertainment for all ages.” Learn more.

Posted in Denver Lifestyle
Aug. 25, 2016

Denver Market Happenings August 2016

As you know from reading this monthly newsletter the best way to really understand our real estate market is to take the time to dig deep and look at the numbers. Whether you’re a homeowner wanting to understand how your biggest investment is doing, a renter thinking about taking the plunge into home ownership, or a real estate investor looking for your next opportunity, understanding the market data is critical. So, this month I’m going to walk you through the REcolorado metro Denver quarterly snapshot, explaining each entry to help you make sense of our housing market.

Denver Housing Market Overview

The columns on the top are as follows:

  • Key Metric: self-explanatory
  • Historical Sparklines: the data from July 2015 to July 2016
  • 7-2015: July 2015 data
  • 7-2016: July 2016 data
  • +/-: The percentage change year-over-year
  • Last Year YTD: Year to date data from Jan – July 2015
  • This Year YTD : Year to date data from Jan – July 2016
  • +/-: The percentage change Last Year YTD and This Year YTD

Active Listings: 8,859 down 0.8 percent year-over-year. The number of active listings has plummeted since the market began recovery in 2009. In 2007 in the middle of the downturn we had over 31,000 homes on the market – a true buyers' market. Now it’s the opposite. We had only 8,859 homes on the market at the time of this snapshot, an incredible plunge supporting our sellers’ market. If you’ve ever thought about selling, this is the type of market you'll want to sell in!

Under Contract Listings: 7,023 down 1.8 percent year-over-year. Slightly fewer properties have gone under contract this year versus last year. The very low inventory of properties on the market is keeping this number down. Until inventory returns to the market we can continue to expect the number of properties going under contract to remain low.

New Listings: 7,483 down 6.5 percent year-over-year. The number of new listings continues to drop, leading to the extremely low housing inventory in our market. Our supply/demand equation is somewhat out of whack with a huge number of buyers looking to purchase a home and very few sellers willing to list theirs. This has led to our super strong real estate market and the resulting rise in prices the past seven years.

Sold Listings: 5,192 down 19.3 percent year-over-year. This number surprises a lot of people. Everyone thinks we’re having this massively crazy up-market and lots and lots of homes must be selling, but nothing could be further from the truth. Because our inventory is so low – close to the lowest inventory per capita ever in metro Denver – there just isn’t a big selection to buy from. The result being that the number of homes sold is down, not up, and by a very significant number.

Total Days on Market: 20 same as last year. A normal market of balanced supply and demand will have about 90 days on market (which is the same as six months of inventory in case you run across that number). A stronger market will have fewer days on market and vice versa. Twenty days on market is incredibly low. It means demand is extremely high for housing and sellers are selling their homes in near record time. If you have been out looking at homes recently you’ll know what I mean. More and more often we run into other folks looking at the property at the same time we are because there are so few properties on the market. Smart buyers have learned to act quickly to get the home they want, driving the DOM even lower.

Median Sold Price: $350,000 up 12.3 percent year-over-year. The median price is the middle price of all homes sold – not the average price. For example, if five homes were sold in an area at the following prices: $100,000, $200,000, $300,000, $800,000, and $900,000, the median priced home is $300,000, but the average priced home is $460,000. Over the past 40 years metro Denver home prices have increased on average 5.9 percent per year. 12.3 percent is significantly above average, a result of a lot of demand for homes, not much supply, a strong employment market, a strong economy, etc.

Average Sold Price: $408,406 up 12.1 percent year-over-year. When the Average Sold Price is below the Median Sold Price it means that the lower end of the market is doing somewhat better than the higher end of the market, and of course the opposite is true as well. The fact that both yearly percentage changes are almost identical means the market is more or less consistent both above and below the average and median prices.

Percent of Sold Price to List Price: 100.6% down 0.2 percent year-over-year. A sign of a very strong market is when the final sales price compared to the list price is almost the same, as it currently is in our market. In a weak market, buyers will try to lowball an offer and often get the property well below asking price. But in a market like ours, sellers are getting on average more than what they’re asking! What we often call the Average Discount isn’t a discount anymore, it’s the opposite. I guess we’ll have to start calling it the Average Premium! Today, homes are selling 0.6 percent above the asking price and that percentage is almost identical to what it was a year ago. This is another sign of a strong housing market.


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