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Market Conditions in 80238 : Real Estate Advice

  • All8
  • Local Info1
  • Home Buying1
  • Home Selling4
  • Market Conditions0

Activity 54
Fri Mar 22, 2013
Edith Karoline Jasser answered:
I am assuming you are a Realtor, I suggest you put your discussion into the blog section of Trulia for other Realtors to discuss their market situation concerning Appraisals with you....
Good Luck to you

Sincerely yours,
Edith YourRealtor4Life & Chicago, North Shore & Northern Illinois Expert
Working always in the very BEST interest of her clients, Buyers, Sellers and
Investors alike....And always with a SMILE :)

Covering for @Properties Chicago & suburbs, and with her trusted Partner
Agents US & world wide properties. French, German, some Spanish &more EdithSellsHomes@atproperties.com or EdithSellsHomes@gmail.com
Check out my website at http://tinyurl.com/YourRealtor4Life
Get to know me! Learn about my experience, expertise, services! Read letters
of recommendation! Sign up to search for properties in my expanded service area.
HAVE THE MOST WONDERFUL DAY :)
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0 votes 13 answers Share Flag
Thu Jun 6, 2013
Kasha Songer answered:
There are a variety of reasons. The most public answers are: banks will only show so much loss per quarter, banks are so under staffed they can't process their files and of course the problems with not processing files properly. The smartest reason may be; values are rising why not let the values rebound before selling. ... more
0 votes 12 answers Share Flag
Sat Apr 6, 2013
Nicole+Ingar "Iggy" Neuschaefer answered:
Hi Adam,
The median sales price for sold homes in the zip 80212 in the last 3 months is: $337.000. Average price per square foot sold in the last 3 months is: $283

There are currently 31 active listings in this zip
as well as 55 Under contract.

Please let me know if you need further assistance! I would love to help!

Thanks,
Nicole Gilbert
Associate Broker Keller Williams Downtown
720-233-4590
nicolegilbert@kwrealty.com
... more
0 votes 5 answers Share Flag
Fri Feb 22, 2013
Ryan Fagin answered:
The answer to your question is really contingent on the exact amount you need per month to be satisfied with the investment. Because it is sitting empty, you are taking a significantly larger hit than you would be if it were being rented for a portion below what you owe per month. This significantly large monthly hit, multiplied by the amount of months it has been empty may easily exceed the amount you owe on it. In this situation it would make more sense to consider selling out right. If you could hypothetically rent it, than you need to realize that if the tenant does agree to some lease to purchase option, it carries little to no legal weight. The situation gives the tenant an option to opt out very easily from buying the home.

ryanfagin@kwrealty.com
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0 votes 8 answers Share Flag
Thu Aug 1, 2013
Rodolfo Canon answered:
The Price per square foot of a bungalow under 1200 SqFt in Washington Park runs between $259 and $565, depending on the condition. There is wide variation in the price per square foot because it is an old neighborhood that has gone through many phases of remodeling and updating. When you are reading descriptions of the houses online and it says "remodeled", rest assured that can mean any number of things. I have a complete and detailed analysis of Washington Park done. I would be happy to send it to you. Please reply with an email directly to me and I'll send it.

Best,

Rodolfo Canon
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0 votes 10 answers Share Flag
Thu May 8, 2014
Tiffany Phillips answered:
Denver became a strong sellers market because we have never had a huge explosion of growth like other areas; Florida, Arizona and we don't rely on just one major industry like, many areas on both coasts. Not having a huge growth explosion has afforded us to not have then the dip in our market keeping us on an even keil. Also, there are so many great agents here...my opinion! ... more
0 votes 14 answers Share Flag
Sun Jul 22, 2012
Jenny Usaj answered:
Your question has to be a little more specific. How many Bedrooms and Bathrooms are you looking for? What type of amenities does the space have to have. In which neighborhood are you looking to rent?

We would love to answer your question. If you're looking to live Downtown by the school, we can help.

Jenny Usaj
jenny@usajrealty.com
720.883.5714
www.usajrealty.com
... more
0 votes 1 answer Share Flag
Thu Aug 1, 2013
Phil Lunnon answered:
Feel free to contact me at 303-888-2500. I can provide you with a list of available homes in your price range which meet your other needs/wants.
0 votes 14 answers Share Flag
Tue Jan 29, 2013
Marina Jensen answered:
Hi!

It already has been... I think anything bordering Highlands (Sloan's lake as well!) is expected to appreciate.
If you have any questions about north west Denver, don't hesitate to contact me! My advice is always free.

Marina Jensen
www.MarinaJensen.com
303 908 9117
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0 votes 7 answers Share Flag
Tue Mar 27, 2012
Tim Klein answered:
It' s at least holding its own right now which is better than several areas. West of the park is prime for growth in value versus the other 3 sides.
0 votes 11 answers Share Flag
Thu Jun 7, 2012
Julie Reddington answered:
I would say it is very much stronger with vacancy rates being at an all time low, and rental prices are increasing because of the demand.
0 votes 15 answers Share Flag
Mon Sep 26, 2011
Ron Rovtar answered:
Hi BoulderSuZ:

I think the number of answers you have received to this question speaks to the complexities of our current situation. If you consider that the government has not been terribly successful in stimulating participation in programs that would help troubled borrowers and also the fact that we are hearing a lot about a new wave of foreclosures as the banks feel more pressure to show their stakeholders good results, it gets really hard to predict what will happen based on any single factor such as lower indebtedness.

It really does boggle the mind, which may be part of what is happening to our politicians who seem to have retreated to the simple answers of specific ideologies. The situation has simply become to complex. I fear improvement will only come when the politicians really get to work putting out all the fires, small, medium and large.

Kind regards,
Ron Rovtar
Prudential Real Estate of the Rockies
Days: 303.981.1617
Evenings: 303.473.1926
ron@rovtar.com
http://www.rovtar.com
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0 votes 1 answer Share Flag
Thu Sep 27, 2012
stephen holben answered:
It's far and away cheaper to buy. With rent all you do is give away your money and in the end have nothing to show for it. You can't even deduct rent from your taxable income. With owndership you have your initial equity, appreciation, tax advantages, freedom to change your space as you see fit, and if you're the type, pride of ownership. www.holbenhomes.com ... more
0 votes 22 answers Share Flag
Mon Jul 11, 2011
NonRealtor answered:
Hi Ben,
Maybe rent for a while. Then you can explore your options and find a good house in the ideal location. Good Luck
0 votes 4 answers Share Flag
Sat Jun 21, 2014
Gerard Carney answered:
not enough here to answer this, what is the condition of the home, AS IS means you got problems you don't wish to address, but what is wrong with the property?
0 votes 6 answers Share Flag
Wed Mar 2, 2011
Joetta Fort answered:
Anything's possible, we can't make guarantees. IMO it depends on the jobs situation, which certainly has not gotten better. If inflation also sets in, and interest rates go up, there will be even fewer buyers out there. Still, if your client is a buyer I think it's bad advice to wait for lower prices, while risking higher interest rates. ... more
0 votes 24 answers Share Flag
Wed Sep 15, 2010
Ethan Besser answered:
Hi Meredith,

Thanks for your question! I am not clear what you are asking. Can you give me more speicifics? Maybe a link to the page that you are talking about would help.

Thanks,

Ethan Besser


Ethan Besser
Broker Associate
Keller Williams - DTC
Cell: 303.856.8980
Fax: 303.539.4809
www.RealEstateColoradoNow.com

The Besser Choice in Real Estate!
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0 votes 1 answer Share Flag
Fri Jan 28, 2011
Fred Glick answered:
I think if you explained why and if you are working for someone you might get a better response.
0 votes 20 answers Share Flag
Sun Aug 1, 2010
Julie Reddington answered:
Hello Erin
As far as I am aware, there isn't one specific place that open houses are listed. Indeed Trulia, Zillow, Realtor.com are sources. You may also want to check out Craigslist, Denver Backpage as well.


Julie Reddington
720 226 4168
The House Hunter in Denver
... more
0 votes 12 answers Share Flag
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