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Greenwood Village : Real Estate Advice

  • All14
  • Local Info0
  • Home Buying3
  • Home Selling1
  • Market Conditions1

Activity 4
Thu May 17, 2012
Tim Moore answered:
Foreclosures and short sales are the trend I see the most of since my area is mostly investment ocean resort homes.
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Fri Jun 1, 2012
Bob Schenkenberger answered:
Gs, the rental market is actually doing fairly well right now. With the amount of equity you have in your home, I would guess you will be able to obtain a positive cash flow. Highlands Ranch, in particular, has historically been a very good area for investment properties. Therefore, I think that should be an easy deal for you.

Regarding Greenwood Village, it has been fairly stable for the past 12 months. Depending upon price range you will find varying levels of great "Deals." If you are looking under $500k, you will notice that there is very low inventory and the best homes sell in a very short period of time. Between $500k-$1 mil. there are some pretty good deals right now, but the inventory is not extremely high. Over $1 mil, and you will be able to get a great deal. This segment of the market is the toughest for sellers at the moment.

I live in Greenwood Village and have sold homes here for over 18 years, and would be happy to provide you with further information.

Good Luck!

Bob
303.770.1180
... more
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Fri Jun 1, 2012
Shelley Bryant answered:
I think One Cherry Lane is a great gated housing development and so convenient to restaurants, etc..
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Fri Apr 11, 2008
Kent Palmer answered:
You are right, the area is one of the few in the Denver Metro are that has not seen a substantial pull back in demand. I am assuming you are speaking of one of the new developments near Belleview and Yosemite. If you could be more specific, I would be happy to post some comparable sales info. ... more
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