5 Low-Cost Kitchen Updates to Attract Bu

5 Low-Cost Kitchen Updates to Attract Buyers
DAILY REAL ESTATE NEWS | THURSDAY, JANUARY 26, 2012
Considered the heart of a home, the kitchen can be instrumental in selling a property. Many buyers prefer dwellings with modern kitchens, especially since it’s a room they’ll use every day and a place where they will entertain guests.

Attend open houses in the neighborhood to see how kitchens compare. If all the other homes have new appliances, your sellers will want to do the same or accept a lower price.

But a kitchen retrofit does not have to be extensive. A recent Realty Times article offers tips on attracting buyers with lower-cost kitchen upgrades.

Repaint in a neutral color
Eliminating clutter
Clean, clean, clean
Change light fixtures and hardware
Opt for less expensive granite
Source: “Kitchens Sell a House,” Realty Times (01/24/12)

(c) Copyright 2012 Information, Inc.

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Just Sold! In Parker

Wow!  Just sold my listing in Parker, CO, as a Short Sale – This property had over 50 showings, which is so typical for short sales.  We listed it in March 2011 and had four contracts prior to the one that finally closed.  These are certainly trying times for homeowners needing to sell their homes – especially when they are upside down, or owe more than the property is currently worth in today’s market.  However, there is hope, and with patience and expertise it can definitely happen!  If you know of anyone that needs my expertise in the short sale arena, I am here and willing to help them solve that problem.  Be sure to give them my number at 303.210.4639

 

Castle Rock and Douglas County Real Estate

Rick Perry in 2012!

Rick Perry for President 2012 | Join Today
www.rickperry.org
Add your support to the candidate for president that will get America working again. Join Governor Rick Perry’s campaign!

The Rental Market is Heating Up!

A Sweet Spot in Real Estate – The rental market is continuing to heat up and can offer the potential for big returns for buyers willing to jump into the landlord role. For investors looking to take advantage of low record-reaching mortgage rates and big discounts on home prices, the opportunities are plenty. Rents are rising and demand is up too, partially due to the 4 million former home owners who’ve faced a foreclosure and are now renters. Read article:

http://realtormag.realtor.org/daily-news/2011/09/07/sweet-spot-in-real-estate

Plus I just saw rates for FHA/VA at 3.75T% – No Origination Fee-No Discount Fee! Unbelievable!

Great Price Reduction – 5 Acres – Christy Ridge

Check out this great property – 5 bedrooms, 5 baths, 5 acres, 4 car garage! Compare to Bell Mountain – MUCH lower taxes! 3637 Christy Ridge Road

http://www.realtor.com/realestateandhomes-detail/3637-Christy-Ridge-Rd_Sedalia_CO_80135_M23374-44142?cpPreview=true

Buying is cheaper than renting in most U

Buying is cheaper than renting in most U.S. cities – Demand for rental units has increased so much that it’s now cheaper to buy a two-bedroom home than to rent one in most major U.S. cities. According to real estate web site Trulia, buying was cheaper than renting in 74% of the country’s 50 largest cities in July. In addition to a continuing decline in home prices, rock-bottom interest rates have added a lot of weight to the buy side of the scale. The overnight average rate for a 30-year fixed was just 4.19% on Monday, according to Bankrate.com. A 15-year fixed averaged just 3.43%. Read article:
http://money.cnn.com/2011/08/16/real_estate/buy_rent/index.htm

An Eye Opener

“If the US Government was a family, they would be making $58,000 a year, they spend $75,000 a year & are $327,000 in credit card debt. They are currently proposing BIG spending cuts to reduce their spending to $72,000 a year. These are the actual proportions of the federal budget & debt, reduced to a level that we can understand.” – Dave Ramsey

Metro Denver home prices up – Last month

Metro Denver home prices up – Last month, the average single-family home sold for $298,654, up from $292,230 in June – an increase of 2.2%. Properties placed under contract fell from 4,761 in June to 4,250 in July. However, the sales volume was up from July 2010, when it was 3,808. Read article:
http://www.denverpost.com/breakingnews/ci_18639750

Good News for Future Housing Market

Gen Y to Lead ‘Massive Increase in Housing Demand’ – Watch out for Generation Y: This large, diverse, well-educated generation will drive the housing market recovery over the next 10 years, according to economists with the University of Southern California Lusk Center for Real Estate. Gen Y (15-32 year olds) boasts about 77.4 million members, which is about equal in size to the baby boomers (46-64 years old). Yet, Gen Y is much more diverse and educated (60% of Gen Y goes to college). Read article:

http://realtormag.realtor.org/daily-news/2011/07/20/gen-y-lead-massive-increase-in-housing-demand

Castle Rock Real Estate

RE/MAX ALLIANCE #1 – Denver Business Journal’s Annual Book of Lists

Great Article! We have the expertise and the tools to get homes sold! Jamie Kimbrough, RE/MAX Alliance, Broker Associate

DBJ: RE/MAX Alliance No. 1
The Denver Business Journal’s annual Book of Lists for Residential Real Estate Brokerages has listed RE/MAX Alliance as No. 1.

Alliance had the largest sales volume and most transaction sides of any real estate company in the Denver area in 2010, according to the ranking. RE/MAX offices overall had the highest production per agent of any national real estate franchise.

“We worked hard this year and owe our success and top ranking to our experienced agents,” said Chuck Ochsner, RE/MAX Alliance Co-Broker/Owner. “An accomplishment like this takes a good understanding of the local real estate market and an outstanding business model.”

$1.95 billion in sales

The DBJ’s ranking was based on home sales in the Denver area. The 564 Denver metro RE/MAX Alliance agents closed 7,142 transaction sides in 2010, with a sales volume of more than $1.95 billion.

“To succeed in real estate, especially in this market, you need buyers and sellers who believe in you,” said Chad Ochsner, RE/MAX Alliance Co-Broker/Owner. “We have that support and that’s why we know we’ll continue being strong in Colorado.”

All together, seven RE/MAX offices ranked in the top 15. Combined, the offices had 17,938 transaction sides and more than $5.01 billion in sales volume:

Here are their standings:

#1- RE/MAX Alliance
#3- RE/MAX Professionals
#6- RE/MAX of Boulder
#7- RE/MAX Masters
#11- RE/MAX Southeast
#13- RE/MAX Northwest
#15- RE/MAX 100
Agents with the top-ranked RE/MAX offices averaged 13 transaction sides in 2010, compared to just 5.0 for Keller Williams agents, 7.5 for Coldwell Banker agents and 9.2 for Fuller Sotheby’s International Realty, according to the rankings. RE/MAX agents outperformed agents with all other national real estate franchises.

“RE/MAX Alliance and all of our offices took on the challenge of today’s real estate market with the determination to make the year a success,” said Elena Dean, Vice President and Regional Director, RE/MAX Mountain States. “Our agents know that their first responsibility is to help their customers. And we owe our success to their trust and support.”

Contact John Rebchook at JRCHOOK@gmail.com

Castle Rock CO Real Estate