RE/MAX Professionals - The Colorado House Finders Team

Posted by Damon L. Chavez on Tuesday, August 22nd, 2017 at 8:31am.

Market Metrics: By the numbers, the inventory of available homes for sale is 6,506 homes at July month end, 6,036 homes came onto the market, 4,903 homes went under contract, and 4,922 homes closed at a median sold price of $380,000 and an average sold price of $438,611 resulting in a closed dollar volume of $2.16 Billion.    Monthly Market Recap: Single Family:                                                             Condo:           Active Inventory is 4,947                                         Active Inventory is 1,559       Sold Homes is 3,542                                                   Sold Homes is 1,380               Average Price is $485,850                                         Average Price is…
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Posted by Damon L. Chavez on Friday, August 18th, 2017 at 9:44am.

August 17, 2017 / REcolorado.com, by Emily Adams     Colorado homeowners are choosing xeriscaped yards to save water, time, and money, while honoring the beauty of Colorado’s natural landscape. Xeriscaping is a landscape design that incorporates native plants that can thrive in natural conditions. Xeriscaping is not the same as zero-scaping, which uses no plants in favor of patios, porches, gravel, or hardscaped designs. Instead, xeriscaping relies on plans which have low water demands to reduce the amount of water needed to maintain the outdoor space.

Why Choose Xeriscape?

The trend towards xeriscaped home yards grew out of the need to conserve water, thanks to the low water demands of the plants. In drought conditions, many people switched to…
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Posted by Damon L. Chavez on Tuesday, August 15th, 2017 at 9:14am.

August 3, 2017 / Homes.com, By Ben Sanford   Testing for Lead Is Easy and Essential if You Have Young Children If you’re planning on buying a new home this summer, or if you recently purchased one, checking the property for lead is one of the most important things you can do to help keep your family healthy. This is especially the case if you bought or are going to buy a home that’s older than homes built in 1978. If the home was built before the 1960s, then there is a near 100% chance the home has lead paint in it. Here, we’ll discuss why testing for lead is so important and what you can do about it if you discover it on your property.

The Dangers of Lead Paint

Lead is a toxic metal that was once used as an additive in paint. The ingredient…
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Posted by Damon L. Chavez on Friday, August 11th, 2017 at 9:13am.

August 10, 2017 / REcolorado.com, by Jamie Froyd     People are still moving to Colorado at a strong rate. Though the population boom peaked between 2014 and 2015 with nearly 101,000 new people who moved to Colorado, our state still is appealing to those looking to relocate. If you’re considering relocating to Colorado, what do you need to know? And how do you know when you’re officially a Coloradan?

Relocating to Colorado

Before you relocate anywhere, always do your homework.  The Denver Metro Chamber of Commerce is a good resource as well as finding an experience REALTOR®. U.S. News & World Report ranks Denver, Colorado, as the #2 in their Best Places to Live in the USA for 2017.  The public survey of thousands of individuals across the…
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Posted by Damon L. Chavez on Tuesday, August 8th, 2017 at 8:45am.

July 27, 2017 / Homes.com, By Steve Cook

What states have the lowest property taxes?

Property taxes are one of the annual expenses that some buyers may not include in their calculations of the total cost of owning a primary residence or vacation home. However, they are a substantial expense and they can vary by several thousand dollars a year depending on your state or local jurisdiction. The amount of property tax owed depends on the appraised fair market value of the property, as determined by the property tax assessor. Appraisals are conducted annually and reflect changing home values. Property tax liability is calculated by multiplying the nominal property tax rate by the assessment ratio (the percentage of the value of the property that is…
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Posted by Damon L. Chavez on Friday, August 4th, 2017 at 8:42am.

July 27, 2017 / Trulia, by Lynnette Bruno

7 simple steps to help you save for a house in just twelve months.

Want to buy a home but don’t have a pile of cash in the bank? You’re not alone. Trulia research tells us that saving up for a down payment is the biggest obstacles to homeownership for first-time buyers, behind poor credit history, qualifying for a mortgage, and rising home prices. When I saved up for my first home, it took several years. So as I can attest, the struggle is real but not impossible. First, how much should you aim for? When thinking about how to save for a house, it’s not just the down payment you have to consider. Closing costs, escrow fees, and initial payments on taxes and insurance can quickly add up. Tools like…
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Posted by Damon L. Chavez on Tuesday, August 1st, 2017 at 2:17pm.

Market Metrics: By the numbers, the inventory of available homes for sale is 912 homes at month end, 301 homes came onto the market, 140 homes were placed under contract, and 194 homes closed for $1 Million or greater with an average sold price of $1,520,708 resulting in a closed dollar volume of $295.0 Million. Monthly Market Recap:                                                                           Single Family                          Condo Active Inventory at month end                    829                                           83 New Listings                                                     274                                           27 Under Contract                                                …
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Posted by Damon L. Chavez on Monday, July 31st, 2017 at 3:43pm.

Market Metrics: By the numbers, the inventory of available homes for sale is 719 homes at month end, 358 homes came onto the market, 221 homes were placed under contract, and 230 homes closed between $750,000 and $999,999 with an average sold price of $852,828 resulting in a closed dollar volume of $196.2 Million. Monthly Market Recap:                                                                                Single Family                          Condo Active Listings at Month End                      604                                           115 New Listings                                                   310                                           48 Under Contract                                              …
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Posted by Damon L. Chavez on Tuesday, July 25th, 2017 at 10:30am.

Market Metrics: By the numbers, the inventory of available homes for sale is 1,753 at month end, 1,365 homes came onto the market, 909 homes were placed under contract, and 1,005 homes closed between $500,000 and $749,999 with an average sold price of $592,903 resulting in a closed dollar volume of $595.9 Million. Monthly Market Recap: .                                                                       Single Family                          Condo Active Listings at Month End                        1,461                                        292 New Listings                                                     1,198                                        167 Under Contract                                                …
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Posted by Damon L. Chavez on Friday, July 21st, 2017 at 11:22am.

Market Metrics: By the numbers, the inventory of available homes for sale is 6,237 homes at June month end, 7,053 homes came onto the market, 5,288 homes went under contract, and 5,480 homes closed at a median sold price of $387,747 and an average sold price of $449,433 resulting in a closed dollar volume of $2.46 Billion.  Monthly Market Recap: Single Family:                                                               Condo:           Active Inventory is 4,700                                      Active Inventory is 1,537       Sold Homes is 3,973                                               Sold Homes is 1,507              Average Price is $494,138                                     Average Price is $331,574 Median Price is…
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