Denver Colorado Real Estate News & Market Trends

Thank you for visiting Colorado Home Front. You’ll find our blog and agents to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it.

Please reach out if you have any questions at all. We’d love to talk with you! Our services are Free and we are in the top 10 of all agents in Colorado out of 40,000. So please call or text anytime.

 

May 7, 2022

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Home Buyers You Have more Options With Colorado Home Front

May 7, 2022

Best Neighborhoods to visit in Denver Colorado

Best Neighborhoods to visit in Denver Colorado

Denver is the most populous city in the state of Colorado and boasts one of the most unique city park systems in the nation. The food scene in Denver is an attention grabber, as Denver is known for its New Mexican cuisine and seafood like oysters and rainbow trout.

Denver is also home to many affluent neighborhoods that consistently draw visitors and new residents in across the country. One neighborhood that consistently ranks in the top places to live in Denver is Central Park.

This neighborhood was previously known as Stapleton and has plenty to offer. Central Park has 11 public and private schools, 50 parks, and 7 pools for residents to enjoy. In addition, Central Park is renowned for being one of the wealthiest zip codes in the Denver area.

Recreation

There is always plenty to do in Central Park. Some of the most popular activities available to residents and visitors include biking, hiking, rock climbing, and bocce ball. Central Park is also a haven for dogs, joggers, and rollerbladers due to the vast amount of open space and paved trails accessible for residents.

Education

Schools in the Central Park area consistently rank among the very best in the state. Aurora Central High School has a unique innovation plan that gives students autonomy and draws in people of all different backgrounds. Northfield High School is Denver’s newest high school and has a more progressive approach to its academic programs.

Moving to Central Park

According to Redfin, homes for sale in Central Park have a median sale price of $702,500, making it one of the most expensive neighborhoods in Colorado. Residents in Central Park enjoy nice weather year-round, and the neighborhood is home to many top schools in the state which makes Central Park a great place to invest in Colorado.

Be sure to visit Colorado HomeFront to get connected with top agents in Denver Colorado and make your real estate dreams a reality.

 

 

 

 

References:

https://www.denver80238.com/community/schools/

https://www.redfin.com/neighborhood/122503/CO/Denver/Stapleton/housing-market

May 7, 2022

X Simple Steps To Selling Your Home Fast

X Simple Steps To Selling Your Home Fast

 

 

Do you want to sell your home as quickly as you can?

According to a study by Zillow, several factors affect the number of days your property stays on the market. These include location, type of market (seller’s or buyer’s market), property’s condition, price, etc. Homes in Peoria, Illinois, take as long as 136 days on the market, while in Palo Alto, CA, properties stay only 36 days on the market. The national average number of days on the market is 68.

You may want to sell your home fast for several reasons like a new job far away from home, urgent need for money, minimize spending on maintenance, etc. It is essential to know that sellers spend more on maintenance fees when homes stay long on the market. Also, potential buyers feel a home that stays long on the market has hidden issues.

This article will provide you with six simple steps to selling your home fast.

1.     Hire a good real estate agent

 

The first step to selling your home fast is hiring the right real estate agent. The real estate agent you choose should be the one that understands the local market and can show records of previous sales. Good real estate agents have adequate experience in the business. They will guide you throughout the entire process. Good real estate agents also have the appropriate tools to ease the process and help you sell the home fast.

2.     Declutter and clean your home

Clutter can make your home unattractive and dirty. It would be best to declutter your property before you list it. Discard or give out items you no longer need. Get storage for valuable appliances or furniture. When you declutter your home, it appears spacious. As a result, buyers will see more value in the property. After decluttering, hire professional cleaners to perform a deep cleaning on the property.

3.     Depersonalize your home

 

It would be best to remove all personal items from the property. Every potential buyer wants to visualize themselves in the home. However, it will be difficult for them to do so with your articles everywhere. For that reason, provide a blank slate to give them a better chance of picturing their items in the home.

4.     Stage the home

Your home has specific features that will not be apparent until you highlight them. That is where home staging comes to play. Home staging involves the process of decorating your home to accent the desirable features.

You can also furnish the house with modern and light furniture. If you are repainting the walls, choose neutral colors. Bold colors may not be suitable for many buyers. That is because it doesn’t blend with furniture colors.

Your staging should also involve lighting. It is advisable to allow more natural lights into the home. Doing so will brighten the house and make it appear spacious. Professional stagers can help you achieve more with home staging.

It would also be better to make the necessary repairs on walls, floors, cabinets, etc. Repair all holes, dents, scratches, nicks, and other defects.

5.     Price it competitively

 

Home prices affect the time they stay on the market. If it is too high, the home will spend more days on the market. However, you should also not sell your home at a low price just because you want to sell it fast. All you need is to set a competitive price.

How do you do this? Your realtor or real estate agent will study similar properties in your neighborhood before deciding the price. They will check how much other people sold comparable homes and the recent price others are asking for similar properties.

You can also use online home estimate tools to know what to expect before pricing. It is advisable to price your home slightly lower than similar houses if you want to sell it fast. Also, you can review the price after a particular date if you do not receive offers.

6.     Enhance the curb appeal

One of the best ways to sell your home fast is by creating a favorable first impression on buyers. Your home’s exterior is the first aspect potential buyers will see before assessing the interior. That is the best opportunity to create a lasting first impression.

To achieve this, you can do the following:

·        Mow your lawn.

·        Trim the trees and shrubs.

·        Paint your exterior walls and front door.

·        Plant flowers.

·        Power wash the walkway and driveway.

·        Wash the windows.

·        Repair all broken exterior features.

The list is endless, and these are a handful of things you can quickly do to enhance the property’s curb appeal.

The bottom line

You can sell your home fast if you make it more attractive. An example of how to do this is by offering a transferable warranty for the home, such that buyers will enjoy discounted repairs and replacements.

Another example is offering to pay part or all the closing costs. Your real estate agents can suggest other juicy offers to attract fast sales.

April 2, 2022

How Alexa Elliot and Colorado HomeFront will use Blockchain Technology and Crypto to Change the Way Real Estate in is Bought or Sold in the Future

How Colorado HomeFront will use Blockchain Technology and Crypto to Change the Way Real Estate in is Bought or Sold in the Future

 

There’s no doubt that the rise in blockchain technology and cryptocurrency is here to stay. So, as a real estate company, you can either choose to embrace this technology or miss out on the major opportunity that this new technology presents.

 

It’s hard to find an industry in which blockchain and cryptocurrency haven't impacted, and real estate is no exception. We’ve seen cities proposing bills that allow people to pay their property taxes or city fees with cryptocurrency, and buyers are paying for multi-million dollar homes entirely in Bitcoin.

 

Colorado HomeFront is one of the companies that are pioneering the shift and embracing the new technology. The companies that do so will be able to expand their business and reach customers that may not have been possible to connect with previously. That’s why Colorado HomeFront plans to use blockchain technology and cryptocurrency to change the way real estate is bought and sold in the future. Read on to find out exactly how they plan to do it.

 

Benefits of Blockchain in Real Estate

 

You may think that there is no place for blockchain in the real estate industry or there are no practical applications that blockchain could be used. However, there are plenty of advantages that come with using blockchain in real estate, including:

 

       Loans and mortgages

       Liquidity

       Reduced costs

 

Loans and mortgages

 

The mortgage industry has yet to catch up with the technology that other real estate industry segments have adopted. Loan applications and underwriting are unstandardized, and closing documents are still paper-based. The security of loan documents and data is left to interpretation, and safeguarding the data requires a lot of work.

 

Blockchain can benefit the banking industry since it provides a single version of verified data, real-time payment settlement, and the ability to safely share data between organizations and parties involved in the transaction.

 

Liquidity

 

Introducing blockchain and cryptocurrency into the real estate world will make a historically illiquid asset one that can provide liquidity to homebuyers and investors. Real estate can readily be traded as tokens, which means sellers don’t have to wait for buyers with the full amount for the down payment in liquid funds.

 

Reduced expenses

 

Decentralized networks reduce the considerable expenses that come with conducting real estate transactions. Third-party fees like property inspections, loan fees, recording fees, and transfer taxes will be reduced by introducing blockchain technology into the real estate industry by eliminating the fees charged by intermediaries.

 

How Colorado HomeFront Will Use Blockchain and Cryptocurrency

 

Blockchain technology enables “smart contracts,” which is a self-executing contract that outlines the agreement between the buyer and the seller. Blockchain uses smart contracts by storing the lines of code across a distributed and decentralized network that monitors the execution of the agreement, which makes these contracts trackable and irreversible.

 

Examples of contracts that can become digitized on the blockchain include:

 

       Listing agreements

       Offer sheets

       Letters of intent

       Closing documents

 

Using smart contracts instead of paper contracts will speed up the entire transaction and eliminate the need to meet with bankers and lawyers. It also ensures that everyone involved in the transaction has peace of mind that all documents and sensitive information are secure.

 

Decentralization

 

As a decentralized platform, blockchain technology is accessible to everyone on the network, making all data transparent and unchangeable. This lack of transparency contributed to the financial crisis of 2008, which had catastrophic consequences for the real estate market.

 

Decentralization exchanges build trust and reliability into the system since all information can be verified, and buyers and sellers will have more confidence when conducting their real estate transactions. The decentralization of blockchain technology reduces the number of fraud attempts we see because of smart contracts, which come with more enforceability of the terms of the agreements.

 

Costs

 

By using blockchain’s inherent transparency, Colorado HomeFront can reduce the typical expenses of entering into a real estate agreement. Costs like title fees, homeowners insurance, and closing costs are reduced under the region's jurisdiction where the transaction takes place. Tech-enabled companies like Colorado HomeFront will shift to eliminating the need for paperwork, insurance, and audits in the future.

 

Accepting Payments in Blockchain

 

The possibility of accepting payments in the blockchain is another exciting prospect for real estate companies, homeowners, and tenants. Many startups are emerging as leaders in accepting payments in cryptocurrency.

 

In 2021, one California startup announced that it would accept Bitcoin as a rent payment for its residential and retail properties. They’ve also invested millions of dollars into the technology that enables them to accept payments in cryptocurrency. Many other companies are betting on cryptocurrency on a long-term basis and are buying into the fact that cryptocurrency is here to stay.

 

Fractional Ownership

 

Real estate investment is also becoming a reality for many potential investors who lack the necessary capital to purchase a property with full ownership. Introducing fractional ownership into real estate lowers the barriers to entry in becoming a real estate investor when traditionally, investors would need to put at least fifteen to twenty percent of the purchase price as a down payment.

 

Blockchain will enable investors to access a simple-to-use trading app to buy and sell partial shares of tokens at their discretion. This investing strategy also eliminates the need for fractional owners to become involved in managing the maintenance and leasing of the property.

 

The Bottom Line

 

Introducing blockchain into the real estate industry will benefit those who choose to adapt to the technology. It will speed up the loan and mortgage process, improve liquidity, and reduce the expenses that typically come with a real estate transaction.

 

Colorado HomeFront is revolutionizing the way that blockchain is used in real estate. Led by Alexa Elliot, you can expect to see many changes in the upcoming years in how real estate transactions from the innovation of Colorado HomeFront.

 

 

 

 

References:

 

https://www.forbes.com/sites/forbesbizcouncil/2021/10/27/the-future-of-real-estate-transactions-on-the-blockchain/?sh=55f14ba49387

 

https://www.investopedia.com/news/how-blockchain-technology-changing-real-estate/

 

https://www.quickenloans.com/learn/mortgage-party-fees#:~:text=Third%2Dparty%20fees%20are%20included,you'll%20be%20paying%20for.

 

https://www.cnbc.com/2021/04/07/rick-carusos-company-to-begin-accepting-rent-payments-in-bitcoin.html

 

April 2, 2022

Castle Pines Why Castle Rock Colorado is a Great Place to Live and Buy a Home

Castle Pines Why Castle Rock Colorado is a Great Place to Live and Buy a Home

 

 

Castle Rock, Colorado is known for the prominent castle-shaped rock near the center of town, but did you know that the neighborhoods of Castle Rock are some of the most desirable areas to buy real estate in the United States? Being part of the Denver Metro Area, Castle Rock and its neighborhoods are a prime location for great public schools, outdoor activities, and real estate opportunities.

 

Castle Pines

 

In particular, the Castle Pines neighborhood draws in new residents and visitors for many reasons. The Village Square area off Happy Canyon Road is perfect for finding eclectic eateries ranging from pizza shops, Mexican food, casual brunch spots, and more.

 

Recreation

 

Castle Pines is also a great place to settle for those that enjoy the outdoors and beautiful weather. Outdoor enthusiasts can bike, walk, run, or enjoy many recreational activities, like tennis courts, baseball fields, and skateboard parks.

 

Schools

 

Residents living in Castle Pines and their children belong to the Douglas County School District. High school students attend Rock Canyon High School, while middle school students attend Rocky Heights Middle School. These schools are highly rated and regularly score above average in test scores among other Colorado schools.

 

Real Estate

 

Castle Pines is one of the most desirable neighborhoods of Castle Rock and therefore commands high price points in the real estate market. However, now is a great time to buy real estate in Castle Pines since the neighborhood is growing in population and provides many opportunities for careers in education, health care, and sciences.

 

Why Buy In Castle Pines?

 

In recent years, Castle Pines has seen tremendous growth in its real estate market. Its prime location between Denver and Colorado Springs makes Castle Pines ideal for commuters or young and growing families.

 

The natural beauty of Colorado is what draws people in and makes them stay. Be sure to visit our website to find out why Colorado HomeFront is the best option to buy and sell your home and save money in the process.

April 2, 2022

Piney Creek Centennial Colorado Best Neighborhoods

Best Neighborhoods in Centennial Colorado Piney Creek

 

Centennial's hilly terrain and open spaces make it a prime destination and residential area for those that enjoy the outdoors, wildlife, and great food and drinks. Centennial is also home to some of the most desirable neighborhoods in Colorado, and the real estate market in Centennial has been heating up in recent years. Read on to find out why the Piney Creek neighborhood is the best neighborhood of Centennial to purchase real estate in today.

 

Piney Creek

 

The Piney Creek neighborhood of Centennial is a controlled community of roughly 1,800 homes located southeast of metropolitan Denver. The neighborhood regularly hosts events for community members while investing plenty of resources into the other outdoor activities that residents enjoy.

 

Recreation

 

Piney Creek is the best neighborhood if you're looking for amenities for people of all ages. The neighborhood uses its Clubhouse as an active community component used by youth groups, recreation groups, and residents alike.

 

In the warmer months, residents flock to the swimming pool, which opens over Memorial Day weekend in May and closes at the end of Labor Day weekend in September. Other amenities include pickleball and tennis courts, parks, playgrounds, and basketball courts.

 

Education

 

The Piney Creek neighborhood members are a part of the Cherry Creek School District 5, which is known for its science, technology, engineering, and math (STEM) educational programs.

 

Real Estate

 

The Piney Creek neighborhood is seeing median home prices of over $682,000, and now is a great time to put down roots in one of the most desirable neighborhoods of Centennial. With many people flocking to Centennial due to its restaurant scene, shopping district, and recreational activities, Piney Creek is the perfect place for a growing family or those that want to reconnect with nature and discover everything that Colorado has to offer.

 

Be sure to visit Colorado HomeFront to find out why we are the #1 buyer's agent in Colorado and to receive an offer in 72 hours guaranteed.

 

 

 

 

References:

 

https://www.modestateteam.com/blog/the-top-11-neighborhoods-and-places-to-live-in-centennial-colorado-in-2022/

 

https://www.pineycreek.org/default.php

 

https://www.colorado.com/cities-and-towns/centennial

 

https://www.coloradohomefront.com/centennial

 

 

 

 

March 27, 2022

You Looking To Buy A Home in Denver and what do Rising Home Prices Mean for Buyers

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We Got Tips For Selling Your Home in Today's Market