November Newsletter

Real Estate News and Holiday Events

November 13, 2014

Newsletter, November 2014

Todd Holmes, Realtor

®

RE/MAX Alliance 3000Call, Text, or Email(303) 570-3419

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Sold!15594 E. Arizona Ave.Unit #204Aurora, CO 80017Two bedroom, two bathroom condo in South Aurora.Sold for $89,900(full price, cash buyer)

Client Comments:

“Very easy to work with and always available for questions or needs.”Linda C.Seller and Buyer

“Todd is awesome, he made this scary experience of selling our house easy for us. I will use his services again.”Mike C.Seller

Dear

,Brrrr.... I guess this week's cold weather must be payback for the mild Fall temperatures of recent weeks. Despite the inevitable cool weather ahead, the Denver real estate market is shaping up for a strong end of the year. Inventory remains extremely low and buyer demand is strong leading to an active selling season. It actually feels like the busy Spring/Summer months right now.The current conditions are very positive for home sellers and, with a good outlook for 2015, the best conditions for home buyers too. Contact me if you or someone you know plan to buy or sell.Best regards,ToddFive Star Real Estate Professional, 5280 MagazineRE/MAX 100% Club & Executive ClubRecent Client Testimonials

Denver Area Housing Prices Remain Strong

According to Metrolist, Colorado’s largest MLS and the provider of REcolorado.com, many of the housing indicators for October 2014 showed little change month over month. However, prices remained strong.

With 8,041 active listings on the market, inventory of available homes showed the slowing that is expected this time of year. In October, the active listings slid 10 percent as compared to last month, and were down 23 percent as compared to this time last year. The number of new listings that came on the market was down eight percent month over month and two percent year over year.

“With inventory levels remaining tight in October, the market stayed nearly as competitive as it was during the summer selling season,” said Kirby Slunaker, president and CEO of Metrolist. “Home prices climbed a bit, and days on market remained low, indicating continued demand.”

After two consecutive months of decreases, October brought an increase in the average sales price for single family homes. The average sold price in October was $323,750, up one percent from last month and a seven percent increase year over year.Click here to read the entire article.Contact me if you have questions or would like to see specific data for your community.

New Listing in Reunion17054 E. 102nd Place, Commerce City, CO 80022Updated and ready to move in... five bedrooms, 3 bathrooms, 2237 square feet of living space plus an unfinished basement. Upgrades include granite countertops, oversized sink, designer paint, upgraded lighting, custom patio, oversized garage, hardwood flooring, air conditioning, and much more!Convenient to Reunion's many parks & trails, the neighborhood pool, and recreation center. Just a short drive to E470 and DIA.Offered at $329,000Click here for more information.