Harvest Ridge Subdivision Home For Sale – Thornton CO

9844 Vine Ct, Thornton, CO

For Sale

Presented By:

Ruth A Cullis

Real Estate Consultant
Keller Williams Realty Downtown
303-944-2626
Office: 303-539-5700
Licensed In: CO
License #: FA0011891

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Property Description

Beautiful Tri-Level home with finished basement. This recently remodeled home is ready for to move in. The main floor includes a formal living room for those quiet evenings at home or a quiet place to ready your favorite book. The kitchen with stainless steele appliances, ceramic tile, eating space and center island has easy access to the deck that looks over your large private yard with gardening beds for a beautiful flower or veggie garden. The family room, great for family game night, entaining includes built-in speakers and a cozy gas fireplace. The finished basement makes for a great media room or game room, and incldes a wetbar with win cooler. Upstairs you will find the master bedroom with walk-in closet and master bath with dual vanity and granite counter tops. The additional  2 bedrooms share a full bath with bath tub/shower and granite counter tops. Of course we don’t want to forget the 2 car oversized garage. This great home is located within walking distance to two parks and easy access to the main highway and close to shopping. Call today to schedule your privae showing of this wonderful home.


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How long do I have to wait to puchase a home after a Bankruptcy?

IMG_0842I get many questions from buyers wanting to purchase a home after they have had a bankruptcy, Short Sale, Deed-in-lieu of or Foreclosure, regarding how long they need to wait to qualify for a new mortgage.

The answer depends on what type of program you are using to finance a new property. Of course there could be some extenuating circumstances that could change the time frame, that is why it is a good idea to talk with the mortgage loan officer to get all the facts.

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What’s Happening In The Denver Real Estate Market

Here are some quick highlight of what is going on in the Denver Real Estate Market for the month of July.www.Culliscoloradohomes.com -  Grant Circle

  • In July 2013 50.6% of closed transactions went for at or over their asking price compared to 55.5% in June of the same year.
  • In July 2013 38.7of closed transactions went under contract in 7 days or less compared to 42.7% in June 2013

Here are some interesting market activity: These figures represent Single Family Homes

  • July 2011 there were 14,014 Active Homes on the market
  • July 2012 there were 9,087 Active on the market Homes
  • July 2013 there were 8,286 Active homes on the market
  • July 2011 Under Contract Homes were 3,386
  • July 2012 Under Contract Homes were 4,181
  • July 2013 Under Contract Homes were 5,752
  • Sold Homes in 2011 3,082
  • Sold Homes in 2012 3,713
  • Sold Homes in 2013 4,857

Which means that inventory is down -8.81% from July 2012

  • The average days on market is 37 days and this is in all price ranges, with the shortest days on market in 24 days in the price range of $200,000-$399,000 with the largest days on market of 135 days in the price range of 1M-3M. This is for residential properties in the Metro Denver area.

So what does all these number mean. If you are a seller it is a good time to sell, especially if you have been putting off selling the last few year. Do remember that pricing your property right the first time your property will go under contract faster and possibly for a higher price, netting you more money. Of course, you will take into consideration condition, location, what has sold in the neighborhood, etc.

Curious about what your property would sell for in today’s market? Visit CullisColoradohomes.com  and visit the Market Insider tab to see what is happening in your neighborhood. Ready to make a move contract me, Ruth Cullis

Until next time!

Ruth A. Cullis

 

*Based on information from Metrolist, Inc. for the period shown above. This representation is based in whole or in part on content supplied by Metrolist, Inc. Metrolist, Inc does not guarantee nor is in any way responsible for its accuracy. Content maintained by Metrolist, Inc. may not reflect all real estate activity in the market.

This Month in Real Estate – February 2011

 

January 2011  Market Update

The housing market is recovering. As more home buyers are taking advantage of the improved affordability conditions. With mortgage rates hovering around recent record lows and home prices having generally stabilized, economists are expecting an upward trend to a healthy and sustainable level in 2011.

Encouraging signs are showing up across the economy. Retail sales recently hit their highest level since before the recession. Key measures of small and big businesses’ optimism marched back up to prerecession levels and new claims for jobless benefits are trending lower. Together they bode well for steady job creation and improved consumer confidence which is generally manifested in more spending.

As the economy improves, current stimulus efforts by the government and the Federal Reserve Board are expected to gradually wind down. Meanwhile, serious buyers stand to benefit from historically favorable buying conditions.

 

Home Sales

Existing home sales resumed on an upward trend since bottoming in July. Sales activity rose to a seasonally adjusted annual rate of 4.68 million in November. This was up 22% from July and 5.6% above the 4.43 million level in October, but remained 27.9% below the 6.49 million tax credit rush a year ago. As steady job creation is expected to continue, industry experts are hopeful for 2011.

 

 

Home Price

Home prices continued to stabilize. Median home prices edged up slightly to $170,600, 0.4% above year-ago levels. Distressed homes have accounted for a fairly stable market share, representing 33% of sales in November. This is on par with the 34% in October and 33% in November 2009. Historically favorable interest rates, coupled with stable home prices, continue to offer advantageous buying opportunities .

 

Inventory

The number of homes on the market continued to decline. Total inventory fell to 3.71 million in November from 3.86 million in October. This reflects the increasing response from buyers to improved affordability conditions. As lending standards return to historical norms and consumers become more confident about their financial situation, more people will be able to buy their first home, move up, or invest.

 

Affordability

Housing affordability set a new record in November. The relationship between mortgage rates, home prices, and family income is the most favorable on record for buying. The home price-to-income ratio, currently at 13.5%, continues to remain well below the historical standard. Stabilizing home prices and rising interest rates are expected to begin drawing affordability back up toward more normal levels.

 

Source: National Association of Realtors – October housing data released December 22.

Interest Rates

Mortgage rates are inching up but remain historically low. This trend continues to support home buying as it translates to significant savings for buyers. As overall economic recovery remains on track, rates are expected to rise to keep inflation in check.

 

Type
Rate
30 year fixed
4.77%
15 year fixed
4.13%
5/1-year ARM
3.75%
30 year average for a 30 year fixed rate mortgage

8.9%

Source: Freddie Mac, Rates as of Jan 7.

This Month’s Video

Topics For Home Owners, Buyers & Sellers

Use the Season to Your Home-Selling Advantage

 

While summer is generally known as the peak season for home sales activity, the winter can also offer great advantages for sellers – such as less competition from other sellers. With a little effort, you can use the season to your home-selling advantage.

Let’s put these ideas to work, so your home shows at its best.
Keep snow and ice at bay. If the buyer can’t get in easily, the house won’t sell. That means keeping walkways and driveways free of the frozen stuff. You want to make the home look well maintained.

Warm it up. Think warm, cozy, and homey. Before a buyer comes through, adjust the thermostat to a warmer temperature to make it welcoming. If you have a fireplace, turning it on right before the tour can create a more welcoming ambience.

Emphasize winter positives. Is your home on a bus route or some other vital service that means it’s plowed or deiced regularly in bad weather? Be sure to mention that to the buyers.

Make it festive. Even if you’re not actually going to be present, greet your buyers as if they were going to be guests at a party. Set up the dinner table with the good china and silver. Have a plate of cookies for your guests, some warm cider, or even chilled bottles of water.

Use the season to your advantage.  When the holidays are over, you can still use winter wreaths and dried arrangements around the door to spark interest. In the winter, with the leaves off the trees, you might also have a nice view that isn’t as apparent in the spring and summer months.

Source: msn.com
 

Contact me,

Ruth Cullis 303-944-2626 or email Ruthcullis@kw.com your Denver real estate expert,for information about what’s going on in our area.

 

 

Brought to you by KW Research. For additional graphs and details, please see the This Month in Real Estate PowerPoint Report.
The opinions expressed in This Month in Real Estate are intended to supplement opinions on real estate expressed by local and national media, local real estate agents and other expert sources.  You should not treat any opinion expressed on This Month in Real Estate as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of opinion.  Keller Williams Realty, Inc., does not guarantee and is not responsible for the accuracy or completeness of information, and provides said information without warranties of any kind.  All information presented herein is intended and should be used for educational purposes only.  Nothing herein should be construed as investment advice.  You should always conduct your own research and due diligence and obtain professional advice before making any investment decision.  All investments involve some degree of risk.  Keller Williams Realty, Inc., will not be liable for any loss or damage caused by your reliance on information contained in This Month in Real Estate.

Mortgage Rates At An All Time Low

The last time we saw rates this low was 1972. Where were you in 1972? Where you  a baby? Just starting school ? Or just a twinkle in the eyes of your parents, maybe not even a twinkle. So, if you missed the first round of  low rates this is the time to buy. Sure I have had many people say it’s a tough time to buy, the banks are not lending money, it’s harder to get a loan. Well, yes the rules have changed some but, people are out there buying homes. If you missed out on the tax credit, that’s okay, you can buy more home now then you could during the summer.

So you may be wondering what, when and how can I purchase a home? You can get all those questions answered with the Home Buying Seminar scheduled for Saturday, September 11, 2010. Bring your questions and get the straight scoop. Call me to RSVP 303-944-2626.