Too many of those pessimists who believe that the implosion of the housing market still has not reached its conclusion have discounted the viability of real estate completely. However, while we may not find ourselves in a sellers’ market, there is still plenty of profit to be made in real estate if those panicking would simply stop, decompress, and examine the financial terrain.

Although now is one of the most dangerous and least profitable times to try to sell real estate, it is one of the best times in recent memory to seek rental income from one’s current or new properties. The confusion of rampant foreclosures has led to a widespread shortage in housing for those seeking to rent, thus pushing rent prices ever higher. Added to that increase is the backdrop of strong government encouragement for those seeking to buy in the current market and its willingness to continue to suppress interest rates, both of which offer whatever extra nudge that could not be provided by the prospect of high rental earnings.

The opportunity to cash in on this economic trend is now, when the housing squeeze is at its worst and property values have essentially hit bottom, meaning would-be sellers might as well sit tight anyway. I pity those who are so desperate to sell, out of a fear of a coming steeper, irreversible drop in property values, that they will ignore the earnings potential available right now while settling for horrible losses in property sales now.

Buying real estate right now is obviously not going to create profit when turned around for an immediate sale. However, for anyone with a modicum of patience, the market has stabilized sufficiently to begin buying again and immediately begin earning rental income, even while waiting for housing prices to resume their creep upward. I am convinced that now is the time to buy, and those who aren’t personally ready will regret it in the months to come.

Post from: Urban Synergy Realty, Denver Colorado Real Estate, Denver Colorado Homes for Sale

The Bust Hits Bottom – Rental Income Restores Housing Market Viability

The Colorado Real Estate industry especially in Denver has proven to hold its value during these tough times. Whether you’re a Real Estate Investor or a Family looking to relocate, the Denver area has a lot to offer you for your buck. We mentioned investing because of the tourism that comes to Colorado every year during the winters. A vacation home can be used as a rental in some of the more prestigious areas such as the Aurora CO, Arvada CO, and Golden CO.

Denver is attractive for several reasons. There are over 200 parks in the Denver Area. We consider Denver to be educated, clean, and also very outdoorsy. The downtown area is filled with lofts and Victorian style homes that are surrounded by a beautiful skyline consisting of many skyscrapers. Beautiful mountains along with 300 days of sunshine are very attractive for folks that are looking to call Denver home.

At Urban Synergy Realty located in Thornton Co, we’d like to point out these 3 Victorian Style homes in the different parts Denver and why they would be a great place to call home.  

Homes For Sale in Denver

This Northeast Denver home is located in Parkhill and priced to sell very fast. The annual taxes are very reasonable coming in less than 2100.00. The entire basement of this fine home is completed to additionally add more useable living space. There are no HOA fees and this homes charm and location make this a dream home for any established or family thinking of starting one. Very negotiable with the pricing, and the seller is motivated to sell.

With plenty of curb appeal, this Denver Home located in the Dowington area is more than willing to accommodate the larger size family. With 4 bedrooms and over 2650 square feet of living space, there is a lot of room to live comfortably in for each member of this household. Again, taxes for this area are beyond reasonable coming in less than 2100.00. Complete with a new kitchen, granite countertops, and all appliances. You are getting extreme value for this area priced nicely per square foot.

This charming two story is located in the Uptown City area. Within ONE BLOCK of the city park, you can spend the mornings walking the dogs, playing with the kids, or just enjoying the serenity of the peacefulness the area has to offer. A true historic home which was built in 1908 offers almost 2700 square feet of living space. Enjoy a quiet evening in sitting with the family in front of the fireplace or entertain lots guests in the spacious family room. This location for the money spent is beyond reasonable. Always important to mention, taxes are less than 1700.00 annually.

While many folks are heading east from States that are really feeling the turmoil from the mortgage crisis, Denver is still holding its value and growing at a much more lucrative rate. Your new Denver home awaits you; give us a call today to schedule a showing of one of these beautiful homes in Denver Colorado.  

Post from: Urban Synergy Realty, Denver Colorado Real Estate, Denver Colorado Homes for Sale

Denver Home Buying 2009

Destin, FL  December 30, 2008 — The annual best and worst housing market forecasts for 2009 have been released by Housing Predictor dot com, which forecasts more than 250 local real estate markets in all 50 U.S. states. The Top 25 Markets and the Worst 25 Market forecasts are issued annually and updated throughout the year as local market conditions change.

The best and worst markets have the highest probability of hitting their forecast appreciation and deflation from all the forecasts the research company issues. Nearly two years ago, long before the credit crisis became daily headline news Housing Predictor analysts forecast-ed the foreclosure epidemic and the real estate depression.

Despite the fall out of the credit crisis, however, there are housing markets that are projected to be exceptions in the worst economy since the Great Depression in 2009, illustrating the fact that real estate markets are normally driven by local market dynamics.

North Dakota, Montana and Colorado all have markets forecast to appreciate in 2009 that made the Housing Predictor Top 25 market list. A total of seventeen housing markets scattered throughout the country are forecast to appreciate during the year.

The national epidemic of foreclosures has topped 3.3-million homes and is projected to worsen in 2009 as the second round of Alternative A Option adjustable rate mortgages reset. More than 3-million ALT A mortgages will reset in 2009 alone. As a result, a high number of housing markets will sustain double-digit housing deflation as Congress and the new White House Administration of President-elect Barack Obama try to come up with solutions to aid the nation’s ailing economy.

Markets in more than three dozen states are projected to sustain double-digit housing deflation, including California, Florida, Michigan, Hawaii, Massachusetts, Arizona, Nevada, New York, Connecticut, Delaware, South Carolina, New Mexico and Georgia. The troubled auto industry is impacting markets in the mid-west, triggering more foreclosures, including Indiana and Ohio.

Colorado made it as one of the best real estate markets in the country! Who says now is not the time to buy real estate in Denver?

Post from: Urban Synergy Realty, Denver Colorado Real Estate, Denver Colorado Homes for Sale

Best and Worst Real Estate Markets in 2009

Between December 2006 and December 2007, the average home price for Denver Real Estate dropped 3% from $312k to $303k. The first 11 months of 2008 is showing compared to the same periodlast year, Denver Real Estate has dropped and additional 13% down to $269k.

Looking at the chart you can see alot of variations from city to city, as we still have a few areas and cities that the average home price has increased. Now looking at the metro area as a whole and having areas still gaining in value is a positive thing in my book.

Post from: Urban Synergy Realty, Denver Colorado Real Estate, Denver Colorado Homes for Sale

Changes in the Average Home Prices

The economy is failing and the sky is falling, or so the experts want you to believe. Watching the news you might think that there is no chance to make any money in the market today and investing in real estate is going to be a loser’s game no matter where you end up. This isn’t exactly accurate, though. What the experts don’t tell you is that economic problems are usually more local than anything else. While one area might be struggling to make it, another could have a particularly sunny outlook.

The popular comedy Old School referred to Denver as “The Sunshine State” and there may be some truth to that if we’re talking real estate values. Though no one will confuse the crisp Denver temperatures for those in Florida, one might say that the sun shines bright on Denver real estate values. The current prospectus is looking good in spite of the economic downtown that the rest of the country is currently facing.

While other areas might be considered a “no buy” in real estate terms, you can invest freely in Denver without much worry. Things seem to be getting better in both the metro area and in the surrounding suburbs. More and more young people are moving to the area as businesses are creating jobs for qualified applicants. If you have been looking for a safe haven in terms of investing in real estate, Denver might just be the place. Both the long term and short term outlook for the city is strong and there is a lot there to draw more and more individuals in.

Post from: Urban Synergy Realty, Denver Colorado Real Estate, Denver Colorado Homes for Sale

The Economy and the Denver Real Estate Market

Denver

With the final numbers being released for the end of November 2008, the inventory levels in the Denver area continue to drop. Seasonality has some part to do with the drop, but all in all it looks like we are making some progress in getting some of our inventory sold.

Although less inventory means less options for buyers to choose from, it is a positive thing for owners looking to sell. This could mean that now is a great time to list your home to the open market with less competition to deal with.

Post from: Urban Synergy Realty, Denver Colorado Real Estate, Denver Colorado Homes for Sale

Inventory in the Metro area drops again

Initially, it is wise to look at the market from a purely individual standpoint. During the holiday season, the individual citizens of this great city will have a considerable amount of money tied up in buying presents, and in celebratory gatherings. Money can be tight during this season, to say the least. With this in mind, the potential Denver home buyer will likely be temporarily stuck within a tighter budget. On the sellers end, this lack of regional individual funds will force them to either offer a home at lower prices or force them to let the home float on the market until post season buyers come forth.

With these facts in mind, one can view this from either a positive or negative outlook. On the negative side, it seems that there will be a considerable lull in the market during the actual days of the holiday season. Though this does sound bad, one must also consider the positive aspect. As a general rule, based upon statistics of years past, with the realization of coming holiday expenses, potential buyers will likely rush to purchase the prospective home before the season actually hits. Also, most individuals wanting to purchase a home during this time of year will want to have a home in their ownership and be moved in before the holiday season actually begins. When you put these aspects together, you have a sudden temporary onslaught of buyers looking for homes. At the same time, there are also the buyers who rush forth after the holidays to secure the new home.

When all of these facts are taken into careful consideration, the exact time frame for selling prime Denver real estate becomes quite clear. If possible, set your real estate up for sale in the target area of just slightly before the holiday season begins. If that is not an absolutely feasible time frame, take advantage of the extra days of the holiday season as a time to make repairs, upgrades, and just generally accent your property so that you can actually sell it for more after the season passes. Utilizing these facts, you can actually sell your Denver Real Estate for more than what you had originally planned.

Give one of our Denver Real Estate professioanls a call to utilize this window of opportunity or visit our main site at http://www.UrbanSynergyRealty.com toget more information on selling your home.

Post from: Urban Synergy Realty, Denver Colorado Real Estate, Denver Colorado Homes for Sale

The Holiday Seasons Effect on the Denver Real Estate Market

The Denver Housing Market is certainly something that is attracting a lot of people from all over the country. Whether you have decided to relocate to the area or simply invest in some properties to use as rentals now is certainly the time to take a serious look for what is available to you. There are a lot of Denver Homes that are simply sitting there waiting for the right person to come along with the means and the dream to turn it into something amazing and profitable.

When looking at the Denver Housing Market, make sure that you are smart from the beginning so that you are not setting yourself up for failure. Even though it may be tempting you will want to make sure that you are looking for Denver Real Estate that you can afford to purchase, maintain, and fix up if the need is there. Do not set yourself up to be another one of the Denver Foreclosures by getting yourself into more then you can financially handle.

If you are not extremely familiar with the area then that is something that you are going to want to research when you are taking a look at the Denver Housing Market. There is nothing worse then going in as an uninformed and uneducated buyer as you will be more likely to make a bad judgment call that way. Simply make sure that you are doing all of your homework to make sure that you are getting the best that the Denver Homes have to offer you and your family.

If you feel that you may not be able to learn enough on your own about the area and the market then you can always look for a little outside help. Whether it is a friend, family member, or a real estate agent, make sure that you are getting the help and guidance you need to make sure that you are making smart financial decisions. In the end you will be glad that you took that little bit of extra time in order to make sure that the home you purchase is not going to be one that you regret.

Post from: Urban Synergy Realty, Denver Colorado Real Estate, Denver Colorado Homes for Sale

Current Denver Housing Market

Denver is a growing metropolis. The Denver real estate scene is quite attractive. The office buildings, restaurants, shopping centers, and entertainment venues are situated in downtown of Denver. This area is a thriving one but also safe and clean. The heart of downtown offers condominiums, lofts, town homes, and single-family homes for aspiring homebuyers. Cherry Creek, Crestmoor, Belcaro, Bonnie Brae, Hilltop, Washington Park, Denver Country Club, and Polo Club are highly exclusive communities around downtown. Prices of condominiums and homes in this area are priced around $400 to $500 per square foot.

If you prefer a lifestyle of high-rise condominium, LoDo, near the Coors Field area, is the best one. Other areas near LoDo are Curtis Park, Highlands, Riverfront, and Golden Triangle. They are also developing rapidly and offer ample scope for developers to plan neighborhoods and homes. Curtis Park and Highlands are witnessing the renovation of old historic houses. Apart from Golden Triangle, Baker, Regis, and City Park are also undergoing renovations.

Cherry Hills and Greenwood Village are among the affluent suburbs in south Denver. Cherry Creek, Centennial, Aurora, Englewood, and Littleton are the other suburbs. All of them have lots of open space and very low crime rate. However, the biggest attraction for people relocating to Denver is Highlands Ranch, the largest planned community area in Denver. This neighborhood lies between Arapahoe and Douglas counties. The community is a mixture of suburban neighborhoods and rural sections and is an ideal place for Denver homes for sale.

The suburbs of Lakewood and Westminster lie in the west of Denver. This area is a combination of old homes and new construction. The nearby foothills have the suburbs of Morrison, Evergreen, and Conifer. These could be termed as mountain communities, with excellent views, golf courses, trails, and gravel roads. The northern suburbs include Broomfield, Louisville, Boulder, and Lafayette, with housing and shopping opportunities. Another area with old and new structures abounding side by side contains the communities of Northglenn, Thornton, Commerce City, and Brighton.

As such, Denver real estate and Thornton real estate offer ample scope for developers and home seekers. Denver homes for sale are mostly affordable and the recent slump in real estate prices had made investment in Denver real estate more attractive.

Post from: Urban Synergy Realty, Denver Colorado Real Estate, Denver Colorado Homes for Sale

Denver Real Estate Offers Attractive Options