Real Estate Blog Archives

2023 Property Tax Appeals – Tips and Tricks

18 May 1:44 pm

Be Clear, Be Concise and Be Kind This seems to be the subject of the Month. We have had so many folks reach out to us about appealing their property taxes and in the meantime we have gone on a mission to learn all we could about what a successful appeal looks like. There are 3 components to your property tax bill: 1) Assessment Rate from State Statute 2) Tax Rate (Mill Levy) based on Taxing Authorities in your Taxing District 3) Assessor’s Actual Property Value based on Sales in the Study Period: July 1, 2020 – June 30,…

Don’t Kill the Miller Moths

17 May 12:47 pm

A Case for Coexistence Colorado’s beautiful landscapes are home to a variety of flora and fauna, including the humble Miller Moth. While their annual arrival may be met with mixed feelings by residents, the humankind, it is important to recognize the ecological value of these insects and understand why they should not be indiscriminately killed. In this article, we will explore the significance of Miller Moths in Colorado’s ecosystem and highlight the benefits of coexisting with these fascinating creatures. Natural Pollinators One of the crucial roles Miller Moths play in Colorado’s ecosystem is their contribution as natural pollinators. These moths,…

The Many Faces of The Denver Housing Market

3 May 3:05 pm

As we head closer to the much-anticipated Spring Real Estate Market we are seeing a split view. Our client’s stories vary, on one hand they are seeing homes under 400K selling for less than asking price with lots of contract contingencies. The other hand in the luxury market (above 1 million) experiencing multiple CASH offers with no contract contingencies accepted (The stats say otherwise by the way: Homes under 1 million getting 100% of asking price and homes selling over 1 million getting 99.23% of asking price). In most cases these stats do not support what our active clients…

JUST LISTED!

20 April 2:12 pm

4973 S DILLON ST. #130 AURORA COLORADO ASKING PRICE: $314,900 BRIGHT AND OPEN FLOOR PLAN Property Highlights 2 BR/2 BA (2 Primary Suites with Walk In Closets!) Cozy Gas Fireplace in the living room Large Living and Dining Rooms Detached Garage and a Permitted Open Parking Space Washer and Dryer Stay Vaulted Ceilings Tons of Natural Light Front Porch to enjoy Sunset Skies For More Information Contact Us Today!

Real Estate March Madness

19 April 3:59 pm

A Busy March If you thought the basketball version of March Madness was Mad hold on to your nets because it clearly bounced into the Real Estate Industry as well. Between Mortgage Rates, CPI, the Fed, lack of inventory and of course bank failures we were all over the place nationally and regionally last month. Active inventory is up, closed homes sales are up, average close price is up and days on market are down (see stats below for exact numbers). All of that speaks to a very active Metro Denver Real Estate market for the month of March. Last…

Manifest an Early Spring by Sprucing up for It

16 March 12:13 pm

Spring Cleaning Tips Time for spring cleaning has arrived! Here is a helpful list of items that you may clean on a regular basis, but if you don’t, Spring is the perfect time to get after it! We have lots of cleaning referrals if you need one so please don’t hesitate to reach out! Every Room in the House: -Dust ceiling fans and light fixtures -Clean windowsills and window tracts and vacuum window treatments and window blinds -Wipe down shoe molding and dust room corners for cobwebs -Test batteries in all your smoke and carbon monoxide detectors, disinfect doorknobs, cabinet…

Is there Stabilization in our Future?

7 March 12:40 pm

We asked last month “Is this a Blip or Flip?” Well, the answer is: it’s looking like a Blip. Interest rates went into overdrive again and buyer applications for new mortgages visited a low not seen since 1995. The voracious activity we saw in January and early February has come to a halt thanks to interest rates going from high 5’s to 7% in 3 weeks’ time. Buyers and Sellers are looking for stability in economic data and we think that stability is in volatility, at least in terms of interest rates for the near term. Rates will fluctuate pending…

February 2023 Closed Homes

6 March 2:50 pm

February 2023 Closed Homes It was our pleasure to help these First Time Home Buyers find and purchase this beautiful home. They scooped it up for less than ask and got some cash back at closing to help with the move! The Walters Group is always happy to help you Buy, Sell or Invest in Real Estate~ please reach today to chat!

Is this a “Blip” or a “Flip” for the Denver Housing Market?

7 February 2:44 pm

January 23 Housing Market Update It has been a whiplash kind of month in the Denver Metro Real Estate market. We went from homes sitting for 45 plus days since June of 2022 to stale listings getting re-listed and going Under Contract with multiple offers again. In September, October, and November of 2022 Buyers were asking and getting cash at closing to buy down rates, multiple inspection items repaired and the luxury of being the only buyer coming forward with an offer on a home. This trend continued through December of 2022 but after the first weekend in January…

Denver Happenings in November

28 October 1:07 pm

Just like that, it’s November! It getting cold, so bundle up and check out these Denver Happenings with friends and family! Denver Film Festival: November 2-13 The largest film festival in the Rocky Mountain region brings international cinema, filmmakers, virtual reality, immersive experiences and creative conversations to Colorado. Events will take place all over town. Denver Arts Week: November 4-12 Celebrate The Mile High City’s arts and culture scene with hundreds of events around the city. Explore vibrant art districts, check out museum exhibitions and outdoor sculptures, indulge in the performing arts, be inspired at film and literary events, and even buy some art of your…

September Denver Market Update

7 October 3:16 pm

The Cooling Continues is our headline for the month! Mortgage rates landing around 7% after the Fed meeting really sealed the deal on a slowing of the housing market. What we are seeing in our local market is a more balanced housing market right now and even more balance coming our way. We have been without balance for an extended period and those of us in the housing business know that the only way for win-win transactions for both Buyers and Sellers is a balanced market. To get there, we are going to need more inventory and while that is…

Denver Happenings in October

29 September 7:39 pm

Did someone say OCTOBER?! How in the world did that get here so fast? To be honest, not sure that we care either way because that means all things fall are here! Check out what’s happening in Denver for the month of October. Get ready to get spooky! Prairie Harvest Fest: October 1, 2022 Back for a third year, this FREE fan-favorite event features all things fall including hay rides, games, pumpkin patch and more! Headlined by Denver’s favorite band — Funkiphino! Fun starts at 10am and runs ’til 3pm! Head over to Painted Prairie for some family-friendly fall fun y’all! Great…

Despite a Cool-Off, Denver Metro is still favoring Homes Priced Right & in Good Condition

5 August 2:55 pm

July Housing Update DMAR came to the table this month with some good data points about our current housing market, in addition to sharing their information we are also going to share what we are seeing in real time. What we noticed last weekend was that the drop-in interest rates did indeed bring more buyers out hunting, but it also saw new listings come to the market still overpriced. The Buyers we were working with were so perplexed by some of the homes they saw regarding condition and pricing and just walked away or refused to see homes that were…

10 Years of Housing Crash Stories Explained

22 July 11:57 am

After watching Chris Magnotta’s video about this very subject we thought it would be interesting to include it in this week’s newsletter. The housing market “crash” has been talked about every year since 2007/2008 when it really took a nosedive (also the year we started our fist real estate company). Ever since then it has been predicted to crash because of some indicator or another every year. Most of us believe that a recession is coming our way in 2023, how wide or deep that takes our country remains to be seen. A recession influences the housing market differently…

Denver Market Update

8 July 2:01 pm

June 2022 Housing Market Update A shift is upon us, for sure! Exactly how much of a shift remains unclear as the influencers to the market vary greatly. The big story this past month is inventory and the increase that June saw was huge. We are for the first time since early 2020 above more than a month of inventory available to choose from as a buyer. Other strong influences on inventory and our market are mortgage rates, 20% of all homes sold last year are investor purchases, inflation numbers, how many people stay in place because of Rate Lock, the…