Market Report

While the median Selling Price is dipping lower and the number of homes entering the market is rising, Buyers are taking advantage of low interest rates and aggressive Sellers. The good news is that if a Seller is addressing market conditions, a home will sell quickly. 

New Central Evergreen Listing 

Walk to the Lake! Walk to Evergreen Library, Main Street, or the Recreation Center! This is a very special opportunity to have a newer home (built in 1997) with privacy, open space, and convenience. 

A generous Great Room includes a fireplace, dining area, spacious kitchen and pantry, hardwood floors, and Corian countertops. The home offers 4 bedrooms, 3 baths plus a spacious lower level for playroom, office or family room.

An overside 2-car garage with work cabinets is great for the handiman too.

Over 1000 SF of Trex decking expands your year-round living space.  The hot tub is included.

Only $58.00 a month in electrical bills, thanks to passive and active solar system help.

Call for showings: 303-670-6341. Check out www.5161Olive.com for more information about this lovely home.

Check out my website under Featured Listing for more information.

www.ColoradosRealEstate.com or www.MargaretStapleton.com

New Land Listing 

Formerly BLM land with only one owner since the Louisiana Purchase in 1803. 

Make the quick drive to Dumont - only 35 minutes from Breckenridge, or 35 minutes from downtown Denver and find the incredible views, lush untouched forests, quiet creeks you've looked for your entire life.

There are numeous building sites. Choose the Continental Divide view or a meadow view along Spring Gulch - an easy drive only 1.9 miles off of I70.  The aspen along Spring Gulch are over a foot in diameter. 

You can purchase Lot F (40.15) acres for $133.000 or Lot S (18.6) acres for $97,500 or combine the two adjacent properties for $230,500. Almost 60 pristine acres with Continental Divide views! 

Lot F is zoned for Mountain Residential and offers the added option of a Guest House too.  This property qualifies for a domestic well so you can keep horses. Take the easy 12 minute drive from I70 up Spring Gulch to a wide meadow and year-round creek and build a road to the top to enjoy all the beautify of this site. 

Lot S is zoned for Mountain Residential and offers continental divide views and flat building sites only 1.5 miles or 7 minutes from I70.

Check out my website under Featured Listing for more information.

www.ColoradosRealEstate.com or www.MargaretStapleton.com

Case-Shiller Indices Up for Denver

Denver-area home prices rose an average of 4.4 percent in April from April 2009, marking the sixth consecutive month of year-over-year gains, shows the closely watched S&P Case-Shiller Home Price Indices released today.

The 4.4 percent gain was the largest since the trend began in November 2009, when prices were up 0.5% from November 2008. Each month, the percentage gain has grown.

Still, the 4.4 percent was only good for eighth place of the 20 metropolitan statistical areas tracked by Case-Shiller, as other markets, which previously had shown greater losses than Denver, are now enjoying greater percentage gains. San Francisco showed the biggest gain, rising a whopping 18 percent from April 2009.

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Today's Rates 6-25-10

Colorado Mortgage Alliance | Robin McGlone

C30 Yr Fix w 1 pt 4.375%

C30 Yr Fix 4.625% no points

C15 Yr Fix w 1 pt 3.875%

C15 Yr Fix 4.125% no points

FHA 30 Yr Fix 1pt 4.5%

FHA 30 Yr 3.25% no points

Jumbo 30Yr Fix 1 Pt 5.375%

Jumbo 30Yr 5.625% no points

Jumbo 5 Yr ARM 1 Pt 4.125%

Jumbo 5 yr ARM 4.5% no points

Lowest in nearly 50 years

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