Happy Monday, I hope you had an amazing weekend! As always I like to start the week off right with some words of motivation…
“Your Life Does Not Get Better By Chance… It Gets Better By Change.” Jim Rohn
We must be willing to make the necessary changes in our lives to become the people we know we are capable of becoming… Keep pushing an keep up the amazing work!
ARVADA
Where: Lutz/Stenger Sports Complex (entry at 58th Avenue and Oak Street)
Time: starting at 4 p.m. July 4 with food trucks, live entertainment and a KOOL 105 simulcast.
Fireworks Time: begin at 9 p.m. arvadafestivals.com.
AURORA
Where: The Aurora Municipal Center hosts the city’s – 15151 E. Alameda Parkway
Time: 6:00pm – 10pm – music food
BOULDER
Where: CU’s Folsom Field.
Entertainment: 8:30 p.m. entertainment from The Mighty Twisters and Mad Hops jump rope team Firework Time: 9:40 p.m. All events on July 4 are at CU’s Folsom Field. Free shuttles run from downtown and the Twenty Ninth Street mall beginning at 7:30 p.m.
BRIGHTON
Where: Carmichael Park, 650 E. Southern St.,
Entertainment: 4pm Free kid’s activities, “group dancing” and even a laser show. p.m. July 4, with Fireworks Time: 9:45 p.m. brightonco.gov
BROOMFIELD
Where: Bloomfield County Commons
Entertainment: 5pm children’s carnival, petting zoo and food/drinks, bike parade, and concert, concert
Firework Time: 9:30 p.m. fireworks. ci.broomfield.co.us.
COMMERCE CITY
Where: Game and main events at 6000 Victory Way. Or Skip the game and go to outside the game at Burgundy Boulevard.
Entertainment: Karaoke, trampolines, disc golf, human hamster balls, live music, food and drink and other diversions. coloradorapids.com.
Firework Time: 9:30pm
DENVER
Where: Civic Center/fireworks display July 3.
Entertainment: free concert, City and County Building light show and the 8 p.m.
Firework Time: After light show
ENGLEWOOD
Where: Belleview and Cornerstone parks
Entertainment: Pirate’s cove, miniature train and kiddie farm, Food, batting cages, miniature golf and Firework time: 9:30 p.m. fireworks. englewoodgov.org.
ERIE
Where: July 3 at Colorado National Golf Club, 2700 Vista Parkway.
Entertainment Activities begin at 5 p.m.
Firework Time: Dusk
GOLDEN
Where: Lions Park Ballfields plays host to this city’
Entertainment: noon-til fireworks. rides, face painting, live music and food/drinks.
Firework Time: 9:35 p.m. fireworks display cityofgolden.net.
GLENDALE
Where: Four Mile Historic Park is offering fireworks July 1
Entertainment: 5 p.m. historic games, historic demonstrations, live music, horse-drawn wagon rides. Food trucks and a beer garden will be on site. fourmilepark.org/events.
Firework Time: Dusk
FORT COLLINS
Where: Mountain Avenue / City Park/Sheldon Lake
Entertain:10 a.m. Parade along Mountain Avenue / City Park 4:15 p.m. live music
Fireworks Time: 9:35 p.m. over Sheldon Lake. visitfcgov.com/july4th..
JEFFERSON COUNTY
Where: Clement Park (7306 W. Bowles Ave.)
Entertainment: 5 p.m. Food, adult beverages, exhibitor booths, the Wash Park Band and a
Firework Time: 9:30 p.m. ifoothills.org/events.
Where: Bandimere Speedway’s Jet Car Nationals & Family Festival on July 2 (costs $14-$55)(children 5 and under are free)
LAFAYETTE
Where: July 4 event at Waneka Lake, 1600 Caria Drive in Lafayette
Entertainment: 4p.m Chris Daniels & the Kings, face painting and
Firework Time: 9:30 p.m. fireworks are free, but fees apply for food, beer and kid-friendly inflatables and pony rides. lafayettecolorado.com.
LONGMONT
Where: Boulder County Fairgrounds (9595 Nelson Road)
Entertainment: Longmont Symphony’s free Independence Day Concert at noon in Olde Town Thompson Park, Bross Street and Fourth Avenue
Firework Time: 9:30 p.m.longmontcolorado.gov.
LOUISVILLE
Where: Coal Creek Golf Course (free shuttles will be provided 6-11 p.m. from the Louisville Recreation Center and Home Depot parking lots)
Entertainment: 6 p.m. live music, food trucks and concessions, a bouncy castle, games, free face painting.
Firework Time: Dusk. louisvilleco.gov.
NORTHGLENN
Where: Webster Lake in E.B. Rains Jr. Memorial Park across from City Hall, 11801 Community Center Dr.
Entertainment: 7 a.m. with a Boy Scout pancake breakfast followed by the Patriotic Pooch Parade, a four-mile run, the Bike, Trike & Wheelchair Parade, kids fun area, car show, live music and bake sale. Food and community booths open at noon.
Firework Time: 9:30 p.m. at northglenn.org/july4th.
PARKER
Where: Salisbury Park, 11920 Motsenbocker Road (6-10 p.m.)
Entertainment: 6 p.m. free bounce houses and “inflatable activities,” local food, live music
Firework Time: 9:30 p.m. at parkeronline.org.
THORNTON
Where: Carpenter Park (11000 Colorado Blvd.)
Entertainment: 4 p.m. food/drink, live music, a presentation of colors and more.
Firework Time: 9:30 p.m. skydivers and fireworks after they land. cityofthornton.net.
WESTMINSTER
Where: Carpenter Park (11000 Colorado Blvd.) / City Park Soccer Fields, 10475 Sheridan Blvd.
Entertainment: Carpenter Park – kid’s activities and food vendors, plus a car show and live music (Nacho Men)
Firework Time: Sheridan Blvd. Parking is limited, and organizers recommend using a free shuttle from various locations in Westminster and Hyland Hills.
Black Knight Financial Services reported the mortgage delinquency rate for each state and once again Colorado has the lowest mortgage delinquency rate in the country with just 2.12% of our mortgages more than 30 days late. Why is this important? First, if peoples’ homes were truly unaffordable they would quit making their mortgage payments. Second, this tells that there are incredibly few distressed sales coming over the next 6 months. Third, with very few distressed sales, home prices will keep rising. (author: Lonnie Glessner)
Come join me for an open house this Sunday June 25th from 2pm – 4pm
On Monday the Colorado Supreme Court did what our state legislators couldn’t do as the Supreme Court voted 5-2 to affirm the Colorado Court of Appeals ruling “that developers can retain a right to consent to any HOA’s proposed amendments on contracted declaration regarding arbitration for construction-defects claims,” per the Denver Business Journal.
The case involved was Vallagio at Inverness Residential Condo Association v. Metro Homes Inc in which the condo association voted to change the developers By-Laws that then allowed the condo association to sue for construction defects instead of using binding arbitration that the By-Laws from the builder required. The condo association believed that the Colorado Consumer Protection Act provided them with the right to vote to switch from binding arbitration to litigation. The Colorado Supreme Court rejected this argument.
Worried about PMI (Private Mortgage Insurance)? I work with a lender that has programs with 3% or 5% down on conventional loans. These programs require NO mortgage insurance by using Freddie’s Home Possible Advantage program with 3% down and their Home Possibly program with 5% down. You do need to make < $80,100 or the property does need to be in an area that is not income-restricted. Call me with questions! HAPPY SUMMER!
With job growth comes population increase, with population increase come housing demand. The US Census Bureau just released population growth figures for the year that ended July 1st, 2016. For that year the City of Denver added 13,028 net new people to its population, now totaling 693,060 people. Denver ranked #13 among large cities for the number of people added.
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Minutes released from the Fed’s May FOMC meeting support a possible rate hike in June. However, chances of a September rate hike went down. |
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The average sales price for May single family detached homes came to $483,376 and $319,017 for Condos and Town-homes. This is a steady increase month over month since the beginning of the year. ( Data provided from REColorado for Aurora, Northglenn, Westminster, Lakewood, Thornton, Arvada, Englewood, Edgewater, Centennial, Littleton, Bloomfield, Denver, Golden, Lone Tree) |
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In my last issue I talked about job growth being one of our factors for the increase in housing prices. With job growth comes population increase, with population increase come housing demand. The US Census Bureau just released population growth figures for the year that ended July 1st, 2016. For that year the City of Denver added 13,028 net new people to its population, now totaling 693,060 people. Denver ranked #13 among large cities for the number of people added. |
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Worried about PMI (Private Morgage Insurance)? I work with a lender that has programs with 3% or 5% down on conventional loans. These programs require NO mortgage insurance by using Freddie’s Home Possible Advantage program with 3% down and their Home Possibly program with 5% down. You do need to make < $80,100 or the property does need to be in an area that is not income-restricted. Call me with questions! HAPPY SUMMER! |
I was so exited to help this couple find their new home and we had a smooth closing! Congratulations Matt & Tori!
May, 2017
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Pending home sales were down slightly in March, a by product of continuing low inventory and high demand. |
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The average sales price for April single family detached homes came to $471,145 and $312,320 for Condos and Town-homes. This is a study increase month over month since the beginning of the year. (Data provided from REColorado for Aurora, Northglenn, Westminster, Lakewood, Thornton, Arvada, Englewood, Edgewater, Centennial, Littleton, Bloomfield, Denver, Golden, Lone Tree) |
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In my last issue I talked about the top 5 factors driving our hot housing market. Two of the reasons mentioned were people moving here and job growth. I happen to have a home for rent here in Englewood, CO and after renting this home since 2004 I have never had so many out of state applicants. Many of them flying in for the week to buy or rent in the short week they are here. Although not a representative sample, my everyday life seems to be evidence coinciding with the report I posted last month entitled “Is the Denver Real-estate Market in a Bubble?”. |
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Last but maybe least on my list is a Spring Cleaning checklist. Items I will realistically never get to, but maybe you are more on top of spring cleaning then me! 🙂 Happy Winter (I mean Spring!) |