Monday, December 28, 2009

Denver Market News

GOOD NEWS again! November sales show that 41% of the sales were from existing buyers, jumping on the $6500 credit offered to the move-up buyers.

The Holidays are over (slmost completely), and buyers are again in the market for new homes! I had 149% increase in web site hits on Sunday 12/27/09! If you are thinking of selling, DO NOT wait until spring when everyone lists their homes. Competition will be less plentiful now, versus springtime! Make your home the best you can for presentation from the curb on thru the home --- buyers will love it!

If you are thinking of selling, give me a call. I will walk your home, give you suggestions (if you need them) on how to make it look completely ready for buyers.

New Year, New Company, new vitality!

Joan Cox, GRI,ABR,CRS,e-Pro
Metro Brokers - House to Home, Inc.
Denver, CO 80237
720-231-6373
http://www.joancox.com

Tuesday, December 1, 2009

Texting & Emailing in Denver

Well, we all knew these texting and emailing techniques were difficult at best to do while driving. I know personally it has become a bit scary and have made a conscious effort to NOT text or email while driving.

Effective today - 12/1/09, you will be ticketed if found doing this while driving! You can still make calls (if over 18), preferably with hands free, but still no requirements on that yet. Even if you are at a stop light, and found texting or emailing, you can be ticketed. No word as to what the fines may be. Just pull over and stop if you need to text or email before reaching your destination.

This should keep our Denver drivers safer!

Joan Cox, GRI,ABR,CRS,e-Pro
Metro Brokers - House to Home, Inc.
c: 720-231-6373
Joan@JoanCox.com

Market News

YIPPEE, the homebuyer tax credit was extended, but also there was a "move-up" buyer credit added to the new bill! Details are as follows:

First time Homebuyers --
Up to $8000 credit or 10% of the purchase price. Purchases after 11/30/09, and need to be under contract by 4/30/2010. Cannot have owned a home in the last 3 years prior to purchase. Income limits - $75,000 if single and $150,000 if married

Move-Up Buyers --
$6500 credit, must have used the current home as a principal residence for 5 years, and new purchase must be a principal residence. The current home can rented or second home or sold, no requirements. New purchase must be done from 12/1/09 and under contract by 4/30/10 and closed by 7/1/10. Income limits - $125,000 - single and $225,000 - married The new home has no requirements for purchase price, but not over $800,000. This purchase may not be between "related parties".

If you have further questions, please contact me, and I will assist you in your answer!

Joan Cox, GRI,ABR,CRS,e-Pro
Metro Brokers - House to Home, Inc.
c: 720-231-6373
Joan@JoanCox.com