Instead of swimming the murky real estate waters, some homeowners are choosing to renovate their current homes. If you are looking to do a major renovation, one of HGTV’s newest series, “My Amazing Renovation” is looking for you.

The series is produced by our local High Noon Entertainment and they are looking for homeowners who are transforming their current home into their dream home.

Your home may be considered if you are:

Just starting a major renovation (preferably already in demo)
Doubling the size of your home
Transforming the original space including the kitchen
Have unique design projects planned as part of the renovation
Are eager to share the experience with others
Updating the outside of your home

Homeowners who want to be considered should contact Cindy Baggish at 303–712–3093 or cbaggish@highnoonentertainment.com.

I can’t wait to see your masterpiece.

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The Denver area real estate market is showing improvement during the second quarter of 2008. In the first quarter there were no areas that we would consider Seller’s Markets. That has drastically changed over the spring. Ten areas for Single Family Homes are now seller’s markets and five areas in the Condominium/Townhome market. Things should continue to be active as we move into the third quarter. These figures are based on the absorption rates.

Considering Absorption Rate is one way to measure the health of our real estate market. Absorption Rate designates the number of months of housing supply on hand. The larger the supply, the more competition there is for sellers and the higher likelihood that prices will drop or concessions will be offered. The market has definitely improved in the last quarter.

More Months of Supply = Buyer’s Market = Possible Reduced Pricing and/or Concessions

Fewer Months of Supply = Seller’s Market = Possible Price Increases and/or Bidding Wars

The commonly accepted separation between markets is:

Based on information from Metrolist, Inc. for the period of April 1, 2008 to June 30, 2008. Note: This representation is based in whole or in part in content supplied by Metrolist, Inc. does not guarantee nor is in any way responsible for its accuracy. Content maintained by Metrolist, Inc. may not reflect all real estate activity in the market.

 

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I received an email last week from the High Point community advertising an opportunity to stop by and see the model homes.  These advertisements are not unusual. But I have to admit, this one grabbed my attention. Why? Because it invited not only me, but other important members of my family, my dogs.

High Point at Grove Park is located at 64th Avenue and Tower Road. On Saturday, July 26th, from 9 am– 3 pm, they are hosting “Dog Days”. Trainers will be providing free training for puppies and mature dogs along with a Doggie Water Park. I have to admit the water park sounds like the ticket, especially on a hot summer day.

The planning for High Point includes a three acre dog park along with trails, a recreation center and town center. I haven’t seen these models yet, but I’m looking forward to it. This is a fabulous idea.

Splish! Splash! I hope they have towels.

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Number 7 in the 1001 Things to do in Colorado is to pull on your boots and start hiking on the Colorado Trail.

There are thousands of trails in Colorado including the 500 mile Colorado Trail that runs from Durango to Denver. Covering six wilderness areas and eight mountain ranges, the trail is one of our state’s most amazing accomplishments. Special thanks goes to all the visionaries and workers that made this trail a reality.

It may take years, but we can hike a segment at a time. We can also volunteer to help with maintenance by adopting a trail.

Happy hiking!

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Number 6 in the 1001 Things to do in Colorado is to visit the Annual Cherry Creek Arts Festival held today through Sunday– July 4th-6th, 2008.

If you love art of all shapes, kinds and sizes, the festival will be a palate of light, color and amazing creations. There is also a family zone where children can dabble and learn.

More than 2,400 artists compete for the privilege of being included. The judges take it seriously when they narrow that number down to about the top 10%. Those 10% get the opportunity display to over 340,000 visitors.

The Cherry Creek Arts Festival is one of my favorite annual events to attend. It’s a feast for the eyes, ears and taste buds with the art and four stages of incredible musical performances and lots of great food.

I recommend arriving a little early to get good parking. With gas prices the way they are today, it’s also a great destination for a bicycle trip if you can be creative on how to get your fabulous art purchases home.

Check out the list of artists to whet your appetite.

Have a Happy Fourth!

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