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Luxurious Aviation Lifestyle at Erie Air Park

by John Basila

If you're a Pilot, it can be a dream come true to live with your aircraft.  Whether you fly a helicopter or an airplane, having your home at the airport will give you more opportunities to fly and reduce the time delays and stress of leaving your aircraft behind.

Erie Air Park is a residential community based at Erie Municipal Airport (KEIK) which has a 4,700 ft x 60 ft Runway with Instrument Approach, an FBO and 24-Hour Fuel.

395 Baron Court is a newly remodeled Two-Story Craftsman with an Addition/Pilot's Quarters/Rec Room and an Oversized Attached Hangar with DIRECT Taxiway Access.  Most other homes at Erie Air Park have to utilize a "feeder" Taxiway to get to the Main Taxiway.

The Main Home has been remodeled with high quality finishes that make it warm and inviting.  Premium materials include White Springs Granite, Maple & Cherry Cabinetry, Slate, Limestone and hand-scraped Hickory wide-plank flooring. 

This home is "Better Than New", with new roof, new paint, new H2O Heater, new asphalt, new windows, new fireplace, new landscaping and a new concrete patio & porch.

Live Your Dream at Erie Air Park - this home is now available for $749,900.

For more information on this home, contact John Basila at 303-589-9034 or visit

Littleton Luxury Home Market Is Improving!

by John Basila

While you may have heard or read that the Denver Real Estate Market is not much to get excited about, there are some niches that are performing well.

The Littleton Luxury Home Market Is Improving

Through September 30th, sales of Littleton Luxury Homes (valued at $1 Million+) have outperformed the last two years  of sales - combined!   So far in 2011, the sales volume has topped $46 Million -- the equivalent of the total sales volume from 2009 and 2010.

The number of Littleton Luxury Homes sold through September 30th is also at a high with respect to the past few years.  So far in 2011, 28 Littleton Luxury Homes have been sold, which is higher than the number sold in 2008, 2009 or 2010.  And we still have another Quarter to go!!

A good reason for the improvement in the Littleton Luxury Home Market is that it is truly a Buyer's Market.  With 40 Active Littleton Luxury Homes on the market to choose from, and an average of three being sold each month, our Absorption Rate shows us that we have up to 13 Months of Inventory.  This has led to a softening of prices, allowing move-up Buyers to get a great deal on their Dream Home.  So far this year, the average Littleton Luxury Homes Buyer has been able to save an extra 6-1/2 % when compared to the averages over the past three years.

The Littleton Luxury Home Market Is Improving, thanks to the depth of inventory and the cost savings available in this Buyer's Market.  Another incentive is the extremely low rate for Jumbo Loans -- as low as 4.625% last week!

If you or someone you know is interested in finding their Dream Home at a Dream Price, contact Littleton Realtor John Basila today:  (303)589-9034


Littleton Luxury Home Sales Improve In 2010

by John Basila

There are signs that life is returning to normal as Littleton Luxury Home Sales Improve In 2010.

After a dismal year in 2009, the number of sales of Littleton Luxury Homes improved significantly in 2010.  Although not quite at their levels from 2008, this past year's sales figures indicate that the market is coming back.


Littleton Luxury Home Sales












For the first time in a number of years, there were a few Distressed Properties included in these sales.  Three of the 22 Littleton Luxury Homes sold in 2010 were foreclosed properties.  As you can guess, this had a slight downward effect upon the average sales price.

Littleton Luxury Home Prices












Littleton Luxury Home Sales Improve In 2010 in terms of the length of time that properties have had to sit on the market awaiting sale.  The sales statistics for 2010 show that the average Days On Market (DOM) returned to 2008 levels.

Littleton Luxury Homes DOM












There are currently 48 Littleton Luxury Homes ($1Million+) available on the market.  Of these, eight are Distressed Sales, which means they are either Bank/Government-Owned or are in the process of attempting to secure a Short Sale.  View Littleton Luxury Homes For Sale

With Interest Rates for Jumbo Loans still very reasonable, and prices beginning to rise, now is a perfect time to take advantage of market conditions and purchase your dream home.

If you're interested in Selling your Littleton Luxury Home, contact John Basila for a personal consultation: (303)589-9034

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Contact Information

John Basila
A Denver Home
P.O. Box 620222
Littleton CO 80162
Cell: 303-589-9034

CO EI License # 028420