Recent news from Metrolist, our local MLS, shows a continued lack of inventory and the beginning of price increases!

In February, similar to January, we had roughly 40% less inventory available to sell.  My Buyers have had a tough time finding decent properties.  When they do find something they like, we're starting to see multiple offers!  The Littleton Real Estate Market is Improving!

With this significant lack of supply, it's no wonder that prices improved 2% in February 2012 over last February.  I believe that the "bottom" of the market in Denver & Littleton has come and gone.

In Columbine West, we're down to ONE available Listing.  Since we normally sell 4 to 5 homes per month in Columbine West, that means we're down to a ONE WEEK SUPPLY!  It's definitely a great time to sell your home in Littleton and in the Columbine area!

Buyers have been coming out of the woodwork in the past few months...all they need is something to buy!  There's just a little excitement and motivation for Buyers, as Interest Rates are still very low and FHA Loans will be having more upfront fees after April 1st. 

If you've been waiting to Buy a Home or Sell your Home, now is a great time to be in the market.  The Littleton Real Estate Market Is Improving!  Call John today for a complimentary consultation.

The Denver Real Estate Market is in a very similar situation.  The number of available homes for sale is down 39% from last January.  The Denver Real Estate Market Needs Sellers!

There are a significant number of Buyers that are ready, willing and able to purchase a home in Denver, but the limited inventory of homes has created a competitive and Seller-Friendly market.  When a decent home comes on the market at a fair price, it's being sold in a matter of days!  

If you or someone you know has been "on the fence" and waiting for the market to improve, now is the time to act!  The Denver Real Estate Market Needs Sellers!  With limited inventory, you're more likely to get top dollar for your home.  Waiting until Spring to list your home will bring a lot more competition for Buyers.

The Denver Real Estate Market Needs Sellers!  For a complimentary Market Analysis of your home's value, contact John Basila (303)589-9034.  You can also visit www.denverhomereport.com to get your free report.

Choosing to put your home on the market now will help you take advantage of favorable market conditions in the Denver Real Estate Market.

After all, buying a home is no small matter. Besides being among the largest financial transactions you may ever undertake, it is probably also one of the most complex.

There are many good reasons to work with a qualified real estate professional—especially a trained professional who has earned the Accredited Buyer’s Representative (ABR®) designation, representing best-in-class buyer services.

 
When you look for an ABR® before you look for a home, you’ll be served, not sold. Your interests become their interests. And you’ll be working with someone who has gone the extra mile by completing specialized training in delivering the best in buyer-representation services. Plus, a REALTOR® who has an ABR® Designation also has an established track record, with proven experience in representing the concerns of home buyers.

The ABR® Designation is awarded through the Real Estate Buyer’s Agent Council, or REBAC, which was founded in 1988 to promote superior buyer-representation skills and services. REBAC is an affiliate of the National Association of REALTORS® (NAR). 

If you're interested in buying a home in the Littleton Real Estate market, choose John Basila, Littleton Realtor, ABR® as your Agent.

If you, or someone you know, are having to face the challenging issues of Home Health Care, End of Life Issues or simply whether it's time to take Mom's driving priveleges away, this website of Caregivers Resources will provide a wealth of information and checklists to facilitate the process:

One of my advanced designations from the National Association of Realtors is the SRES - the Seniors Real Estate Specialist designation. 

By earning this designation, I have demonstrated the necessary knowledge and expertise to counsel clients over 50 and their families through some of the major financial and lifestyle transitions they uniquely face. 

It is my hope that by sponsoring this website for Caregivers Resources, you'll gain the support you need in this stressful time.

If you have Real Estate questions or needs, please feel free to contact Littleton Realtor John Basila for your personal consultation:  (303)589-9034

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

Beautiful 2-Story in sought-after Grant Ranch.

This 3-Bedroom home features a Main Floor Master and luxurious touches throughout.

The Vaulted Ceilings add to the spacious feel of this home, and entertaining is a delight with a lot backing to Open Space.

You'll love the warmth of the Oak flooring and Plantation Shutters, and the Stainless Appliances and Granite bring a modern comfort to the home.

Courtesy of Maureen Underwood.  

Mediterranean Grande Home, originally designed by Michael Schock.

Spectacular layout with Designer Touches and Luxurious Amenities.  Every Bedroom is a Suite, with a separate Master Retreat.

Some highlights include a Soaring Great Room, a Media Space, an Office with separate entrance and a Wine Space.

Materials include Granite, Dimensional Teak Flooring, Tile Medallion and a Spanish Tile Roof.

This property is agent-owned. 

Courtesy of Maureen Underwood.

This 2-Story home features 4 Bedrooms & 3 Baths.  The Loft Bedroom is "non-conforming".  Situated on on a .3 Acre Lot, there's a nice hill that blocks most of the sound from Wadsworth.  There's also a large flat lawn area that's ideal for yard games or a trampoline or pool.

Inside, this home is warm and bright.  With Vaulted Ceilings that add to the spacious feel of the home, you'll love the open layout.

Glistening hardwoods, designer touches and premium upgrades make this the perfect home. 

You'll love the upgrades like the Top of the Line Rinnai Tankless Hot Water Heater that produces an unending supply.

The Master Suite is also spacious, with a Spa-Like Master Bath that boasts Italian Travertine and a Slate wall.

Bring your toys, as the RV/Boat pad is easy to get in and out of at the top of the Cul-De-Sac.

View the Virtual Tour or find out more information about Columbine West.

Call Littleton Realtor John Basila for your private showing: 303-589-9034 

I'm pleased to present a FREE APP to conduct MLS Search (IDX Search) on your I-Phone and I-Pad.  This "Location-Based" app zooms into your current location and shows you all of the properties currently available.

By touching a  house, you get basic details. 

To get more information, you choose the right arrow.

Conducting an MLS/IDX Search with your I-Phone is a snap!

As I mentioned, this I-Phone Real Estate App is "FREE".

The I-Pad Real Estate App works the same way!

This has got to be one of the best new Apps for real estate that's come along! 

And, it's FREE, as a service to my Buyers (and even Sellers who want to keep tabs on the competition)

To download the APP:

Go to I-Tunes   (http://itunes.com/apps/myagentbyidx)

-or- Search for "myagent by idx"

Dowload APP

Plug in my code: 8717

You can also download the app by clicking on the button at the bottom of my homepage @ http://www.adenverhome.com 
(It takes a few moments to load i-tunes)

I hope you enjoy this FREE I-Phone / I-Pad Real Estate App.  Call John Basila when you've found some homes you want to see!!

This Ranch-Style Home in Columbine West boasts tons of space & light, it backs up to the Dutch Creek Trail and the Kitchen and Bathrooms are updated with style!

As your Columbine West Realtor, I'm proud to offer this HUGE Ranch-Style home for $298,900.  With 4 Bedrooms and 3 Baths, there's plenty of space for you and your family.  There's a large Sunroom looking over the back yard and a wonderful view of open space.  The lower Bedroom even has built-ins for an office and a Murphy Bed.

If you've got toys or pets, there's room for RV/Boat storage, as well as a Dog Run.  This beautifully landscaped yard has mature plantings and room for a Hot Tub next to the built-in gas grill.  Come enjoy the Serenity of Columbine West.

Entertain in style with a dual-sided Wet Bar in the Basement, or take the party outdoors through the French Doors to the Sunroom and yard, beyond.

To schedule a private showing, or for more information on Littleton Real Estate and Columbine West, contact Columbine West Realtor John Basila at 303-589-9034. 

This Bright & Spacious Bi-Level home in Fairview Heights boasts 4 Bedrooms & 3 Baths, and a HUGE Lot with views!!

There are multiple Skylights and Vaulted Ceilings that add to the bright and spacious feel of this home.

This 2,506 Sq. Ft Littleton Home For Sale has tons of space, plenty of storage room, and even a "bonus" room next to the Laundry.

Step outside on the multiple balconies or patios to enjoy a .29 Acre lot that backs up to vacant land.  The views are fantastic!  There's also room for your RV/Boat/Camper next to the oversized 2-Car Garage. 

Contact Littleton Realtor John Basila for your private showing.  

With Spring just around the corner, Columbine West Residents are sprucing up their homes in anticipation of going on the market.  Although we've got quite a bit of snow on the ground, there are numerous projects you can tackle while you're stuck inside.

As your Columbine West Realtor, I am available for a free consultation to help you get the most bang for your buck when it comes to improvements.  Here are just a few things to keep you busy over the next month or two:

• Touch up your baseboards and trim with paint or furniture "blemish" sticks
• Paint that purple room a nice, neutral color
• Clean kitchen appliances, your furnace, hot water heater and vents
• Fill holes in walls & doors and touch up paint & stain
• Declutter your closets and cabinets
• Replace that torn or knicked linoleum
• Update lighting fixtures
• Clean blinds and wash curtains
• Repair leaking faucets, toilets and drains

By taking care of these things now, you'll speed up the process Selling Your Home In Columbine West. 

If you'd like to do a little research on home sales in the neighborhood, see my previous article on 2010 Columbine West Home Sales.  If you'd like up to the minute statistics, contact me at (303) 589-9034.

Although there are some other real estate agents advertising in our neighborhood newsletter, here's just a few reasons why you should choose John Basila as your Columbine West Realtor:

• Long-term resident of Columbine West
• Vested interest in improving our prices
• Strong negotiation skills yield my Sellers 99.5%+ of their List Price
• Multi-Year Member of the HOA Board (CWCA Board of Directors)
• Professional and Customer-Focused
• State of the Art Tools & Marketing, including a heavy web presence
• Virtual Tours
• Professional Photography
• Member of National Assn. of Realtors, Colorado Assn. of Realtors, South Metro Denver Board of Realtors, Institute for Luxury Home Marketing

I pride myself on getting my Sellers the best price for their home with the least amount of hassle and most professional service.  Contact me today for a free Market Analysis of the value of your home.

When it comes to Selling Your Home In Columbine West, trust John Basila - An Agent For YOUR Success! 

Denver real estate is still behind the times a little when it comes to lockboxes.  With the advent of Electronic Lockboxes and all of their benefits, Denver Realtors still have not latched on to the idea.

My favorite feature of the Electronic Lockbox is its enhanced security for my sellers.  If you utilize old-style lockboxes, once somebody has the code, there is the potential for them to revisit or share the code with somebody else.  This is primarily an issue with one-time contractors that might get access from the Seller.

With the Sentrilock Lockboxes available in Denver, you can provide everyone wanting access to the property with their own discreet code.  Not only is it a "one-time" code, but I can review all of the access events to the property with a time stamp, verifying who has actually accessed the property.

Although the Electronic Lockbox is not required in Denver, you might consider them as a "value added" service for your clients.  My Sellers truly appreciate the additional safety and accountability offered with the Sentrilock system. 

If you're a Seller seeking an Agent with state of the art tools and capabilities, contact Denver Realtor John Basila (303) 589-9034.

Everyone is probably aware that there is a Listing Agent that represents the Seller.  They put their sign in the yard, enter the property into the MLS, produce marketing and conduct showings to get the property sold.

If an unrepresented prospect attends an Open House  being held by the Listing Agent, they often don't realize that the Agent is working for the Seller, not them.  As a result, in Colorado, if an unrepresented prospect begins to talk about anything related to their ability to purchase the property or mention any personal financial information, it is required that the Listing Agent present them with a disclosure titled "Definitions of Working Relationships".  Thus, clarifying that the Agent does not represent them and that any information they share while unrepresented can be shared with the Seller.

A Buyer's Representative works exclusively for the Buyer.  They advocate on behalf of their clients and seek outcomes advantageous for their Buyers.  Buyer's Representation levels the playing field so that the Buyers will have someone looking out for their interests. 

In this day of cooperation, the Listing Agent shares their commission with the Buyers' Agent as an incentive to get qualified Buyers looking at the home.  In effect, having a Buyer's Agent costs nothing for the Buyer, since fees are paid by the Seller, and Buyer's Representation is invaluable when proceeding with the purchase of a home.

Buyer's Representation is also called Buyer's Agency.   As your Buyer's Agent, this relationship allows me to negotiate on your behalf, to coach you on the important decisions you'll make, to keep confidential your motivations and financial capabilities and oversee the timelines, inspections and paperwork to reach a successful Closing.  You have my loyalty, fiduciary duty, confidentiality and advocacy.

Denver Realtor John Basila provides Buyer's Representation throughout the State of Colorado, focusing primarily on the Denver area.  Call John today for your free consultation: (303)589-9034

National Real Estate number are reflective of the nation.  However, everyone knows that Real Estate is a local market.  Recent LOCAL data shows Jefferson County Real Estate Improving.

The national averages quoted by the newspapers show that existing home sales were down 4.8 percent nationally in 2010.  Jefferson County sales were only down 2.0 percent. 

Even better news showing Jefferson County Real Estate Improving is based on prices.  The average "Sold" price for Jefferson County Home Sales was up 4.6 percent, to $261,339.  The Denver Metro area prices were down 3.4 percent in 2010.

Factor in the 3.9 percent decrease in the time it's taking to sell a home, and you'll see Jefferson County Real Estate Improving at a better rate than the nation!

So when the newspapers quote their national figures, with different "takes", remember that Real Estate is local.  And our neighborhoods are doing much better than other Denver neighborhoods and much of the rest of the nation.