Archive for May, 2012

Denver Real Estate Market Appears to Be Rebounding

by BULL Forms in Real Estate with No comments
Denver Real Estate Market Forms

LizNoffsinger – FreeDigitalPhotos.net

Denver Real Estate Market Rebounding

Individuals who are considering selling their home in Denver will be pleased to know that the real estate market seems to be rebounding. According to recent data, the prices of homes inDenverare increasing and the available number of homes is decreasing. This can mean several things for both buyers and sellers.

New Data Results for Denver Real Estate Market

According to Metrolist, which is the largest mls service inColorado, the average sales price for homes in the Denver area went up about 6% in April to more than $275,000. In addition to this, the average days on the market for a home in Denver have been decreasing while sales under contract and sales pending contract have increased. The price has gone up about 11% from April of last year for single-family residences in Denver and the number of homes for sale since that time has decreased by 43%.

Declining Inventory

Because inventory is declining, agents, home owners and buyers should expect the market to be competitive in the upcoming months. This often means individuals will need to act quickly and be serious about offers. The Denver market is changing on all fronts.

What This Means for Sellers

For sellers, this is great news. It means they can expect a higher sales price for their home and likely, a higher number of offers and more competition for their home. They should expect to consider these competitive offers and use this data for their benefit, because it’s a great time to sell a home in the Denver area.

What This Means for Buyers

Buyers should expect some competition if they’re searching for a home in the Denver area. They should approach home owners with only serious offers and expect to increase their offer, especially if they’re purchasing a home that is highly sought after from other potential buyers. It also means that they should act quickly if they see a home they’re interested in, since the days on the market (DOM) have significantly decreased for homes in this area. Waiting around for the price to come down isn’t a healthy approach with the way the market is currently looking, because it’s more likely that the home will sell to more serious buyers.

It’s wise for serious buyers and sellers to work with qualified real estate professionals in the Denver area with the way the housing market is now. Those who are searching for a home may not have the necessary tools to find something that suits their needs and budget, while a professional real estate agent will. The same goes for sellers who want to reach a larger market of buyers.

BULL Forms offers all of your real estate forms online in a simple to use format. Buying a home in Denver.  Take a look at our Denver Real Estate Forms.

Climates are Extreme in Colorado – Think about Energy-Efficient Windows

by BULL Forms in Real Estate with No comments
Colorado Real Estate Contracts

Image: Ambro / FreeDigitalPhotos.net

Climates Can Be Extreme in Colorado. Think Energy Efficiency

The Colorado climate can be very extreme from month to month. From rain to sun to snow and blizzards, the rapid change in the weather and the change from one extreme to the other can really take a toll on the energy bills. Energy-efficient windows may be able to help reduce heating and cooling costs and help you save a nice chunk of change at the end of every month.

How Energy-Efficient Windows Work

As the sun beats down on your home, your windows become hot and will conduct the heat, bringing it through the glass and into your home. The same thing happens in winter when it’s freezing outside. With regular, one-pane windows, you might lose as much as 30% of your heating or cooling energy through those windows. With energy-efficient windows, like double-pane, argon-filled windows, reduce the amount of heat or cold that is conducted through the window and into your home. This saves money and energy.

Stopping Air Leaks

Another way you lose heating and cooling energy is through leaks. Some experts suggest that about half of a home’s heating and cooling energy is lost through leaks in windows and around doors. Typically, cheaper windows are the ones more likely to have leaks. Energy-efficient windows are designed to seal better and prevent leaks from happening. This can also save a great deal of money, as your heating and cooling unit will have to work less to make the home comfortable for the occupants.

High Visible Transmittance

Another form of energy-efficient window is the high visible transmittance window. These kinds of windows are created to be easier to see through and easier to let the beautiful Colorado daylight inside your home. This helps to provide more natural daylight so you don’t need to use as many lights. This reduces the electricity and energy you’re using, as well as your utility bill costs.

Energy-Efficient Benefits

While you’re thinking about energy-efficient windows for your Colorado home, you may also want to think about integrating other energy-efficient products. There are huge benefits to doing so, and the most important one is that you’re going to save a lot of money. Some individuals may even be able to get a tax credit by installing energy-efficient windows and other products. If you’re attempting to become more eco-friendly or you simply want to save money, energy-efficient is the way to go.

While energy-efficient windows may originally cost a little more than the single pane or ordinary windows, you will save money in the long run. In fact, a house full of these energy-efficient windows could end up paying for themselves in as little as 6 months’ time. By considering all of the energy-efficient moves you can make in your Colorado home, you can save a ton of energy and a significant amount of money. You may be able to take that vacation or purchase that big screen television after all!