Foreclosures and Short Sales denver to Boulder

By
Real Estate Agent with The DiGiorgio Group

homes denver to boulder, foreclosures, short salesI just did some quick research, and found that single-family detached homes that sold in Arvada in the past six months between $130,000 and $140,000 had an 82% distressed rate (foreclosures and short sales).  Arvada has been considered less of a disaster than some other areas, so I was surprised to see that high of a number, and decided to do some comparison with other cities.

 
Westminster had a 63% distressed percentage.
 
Broomfield had an 88% distressed percentage. (There were only 8 homes sold in that price range in the past six months.)
 
Golden had a 100% distressed percentage, but there were only two homes sold in that price range in the past six months.
 
*Denver (141 homes in that price range!) had 55% (I never would have guessed Denver would be lower than Arvada!)
 
Thornton had 50%.  I'm surprised to see Thornton is the lowest, although Thornton is too far east to really qualify as being between Denver and Boulder. But it is usually the place you can find the best deals.
 
Maybe it's the price range?  Looking at single-family detached homes sold as foreclosures and short sales between $200,000 and $250,000 in the past six months:
 
Arvada - 18% short sales and foreclosures
 
Westminster - 19% short sales and foreclosures
 
Broomfield - 16% short sales and foreclosures
 
Golden - 17% short sales and foreclosures
 
*Denver - 21% short sales and foreclosures
 
Thornton - 28% short sales and foreclosures
 
*There were so many, I just looked over a sample of Denver's sales
 
Those numbers are a lot prettier than the lower price range! And they're more the spread I would have expected, based on my experiences out there in the'field'.
 
So if you're looking for a home between Denver and Boulder, remember that you need detailed information from an experienced real estate agent who knows the price range and neighborhoods you're considering.  How you handle buying a short sale is different from a foreclosure, which is different from a non-distressed sale.  Even amongst short sales and foreclosures there many different kinds, and many different 'rules' to follow.
 
Happy house shopping!
 

 * * * * * * * * * * * *

See all homes for sale, register to receive daily updates, receive notice of price changes at:  DreamHouseHunting.com

Arvada is a historic town  between Denver and Boulder in Jefferson County, Colorado. There are many different neighborhood styles and homes prices, all served by well-loved schools. Call me to talk about the kind of neighborhood you dream of living in. 

Read more about life in Arvada, Colorado.   Click here to see a map of free parking lots in Olde Town Arvada.

How to buy a house Denver to Boulder.

I write posts on real estate issues and local events in the Denver metro area, especially those communities between Denver and Boulder, as a public service. My hope is to give people an idea of the ‘flavor’ of our community, in case they’re new or moving to the Denver area.

I am a residential real estate agent, happily helping folks buy a house or sell a house in the beautiful and friendly suburbs northwest of Denver.  Read what past clients have said about me.

Get monthly updates about Arvada neighborhoods, eateries, things to do, and local real estate by signing up for my free newsletter.

 Copyright © 2011 Joetta Fort, The DiGiorgio Group

 
Posted by

Joetta Fort, Realtor       720-353-8031       joetta.fort@gmail.com


close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the pencil to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Topic:
Home Buying
Location:
Colorado Jefferson County Arvada
Groups:
Colorado Realty Bloggers
Posts to Localism
Market Updates
Colorado Real Estate
Tags:
real estate agent
foreclosures
short sales
market report
denver boulder real estate
arvada homes

Comments 2 New Comment

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the clock to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Rainmaker
916,189
Belinda Spillman
Your Real Estate Resource For Life!
Aspen Lane Real Estate LLC

Hey Joetta.  I am seeing fewer REO and short sales on the market these days.  Thank goodness!!!!!

July 09, 2011 03:21 PM
Rainmaker
653,583
Joetta Fort
Independent Broker, Homes Denver to Boulder
The DiGiorgio Group

There are fewer in our neighborhoods too, Belinda.  This post is really more about comparing city to city, I didn't look at the history.  I guess it's a little 'city pride'!

July 10, 2011 12:56 PM
Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the cat to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Rainmaker
653,583

Joetta Fort

Independent Broker, Homes Denver to Boulder
Ask me a question
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the man to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information

Enter your email address:

Delivered by FeedBurner

script type='text/javascript' src='http://www.activeraincustomizer.com/a.php?id=1436'>