Thursday, October 03, 2013

What happened to the Denver Real Estate Market...Denver Realtor Explains

It is a good question, but as best I can tell 3 things:

Buyers are skittish to get into a bidding war, and interest rates got so low for a while, then rose about 1%; not a lot but any excuse not to do something is a good one for a nervous buyer.

Asking prices of homes got a little bit higher than the buyers liked too quickly and buyers have started to feel they were priced out of the market. A normal human response is they are not wanting to embarrass themselves by “low balling” an offer.

This year we have had a season of fires and floods here in Colorado. Some folks are distracted by that news much as I have been! But seriously, I closed a transaction this last week where a supplemental inspection for flood damage had to be done, in the Cherry Creek Area of Denver (no flooding there). It was required by the underwriter at the mortgage company because of the FEMA disaster declaration. In the past there were homes we could not get insurance on because of the fires in the state. This distraction will fade.

What is my upshot on this current market condition? Things have not really changed, and for sellers who want to wait it could be worth the wait. Buyers on the other hand may make their own situation worse by waiting further. They should take advantage of the sellers who have not sold in 30 days like folks did the beginning of this year and the historical interest rates. But everyone tells you it is a great time to buy a home. Finally; sellers need to be honest with themselves about prices, as ultimately that is what will sell a house.

A Full Time Licensed real estate broker since 1985 I go to work everyday for you & your friends, learning about our home town! It could be Highlands Ranch, Lone Tree, Littleton, Castle Rock, Centennial, Englewood, Parker, Elizabeth, Larkspur, Franktown, Kiowa, or anywhere in metro Denver Colorado. Talk to me for real estate advice, properties for sale, multiple listing service, all available at www.DenverRelocation.com. Drop me a note to pete@Denverrelocation.com

Monday, January 07, 2013

Denver Realtor says "Don't Fall In Love"

If the Denver Real Estate market has you thinking about moving this year, this is a good read and fairly short. I admit I just wrote it up on another site, so take a look at some good advice on what real estate buyers should be doing in Denver in 2013. Sellers might want to take note as well. Take a look at . Pre approval? DON’T FALL IN LOVE? future resale? not like a stock portfolio?…Talk about all things real estate in with Pete Doty, Denver Realtor since 1985 A Full Time Licensed real estate broker since 1985 I go to work everyday for you & your friends, learning about our home town! It could be Highlands Ranch, Lone Tree, Littleton, Castle Rock, Centennial, Englewood, Parker, Elizabeth, Larkspur, Franktown, Kiowa, or anywhere in metro Denver Colorado. Talk to me for real estate advice, properties for sale, multiple listing service, all available at www.DenverRelocation.com. Drop me a note to pete@Denverrelocation.com

Monday, November 05, 2012

Its my Rookie Season as an by Election Judge – by Pete Doty

This year, for the first time, I have volunteered to be an election judge in Highlands Ranch. Other than voting I have never participated in the process so this is a bit of an adventure for me. I am prepared for a long day…from 5:30 am to 9:30 pm. I cannot go out to lunch, and I cannot turn on a computer or other electronic device while in the polling location (I guess that is like a vacation?). I can read a book (but not on an iPad) during the slow times but it cannot be political in nature as there is no electioneering within 100 feet of the polling place. The hardest thing may be the chairs, typical school folding chairs. So I asked if I could bring my own and was answered that I could. I have an old secretarial chair I will take that is soft(?). I will be working as a electronic poll judge, checking folks in and getting them to the next step in the process. Douglas County provided training for me on the entire process but also specific to my job. It is a very organized and detailed process and the organization is designed so that everyone has the opportunity to vote. There are a huge number of election volunteers here in Highlands Ranch and throughout Douglas County (and the country) who actively participate and make sure the system works as designed. My rookie season hat is off to them…some of who have been active in this non-partisan process for decades as volunteers! I will be at Mountain Vista High School in Highlands Ranch, so if that is your polling place and you have yet to vote, we should see each other. You can follow my regular blog at www.DenverPropertyLines.com As you know I have been a Full Time Licensed real estate broker since 1985. I go to work everyday for you & your friends, learning about our home town! It could be Highlands Ranch, Lone Tree, Littleton, Castle Rock, Centennial, Englewood, Parker, Elizabeth, Larkspur, Franktown, Kiowa, or anywhere in metro Denver Colorado. Talk to me for real estate advice, properties for sale, multiple listing service, all available at www.DenverRelocation.com. Drop me a note to pete@Denverrelocation.com

Monday, July 09, 2012

Wildfires to Monsoons

Two weeks ago we were have horrendous and devastating wildfires with over 500 homes lost on the front range. Today downtown Denver has already received 1.2 inches of rain and a highway in the High Park burn area suffered a mudslide. I suspect the 4 day total is close to 3 inches of rain. Flooding in downtown and in the low areas. Be careful. Where to live? On a hill in the grasslands away from the trees. Better to have a mountain view. Rain can soak in and the burnable material is far less. MOST of metro Denver fits these parameters. A Full Time Licensed real estate broker since 1985 I go to work everyday for you & your friends, learning about our home town! It could be Highlands Ranch, Lone Tree, Littleton, Castle Rock, Centennial, Englewood, Parker, Elizabeth, Larkspur, Franktown, Kiowa, or anywhere in metro Denver Colorado. Talk to me for real estate advice, properties for sale, multiple listing service, all available at www.DenverRelocation.com. Drop me a note to pete@Denverrelocation.com

Friday, May 25, 2012

Memorial Day

If you served, THANK YOU. If you know someone who served, Thank them. If you know someone who lost someone, God Bless them both! Thank you vets. You went so the rest of us did not have to. Thank you John R Doty Jr, Wells B. Doty, Al Blakeslee, Porter Rathburn and all the rest that have touched my life. A Full Time Licensed real estate broker since 1985 I go to work everyday for you & your friends, learning about our home town! It could be Highlands Ranch, Lone Tree, Littleton, Castle Rock, Centennial, Englewood, Parker, Elizabeth, Larkspur, Franktown, Kiowa, or anywhere in metro Denver Colorado. Talk to me for real estate advice, properties for sale, multiple listing service, all available at www.DenverRelocation.com. Drop me a note to pete@Denverrelocation.com

Friday, September 23, 2011

Highlands Ranch Real Estate Broker reports Tree Recycling Offered to Highlands Ranch Residents

Tree Recycling Offered to Highlands Ranch Residents



With the arrival of fall, it’s time to prune your trees and shrubs. But before you place tree branches and other woody plants out for trash collection, consider recycling these materials at the Highlands Ranch Metro District’s recycling event Sunday, Oct. 9 from 9 a.m. to noon at the Shea Stadium parking lot, 3280 Redstone Park Circle.

Tree limbs less than 12 inches in diameter and woody plant materials will be accepted at the recycling event. The following items will not be accepted - finished lumber, non-woody material, grass clippings, sod and root balls. In addition to tree recycling, free mulch will be available to Highlands Ranch residents.

If you have questions about the proper way to prune your tree, visit the Metro District’s website at www.highlandsranch.org and go to the Parks & Open Space page. Metro District Forestry Technician Caleb Palmer demonstrates the proper way to prune your tree in a new video short featured on the website. If you have further questions it is recommended you contact a certified arborist.

The Metro District will also host a Christmas tree recycling event from late December through mid-January. For more information about tree recycling in Highlands Ranch, please call 303-791-2710.



Founded in 1981 as the local government in Highlands Ranch, Colo., the Metro District provides a variety of municipal services to this planned community of 93,000 people. Learn more about the Metro District at www.highlandsranch.org.


Pete Doty has been a Full Time Licensed real estate broker since 1985 I go to work everyday for you & your friends, learning about our home town! It could be Highlands Ranch, Lone Tree, Littleton, Castle Rock, Centennial, Englewood, Parker, Elizabeth, Larkspur, Franktown, Kiowa, or anywhere in metro Denver Colorado. Talk to me for real estate advice, properties for sale, multiple listing service, all available at www.DenverRelocation.com. Drop me a note to pete@Denverrelocation.com

Wednesday, September 14, 2011

Denver Real Estate History-since 1989

As I pondered why more folks are not buying up in a down real estate market, I realized that they have never seen this before. I on the other hand, have. The end of the Carter Reagan recession occurred in 1989-1990 and we saw a true turn in Denver's real estate market. This is one of the benefits of making sure your Realtor is a full time dedicated professional, not just a friend. Experience can pay dividends in multiple places. Here is a short clip explaining where we are:

Pete Doty, Denver Realtor has been a Full Time Licensed real estate broker since 1985 I go to work everyday for you & your friends, learning about our home town! It could be Highlands Ranch, Lone Tree, Littleton, Castle Rock, Centennial, Englewood, Parker, Elizabeth, Larkspur, Franktown, Kiowa, or anywhere in metro Denver Colorado. Talk to me for real estate advice, properties for sale, multiple listing service, all available at www.DenverRelocation.com. Drop me a note to pete@Denverrelocation.com