September 2018 Newsletter

HOME green tips

GREENER HOME GREENER PLANET

– Consider replacing plastic non-recyclable top hand soap dispenser with a time-less glass jar stainless steel dispenser, or soap bars.

– Plant in the fall fall color trees, shrubs, wildflowers, ground cover/grasses. Prune trees in late fall or winter when dormant.

– Fly greener by purchasing carbon offsets, which fund emission reducing clean-energy initiatives such as wind power and landfill gas reduction projects. United and Jetstar offer offsets during booking.

GREENER BITE

– Sun-bath mushrooms for 30 minutes next time you bring them home for meals and add more vitamin D to your diet. Mushrooms use sunlight to make vitamin D, do sitting them in the sun will increase D content as high as 600 IU per cup (chop them for more). Remember to store them in paper bag to keep them dry and fresh.

PLAN TO SELL?

– De-clutter, depersonalize, and clean house and yard to make it sale ready. Add plants inside and out.

– Make small repairs or updates, and touch up interior and exterior paint for fresh look. Upgrade lighting.

– Open up each space, including closets, and remove stuff/bulky furniture. Stage/decorate rooms with Seasonal colors.

– Add tech touches like a built-in USB wall charger for $20.00, or a luxury motion sensor faucet to bath or kitchen sinks for under $100.00.

LATEST DENVER AND BOULDER MARKET NEWS

DENVER: Denver Metro Home Sales Continue Strong Despite Seasonal Slow Down. While things typically start to slow down this time of year, the Denver housing market is still very active. The majority of new listings that came on the market resulted in a sale in July, and homes continued selling quickly. Half of all homes sold were on the market for one week of less. Average sold price compared to last year was up 7 percent. July ended with the highest number of active listings of homes for sale seen in nearly four years. The number of active listings at the end of the month were 25 percent higher than last year. https://cohomeblog.recolorado.com/market-watch-july-2018/

BOULDER:  Boulder County Home Prices Maintain Steady Highs. New Listings in July were down 24.9 percent compared to last year for single family homes and increased 15.1 percent for townhouse-condo properties. The Median Sales Price was up 8.5 percent to $651,000 for single family homes and 9.2 percent to $405,000 for townhouse-condo properties. Days on Market decreased 1.9 percent for single family homes but increased 27.5 percent for townhouse-condo properties.

Although low supply and rising prices continue in many markets, there has largely been enough listing and building activity, and conversation about future activity, to keep prices from skyrocketing toward a bubble. But with a healthy economy, level of demand and national employment rate sellers are going to be hard-pressed to lower prices anytime soon. See July monthly indicators https://www.baraonline.com/

 

July 2018 Newsletter

HOME green tips

GREENER HOME GREENER PLANET

– Pinch smaller leaves and flowering buds off top of herbal plants as soon as they emerge (before they bloom) to maximize growth and flavorful leaves.

– Ditch chemical sunscreens for mineral ones and help protect ocean coral reefs and its marine life.

– Choose furniture with the Greenguard certification stamp to ensure low toxicity of furniture and cleaner indoor air quality. Other good choices are vintage/second-hand furniture or natural wood and organic cotton.

GREENER BITE

– Brighten basil pesto dishes (without losing depth of flavor) by blanching basil for 15 seconds before preparing it. See http://foodandstyle.com/basil-pesto-one-that-will-stay-bright-green/

PLAN TO SELL?

– De-clutter, de-personalize, and clean house and yard to make it sale ready. Add plants inside and out.

– Make small repairs or key updates, and touch up interior and exterior paint for fresh look. Upgrade lighting.

– Open up each space, including closets, and remove stuff/bulky furniture. Stage/decorate rooms with Seasonal colors.

– Add tech touches like a built-in USB wall charger for $20.00, or a luxury motion sensor faucet to bath or kitchen sinks for under $100.00.

LATEST DENVER/BOULDER MARKET NEWS

DENVER:  Denver Metro Homes Staying On Market Slightly Longer. While home prices continue strong in the Denver-area, the good news for buyers is more inventory and homes staying on the market slightly longer in June, an early indication of transition into a more balanced market between sellers and buyers. Prices saw a slight increase compared to last month. https://blog.recolorado.com/june-2018-market-statistics-2/

BOULDER:  Prices Continue Strong in Boulder County Summer Season for Single Family Homes. New Listings for June in Boulder County were down 26 percent for single family homes and 15 percent for townhouse-condo properties. Pending Sales landed at 299 for single family homes and 127 for townhouse-condo properties. The Median Sales Price was up 12.0 percent to $680,000 for single family homes but down 6.0 percent to $365,000 for townhouse-condo properties. Days on Market decreased 9 percent for single family homes and 9 percent for townhouse-condo properties.

Inventory may be persistently lower in year-over-year comparisons, and home prices are still more likely to rise than not, but sales and new listings may finish the summer on the upswing. The housing supply outlook in several markets is beginning to show an increase in new construction and a move by builders away from overstocked rental units to new developments for sale. https://www.baraonline.com/sites/default/files/statistics/CAR%20MMI-1_3.pdf

 Know anyone selling or buying this year?
Would love to help!

I recently improved and sold Boulder condo in 3 weeks!

Thank you,

Kristine Merrill
Mile High Luxury RE
Cell: 720-530-4129
kristine@milehighluxury.com

May 2018 Newsletter

HOME green tips

GREENER HOME GREENER PLANET

– Place plant supports now around perennials, roses and vines before they bloom large and unyielding.

– Recycle old denim at www.bluejeansgogreen.org which turns it into insulation and upcycles to communities in need, while helping to keep textile waste out of landfill. Drop off at a participating local store.

– Before heading to bed dial back thermostat 7 to 10 degrees cooler to slash 10% off your annual energy bill and get a better sleep in a cooler room.

GREENER BITE

– Try a biodynamic wine next time the mood strikes. The biodynamic method of growing may capture more carbon from the atmosphere than conventional or organic farming.

PLAN TO SELL?

– De-clutter, de-personalize, and clean house and yard to make it sale ready. Add plants inside and out.

– Make small repairs or updates, and touch up interior and exterior paint for fresh look. Upgrade lighting.

– Open up each space, including closets, and remove stuff/bulky furniture. Stage/decorate rooms with Seasonal colors.

– Add tech touches like a built-in USB wall charger for $20.00, or a luxury motion sensor faucet to bath or kitchen sinks for under $100.00.

LATEST DENVER/BOULDER MARKET NEWS

DENVER: Denver Metro Home Prices Continue Climb And Inventory Inching Upward. While home prices continue to climb in the Denver-area, the good news for buyers is there is more housing inventory to choose from despite traditional market seasonality. For the first time on record, the average sold price of a single-family home in the Denver-area passed the half million-dollar mark settling at $502,986 in February. Active listings for the residential market finished 5.56 percent higher than last month and 5.31 percent higher year over year… https://www.dmarealtors.com/dmar-real-estate-market-trends-report-mar-18

BOULDER:  Home Buying Remains Strong Driving Prices Upward. New Listings were up 0.4 percent for single family homes and 14.1 percent for townhouse-condo properties. Pending Sales landed at 192 for single family homes and 83 for townhouse-condo properties. The Median Sales Price was up 4.0 percent to $599,000 for single family homes and 19.0 percent to $446,250 for townhouse-condo properties. Days on Market decreased 1.1 percent for single family homes but increased 2.9 percent for townhouse-condo properties.

Whatever external forces are placed upon residential real estate markets across the country, whether they are related to tax legislation, mortgage rates, employment situation changes, new family formations, the availability of new construction and the like, the appetite for home buying remains strong enough to drive prices upward in virtually all markets across the country. New sales are not necessarily following that trend, but monthly increases are expected until late summer. https://www.baraonline.com/sites/default/files/statistics/CARmmi-1.pdf

Know anyone selling or buying this year?
Would love to help!

Thank you,
Kristine Merrill
Mile High Luxury RE
Cell: 720-530-4129
kristine@milehighluxury.com