Insight on the Great Housing Market Recovery

Published on Thursday, December 01, 2016 | by TJC Real Estate


In case you have been living in a cave, you may be unaware that the U.S. housing market, as a whole, has made a full recovery from the the Great Recession (some sited sources say).  Home prices plunged 27.4 percent between July 2006 and early 2012 (causing nearly 9 million families to lose their homes) and now through consistent annual gains over the last 4 years, we are able to put to rest the worst period for the housing market since the 1930’s!  According to the Standard & Poor’s CoreLogic Case-Shiller home price index, home prices are currently positioned just above the peak of 2006. David Blitzer, managing director at S&P Dow Jones Indices, announced: “The new peak set by the S&P CoreLogic Case-Shiller national index will be seen as marking a shift from the housing recovery to the hoped-for start of a new advance.”

Markets in Seattle, Portland and Denver have seen some of the greatest annual gains while markets in Miami, Tampa Phoenix and Las Vegas still remain below the pre-housing bust peaks in lieu of large gains. We owe this recovery to the upturn in what seems to be a stable job market as well as record low mortgage rates. With these two factors on our side, more Americans are optimistic about purchasing a home.  Many new homeowners that timed the market well have been able to build thousands of dollars in equity during this crazy time of inflation.  Of course, there are challenges on the home front as well.  Bidding wars and prices increasing too quickly due to the prolonged period of historical low interest rates and limited inventory of have wreaked havoc on the purchasing side, especially those affordable enough for first-time homebuyers – which is even a bigger challenge. Zillow Chief economist, Svenja Gudell, states: “Inadequate supply of homes available to buy — especially at the entry-level end of the market — remains a huge problem.”  Unfortunately, since the housing bust recovery began in 2012, U.S. home price inflation has surpassed the rise of American household incomes.  This truly hinders those trying to enter the housing market for the first time.  According to S&P, since 2012, home prices have increased 5.9 percent annually though Americans’ post-tax incomes have only increased 1.3 percent.

The varying extent of growth between home prices and incomes has some economists surprised and even skeptical. “It’s not clear with the degree of [economic] growth that we’ve had that we should have expected prices to rise this much,” said Doug Duncan, chief economist at mortgage company Fannie Mae. “We have a caution light on.”

Are you ready to buy or sell?  Ready for an investment property?  Call one of your Neighborhood Realtors for complimentary consultation. 


Check out our Facebook Page to stay up-to-date on TJC Blogs!

Brought to you by Sondra Lockett-Cameron, Marketing Coordinator for TJC Real Estate and Management Services.

TJC Real Estate & Management Services • 303.324.6988 • info@tjcrealestate.com

Your Neighborhood Realtors® Since 2005

© 2016


References:

http://www.wsj.com/articles/u-s-home-prices-set-a-record-in-september-case-shiller-says-1480428083

http://www.denverpost.com/2016/11/29/us-home-prices-surpass-pre-recession-peak/


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The Heat is ON!

Published on Tuesday, November 22, 2016 | by TJC Real Estate


With the season comes colder weather and more cold toes calling for warmth.  Though, we try to ride out autumn for it’s ups and downs of temperatures, at some point you hit your breaking point.  Let’s just call it like it is…The Heat is On!

Whether you rent or you own your home, utilizing energy saving tips will also save you money.  Future generations, environmentalists: novice and advanced, and of course your pocket book will thank you.

Heating your home usually makes up about 48% of your utility bill, energy and dollar wise.   When utilizing your central heat and air, one of the best, economical investments is a programmable thermostat.  Being able to set your thermostat accordingly for different times of the day will save you time, energy and money.  A good rule of thumb is to keep your thermostat as close to the outside temperature as possible since it takes less effort from your heating/cooling system to maintain the temperature.  Of course, the object of heating and cooling your home is to keep you and your family comfortable as well, so finding a balance to this rule of thumb is key.  Other great tips to save energy and money while using your staying warm:

  • Lower your thermostat every time you leave the house.
  • Set your thermostat to 60 degrees during the winter if you are going on vacation.
  • Never turn your thermostat off. Raising or lowering the temperature too quickly uses too much energy therefore spikes your energy bill.
  • Change your filters every 30 to 45 days for maximum efficiency.
  • Properly maintain and upgrade your equipment as necessary. Select energy-efficient products when you buy new heating and cooling equipment.
  • Set your thermostat fan switch to "auto" to save energy. Leaving it in the "on" position keeps air running constantly. 

Of course, having and utilizing optimum heating and cooling equipment to the best of your ability is a great step forward in the balance of making your home comfortable and saving energy and money.  Looking at the whole house, though, including your habits will get you even further. 

In the colder months:

  • Covering all bare floors with area rugs will assist in retaining heat as well as adding extra comfort.
  • Close the flue in your fireplace when not in use and install glass doors to keep in the warm air.
  • Running portable heaters regularly can be very expensive.  Limit your use of portable heaters to only when needed to temporarily heat a small area.
  • Make sure your air vents, baseboard heaters and radiators are cleaned regularly and are not being blocked by curtains, rugs or furniture.
  • Leave window shades or blinds open during the daytime.
  • Consider using solar heat to supplement your normal heating source.
  • Run your ceiling fan on low speed in the clockwise direction.

Take it a step further by contacting your local energy company to complete an energy efficiency evaluation.  They can offer personalized tips to make your home more energy efficient such as attic insulation tips and checking for household leaks.  According to Energy.Gov, by combining proper equipment maintenance and upgrades with recommended insulation, air sealing, and thermostat settings, you can save about 30% on your energy bill while reducing environmental emissions.  The bottom line is by saving energy, you save money, period.

Check out our Facebook Page to stay up-to-date on TJC Blogs!


Brought to you by Sondra Lockett-Cameron, Marketing Coordinator for TJC Real Estate and Management Services.

TJC Real Estate & Management Services • 303.324.6988 • info@tjcrealestate.com

Your Neighborhood Realtors® Since 2005

© 2016


Image courtesy All-Free-Download.com

References:

http://energy.gov/energysaver/articles/tips-lighting

https://www.progress-energy.com/carolinas/home/save-energy-money/energy-saving-tips-calculators/100-tips.page?

 


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Home SWEET Home. Winter Welcome 2016!

Published on Wednesday, November 16, 2016 | by TJC Real Estate


Let’s bring on the lights!  As the day get shorter, Jack Frost decides to come out and play. Let’s welcome him with open arms! So finish sweeping up the leaves, pull out the beanies and gloves, grab a flask or coffee mug and head on down to the Stapleton Town Center this Friday evening for Winter Welcome 2016. Neighbors from all around will be joining together to watch the lighting of the holiday tree and celebrate the changing of the season.

Stapleton's Winter Welcome event will take place on Friday, November 18th in the East 29th Avenue Town Center from 6pm to 8pm.  29th Avenue will be closed from Quebec to Roslyn Street and the Town Center will showcase carolers, horse drawn carriage rides, snow board simulator, interactive sponsor booths with crafts, fire pits for hand warming and S'more making, local food trucks and more! Many of the activities will require a ticket and in the spirit of giving, much of the proceeds will benefit local charities.

Winter Welcome also serves as a 29th Avenue retailer open house and back by popular demand, TJC Real Estate will be featuring a larger than life winter Candy Land®.  The kids can enjoy a turn at playing this beloved game and earn cards to spend in our real Candy Store!  Visit our Realtor Booth outside of the Berkshire restaurant as they will be offering hot cider for all to stay warm.  Those cold festival goers over 21 can request a 'special winter beverage’ for an extra treat. 

Brave the weather, bring a neighbor and stop by our Candy Land® storefront at 7476 E 29th Ave or find our booth on the main strip. It’s a community gathering that will warm your heart and make your day (and night) a little brighter.  Your Neighborhood Realtors will be there!


Brought to you by Sondra Lockett-Cameron, Marketing Coordinator for TJC Real Estate & Management Services.

TJC Real Estate & Management Services • 303.324.6988 • info@tjcrealestate.com

Your Neighborhood Realtors® Since 2005

© 2016


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zen your hOMe.

Published on Thursday, September 22, 2016 | by TJC Real Estate


zen your hOMe.


After sponsoring StapletOM Yoga & Music Festival, I wanted to find a way for our real estate and property management company to relate with the StapletOM audience in a different manner than that which is stereotypical in our industry.  True, people loved our complimentary yoga towels, but being able to contribute a sense of peace that could benefit us all (not just those in the market for a home) is important.  The crazy, fast paced momentum does not just pertain to that of the real estate market, but explains many of our lives as well.  With that being said, it would behoove us all to adopt that fabulous ZEN energy that we all felt at StapletOM.

There are many areas that we can ZEN our life besides the space on our yoga mat or our breathe when meditating.  What about our work space, parenting technique, relationships, the way we cook and eat and last, but not least, our hOMe?

A ZEN home is one that:

    Promotes relaxation

    Offers mindful space

In turn, your home will be:

    Easier to clean

    More aesthetically pleasing

    More environmentally friendly

    More organized

How does your hOMe reach ZEN status?

Think of relaxing on the beach, hiking through the forest, climbing a mountain or taking a drive through the plains.  Take your favorite elements of these grounding places and incorporate them into your home.

If you have lived in your house for a while, it may be easier to take on one room at a time.  If you are moving into or building a new home, keep all of these items in mind when creating your new space.

1.  Minimize and eliminate.  If it is not a necessity, it is a luxury.  Keep only a few luxuries in your hOMe and make sure that everything has a purpose. This will help you keep some of your non essential goods and turn them into necessities within your decor.    

a.  To maximize the minimalist look, make sure that everything has a place and store as much as you can neatly out of sight.

b.  This will not always happen overnight!  Try to scour your home once a month and donate everything that you do not feel is necessary.  This is a great technique if you have difficulty letting go all at once.  Plus, the simplicity factor is contagious and it is amazing how you become more minimalist over time once you initiate the process.

2.  Bring the outside in. Choose colors of the elements such as blue, earth tones, orange and yellow.  Most of your colors should be subdued and then add a splash of brighter tones within these same color shades for accents to promote calmness, relaxation and a hint of excitement. Another great technique to add a splash of color is to liven up your space with plants. These can also help improve your indoor air quality.

3.  Clean air, ZEN space. To maximize air quality (besides adding a HEPA filter on your furnace, which is also a great tool), use as many natural materials in your hOMe as possible.  Wood floors, wool rugs, linen curtains, etc.  Organic materials have a natural grounding effect!

4.  Aesthetically clutter-free. Clean surfaces (floors, tables, and counter) spaces can be a difficult practice, but has a genuine effect on stress levels. This goes back to the first tip of minimizing and eliminating, but it also stresses the importance of everything having a place (that is not on the floor, table or counters). 

a.  A great example of this is creating a pleasant entry space.  Many minimalists (and clean freaks alike), will take off there shoes off at the front door.  This is great, but then you have a clutter fest of shoes (no matter how neatly you line them up on your shoe mat). What about a shoe cabinet?  Even a shoe rack for a family of four can organize your shoes, get them off the floor and make your home’s entrance less cluttered, therefore less visually chaotic.

5.  Make space for YOU.  Ensure that you have space that makes you elated. After all, your happiness is what this is all about.


a.  Do you like reading?  Have a place that is comfy and calm with great natural light for this favorite past time. Maybe this can be outside on a porch swing or by a water feature?

b.  What about meditation?  Can you set aside a space for a pillow and a simple alter that will allow you to decompress without too much effort?

c.  Are you a gardener? Even if it is something mobile like gardening, you can make sure that all your tools are neatly organized and readily available when the urge or need arises to do some weeding.

Do you feel less stressed yet?  If you feel overwhelmed after you realize all that it takes to make your hOMe more peaceful, don’t let this turn into a burden, but instead a new adventure.  With a little contemplation and orderly tasking, you too can live more ZEN like a true yogi.


Brought to you by Sondra Lockett-Cameron, Marketing Coordinator for TJC Real Estate and Management Services.

TJC Real Estate & Management Services • 303.324.6988 • info@tjcrealestate.com

Your Neighborhood Realtors® Since 2005

© 2016

*Thanks to Bruce Winhold, one of our home owners, for letting us photograph his ZEN home as well as the below resources for their infinite wisdom and insight.*

http://freshome.com/2012/12/31/how-to-make-your-home-totally-zen-in-10-steps/
http://zenhabits.net/a-guide-to-creating-a-minimalist-home/
http://www.houzz.com.au/ideabooks/49967986/list/11-simple-tricks-to-make-your-house-feel-more-zen
http://zenhabits.net/on-minimalism/



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Peace, Love and Stapleton

Published on Thursday, June 16, 2016 | by TJC Real Estate


PEACE, LOVE & STAPLETON

Missed tonight’s festivities at the MoJaBlu concert?  Don’t fret, the summer is just beginning.  The last two weeks have proved that the Stapleton community enjoys and appreciates good entertainment, being outdoors, and coming together with their friends and family.  The Green’s (Founders' and Conservatory) have been PACKED at every event thus far, starting off the first week with the Wedding Singer for Theater on the Green up to this evening with the Hazel Miller Band at the MoJaBlu Concert Series.  Activity and presence from the tonight’s event sponsors (GoChurch, Greater Stapleton Business Association, TJC Real Estate & Management and Rose Medical Center) as well as great dining options from the various food & treat vendors helped to round out the community feel that sprawled throughout the Green this evening as friends lounged, laughed and relaxed while the kids played on the bouncy house and indulged in their slushy ice treats from Maui Wowi.  Thank you to the MCA for all the hard work they endure to put these events together and to the neighbors and community for coming together to create such a fun and peaceful experience!

Here are some more of the awesome (and free) Stapleton events to look forward to which can also be found at www.StapletonCommunity.com….

  • Saturday, June 18th, Concert at Founder’s Green featuring Soul School from 7 to 9pm
  • Saturday, June 18th, Denver Arts Festival from 10am to 6pm at Conservatory Green
  • Sunday, June 19th, Denver Arts Festival from 10am to 6pm at Conservatory Green
  • Thursday, June 23rd, MoJaBlu Concert Series at Conservatory Green Featuring Biff Gore Band from 6:30 to 8:30pm
  • Friday, June 24th, Movie at Founder’s Green featuring Divergent at dark
  • Thursday, June 30th, MoJaBlu Concert Series at Conservatory Green featuring Ron Ivory DooWoop Band from 6:30 to 8:30pm
  • Saturday, July 2nd, Concert at Founder’s Green featuring Forever Dangerous from 7 to 9pm

This is just a teaser of all the events that will take place this summer so get out of the house (and the office), bask in the sunshine, meet your neighbors and revel in great opportunities to hear great local talent, indulge is some delicious treats and RELAX!



Brought to you by Sondra Lockett-Cameron, Marketing Coordinator for TJC Real Estate and Management Services.

TJC Real Estate & Management Services • 303.324.6988 • info@tjcrealestate.com

Your Neighborhood Realtors® Since 2005


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7 Tips for Investing in Real Estate

Published on Tuesday, March 15, 2016 | by TJC Real Estate


7 Tips for Investing in Real Estate


Being a real estate investor has come back into vogue as of late, and more and more people are trying their hand at being a landlord. Investing in real estate can be a great way to diversify your retirement or add cash flow to your bank account. Before you dive in or before you buy your next property, there are some questions that should be answered to ensure you know the pros and cons of being a landlord. It is imperative that you know the laws and the responsibilities of a landlord; there are plenty of websites, reality shows, Podcasts, and YouTube videos out there on investing in real estate that can shed some light on the day-to-day of being a landlord. This article scratches the surface on investing in rental property and hopefully provides some valuable tips for you to get started.

1.  Build your team

  • One of the first things a new or experienced real estate investor should do is build a network of professionals to help get started. A few of the professionals that are key to your success are: lender, real estate attorney, real estate broker, contractors, and a property manager to name a few. It is important to find professionals that specialize in real estate investing. Not all real estate agents understand how to analyze a potential rental property to see if there will be positive cash flow and what the potential ROI is moving forward.

2. Develop A Plan

  • What type of rental property would you like to buy? Will it be a single-family home, condo or small office building?
  • What price range do you feel comfortable spending?
  • What is your target ROI?
  • What locations do you want to invest in?
  • Make sure you have cash reserves. How much is right for you?

3. Should you buy the property as an LLC?

  • Talk to a real estate attorney to see if buying a property(s) as an LLC is right for you. I am not an attorney or accountant and cannot give legal advice, but I do own rental property as an LLC. A couple of the benefits of purchasing a property as an LLC are to protect your personal assets and potential tax advantages. One of the downsides of buying as an LLC is that most lenders will not lend to an LLC. There are legal fees as well for setting up an LLC. Again, you should consult an attorney and/or CPA to see if this option is right for you. 

4. Should I hire a property manager?

  • Do you want to deal with finding a tenant?
  • Do you want to handle maintenance calls?
  • Interview property managers to see about their marketing plans, historical rental increases & vacancy rates with current clients.
  • Will the property manager make you more money in the long run with their market knowledge, tenant retention and rental increases?

5. How do I analyze if a property is a good investment?

  • Have your real estate broker run a pro-forma, so you know the potential cash flow.
  • Use conservative rental rate comparisons.
  • Plan for improvements if buying an older property.
  • Expect the unexpected - like failing kitchen appliances and other home improvements that need to be made over time.

6. How do I finance an investment property?

  • This is one of the first steps in the process. If you are going to finance your investment property, it is a good idea to talk to a few lenders. My recommendation is to talk to a big bank, mortgage broker, local bank, and/or credit union. Start with the bank that you currently use to see if they have special financing options for existing customers.
  • Another decision you will have to make is what is the right mortgage for you. There are adjustable rate mortgages or ARMs or fixed rate mortgages. Each option has its pros and cons, so you will want to talk to your real estate agent and lender to see what is the right for fit. 
  • Should I pay cash or use a HELOC? This might be worth talking to your CPA about. In my opinion, it depends on the market and where interest rates are when you want to buy. At the moment, interest rates are historically low, so why pay cash?  You could write a book on this subject, but to be brief, one should analyze the investment property to see what is the best return on your capital.

7.  Accounting & Cash Reserves

  • I recommend having an accountant assist you with your rental property accounting. First start by having a separate bank account for your rental income and expenses. Pay the mortgage, HOAs, taxes, expenses, etc. through your business checking account (i.e. 123 Main Street, LLC). And you guessed it, have the tenant or property management company make rent checks payable to your business account. Better yet, set it up on ACH (automatic deposit/withdrawal) into your business account. 
  • It is important to have cash reserves in your business account for unfortunate expenses that come along with owning rental property. Depending on the age of the home, be prepared to replace kitchen appliances, hot water heaters, and other systems that have a limited life. For example, a landlord should plan to replace the hot water heater every 10-years or so. Having cash reserves in your business account will help you prepare and be ready for replacing or upgrading your property. Big-ticket items like a roof, sewer line, or HVAC can cost a pretty penny. My recommendation is to have at least $10-$15k in your account. Also, think about upgrades that need to be done like new flooring, paint, and other home improvement projects that need to be done to keep the house in good condition.

Brought to you by, Greg Pond, Realtor for TJC Real Estate.

TJC Real Estate & Management Services • 303.720.9199 • Greg@TJCRealEstate.com

Your Neighborhood Realtors® Since 2005

© 2016

Image courtesy of hywards at FreeDigitalPhotos.net

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Stapleton Market Update

Published on Friday, March 11, 2016 | by TJC Real Estate


Stapleton Market Update


The Stapleton housing market had a nice bounce in several areas in February 2016 compared to last year. ReColorado.com showed that there were only 23 home sales in February 2015 compared to 28 property sales in February 2016 in Stapleton. The average price per square foot for a home in Stapleton last month was $264.21 compared to last February it was $227.39 per square foot. The average price of a home in Stapleton is now $504,510 and you guessed it last year it was less at $435,031.

Another important metric in housing is the days on market, which dropped from 63 days in February 2015 to only 30 days in Stapleton. Days on market is the number of days on average that a house is listed for sale before it goes under contract. The recent data points to a strong Stapleton real estate market and there are no signs of it slowing down. I am hearing stories from other real estate professionals that buyer interest is high and many buyers are experiencing bidding wars. 

One other plug that I mentioned last month is a recent report of the Top 50 master-planned communities of 2015 in the U.S., which ranked Stapleton #4. According to the report, Stapleton home sales jumped 31% in 2015 with 665 new home sales. The news and data all point to a healthy real estate market in Stapleton. Time will only tell where it goes from here.

Brought to you by Greg Pond, REALTOR for TJC Real Estate.

TJC Real Estate  • 303.720.9199 • Greg@TJCRealEstate.com

Your Neighborhood Realtors® Since 2005

© 2016


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More to Love in Stapleton

Published on Friday, March 11, 2016 | by TJC Real Estate


More to Love in Stapleton


With the commuter rail opening at Central Park Station in April and more dining, shopping and play options popping up in just about every one of its ten neighborhoods, Stapleton continues to be one of the most dynamic mixed-use urban infill developments in the country.

At the Stapleton/Aurora border, the much-anticipated $25-million Stanley Marketplace is getting closer to reality, with doors expected to open this summer. Billed as a food-centric, community-inspired marketplace, the former Stanley Aviation building will host about 50 local businesses—from a beer garden and local independent restaurants such as Rosenberg’s Bagels, Sazza Pizza and Salads, Happy Bakeshop and Sweet Cow Ice Cream to Stapleton’s own Poppy & Pine flower shop, yoga, boutiques, offices and more.

The 22-acre campus being developed by Flightline Ventures will also include event area for concerts and festivals. The Big Wonderful, a weekend craft, food and music fair, recently announced it will make an appearance at Stanley for several weekends between May and September.

Construction is also breaking ground in the nearby Eastbridge Town Center, where Evergreen Development is turning this seemingly forgotten swath of land into an east-side hub for shopping and dining.  After a decade-long wait, Eastbridge residents will soon be able to grab groceries, coffee and an ice cream cone without jumping in their car. Located at MLK and Geneva Court, the neighborhood-friendly design incorporates an outdoor plaza area for gathering around a fire pit. Rooftop dining at Chef Troy Guard’s second Los Chingones Mexican restaurant boasts mountain views and tantalizing tastes. Little Man ice cream of Highlands-neighborhood fame recently announced it will be joining the fun with its new sub-brand Constellation. Details are being kept under wraps.

Stapleton’s iconic control tower—a beloved, though decrepit neighborhood landmark—is also getting a makeover. This new headquarters for Punch Bowl Social will feature a bowling alley, arcade, diner and outdoor seating at MLK and Central Park Boulevard.

Rounding out the 29th Avenue Town Center development, the final project features a new mixed-use luxury apartment building taking shape on the north side of Founder’s Green. It will include ground floor retail and a high-end sit-down restaurant complete with patio dining.

Brought to you by Greg Pond, REALTOR for TJC Real Estate.

TJC Real Estate  • 303.720.9199 • Greg@TJCRealEstate.com

Your Neighborhood Realtors® Since 2005

© 2016


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Denver Market Update

Published on Friday, March 11, 2016 | by TJC Real Estate


Denver Real Estate Market Report

 

Denver recently ranked as the best city to live in the United States by U.S. News & World Report in 2016. The report looked at “quality of life, job market, as well as the value of living there and people’s desire to live there.” Anybody that lives in Denver knows there is a mass migration to Denver and other great cities and towns in Colorado. Take a peak at housing prices and rental rates and you will see without a shadow of a doubt - Denver is a hot place to live.

The housing market in Denver and the metro area have continued to climb the ladder higher. The average sold price for a home in the Denver area climbed to $377,917 - up 1.5 percent compared to last month. If you look at the year-over-year increase, the average sold price bounced 9 percent. Anthony Rael, Chairman of the DMAR Market Trends Committee, stated that "Homes priced below $325,000 are in such high demand that multiple offers well over list price will continue to be the norm until more listings come online." Mr. Rael went on to say that many homeowners that bought in 2008-2011 are selling to move into a larger home. 

The caveat is that the Denver area housing market had a record low number of active listings at 3,963 last month. This is a huge drop if you look at the Denver Metro Association of Realtors (DMAR) recent report, which stated that from February 1985- February 2015 the average number of homes for sale was 14,979. It appears that home sellers are waiting for the spring and summer market before they decide to list their home. 

The luxury market in Denver and the metro area has shifted to a sellers market, according to the DMAR report. In Denver, there were 65 homes sold for $1 million or more, which is up 22.6 percent compared to last year. Inventory is tight in the Denver luxury market with an average of only 5.2 months of inventory. To put it in perspective, Douglas County has 13.3 months of luxury inventory. Broomfield luxury buyers have even more options with around 26 months of luxury inventory. A balanced real estate market is considered to have 6-months of inventory, less than 6-months inventory is considered a sellers market.

Real Estate Investment Outlook

One of the reasons we are bullish on the housing market for real estate investors is a recent article from The Denver Post. In the article the journalist stated, "The state demography office estimates that Colorado gained 45,300 new households in 2015 but added only 25,000 new housing units. Since the 2007 recession, the states home builders and apartment developers have undershot household formations by 128,000." The report also mentioned the Zillow rent index, which showed the average rent in Denver in November 2015 was up 9.7 percent to $1,952 per month. Denver ranked third in the rent index by Zillow, which was only behind San Francisco and Portland.

The report also noted that the Census Bureau estimated that 101,000 people moved to Colorado in the months through July 2015. Colorado ranked second to North Dakota as the fastest rate of population growth in the United States. With 10,700 jobs added in December in Colorado dropping the unemployment rate to 3.5 percent, we think there is still room to run in the Colorado economy and the housing market. With the shortage of rental units available and the influx of people moving to Denver, we think rents will remain strong and vacancy will remain low.

Brought to you by Greg Pond, REALTOR for TJC Real Estate.

TJC Real Estate  • 303.720.9199 • Greg@TJCRealEstate.com

Your Neighborhood Realtors® Since 2005

© 2016



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School Choice, is it Heaven or is it Hell?

Published on Wednesday, January 20, 2016 | by TJC Real Estate


School Choice, is it Heaven or is it Hell?


Are you looking for a college or just a preschool for your little one?  With so many choices, it may seem like you are making a career choice for your 4-year old rather than just a safe, nurturing environment for him/her to be a child for another year. 

In most of Denver, the elementary school in your neighborhood is the one in which you have an automatic spot, with the exception of Stapleton.  This urban sprawled neighborhood has made a name for itself in many accounts, starting with some of the top Denver schools at their fingertips, and the fact that it is its own enrollment zone for elementary schools.  But we’ll get back to Stapleton a little further down the road. 

Now, if you are not keen on the school in your ‘hood, then you will have to do your research, attend open houses, fill out the school Choice Forms (due this year on January 29th) and hope for the best.  On a positive note, Denver has some great picks for public schools with a variety of focuses so you can TRY and choose the one that best suits your child’s learning style or interests.  To go down this path, if you haven’t already, you can get more information on Denver Public Schools website at http://schoolchoice.dpsk12.org, but remember, the deadline is next week!

If you have a child going into middle or high school, then you find the school in your enrollment zone by going to http://maps.dpsk12.org and entering your home address.   Again, if you or child would like to try your luck at a different school, the Choice process is the same. 

Are you unsure of your options?  Check out www.GreatSchools.net for in-depth information on test scores, student-teacher ratio, special class/program offerings and even reviews left from parents, students and/or teachers.

Back to Stapleton….Stapleton is the only neighborhood in Denver (and maybe the world) with a shared boundary enrollment zone.  A WHAT? Exactly.  It is a ‘geographic area where the students living within it are guaranteed a seat at one of several schools, not just one particular school.’  The great news is, that your child is guaranteed access to a high performing school, the downside is that it may not be the school across the street from you. 

If you live in Stapleton, you have to follow the School Choice process for elementary and middle school due to the shared boundary enrollment zone otherwise your child will be left in School Choice purgatory until DPS figures out where they can ‘fit’ your child and you will have less chance of getting your top choice.

Currently, there are 5 elementary schools in Stapleton:

  • Westerly Creek (28th Avenue & Akron Street) ECE-5
  • Bill Roberts (Montview & Central Park) ECE-8
  • Swigert (Syracuse Street & 35th Avenue) ECE-5
  • Isabella Byrd (Kingston Street & 26th Avenue) ECE-5
  • Hi Tech Elementary (Stoll Place & Verbena Street & 50th)  ECE-5

***Early Childhood Education:  ECE (Preschool)

Please note that ECE is tuition based at all Denver public schools, and Kindergarten is free for the first half of the day (the second half is optional and tuition based as well).

As for Stapleton Middle Schools, a boundary is shared with Park Hill and the school options in the area are:

  • Bill Roberts
  • Denver Discovery Middle School
  • DSST Conservatory Green
  • DSST Stapleton
  • McAuliffe Middle School

Once your child is ready for High School, it gets a little easier.  For Stapleton, Northfield High School is the assigned school for 9th and 10th grades next year and George Washington High School is the assigned school for 11th and 12th grades, but again, the School Choice process is still an option if you decide that these schools aren’t for you. 

The other high schools around the hood are:

  • DSST (Denver School of Science & Technology) Stapleton
  • East High School

There you have it, the School Choice hell that is our wonderful privilege in Denver (and more so in Stapleton). 

Remember, the deadline for 1st round enrollment is January 29th.  If you are new to Denver Public Schools, you also have to Pre-Enroll your child which shares the same deadline of January  29th.

Happy choicing!

Brought to you by Sondra Lockett-Cameron, Marketing Coordinator for TJC Real Estate and Management Services.

TJC Real Estate & Management Services • 303.324.6988 • info@tjcrealestate.com

Your Neighborhood Realtors® Since 2005

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