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Displaying blog entries 1-10 of 30

HUGE 1+ bedroom, 2 bath loft in the Golden Triangle!

by Roberts Johnson and Rachel Diedrich, Real Estate B

I have an oversized, modern loft for rent or sale in the Golden Triangle.  Open floor plan, 1 bedroom/2 baths 1300 SF.  Pets OK.  Walk to everything!  $1300/month or $325,000.  Rent to own ok too! Call me to check it out!  303.963.5335

Our favorite down town patios to hang out on!

by Roberts Johnson and Rachel Diedrich, Real Estate B

Here are some of our favoirte places to hangout and people watch!  We often take the dogs for a walk and end up on a nice patio, sipping cocktails!

1.  Cherokee on 12th, 1201 Cherokee St, http://www.cherokeeon12thave.com/

2.  Cuba Cuba, 1173 Deleware Street, http://www.cubacubacafe.com/

3.  Osteria Marco, 1453 Larimer St, http://www.osteriamarco.com/

4.  The Market at Larimer, 1430 Larimer St, www.themarketatlarimer.com/

5.  Cafe Colore, 1512 Larimer St, (303) 534-6844

6.  Marlowe's, 501 16th St, www.marlowesdenver.com

7.  Lola, 1575 Boulder, www.loladenver.com

8.  Vita Denver, 1575 Boulder A, www.vitadenver.com

9.  Falling Rock Tap House, 1919 Blake St, www.fallingrocktaphouse.com

10.  Zaidy's:  15th and Lawrence, http://www.zaidysdeli.com/

 

Top Denver Neighborhoods for price appreciation

by Roberts Johnson and Rachel Diedrich, Real Estate B

The results are in!  Here are the 8 Denver neighborhoods that saw the highest appreciation!

The Elite Eight

Denver neighborhoods that saw the highest average sale

price increase in 2008:

 

Baker: Average Sold Price = $255,000; + 8% in 2008. 

 

Berkeley East: Average Sold Price = $314,000; + 7% in 2008 

Cherry Creek: Average Sold Price = $1,161,000; + 11% in 2008

East Highland: Average Sold Price = $296,000; + 7% in 2008 

Platt Park South: Average Sold Price = $402,000; + 4% in 2008 

Rosedale: Average Sold Price = $360,000; +17% in 2008 

University Hills: Average Sold Price = $303,000; +6% in 2008                                                                                   

Wash Park East: Average Sold Price = $705,000; + 8% in 2008

 

The secret is out! Denver is a great place to live and the real estate market is healthy

by Roberts Johnson and Rachel Diedrich, Real Estate B

denver artilce

Check out this article from today's Denver Post!  Another great article about the Denver, CO real estate market.  Things are looking up!

Housing Affordability Surges to Highest Level in 18 Years

by Roberts Johnson and Rachel Diedrich, Real Estate B

More great news for the real estate market!  Please check out the following article: 

RISMEDIA, May 20, 2009-Nationwide housing affordability jumped 10 percentage points during the first quarter of 2009 to its highest level since the series began 18 years ago, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI). The HOI showed that 72.5% of all new and existing homes sold in the first quarter of 2009 were affordable to families earning the national median income of $64,000, up from 62.4% during the previous quarter and up from 53.8% during the first quarter of 2008.

“Underlying the increase in affordability are lower home prices and record low interest rates. Combined with the $8,000 federal tax credit for first-time home buyers, consumers are beginning to return to the marketplace,” said NAHB Chairman Joe Robson, a home builder from Tulsa, Okla.

Indianapolis was the most affordable major housing market in the country during the first quarter. Almost 95% of all homes sold were affordable to households earning the area’s median family income of $68,100. Indianapolis has now topped the affordability list 15 consecutive quarters.

Also near the top of the list of the most affordable major metro housing markets were Youngstown-Warren-Boardman, Ohio-Pa.; Akron, Ohio; Grand Rapids-Wyoming, Mich.; and Syracuse, N.Y.

Several smaller housing markets posted even higher affordability scores than Indianapolis, with Sandusky, Ohio outscoring all others. There, almost 98% of homes sold during the first quarter of 2009 were affordable to median-income earners. Other small housing markets ahead of Indianapolis on the affordability scale included Monroe in Michigan and Mansfield, Springfield and Canton-Massillon in Ohio.

New York-White Plains-Wayne, N.Y.-N.J., where just over 21% of all homes sold during the period were affordable to those earning the median income of $64,800, was once again the nation’s least affordable major housing market in the first quarter. Though affordability jumped 7 percentage points for the quarter, this was the New York metro area’s fourth consecutive appearance at the bottom of the list. Other major metros near the bottom of the chart included San Francisco; Los Angeles-Long Beach-Glendale, Calif.; Nassau-Suffolk, N.Y.; and Honolulu.

Among smaller metro areas, Ocean City, N.J. was the least affordable market, along with San Luis Obispo-Paso Robles, Calif.; Flagstaff, Ariz.; Hanford-Corcoran, Calif.; and Santa Cruz-Watsonville, Calif., respectively.

For more information, visit www.nahb.org.

Denver ranked the #1 city on the verge of a rebound!

by Roberts Johnson and Rachel Diedrich, Real Estate B

Check out this video from this morning's TODAY show which said Denver is the #1 city in the country on the verge of a rebound!  Another reason it is a great time to buy in Denver!

May 19: Real estate expert Barbara Corcoran talks with TODAY's Natalie Morales about the five cities in America that are may be on the verge of recovery from the housing slump and the three cities with the hardest road ahead of them.

 
http://today.msnbc.msn.com/id/26184891/vp/30825142#30825142

Roberts Johnson and Rachel Diedrich

Denver residents can recycle their garden plastics

by Roberts Johnson and Rachel Diedrich, Real Estate B

 

"Keep the Plants, We’ll Take the Pots”
 
Garden Plastic Pot Recycle Driver-by & Drop-off 
 
Plastic garden pots of any size or color, hanging baskets (with wires removed), carrying trays and flower packs of any type will be accepted for recycling at the collection sites and dates listed below.  Also, participating stores will accept these types of plastics anytime at their locations.   A list of participating stores is available online at gardencentersofcolorado.org.
 
No paper, glass, trash or items other than plastic plant containers will be collected at these events. 
These plastics are not recyclable in your purple Denver Recycles cart, so please take advantage of these two special events to recycle your garden plastics.
 
 
June 27, 2009

Denver Botanic Gardens
909 York St.
9 AM to 3 PM
  

FREE Movies under the stars! Family fun in Denver!

by Roberts Johnson and Rachel Diedrich, Real Estate B
   2009 Movies in the Parks
2009 Movies in the Parks
Free Family Fun under the Stars 
 
Bring your lawn chairs, blankets, and picnic goodies for a fun-filled night watching a movie in one of Denver’s beautiful urban parks. The Denver Parks and Recreation department is hosting its fourth season of Movies in the Parks. There are ten family-friendly movies scheduled all summer long to encourage people to get out, enjoy their parks and the beautiful summer weather in Colorado.

With inflatable screens over 24 ft wide, coupled with a high quality sound systems, the movie viewing experience is one-of–a-kind. Each movie will include free popcorn, snow cones and cotton candy. Other concessions will also be available for purchase.
 
Sponsors of the 2009 Movies in the Park are Denver Community Credit Union, Downtown Denver Business Improvement District and Denver Botanic Gardens.
 

Saturday, June 13

Skyline Park

Babe,  - G

Friday, June 19

Cheesman Park

The Princess Bride,  - PG

Saturday, June 27

Skyline Park

E.T. the Extra-Terrestrial,  - PG

Saturday, July 11

Skyline Park

Spiderman,   PG-13

Friday, July 17

Fred Thomas Park

Madagascar: Escape 2 Africa, - PG

Saturday, July 18

Skyline Park

Iron Giant,  - PG

Friday, July 31

Barnum

Kung Fu Panda,  - PG

Saturday, August 1

Skyline Park

Willie Wonka and the Chocolate Factory, - G

Friday, August 7

Cheesman Park

Jurassic Park,   PG-13

Saturday, August 8

Skyline Park

The Wizard of Oz,  - G


For a complete list of park addresses or more information, visit
www.denvergov.org/parksandrec 


Posted on Monday, May 04, 2009
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How will the federal economic stimulus package help Denver?

by Roberts Johnson and Rachel Diedrich, Real Estate B


Want to learn how the Federal Economic Stimulus Will Help Denver?

 
The American Recovery and Reinvestment Act provides the city a great opportunity.  Denver will receive stimulus dollars for critical city projects and programs and report what's received and how it's being spent! View online updates.

New program to help denver home owners avoid foreclosure

by Roberts Johnson and Rachel Diedrich, Real Estate B
The Denver Office of Economic Development launched two new programs to address residential foreclosure and to spur the revitalization of neighborhoods heavily impacted by foreclosure.

The Office of Economic Development launched a $25 million Mortgage Credit Certificate Program, which will assist homebuyers and homeowners with high-cost or sub-prime loans that are at risk of foreclosure. The Office also announced partnerships with two consortiums led by the Denver Housing Authority and the Denver Urban Renewal Authority to redevelop foreclosed properties through the federal Neighborhood Stabilization Program.

“Through these new programs, we’re providing relief to homeowners at risk of foreclosure and to our neighborhoods that have been impacted the greatest by foreclosures,” said Mayor John Hickenlooper. “We’re helping to stem the tide of foreclosure through a comprehensive strategy that creates economic opportunities for our community through job creation and the sustainable redevelopment of housing.”

A Mortgage Credit Certificate is a tool to reduce the amount of federal income tax a borrower must pay by providing an annual federal income tax credit. This in effect provides additional take-home income for the borrower to use in making a monthly mortgage payment.
 
The Mortgage Credit Certificate Program will benefit approximately 180 households throughout Denver. It will target homeowners with any adjustable rate single-family mortgage loan originated between Jan. 1, 2002, and Dec. 31, 2007, who are eligible to refinance. Additionally, the program is available for eligible homebuyers to purchase a home. Annual family income cannot exceed $88,600 for one or two persons and $101,900 for three or more. Higher income and purchase price limits are also available in targeted areas.

The Mortgage Credit Certificate Program is funded through $15 million from Denver’s Private Activity Bond capacity and $10 million from the state of Colorado Private Activity Bond capacity provided through the Housing and Economic Recovery Act of 2008.

Created through the Housing and Economic Recovery Act of 2008, the Neighborhood Stabilization Program is providing Denver with approximately $9.6 million to acquire, redevelop and resell foreclosed properties that might otherwise become sources of abandonment and blight.
 
The City is contracting with two separate teams, led by the Denver Housing Authority and the Denver Urban Renewal Authority, to administer the Neighborhood Stabilization Program throughout the following neighborhoods that have experienced the greatest incidents of foreclosure:
  • Montbello
  • Green Valley Ranch
  • Northeast Park Hill
  • Elyria Swansea,
  • West Colfax
  • Villa Park
  • Barnum
  • Athmar Park
  • Westwood 
  • Mar Lee.
Additional neighborhoods may be added to the program, contingent upon additional federal Neighborhood Stabilization Program allocations and the leveraging of funds with partnering organizations.

The Denver Housing Authority and Denver Urban Renewal Authority teams include a wide range of partner agencies with experience in rehabilitation and development, including Habitat for Humanity, Colorado Housing Assistance Corporation, Colorado Coalition for the Homeless, NEWSED, Northeast Denver Housing Center, Del Norte and the Urban Land Conservancy.

“We’re extremely fortunate to have such an incredible team of nonprofit and community organizations that will work collectively with the City to get families back into foreclosed homes and support Denver’s neighborhoods,” said OED Executive Director André Pettigrew. “One of our goals is to use green standards to ensure that these redevelopments have a minimal impact on our environment, provide energy savings to families and serve as a complement to our sustainable economic development efforts.”

More information about both programs is available online at the OED Web site, www.milehigh.com. The site includes a wide variety of housing information for renters, first-time homebuyers and current homeowners.

To apply for an MCC, interested individuals may contact any of the mortgage lenders participating in the program:
  • American Capital Financial, 303-830-2208
  • American Liberty Mortgage, 303-458-3778
  • Circle One Mortgage, 303-464-3778, 303-302-3132
  • Megastar Financial Corp., 303-321-8800, 303-233-6410, 303-429-2500
  • Rocky Mountain Mortgage Specialists, 303-773-6106
  • Universal Lending Corporation, 720-524-2679
  • Uptown Mortgage, 303-839-5262
  • US Bank Home Mortgage, 303-369-4561
  • Wells Fargo Home Mortgage, 303-779-9199; 303-980-7693; 720-344-7200
  • WR Starkey, 303-757-0300, 720-489-0712

Displaying blog entries 1-10 of 30

Contact Information

Photo of Roberts (Bobby) Johnson Real Estate
Roberts (Bobby) Johnson
Cool Denver Homes, Inc.
2314 Curtis Street
Denver CO 80205
Roberts Cell: (303) 525-7599
Fax: (303)9635335

Providing Real Estate Solutions Every Day!