Neighborhood Profile – Belmar

Wadsworth to Quay, Alameda to Virginia

The Belmar neighborhood was built on the site of the now defunct Villa Italia Shopping Center in the Denver suburb of Lakewood.

A mixed use neighborhood, it encompasses 104 acres on 22 city blocks.

Touted as the new “Downtown Lakewood”, the neighborhood boasts residential, office and retail space. The area was built with  both pedestrians and the environment in mind.

The architecture is high-tech  There are solar panels and wind turbines. Silver LEEDS certified buildings house some of the retail businesses.

Residents can walk to restaurants and shopping. Major RTD bus lines run to the center.

For modern and convenient living, Belmar can’t be beat.

to sell or buy, call…

DEBBIE PALLAI

303-883-8837

Brokers Guild Cherry Creek, Ltd.

debpallai@comcast.net

 

Metrollist Statistics – August 2012

© 1998-2012 Metrolist, Inc. All rights reserved.

to sell or buy, call…

DEBBIE PALLAI

303-883-8837

Brokers Guild Cherry Creek, Ltd.

debpallai@comcast.net

Neighborhood Profile: Uptown

Colfax to 20th Street, Broadway to York Street

Hip and happening, this neighborhood offers a true urban lifestyle. Home buyers and renters can pick from hi-rise apartment buildings, modern lofts and vintage single family homes.

Colfax Avenue and 17th Avenue offer a grand choice of restaurants and shops.

Visit the Denver Museum of Miniatures, Dolls and Toys, a real treat for children and adults alike.

Walk or bus to downtown or City Park in minutes.

If city living is what you’re after, this may be the district for you.

to sell or buy, call…

DEBBIE PALLAI

303-883-8837

Brokers Guild Cherry Creek, Ltd.

debpallai@comcast.net

Metrolist Statistics July 2012

 

to sell or buy, call…

DEBBIE PALLAI

303-883-8837

Brokers Guild Cherry Creek, Ltd.

debpallai@comcast.net

 

National Flood Insurance Program

Congress has extended the National Flood Insurance Program for five years. President Obama signed the bill on July 6, 2012.

The bill is a great help to homeowners, homesellers, homebuyers and businesses.

Since 2008, the insurance program has been extended by only a few months at a time.

Mortgages on homes in flood zones cannot be made without flood insurance.  In June of 2010, 4o,000 home sales were interrupted because the program lapsed.

If you’d like more information on flood insurance please click here.  The program is administered through FEMA, and this link will take you to their flood insurance page.

to sell or buy, call…

DEBBIE PALLAI

303-883-8837

Brokers Guild Cherry Creek, Ltd.

debpallai@comcast.net

Denver Real Estate Market Improves

According to Metrolist©, Denver metro area home sales are up 20% over last year’s numbers and 6% over last month.  Average days on market fell 8% over a year ago.

Inventory is down dramatically from 2011 levels.

 Pie charts reprinted from Metrolist © 2012.

to sell or buy, call…

DEBBIE PALLAI

303-883-8837

Brokers Guild Cherry Creek, Ltd.

debpallai@comcast.net

Metrolist Statistics June 2012

to sell or buy, call…

DEBBIE PALLAI

303-883-8837

Brokers Guild Cherry Creek, Ltd.

debpallai@comcast.net

www.debpallai.com

Metrolist Statistics October 2011

© 1998-2011 Metrolist, Inc. All rights reserved.

to sell or buy, call…

DEBBIE PALLAI

303-883-8837

debpallai@comcast.net

www.debpallai.com

Metrolist Statistics July 2011

		% Change vs
	JULY 2011	Prior Month	Year Ago
Single Family (Res + Cond)
Active	17,583	-2.46	-25.02
Pending	1,520	-2.17	214.70
Under Contract	4,250	-10.73	11.61
Sold	3,835	-6.00	17.67
Avg DOM	101	-2.88	17.44
Avg Sold Price	$270,066	1.34	0.13
Residential
Active	14,014	-1.41	-22.07
Pending	1,215	-0.82	217.23
Under Contract	3,386	-11.55	11.02
Sold	3,082	-6.46	17.10
Avg DOM	99	0.00	17.86
Avg Sold Price	$298,654	2.20	0.48
Condominium
Active	3,569	-6.35	-34.72
Pending	305	-7.29	205.00
Under Contract	864	-7.40	13.98
Sold	753	-4.08	20.10
Avg DOM	109	-12.80	17.20
Avg Sold Price	$153,058	-3.41	-0.75

© 1998-2011 Metrolist, Inc. All rights reserved.

to sell or buy, call…

DEBBIE PALLAI

303-883-8837

debpallai@comcast.net

www.debpallai.com

 

Metrolist Statistics May 2011

		% Change vs
	MAY 2011	Prior Month	Year Ago
Single Family (Res + Cond)
Active	17,888	0.23	-16.54
Pending	1,685	-1.23	189.02
Under Contract	4,777	0.59	23.02
Sold	3,732	8.84	-14.50
Avg DOM	109	-2.68	43.42
Avg Sold Price	$257,177	3.29	3.65
Residential
Active	13,958	0.61	-14.54
Pending	1,341	-1.69	172.56
Under Contract	3,858	-0.52	22.91
Sold	3,036	11.01	-11.12
Avg DOM	108	-0.92	44.00
Avg Sold Price	$279,443	2.75	2.25
Condominium
Active	3,930	-1.08	-22.94
Pending	344	0.58	278.02
Under Contract	919	5.51	23.52
Sold	696	0.29	-26.66
Avg DOM	113	-8.13	43.04
Avg Sold Price	$160,051	1.02	1.58

© 1998-2011 Metrolist, Inc. All rights reserved.