Neighborhood Profile: City Park

From Ogden Street to Colorado Boulevard, Colfax to 23rd Avenue

The City Park neighborhood is conveniently located east of downtown Denver. Approximately 25% of the neighborhood is made up of the 370 acre City Park.

The area includes single family homes, condominiums and apartment buildings, as well as a variety of restaurants and businesses.

City Park was acquired by The City of Denver in 1881. It has three man-made lakes and hosts the free City Park Jazz Concerts each summer. The acclaimed Denver Zoo and Denver Museum of Nature & Science are within the park. City Park Golf Course is nearby.

City buses run throughout the area.

The City Park neighborhood offers true urban living.

to sell or buy, call…
DEBBIE PALLAI
303-883-8837
Brokers Guild Cherry Creek, Ltd.
debpallai@comcast.net

Metrolist Statistics – November 2012

Metrolist Statistics – September 2012

 

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

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 May 2012

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

to

to sell or buy, call…

DEBBIE PALLAI

303-883-8837

Brokers Guild Cherry Creek, Ltd.

debpallai@comcast.net

www.debpallai.com

Good News and Bad

The economy continues to struggle.  Unemployment and foreclosures are still high.

BUT, if you are in a position to buy a home, NOW IS THE TIME!

Interest rates are very low, with fixed rate 30-year government loans available at 4.25%.  And home prices remain low.

So, if you have a job, reasonable credit and are renting your current home you should consider purchasing a home at this time.  If you have considered selling your current home and buying a more expensive one, now is also the time.  Even though your home will sell for less than it might have in the past, your future, more expensive home, will cost less.

Should you want to discuss this further with me, please call or email me.

to sell or buy, call…

DEBBIE PALLAI

303-883-8837

debpallai@comcast.net

www.debpallai.com