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Tuesday, September 7, 2010

Denver Real Estate Market Update - July 2010

% Change vs
JULY 2010Prior MonthYear Ago
Single Family (Res + Cond)
Active23,4503.3512.25
Pending483-12.34-
Under Contract3,808-1.98-27.96
Sold3,259-19.45-26.60
    Avg DOM864.55-14.58
    Avg Sold Price$269,704-1.396.72
Residential
Active17,9833.7313.60
Pending383-14.32-
Under Contract3,050-3.54-27.35
Sold2,632-18.44-24.45
    Avg DOM843.70-14.29
    Avg Sold Price$297,218-0.727.43
Condominium
Active5,4672.158.04
Pending100-3.85-
Under Contract7584.84-30.33
Sold627-23.44-34.41
    Avg DOM936.90-14.68
    Avg Sold Price$154,209-10.13-6.84

*Courtesy of Denver Metrolist

Denver Real Estate Market Update for August 2010 will be coming soon...

Thursday, September 2, 2010

A Taste of Colorado 2010 - Labor Day Weekend

A Taste of Colorado
Labor Day Weekend — Sept. 3 through Sept. 6, 2010

DENVER – Colorado’s annual Labor Day weekend celebration, A Taste of Colorado, returns to Downtown Denver’s Civic Center Park on Friday, Sept. 3 through Monday, Sept. 6, 2010.

In its 27th year as the state’s largest free-admission outdoor event, A Taste of Colorado draws more than 500,000 visitors annually. Six entertainment stages include national, local, and ethnic music in a variety of genres, children’s performers, and much more. Festivalgoers also can try a variety of culinary delights from more than 50 of Colorado's favorite food establishments, including a fine dining area and culinary showcase. Plus, visitors can enjoy the offerings of more than 270 marketplace artisans and vendors, as well as educational programs promoting the diverse cultural and Western heritage of the region.

WHAT: A Taste of Colorado — FREE ADMISSION
WHEN: Friday, Sept. 3 through Monday, Sept. 6, 2010
WHERE: Civic Center Park, Downtown Denver (at the intersection of Colfax Ave. & Broadway)
HOURS: Friday: 11:30 a.m. – 10 p.m.
Saturday and Sunday: 10:30 a.m. – 10 p.m.
Monday: 10:30 a.m. – 8 p.m.

A Taste of Colorado is a community celebration that is produced by and benefits Downtown Denver Events, Inc., the Downtown Denver Partnership family’s community events non-profit organization. The Festival is an opportunity for people throughout the region to come together to experience and appreciate our diverse cultural traditions, and to learn more about our state’s Western heritage. A Taste of Colorado highlights visual and performing arts in addition to featuring educational programs and culinary demonstrations.

A Taste of Colorado - Featured Restaurants


Reward Your Taste Buds




No matter what foods make your mouth water, you will find them at A Taste of Colorado. More than 50 of Colorado's favorite restaurants and food vendors will be there offering small portions to full meals. Here are some of the lip-smacking options to expect at the Festival:

528 Degrees
Alpine Sausage Company
Baker St. Pub & Grill
Bayou Bob's
Berrie Kabobs
Bubba Gump Shrimp Co.
Caribbean Cuisine
Caldonia's BBQ
Chimayo Mexican Grill
Colorado Buffalo Grill
Falafel King
Famous Dave's Bar-B-Que
Funky Buddha
Gelazzi Gelato
GiGi's Cupcakes
Grand Lux Café
Hard Rock Café
India's Pearl
India's Restaurant
Kinga's Lounge
La Fondue
Ling & Louie's
Lora's Donuts and Bakery
Mustard's Last Stand
Rocky Mountain Turkey Legs
Rosa Linda's Mexican Café
Saj Mediterranean Grill
Saltgrass Steak House
Salt Water Cowboy
South Philly Cheesesteaks
Sweet Lorraine's Deli
Texas de Brazil
Tocabe
Tokyo San Bowl



WHAT: A Taste of Colorado — FREE ADMISSION




WHEN: Friday, Sept. 3 through Monday, Sept. 6, 2010
WHERE: Civic Center Park, Downtown Denver (at the intersection of Colfax Avenue and Broadway)
HOURS: Friday: 11:30 a.m. – 10 p.m.
Saturday and Sunday: 10:30 a.m. – 10 p.m.
Monday: 10:30 a.m. – 8 p.m.







View Civic Center Park - A Taste of Colorado in a larger map

Wednesday, September 1, 2010

The Tax Credit Alternatives

It has now been over 4 months since the Federal Government Home Buyer Tax Credit has expired.  There are still real estate professionals and home buyers mourning the loss of the $8,000 incentive.  The opportunity, however, is not gone just because the Government no longer offers it.


With a little creativity with the sellers and your lender, we can up with your own 'tax incentive plan' and save well over $8,000!

  • Buy down your interest rate.  An rate buy-down can save you tens of thousands of dollars over the life of the loan.
  • Ask the Seller pay for your closing costs and/or concessions.
  • Negotiate for a lower price.  We at Signature Realty have been successful in negotiating as much as 6% below the seller's asking price for buyers in this market.
  • Get in on the historically lower interest rates!  Today's interest rates are the lowest in 40 years.
The money you make and save using a combination of any or all of these opportunities will make a measly $8,000 look like chump change.



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