Canterberry update

Important information to spread to your neighbors and friends:

Frontier Valley Elementary
Kindergarten Registration
2011 - 2012
Children must be 5 years old on or before October 1, 2011, to enter Kindergarten.
Wednesday, January 12, 2011 3:45 p.m. - 6:00 p.m.
Thursday, January 13, 2011 8:00 a.m. - 4:00 p.m.

Enrollment packets will be available for download on the Frontier Valley website January 5, 2011.

KINDERGARTEN PACKETS MAY NOT BE ACCEPTED BEFORE JANUARY 12TH AT 3:45 PM!

REALTOR® Magazine-Daily News-Mortgage Rates Continue Record Slide

Good news on Mortgage rates. The article below states the average interest on 15-year loans dipping to 3.57 percent from 3.63 percent a week earlier, and the average interest for 30-year loans sliding to 4.17 percent from 4.24 percent. These are averages so some are gettin even lower rates. I have also talked to several mortgage brokers about options for investors and the do have them. Contact me if you are interested in more information or making a purchase.


REALTOR® Magazine-Daily News-Mortgage Rates Continue Record Slide

Colorado in the top 10

Interesting report below. Colorado ranked 4th, which is great. I am guessing Colorado would be a lot higher if they added other criteria to this survey.

Daily Real Estate News | October 20, 2010 | Share
Where Do Most People Want to Live?
If you could live in any state, except the one you live in now, what state would you choose to live in?

The Harris Poll has asked this question every year since 1997. While California tops the list of most popular states to live in among Echo Boomers (now ages 18 to 33) and Gen Xers (ages 34 to 45), Hawaii is the top pick for Baby Boomers (ages 46 to 64) and Matures (ages 65 and over). Among Echo Boomers, Hawaii drops out of the top five.

Here are the top-10 states across the age groups:

1. California
2. Hawaii
3. Florida
4. Colorado
5. Arizona
6. North Carolina
7. Oregon
8. Texas
9. New York
10. Washington

Source: Harris Interactive (10/19/2010)

Foreclosure update

Good info on the foreclosure freeze. This Trulia article focuses on 4 areas that are affected, including buyers. http://www.trulia.com/blog/taranelson/2010/10/4_things_buyers_need_to_know_about_robo-signing_and_the_foreclosure_freeze

REALTOR® Magazine-Daily News-Even in Frugal Times, Home Buying Interest Up

Good updates on future purchases.

REALTOR® Magazine-Daily News-Even in Frugal Times, Home Buying Interest Up

This could be a good indicator of what peoples perceptions are and indicate optimism. Good for the Real Estate market, this should bring more buyers to the market.

10 reasons to buy a home now!

Why is now a great time to buy? Here are 10 reasons:

1. You can get a good deal. Prices are down 30 percent on average. They're at a level that makes sense for people's income.
2. Mortgages are cheap. At 4.3 percent on average for a 30-year fixed-rate mortgage, your costs to own are down by a fifth from two years ago.
3. You can save on taxes. When you add up the deductions for mortgage interest and others, the cost of owning can drop below renting for a comparable place.
4. It'll be yours. The one benefit to owning that never changes is that you can paint your walls orange if you want (generally speaking; there might be some community restrictions). How many landlords will let you do that?
5. You can get a better home. In some markets, it's simply the case that the nicest places are for-sale homes and condos.
6. It offers some inflation protection. Historically, appreciation over time outpaces inflation.
7. It's risk capital. If the economy picks up, you stand to benefit from that, even if you're goal is just to have a nice place to live.
8. It's forced savings. A part of your payment each month goes to equity.
9. There is a lot to choose from. There are some 4 million homes available today, about a year's supply. Now's the time to find something you like and get it.
10. Sooner or later the market will clear. The U.S. is expected to grow by another 100 million people in 40 years. They have to live somewhere. Demand will eventually outpace supply.

Source: Wall Street Journal, Brett Arends (9/16/10)

REALTOR® Magazine-Daily News-10 Markets Most Likely to Appreciate

Good information regarding appreciation. The Denver area made the top 10 in areas most likely to see home values appreciate. The survey was based on the amount opportunities the areas have in growth industries. Great to see Denver in the top 10.


REALTOR® Magazine-Daily News-10 Markets Most Likely to Appreciate

REALTOR® Magazine-Daily News-Mortgage Rates Fall Yet Again

More good news on Mortgage rates. The attached article reports the average rate on a 30 year fixed at 4.38%. Obviously with that being an average, rates are available for less than that. And my buyers have been getting quotes for less than that. It makes this a great time to buy. The cost savings over time really add up and the monthly mortgage payment is really low compared to what most would expect.


REALTOR® Magazine-Daily News-Mortgage Rates Fall Yet Again

Lots of questions about qualifying also. While harder than it has been in the past, most are finding it possible to qualify and qualifying for these great rates.

Feel free to contact me with any questions.

Jeff Sams

What are you waiting for?

Some articles last week reporting a rise in interest rates. No matter how small the increase everyone wants to know if this is a sign that they are going up. My suggestion would be not to panic. As low as interest rates are, slight increases really are insignificant in the big picture. Home prices are still low and the interest rates are still extremely low. The real thing to consider is “What are you waiting for?”

If you are one of the ones out there that is waiting for either home prices or interest rates to drop even further, time to review. The only time we know we have hit bottom is after the fact. We have seen a lot of stabilization in the Real Estate market, with some neighborhoods starting to show appreciation. Home buyers are sticking to their prices and not doing drastic price reductions or accepting low ball offers. The important thing is even if there is a drop in home prices; it would most likely be small considering the huge drops we have already experienced. And interest rates do eventually need to go up. These historic lows cannot be in place for very long.

So if you are considering buying, don’t wait. You don’t want to be one of those that say I wish I had bought back then. There are great opportunities out there, don’t let one pass you by.

REALTOR® Magazine-Daily News-Mortgage Rates Continue to Fall

More good news on Mortgages. Mortgage rates continue to be at historic lows. I am extremely excited with the quotes my buyers are receiving, of course they more excited. Buyers are really seeing the benefit right now. It is definitely a buyers market right now and the loans that are available are making some great deals. The below link shows so average rates that are being reported. Please contact me if you are looking for a Mortgage Broker. We work together to make sure everything is done right on a purchase.

REALTOR® Magazine-Daily News-Mortgage Rates Continue to Fall

REALTOR® Magazine-Daily News-Mortgage Rates Drop to New Lows

Still great news on interest rates. We are a historic lows. I recently talked to a mortgage broker who had and option to get a 30 year fixed loan under 4%. My recent buyers have been very happy with the cost savings vs. what they were expecting to pay.

One of the biggest problems with mortgages over the last 1 1/2 years is the difficulty to get qualified. The mortgage companys have made great improvements to get people qualified that were getting denied when the economy started to drop.

Jumbo loans are also improving. The rates and the qualifications have improved over the last couple months to allow more buyers to take advantage of the opportunities out there.

I have a handful of very good mortgage brokers that I work with to make sure my customers are taken care of throughout the process to ensure a smooth transaction. Please contact me if you have any questions or are interested in reviewing your options.


REALTOR® Magazine-Daily News-Mortgage Rates Drop to New Lows

Late Summer – End of Peak Renting Season, Just for Property Managers, Rentals.com Company Blog

Here is an interesting article posted by Rentals.com about how May, June, and July were the peak months for rentals. But I would disagree. We are seeing a huge surge of renters looking for homes right now. July was a quiet month for renters and August is proving to be busier than May and June combined. While other Property Management companies might be winding down and not promoting your rental property as much we are working hard to accommodate the numerous renters that are contacting us to find a place to live. Now is the time to contact us for a Free Market Analysis to show you how much your house can rent for. Contact me today.



Late Summer – End of Peak Renting Season, Just for Property Managers, Rentals.com Company Blog

Amazing Top-Floor Condo Right Downtown

This is one of my latest homes available for Rent. An impeccably renovated 2 bedroom, 2 bath plus an office in the historic Perrenoud Building. Click the link below to see pictures and details on this condo.

Amazing Top-Floor Condo Right Downtown

A great opportunity to live in a unique place.

Good News for Investors!

The Real Estate market in Colorado has great opportunities for investors. Prices are are still low and a lot of areas are seeing appreciation. Low mortgage rates have also helped to create a very stable market. Colorado has not had the wild sings that other states like California, Nevada, Arizona, etc. have had. When many think about investing in Real Estate they think of fix n flips, but they are missing the biggest opportunity for investors, Renting.

Rental homes are in high demand and rental rate are high. This makes it a great time to invest in properties that can be rented out. There are a lot of properties available that will generate a positive cash flow each month. The program is simple--find a great deal on a home, find a good quality renter, let them pay the mortgage, you keep the profits.

Honestly you are probably dreading the idea of finding and working with a renter. I started in Real Estate by buying homes and renting them out and I now do it for others through our Property Management services. I have had great success personally and for clients getting good quality renters which make the process very rewarding for investors. Even with utilizing our Property Management services, properties can produce great cash flow and take away any headaches or extra work away from the investor so you can do what you do best.

Feel free to post any comments or contact me and I can show you how it can work for you.

Jeff Sams

Gorgeous 7BD/7BA 35 Acre Estate

Here is my latest rental property that I have added. This is an incerdible opportunity to live in Castle Park Ranch. Truly a one of a kind 35 acres and not praire. Click on the link below to see the photos and details.


Gorgeous 7BD/7BA 35 Acre Estate

Real Estate Agent Denver

Welcome to my blog!

I will have current Real Estate news and comments to inform people about their options in Real estate. My goal is for people to read this blog and get better ideas about the options they have in Real Estate and the potential that is out there. I have worked all areas of Real Estate from Buyers to Sellers to Property management for Homeowners as well as working with renters to find a home. I got started in Real Estate as an investor. Starting with my own homes then moving into owning rental properties has given me a diverse knowledge about Real Estate that allows me to look at all options and present them to clients so they can make the right decision regarding their homes or investments.

Owning rental properties myself has given me first hand knowledge on how to make others successful. The Property Management services I provide have given clients an alternative to being foreclosed on, going through a short sale, or avoid selling at a loss. Most are surprised to learn what their home will rent for and can turn a negative situation into a money maker.

Let me know if there are topics you want me to post.

Thanks,

Jeff Sams