Happy Holidays!

Merry Christmas and Happy New Year!

2 Bed Townhouse w/ Garage in Aurora near City Center for Rent!

We have a 2 bedroom townhouse for rent conveniently located near City Center in Aurora.  It has an attached 2-car garage, a finished basement with a full bath, an in-unit laundry area with washer/dryer included, and a beautiful kitchen with plenty of cabinets and a refrigerator.  It is listed at $1,200 per month.  Please click on the link below for additional information.

2 Bedroom Townhouse in Aurora

Have a Wonderful Thanksgiving!!!

We want to wish everyone a very happy Thanksgiving and hope you are able to spend quality time with family, friends and loved ones.  Here's to a wonderful holiday season!

Sincerely,

Jeff Sams and JTS Realty & Property Management

2 Bedroom Condo Near Mainstreet in Parker For Rent

We have a 2 bedroom condo for rent in an extremely convenient location on Crestwood Ct. near Mainstreet in Parker.  There is an in-unit laundry area with washer/dryer included, and a private, fenced in patio area in the back.  It is listed at $1,200 per month.  Please click on the link below for additional information.

2 Bedroom Condo Near Mainstreet in Parker

Increase in Real Estate Investment Purchases

The Daily Real Estate News in REALTORMag reported that more people are investing in Real Estate to build their wealth and fund their retirement.

More Americans Bank on Real Estate to Build Wealth

Daily Real Estate News | Tuesday, November 06, 2012

Some Americans are embracing the investor role in real estate, hoping it will fund their future retirement. First-time investors are taking the strategy of buying foreclosed homes at super low rates and turning them into rental properties to increase cash-flow now and hopefully later too.
“The typical small-size mom-and-pop investor has two or three properties, looking at it as an income supplement with the possibility of being able to sell at some point when prices rise enough for them,” says Lawrence Yun, chief economist of the National Association of REALTORS®.
“I’d rather buy real estate than gamble on the stock market or get almost no return from putting my money in a bank,” Barton Wallace, a real estate investor who owns four rental properties in Hingham, Mass., told Reuters. “I don’t have any problem getting tenants.”
The rental market has been performing strongly: Average U.S. rents have soared to a record $1,086 a month during the third quarter, according to MPF Research. Meanwhile, the vacancy rate dropped to a 10-year low in the second quarter.
To fund their purchase, these first-time investors are tapping retirement accounts and transferring their cash into self-directed Individual Retirement Accounts, which allow them to invest and then funnel the returns back into the accounts.
In August, investors snagged about 66,780 homes -- the highest level since the start of the foreclosure crisis, Bloomberg reported using National Association of REALTORS® data.
Source: “Foreclosures Drawing Cash as 401K Returns Sag: Mortgages,” Bloomberg (Nov. 4, 2012)

Exclusive Custom Mountain Contemporary Home For Rent on the Golf Course in Larkspur!

We have a beautiful 4 bedroom custom home in Larkspur for rent located on over 2 1/2 acres overlooking a creek and water feature on the 8th hole of a golf course.  There is over 6000 finished square feet with many upgrades and unique interior details.  Please click on the link below for additional information.

4 Bedroom Custom Home in Larkspur

Freddie Mac Reports All-Time Lows for Mortgage Rates

The Daily Real Estate News in REALTORMag reported that for the second consecutive week, new all-time lows were set for fixed-rate mortgages.

Mortgage Rates Reach New Record

Daily Real Estate News | Friday, October 05, 2012

Fixed-rate mortgages set new all-time lows for the second consecutive week, Freddie Mac reports in its weekly mortgage market survey.
"Fixed mortgage rates fell again this week to all-time record lows due to the mortgage securities purchases by the Federal Reserve and indicators of a weakening economy,” says Frank Nothaft, Freddie Mac’s chief economist.
The Federal Reserve’s move recently to buy up $40 billion of mortgage-backed securities each month until the job market improves is causing mortgage rates to fall.
Freddie Mac reports the following national averages with mortgage rates for the week ending Oct. 4:

• 30-year fixed-rate mortgages: averaged a new record of 3.36 percent, with an average 0.6 point, dropping from last week’s previous record of 3.40 percent. A year ago, 30-year mortgages averaged 3.94 percent.
• 15-year fixed-rate mortgages: averaged a new record low of 2.69 percent, with an average 0.5 point, dropping from last week’s previous record, 2.73 percent. A year ago, 15-year rates averaged 3.26 percent.
• 5-year adjustable-rate mortgages: averaged 2.72 percent, with an average 0.6 point, rising slightly from last week’s 2.71 percent average. Last year at this time, 5-year ARMs averaged 2.96 percent.
• 1-year ARMs: averaged 2.57 percent, with an average 0.4 point, dropping from last week’s 2.60 percent average. A year ago, 1-year ARMs averaged 2.95 percent.

Source: Freddie Mac

Two New Reports Show Last Week Was "A Good Week for Housing"

The Daily Real Estate News in REALTORMag noted there are signs of strengthening in the housing recovery:
  
A Good Week for Housing 
Daily Real Estate News | Friday, September 21, 2012

The housing recovery showed signs of strengthening this week, as two new reports showed home sales and prices on the upswing.
Existing-home sales have soared nearly 8 percent from a year ago, the National Association of REALTORS® reported this week. Meanwhile, the new-home market also is showing signs of recovery, with starts rising 29.1 percent over year-ago levels, according to the Census Bureau.
What’s more, home builders are getting more confident about the market with recent sales, future sales, and buyer traffic. Homebuilder confidence reached its highest level since the housing-boom time of June 2006, according to this month’s index of homebuilder sentiment.
Also this week, fixed-rate mortgages this week were at all-time record lows or near it, helping to keep home buyer affordability high, Freddie Mac reported in its weekly mortgage market survey.
With a drop in inventory of for-sale homes nationwide, many markets are also seeing an increase in home prices. The median home price is $187,400, a 9.5 percent increase over year-ago levels. Also, “that marked the sixth consecutive month of price increases, the first time that has happened since May 2006, near the very peak of the housing price boom,” CNNMoney reports.
“We have a real housing recovery taking root, and that has positive implications for the broader economy,” Sal Guatieri, senior economist at BMO Capital Markets, told the Associated Press. “If home prices continue to rise, so, too, will household wealth and consumer confidence.”
Source: “Housing Recovery Blossoms,” CNNMoney (Sept. 19, 2012) and “Housing Recovery Stirs in August,” Associated Press (Sept. 19, 2012)

Colorado Showing Strong Signs of Recovery in Housing Market

In the Daily Real Estate News in REALTORMag, Colorado is listed as one of the top 5 states showing the strongest signs of recovery in the housing market:

5 Strong Performing Housing Markets

Daily Real Estate News | Tuesday, September 11, 2012

Several real estate markets are showing signs of recovery, with median home prices and sales rising. But which markets are showing some of the strongest signs of recovery?
24/7 Wall St. recently evaluated home price changes for the year ending in July, foreclosure data, the unemployment rate, and other factors to help determine which housing markets are performing some of the strongest. The states that emerged on top of the list are:
1. Arizona
Home price change in the last year year: +16.6%
Median home price: $248,229
2. Idaho
Home price change in the last year: +10%
Median home price: $85,000
3. Utah
Home price change in the last year: +9.3%
Median home price: $129,000
4. South Dakota
Home price change in the last year: +8.3%
Median home price: $101,700
5. Colorado
Home price change in the last year: +7.3%
Median home price: $240,000
Source: "The 10 States with the Strongest Housing Markets,” 24/7 Wall St. (Sept. 4, 2012)

Email and Website Issues Resolved

Since we were affected by the GoDaddy outage today, we apologize for any inconvenience or delays caused by our email service or website being unavailable.  Everything should be back to normal working order, but please let us know if you need anything by calling our office at (303) 993-6436, or sending us an email at info@jtsrealty.com. 

3 Bedroom Townhome for Rent in Aurora

Our newest rental is a beautiful 3 bed/3 bath 1,568 finished sq ft townhome in Aurora.  It has a private, fenced in patio, hardwood and tile flooring, and opens directly onto a park.  It is listed at $1,250 per month.  Please click on the link below for additional information.

3 Bedroom Townhome in Aurora

4 Acre Horse Property in Elizabeth For Sale!

Just Listed!  This 4 bedroom/3 bath, 2,288 finished sq ft home is located on 4 acres in Elizabeth.  It has rustic charm with lots of wood accents and a stone fireplace.  There are spectacular views from a wall of windows in the family room, French doors onto the deck from the dining area, and a spacious finished walk-out basement.  There is a barn on the property and plenty of room for horses.

This home has had a lot of work done in the past few years: newer triple-pane windows, upgraded furnace and A/C, updated appliances, and a new well pump has been installed.  It just needs some finishing touches.

Offered at only $250,000, this is an exclusive opportunity to own acreage in such a wonderful location, close to downtown Elizabeth and Parker!  Please click on the link below for a virtual tour.

Virtual Tour for 44066 Pony Express Ct.

Strong Rental Market

We have too many renters and not enough properties!

The current rental market is very strong.  Over the past year we have seen an increase in the demand for rental properties, in addition to an increase in the monthly rent amounts for those properties.  We have a number of qualified renters currently looking for a place to call home, and we need more rental properties to fill the demand. 

If you currently have a rental property or are thinking of renting out your house, we can help.  We can work with any situation, from getting a property ready to rent to managing existing tenants.  We will do a free consultation and rental market analysis to show how our services can be beneficial to your situation and the amount of rent you can expect to receive for your home.  If you have a current tenant with a month-to-month or expiring lease or need to re-list your property for rent, it may be time to consider a rent increase.

The high rental rates and low Real Estate purchase prices have brought a lot of investors to the market.  The return on Real Estate investments is higher than many other investments and carries less risk of a loss since you own physical property that never goes away.  Let us know if you are interested in purchasing an investment property, and we can have a plan in place to buy, renovate (if necessary), and find a renter as soon as possible.

We also appreciate any referrals.  If you have friends or neighbors that are struggling with what to do with their home or need help with a current rental please let them know about our services.  Homes are renting quick and for high rental rates so take advantage of the current market. 

Please give me a call at (303) 993-6436 with any questions or to set up your free consultation.  I look forward to hearing from you!

Beautiful 4 BD For Rent in the Pinery!

We have a gorgeous 4 bd / 3 ba home available for rent in the Pinery on over 1/3 acre.  There are lots of trees and it has a very secluded feel.  It is listed at $1,800/month.  Please click on link below for more details.

4 Bedroom For Rent in the Pinery

Gorgeous 4 Bedroom Near Parker and Arapahoe in Aurora!

We have a beautiful 4 bd / 2.5 ba home available for rent in Aurora located in the desirable Cherry Creek School District. It is walking distance to the Parker/Arapahoe shopping areas, including Target and 24 Hour Fitness.  It is listed at $1,900/month.  Please click on link below for more details.

4 Bedroom For Rent in Aurora

Denver listed as one of the "Big Six Cities" seeing the most improvements in housing

The following article was posted in the Daily Real Estate News section of today's REALTORMag.   

"Several Cities Declared ‘in the Clear’ from Downturn

Daily Real Estate News | Thursday, July 05, 2012

Nearly 30 cities are “in the clear” from dipping into another housing crisis, posting a “solid base” housing recovery, according to a new report released by Trulia
The “big six cities” that are seeing the most improvements in housing are: Denver; San Jose, Calif.; Pittsburgh; Little Rock, Ark.; Austin, Texas; and Colorado Springs, Colo., according to the report. Those cities posted gains in asking prices of 4 percent or more year-over-year and have seen their foreclosure rates decrease.
Those six markets “avoided the worst of the bubble,” says Jed Kolko, Trulia’s chief economist. “Those metros didn’t have big price declines that we saw in Miami, Phoenix, and Detroit — places that still have a lot of homes left in foreclosures."
Kolko says that Trulia defined “in the clear” in its report as markets with “positive year-on-year asking price growth and low or moderate share of homes in foreclosure.” The other 23 markets cited “in the clear” saw only slight price growth in comparison to the “big six,” Kolko told MSNBC.com.
The six markets saw the following increases in year-over-year asking price increases in June, according to the report:

1. Denver: 7.2 percent increase
2. San Jose, Calif.: 6.2 percent increase
3. Pittsburgh: 5.1 percent increase
4. Little Rock, Ark.: 5 percent increase
5. Austin, Texas: 4.4 percent increase
6. Colorado Springs, Colo.: 4.3 percent increase

However, several cities posted even higher price increases in June, but the Trulia report still labeled them “at risk.” Those markets included Phoenix (18.9 percent); Miami (16.1 percent); Cape Coral-Fort Myers, Fla. (14.9 percent); and West Palm Beach, Fla (9.6 percent). Even though these markets have seen annual asking prices increase, the Trulia report notes they still have a high share of homes in foreclosure.
Source: “Some U.S. Metros ‘in the Clear’ of Housing Crisis,” MSNBC.com (July 3, 2012) and Trulia Price Monitor Report (June 2012)"

Member of Parker Chamber!

We'd like to announce that JTS Realty & Property Management is now a member of the Parker Chamber of Commerce.  We're excited to be a part of such a worthwhile organization!

www.parkerchamber.com

Optimism in the Market

Here's a positive article about the current real estate market...

Signs of Sustained Recovery Abound

Welcome Megan Statler!

We'd like to welcome Megan Statler as our new Office Assistant!  We are very excited to have her working with us.  Please feel free to give her a call at the office with any questions or if you need anything - or simply to welcome her to our team!

Desirable Condo For Rent Near Quincy Reservoir!

We have a 2 bd / 2.5 ba condo available for rent in Aurora within walking distance to the Quincy Reservoir and located near the beautiful community pool.  Please click on link below for more details.

Condo on E. Rice Circle

For Rent! Beautiful 2 Story in Murphy Creek Close to Southlands Shopping Center & DIA!

We have a 3 bedroom plus a loft, 3.5 bath rental available in Aurora near the Southlands Shopping Center and DIA.  It has beautiful upgrades, attached 2 car garage, and the front-yard maintenance is included!  It is listed at $1800 per month.  Please click on the link below for more information.

3 Bedroom Rental in Aurora

One of our newest rentals is a gorgeous 7bd/7ba, 6580 Fin Sq Ft, 35 acre estate in Castle Park Ranch.  It has beautiful upgrades, a gourmet kitchen, home theater room with game area, expansive views of the mountains, an outdoor pool, 35 acres to hike and explore, and much, much more!  Please call Dave Gardner at (303) 993-6436 for more info and to schedule a private showing.  You can also visit www.jtsrealty.com/6607deerrun for additional information.

OPEN HOUSE THIS SATURDAY IN PARKER - CANTERBERRY CROSSING!

Please join us this Saturday, May 19 from 1:00 - 3:00 PM for an open house at 11974 Blackwell Way in Parker, CO.  This beautiful 4 bed/4 bath plus a study home backs to Spirit Ridge open space and is within walking distance to Frontier Valley Elementary.  Please click on link below for more details about this desirable home!

Details about 11974 Blackwell Way, Parker

U.S. home prices could rise 4% a year, forecast says

This article summarizes what several reports are indicating about price increases in the housing market.  This is important information that we can use to help investors hit the areas with the best prices and the most potential for price increases.  Rental properties continue to be in high demand leading to very positive cash flow levels.  We are in one of the best times in history to invest in Real Estate.

USA TODAY HOME PRICES 5/9/12

EXCLUSIVE OPEN HOUSE!

Please join us this Thursday, March 8 from 5-7 PM for an Exclusive Open House at 2678 Danbury Ave., Highlands Ranch, CO 80126. This is a gorgeous 5-Bedroom Plus Office Executive Home listed at only $565,000. Please see http://jtsrealty.com/PropertyDetails?fl_hook=1545485609&show_description=yes&show_address=yes&presented_by&show_virtual_tour=yes for more details.

Denver is Identified as the Top Rebounding Real Estate Market

In a Today Show interview, Barbara Corcoran identified the Denver Real Estate Market as number one in the national economic recovery.

http://youtu.be/8dxig9Vr6nw

4 Reasons Consumers STILL Need an Agent

http://pro.truliablog.com/grow-business/4-reasons-consumers-still-need-an-agent/?ecampaign=anews&eurl=pro.truliablog.com%2Fgrow-business%2F4-reasons-consumers-still-need-an-agent

Here are four reasons why using an agent is still a smart move for buyers and sellers...

Info for Condo Owners

http://www.denverpost.com/business/ci_19789026

This may be a good reason for a lot of condo owners to rent out their condos vs. trying to sell them.  Many are surprised to find out how much they would get for rent and that they would actually make money every month.

Denver are home inventory continues to decline.

Interesting news from the Denver Business Journal.

The inventory level of metro Denver single-family homes and condominiums continued to fall in December, holding a trend that has grown pronounced in the last couple of months, according to a report Tuesday drawing on Metrolist Inc. data.
The 12,531 homes on the market in December represented a 12 percent drop from November, and a 34 percent drop from December 2010, the report states. That number marked a 24 percent drop from December 2009’s 16,456 homes on the market.