Tuesday, April 29, 2014

Cities With Job Growth Expected in 2014


Booming employment centers usually lead to booming housing markets. Forbes recently ranked the 66 largest metros that have more than 450,000 jobs to find out which cities are likely to have the largest growth in employment this year. Forbes crunched employment data from the Bureau of Labor Statistics from November 2002 through January 2014 for these rankings, which are based on recent growth trends and each region’s employment momentum.
The following big cities topped Forbes’ list for projected job growth in 2014:
  1. San Jose-Sunnyvale-Santa Clara, Calif. (Job growth in 2013: 4.3%)
  2. San Francisco-San Mateo-Redwood City, Calif. metro (Job growth in 2013: 3.6%)
  3. Austin-Round Rock-San Marcos, Texas (Job growth in 2013: 4.1%)
  4. Raleigh-Cary, N.C. (Job growth in 2013: 3.9%)
  5. Houston-Sugar Land-Baytown, Texas (Job growth in 2013: 3%)
  6. Nashville-Davidson-Murfreesboro-Franklin, Tenn. (Job growth in 2013: 3%)
  7. New York City, N.Y. (Job growth in 2013: 2.2%)
  8. Orlando-Kissimmee-Sanford, Fla. (Job growth in 2013: 3.3%)
  9. Dallas-Plano-Irving, Texas (Job growth in 2013: 2.8%)
  10. Denver-Aurora-Broomfield, Colo. (Job growth in 2013: 3%)
Source: “The Best Big Cities for Jobs 2014,” Forbes.com (April 2014)

Tuesday, April 22, 2014

Open House Saturday, April 26, 2014 from 11-1!




 Join us for an Open House this Saturday, April 26 from 11-1 at 15672 E. Indian Brook Circle, Parker, CO 80134.

This gorgeous 4 bedroom, 4 bath home with 3,016 finished square feet is located ...in the Horse Creek neighborhood. This beautiful home has amazing views of the Front Range. Attached two-car and separate 1-car hobby garage. The kitchen has upgraded fixtures, granite countertops and an island. An upstairs bedroom has its own bathroom-perfect as a guest retreat!

The spacious master suite has vaulted ceilings and a 5-piece master bath with several upgrades. The backyard is perfect for relaxing or entertaining with friends and family. The walkout basement is unfinished, allowing for you to add your own personal touch as it opens up to spectacular views! This beautiful newer home is a definite must see, comes complete with snow blower!

The MLS # is 2475497 and it is priced at $475,000. You can view a tour of this home at www.15672EIndianBrook.com.

Please call Jeff Sams at 303-993-6436 for details and to schedule a showing!

Green Dot MoneyPak Card: SCAM ALERT


As reported to Parker Business Owners on Tuesday, April 21,2014.

The Parker Police Department is warning residents and businesses against Green Dot MoneyPak card scams. The Police Department has received several complaints in recent from local businesses and residents who have fallen victim to this scam.

Here is how the scams work:
Residents and business owners receive a call from someone who claims to be collecting a debt for either a utility company or the IRS or a bank requesting additional information to process a loan request.

*The Utility Company Scam: The victims are contacted by a caller who states they work at a utility company and are collecting money that is past due. The caller informs the victim that they can avoid having their utility service disconnected if they immediately pay the past due amount using a Green Dot MoneyPak card that can be purchased at a local store. The caller instructs the victim to purchase a Green Dot MoneyPak card in a specified amount and provides the victim with a phone number to be called back when the MoneyPak has been obtained. The victim purchases a Green Dot card at a local store and proceeds to call back the number they were given. The victim is instructed to scratch off and read the MoneyPak card serial number to the perpetrator. Once the scammer has the serial number they are able to transfer funds onto a prepaid debit card. The victim has now lost their money.

*The IRS Scam: The victims receive a call and are told they owe back taxes, fees or fines to the IRS. The perpetrator states if the victim does not make an immediate payment they can be evicted from their home and have their bank accounts frozen. This scam follows the same format as the utility company scam, the results also being that the victim’s money is stolen.

* The Bank Scam: After the victim applies for a loan online they receive a phone call from a scammer claiming to work for a bank. The scammer tells the victim they have been approved for the loan however they need to pay a processing fee. The fee must be paid by a MoneyPak card. This scam follows the same sequence as the others, again with victim’s money being stolen.

Green Dot MoneyPak cards themselves are legitimate products when used for the right purposes. Once purchased at a participating retailer with cash, consumers can use the cards to reload other prepaid cards, add money to a PayPal account or make same-day payments to major companies. Because the cards can only be bought with cash, consumers never need to disclose their personal or financial information to a retail cashier or to make a payment.

While many schemes still involve scammers asking for funds to be wired to them, MoneyPaks have the added benefit of the scammer not having to show up at an office to claim the funds.

Anyone with the 14-digit number found on the back of the MoneyPak card can drain the card of funds. In all of these examples, the intended victims are instructed to buy a Green Dot MoneyPak card, load the amount of the fine or other money owed onto the card and then provide the number on the back of the card to the scammers, who will then drain the fund from the card.

Scam Prevention Tips
• Be suspicious of callers who demand immediate payment for any reason.
• Remember that anyone who has the number on a Green Dot MoneyPak card has access to the funds on the card.
• Never give out personal or financial information to anyone who emails or calls you unsolicited.
• Never wire money, provide debit or credit card numbers or Green Dot MoneyPak card numbers to someone you do not know.
• Utility companies and government agencies will not contact you demanding immediate payment by MoneyPak.
 

If you believe you have been a target or victim of a scam, contact your local law enforcement agency. If you reside in the Town of Parker, contact the Parker Police Department at 303.841.9800.





Source: www.parkeronline.org (April 21,2014)



Wednesday, April 16, 2014

There's a Rush in 8 Countries for U.S. Real Estate

As reported to Daily Real Estate News in REALTOR Mag on Tuesday, April 15, 2014.

Foreign buyers are being lured to U.S. real estate due to what they perceive as bargain prices, economic stability, and a “safe haven for investors,” 24/7 Wall St. reports. Interest in U.S. real estate from international buyers in 10 countries has soared since 2009 by 95 percent or more. In nine of those countries, the interest has at least doubled, according to data from RealtyTrac.
“The U.S. real estate market is coming off of a rough patch and entering recovery mode,” says Daren Blomquist, RealtyTrac’s vice president. “International buyers see it as a great time to jump in and catch the U.S. market on the upswing.”
24/7 Wall St. compiled data from RealtyTrac to find that the following countries are showing the highest increases in interest in purchasing American homes.
  1. United Arab Emirates
    Growth in prospective home buyers: 352.2%
    Share of international prospective buyers: 1.1% (12th highest)
  2. Switzerland
    Growth in prospective home buyers: 269.7%
    Share of international prospective buyers: 2.1% (8th highest)
  3. Hong Kong and China
    Growth in prospective home buyers: 254.2%
    Share of international prospective buyers: 4.1% (4th highest)
  4. France
    Growth in prospective home buyers: 190%
    Share of international prospective buyers: 2.8% (6th highest)
  5. Italy
    Growth in prospective home buyers: 178.4%
    Share of international prospective buyers: 1.9% (10th highest)
  6. United Kingdom
    Growth in prospective home buyers: 153.8%
    Share of international prospective buyers: 12.1% (2nd highest)
  7. Australia
    Growth in prospective home buyers: 121.9%
    Share of international prospective buyers: 11% (3rd highest)
  8. Canada
    Growth in prospective home buyers: 107.7%
    Share of international prospective buyers: 45% (the highest)
Source: “10 Countries Racing to Buy American Homes,” 24/7 Wall Street (April 11, 2014)

Wednesday, April 9, 2014

OPEN HOUSE THIS SATURDAY, APRIL 12 FROM 1-3!


Join us for an Open House this Saturday, April 12 from 1-3 at 15672 E. Indian Brook Circle, Parker, CO  80134.




This gorgeous 4 bedroom, 4 bath home with 3,016 finished square feet is located in the Horse Creek neighborhood. This beautiful home has amazing views of the Front Range. Attached two-car and separate 1-car hobby garage. The kitchen has upgraded fixtures, granite countertops and an island. An upstairs bedroom has its own bathroom-perfect as a guest retreat!

The spacious master suite has vaulted ceilings and a 5-piece master bath with several upgrades. The backyard is perfect for relaxing or entertaining with friends and family. The walkout basement is unfinished, allowing for you to add your own personal touch as it opens up to spectacular views! This beautiful newer home is a definite must see, comes complete with snow blower!

The MLS # is 2475497 and it is priced at $475,000.  You can view a tour of this home at www.15672EIndianBrook.com.

Please call Jeff Sams at 303-993-6436 for details and to schedule a showing!

Tuesday, March 4, 2014

Prices Increase While Existing-Home Sales Drop in January

Source: Realtor Magazine Online (02/21/2014)

Existing-Home Sales Drop in January While Prices Continue to Grow

Existing-home sales fell in January to the lowest level in a year-and-a-half, but ongoing inventory shortages continue to lift prices in much of the U.S., according to the National Association of REALTORS®.

Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, dropped 5.1 percent to a seasonally adjusted annual rate of 4.62 million in January from 4.87 million in December, and are also 5.1 percent below the 4.87 million-unit pace in January 2013. Last month’s level of activity was the slowest since July 2012, when it stood at 4.59 million.

Lawrence Yun, NAR chief economist, said unusual weather is playing a role. “Disruptive and prolonged winter weather patterns across the country are impacting a wide range of economic activity, and housing is no exception,” he said. “Some housing activity will be delayed until spring. At the same time, we can’t ignore the ongoing headwinds of tight credit, limited inventory, higher prices and higher mortgage interest rates. These issues will hinder home sales activity until the positive factors of job growth and new supply from higher housing starts begin to make an impact.”
The median existing-home price for all housing types in January was $188,900, up 10.7 percent from January 2013. Distressed homes – foreclosures and short sales – accounted for 15 percent of January sales, compared with 14 percent in December and 24 percent in January 2013.

Eleven percent of January sales were foreclosures, and 4 percent were short sales. Foreclosures sold for an average discount of 16 percent below market value in January, while short sales were discounted 13 percent.

Total housing inventory at the end of January rose 2.2 percent year-over-year to 1.90 million existing homes available for sale, which represents a 4.9-month supply at the current sales pace, up from 4.6 months in December. Unsold inventory is 7.3 percent above a year ago, when there was a 4.4-month supply. A supply of 6.0 to 6.5 months represents a rough balance between buyers and sellers.

According to Freddie Mac, the national average commitment rate for a 30-year, conventional, fixed-rate mortgage slipped to 4.43 percent in January from 4.46 percent in December; the rate was 3.41 percent in January 2013.

NAR President Steve Brown, co-owner of Irongate, Inc., REALTORS® in Dayton, Ohio, said that in addition to disruptive weather, higher flood insurance rates are impacting the market in areas designated as flood zones, which account for roughly 8 to 9 percent of sales. “Thirty percent of transactions in flood zones were cancelled or delayed in January as a result of sharply higher flood insurance rates,” he said. “Since going into effect on October 1, 2013, about 40,000 home sales were either delayed or canceled because of increases and confusion over significantly higher flood insurance rates. The volume could accelerate as the market picks up this spring.”

Congress is considering legislation to halt new flood insurance rates so the Federal Emergency Management Agency can complete an affordability study and determine the full impact of the law.
The median time on market for all homes was 67 days in January, down from 72 days in December and 71 days on market in December 2013. Short sales were on the market for a median of 150 days in January, while foreclosures typically sold in 58 days and non-distressed homes took 66 days. Thirty-one percent of homes sold in January were on the market for less than a month.

First-time buyers accounted for 26 percent of purchases in January, down from 27 percent in December and 30 percent in January 2013. This is the lowest market share for first-time buyers since NAR began monthly measurement in October 2008; normally, they should be closer to 40 percent.
All-cash sales comprised 33 percent of transactions in January, up from 32 percent in December and 28 percent in January 2013. Individual investors, who account for many cash sales, purchased 20 percent of homes in January, compared with 21 percent in December and 19 percent in January 2013. Seven out of 10 investors paid cash in January.

Single-family home sales fell 5.8 percent to a seasonally adjusted annual rate of 4.05 million in January from 4.30 million in December, and are 6.0 percent below the 4.31 million-unit pace in January 2013. The median existing single-family home price was $188,900 in January, up 10.4 percent from a year ago.

Existing condominium and co-op sales were unchanged at an annual rate of 570,000 units in January, and are 1.8 percent above a year ago. The median existing condo price was $188,700 in January, which is 13.0 percent above January 2013.

Existing-home sales by region:

Northeast: Declined 3.1 percent to an annual rate of 620,000 in January, and are also 3.1 percent below January 2013. The median price in the Northeast was $241,100, up 6.6 percent from a year ago.
Midwest: Dropped 7.1 percent in January to a pace of 1.04 million, and are 8.8 percent below a year ago. The median price in the Midwest was $140,300, which is 7.6 percent higher than January 2013.
South: Declined 3.5 percent to an annual level of 1.95 million in January, but are 1.6 percent higher than January 2013. The median price in the South was $161,500, up 9.4 percent from a year ago.
West: Dropped 7.3 percent to a pace of 1.01 million in January, and are 13.7 percent below a year ago. Sales in the West are attenuated by tight inventory in many areas, pushing the median price to $273,500, up 14.6 percent from January 2013.

Source: Realtor Magazine Online (02/21/2014)

Tuesday, February 11, 2014

Denver Listed by Trulia as Nation's #6 Best City to Dine with Your Valentine

As posted on the Trulia Tips on Thursday, February 6, 2014.

In case you haven’t noticed the recent explosion of pink, red, and heart-shaped boxes of chocolates, we’re here to remind you that Valentine’s Day is just around the corner. To save you from a night of sleeping on the couch, we’ve created a list of the best cities to dine with your Valentine. Last year, we took a look at the “Best Eating Towns and Drinking Towns” across America – metropolitan areas with the highest density of restaurants and bars. The usual suspects showed up (New York, San Francisco, Los Angeles), but we wondered about the rest of the country.
We took that data and reimagined it to include a romance factor that considers how exciting, romantic, delicious or interesting the food and bar scenes are. After tallying up the points, here are the best places from around the country (in no particular order) for you and your loved one to hit the town. If you’re lucky enough to call one of these cities your home, don’t miss out! If not, there’s always time for a romantic jet-set weekend with your special someone. Take a look and let us know what you think!
Our 10 Best Cities To Dine With Your Valentine:
  1. New Orleans
  2. Boston
  3. Charleston
  4. Portland
  5. Miami
  6. Denver
  7. Austin
  8. Seattle
  9. Honolulu
  10. St. Louis
1. New Orleans:
New Orleans is a perfect place to ignite (or re-ignite) your love for your special someone. Take a tour of south Louisiana with Cajun and Creole classics or step into the Caribbean by sampling fresh seafood. Duos can dine their way through Spain, Italy, Africa, South America and France without stepping foot out of the States – it’s all available in New Orleans.
From formal dining rooms to quaint courtyards, there’s a taste and a place for every couple. Start your evening off with the sunset at Woldenberg Park and watch the sun dance across the Mighty Mississippi. Take a stroll along the Moonwalk on the river at Jackson Square. There are few things more quintessentially couple-y than a late-night ride around the Quarter in the back of a horse-drawn carriage. Finally, it’s always fun to end an evening with a little something sweet, so before heading back to your hotel, swing by Café du Monde for a cup of café au lait and an order of world-famous beignets.
2. Boston:
Boston is nicknamed “beantown” for its famous Boston Baked Beans, but we suggest skipping these on V-day and splurging instead on more romantic fare.  Imminently walkable and packed with adorable cobblestone streets, Boston is known for its classic architecture and cozy restaurants.  For less touristy fare than Faneuil Hall head to Newbury Street. Summer or winter, this street will delight shoppers and foodies alike with its hip bars and wide variety of restaurants. Newbury Street starts right at the Public Garden and proceeds for the length of the historic, beautiful, and romantic Back Bay neighborhood.
For many, Cambridge is synonymous with Harvard University and MIT, but that’s only a small corner of this expansive city across the Charles River from Boston. Some of the funkier restaurants and bars cluster around the various “squares” in Cambridge. The Squares are really overgrown intersections, but are handy reference points and typically have a Red Line subway stop, making them easy to reach from Boston if you want to sample one of the many Brazilian restaurants or authentic Boston Irish pubs.
3. Charleston:
Historic Charleston is bursting with Southern charm and hospitality. The city feels a bit like it’s suspended in time, thanks to its antebellum architecture and surrounding plantation landscapes, but a lot has changed in the 300 years since it was founded. Take your date for a walk or carriage ride and enjoy the incredible views of the Battery,  French Quarter, and Waterfront Park, then become inspired by the cultivated beauty of the gardens at Middleton Place.
Locally sourced ingredients are the name of the game at FIG, whose chef Mike Lata picked up the James Beard award for best chef of the Southeast in 2009. That prize’s 2010 winner Sean Brock is behind McCrady’s, in a beautiful and romantic national landmark building, and Husk, which has a sprawling porch and hipster-friendly adjacent bar.
4. Portland:
Portland is surrounded by incredible scenery and has an expansive food scene that reflects its eclectic residents: bike lovers, urban gardeners, emerging artists, and food truck purveyors. There are few traditional fine dining options, but the fresh, locally-farmed fare you’ll find around every corner speaks for itself.
We recommend starting at the city’s legendary Saturday Market in the historic Chinatown area to soak in the ambiance and get a feel for the city. Then, try a local liquor on Distillery Road or one of the many local brews. Later, try some of the hipster restaurants and food trucks that make Portland a foodie favorite: Le PigeonPok PokLaurelhearst MaketBunk Sandwiches. Finish your day off right with a crazy dounut concoction at Voodoo Dounts and wash it down with some coffee made with care by a local roaster.
5. Miami:
In Miami, you can enjoy the sun and surf on South Beach, the 1920’s architecture of the Art Deco district, or take a drive down the Florida Keys to really get away from it all. Nicknamed the “Capital of Latin America,” Miami is the largest U.S. city with a Spanish-speaking majority population.
Given its diverse residents, the cuisine in Miami has a lot of Caribbean and Cuban influences and options range from fine dining with hot celebrity chefs to food trucks. The place to go for Cuban food? Versailles. Other highlights include: NeMesis Urban Bistro and Latin Burger and Taco.
6. Denver:
Nicknamed the “Mile High City,” Denver is nestled in the Rocky Mountains and gets 300 days of annual sunshine, making it a great year-round destination. Its urban setting in close proximity to the hiking, skiing, and natural beauty of the Colorado Rockies means there’s something for everyone.
On the food and drink front, it’s best known for its breweries—Coors, anyone?—and the city welcomes visitors from around the world when it hosts the annual Great American Beer Festival each fall. Denver is also famous for its dedication to New Mexican cuisine, especially green and red chile sauces and the Denver Omelette. A pioneer town in more ways than one, Denver was also the birthplace of fast food chains Chipotle Mexican GrillQuizno’s, and Smashburger. For Valentine’s Day, though, we humbly suggest that you try some fancier fare at one of the innovative chef-owned restaurants that are popping up all over the city.
7. Austin:
Austin is the “Live Music Capital of the World” and home to hundreds of live music venues where you can stumble into a joint and catch an amazing local act any night of the week. Located in the heart of Texas—but viewed by many traditional Texans as another world–”Keep Austin Weird” has been a local motto for years and is used to promote Austin’s eccentricity and diversity.
BBQ is the Texas standard, and you can find the famously delicious Salt Lick, Iron Works and Stubb’s BBQ joints within Austin city limits. But if you’re interested in something a little more “weird,” try SoCo, a shopping district stretching down South Congress Avenue from Downtown. The area is home to coffee shops, eccentric stores, restaurants, food trucks, trailers, and festivals. Make sure to check out Austin’s most famous piece of graffiti on South Congress Street and tell your special someone that you love them.
8. Seattle:
Seattle is known for being the birthplace of the rock music style “grunge,” which was made famous by locals like Nirvana, Pearl Jam, Soundgarden, and others. When people aren’t wearing flannel or rocking out to grunge, they may be hitting up the world-famous Pike Place Market overlooking the Elliott Bay waterfront.
For a Seattle-style romantic experience you won’t get anywhere else, make reservations at the Space Needle restaurant, SkyCity. The restaurant slowly rotates 360 degrees throughout your entire dinner, allowing you views of the entire city. If heights aren’t your thing, stop by Canlis in Queen Anne, one of Seattle’s finest and most romantic spots. Canlis has long held the throne of “Best Seattle Restaurant” and your meal is sure to be unforgettable.
9. Honolulu:
Aloha! Honolulu is the state capital and the most populous city in Hawaii. Located on the island of Oahu, Honolulu is a must-visit destination for sun worshipers from all over the world. Aside from being a vacation paradise, the city is also famous for being host to a diverse variety of east-west and Pacific culture, cuisine, and traditions.
In the midst of a culinary revolution, Honolulu is America’s latest gourmet destination with a plethora of new food trucks, farmers’ markets, pop-ups, and restaurants. In fact, Conde Nast Traveler just declared it “the next foodie frontier,” and we quite agree. People are no longer coming just for the surf, sand and sun. For an incredible romantic experience, go to Chef Mavro’s and choose between a four- or six-course meal with wine pairings. It’ll be a date your date will remember forever.
10. St Louis:
In St. Louis, they take their food seriously. You and your sweetie may be surprised to learn that some of the country’s most yummy foods come from Gateway City. The city’s claim to fame includes toasted ravioligooey butter cakeprovel cheese, the slinger, the Gerber sandwich, the St. Paul sandwich, and St. Louis-style pizza, featuring a thin crust and provel cheese.
Right now, a new generation of sophisticated chefs are emphasizing the use of local produce, meats, and fish, based on the bounty of the region, and neighborhood farmers’ markets have become increasingly popular. Artisan bakeries, salumeria, and chocolatiers have been founded and are thriving in the city.  The world-famous Gateway Arch marks the very walkable and charming area of downtown St. Louis and a historic center that will serve as the perfect romantic backdrop to your evening.
Source: Trulia Staff