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City Park, in Denver, is an area that is surrounded by York Street on the West side over to Colorado Boulevard on the East side. It goes from the South at Colfax all the way North to about 26th Avenue. This is a great area. There’s a huge park right in the middle of it called City Park.

City Park features:

• concerts in the summer

• a great public golf course

• a restaurant right there as well

There’s easy access from Colorado Boulevard and York Street and Colfax to get downtown or to the freeways. This is a terrific area with only an 8% foreclosure rate. It has home prices averaging about $343,000. It also has only dropped in price about 8% since the last 12 to 18 months. This neighborhood is actually holding up pretty well, considering what’s happening in the rest of the area.

Homes here are:

• the bungalow style

• tudors style

• old brick ranches

• some redevelopment (like a huge high-rise condo complex right on the South side of City Park.)

If this is an area that might be of interest to you, if you’d like more information, or just want to see what the houses look like over here just visit www.EasyDenverHomeSearch.com and put in ‘City Park’ when you search. Or use the map search feature to find the homes in the area.

If you want more information about the area some of the facts, the demographics and other helpful information, then just give me a call at 303-526-2606 or drop me an email Sam [at] SamWilsonGroup.com. I’d be happy to help you with this area or provide you any information to help you learn more about the area.

Until next time.

Several factors have come together to make now the perfect time to invest in real estate. If you are looking for real estate then not only is now an amazing time to buy but more importantly now is an amazing time for Denver real estate.

Why Now is a Great Time to Buy a Denver Home

The factors making this a great time to buy include suppressed home prices, government incentives, and super low interest rates. If you are looking at prices in just about any major US market you will see that now they are significantly lower then they had been just 2 years ago. Denver is no exception and you can get amazing Denver Real Estate for absolutely phenomenal prices.

The dream home that may have been out of reach 2 years ago is now potentially affordable for you. In addition, the government is trying to jumpstart the housing market and in doing so they are offering tremendous incentives. In particular, if you are a first time homebuyer you will find tremendous tax credits to help you with your new home purchase.

Affordable Mortgage Rates

Finally, with historically low interest rates you will find that you can get a very affordable monthly payment. Best of all these rates are on fixed rate mortgages so you do not need to worry about your costs going up down the road.

If you’ve been thinking about selling your home this year, now is the time to get your home listed!

I just ran the search this morning in the MLS and found that there’s only 18,000 homes for sale in the Denver Metro area. This is detached single family property. The importance of this number is that this is an 8-year low of inventory. At this time last year, there were 28,000 homes for sale. So, this is a significant difference!

Now here’s the urgency. There’s a lot of news, there’s a lot of insight inside the industry that says we’re about to see another wave of foreclosure properties hit the market! There’s been a foreclosure moratorium that you may have heard about that’s kept lenders from putting a lot of properties on the market.

They’re supposed to start entering these properties back on the market here any day now. And they’re not supposed to flood the market, but you just never know what’s going to happen because there’s so many lenders that have foreclosed properties in their portfolios.

So, don’t wait! Now is the time!

Another fact about the Denver Metro area is that June and July are the 2 highest volume sales months of the year. So now is the time to get your property on the market. Prices are also stabilizing. In a few days here in Today in Denver Real Estate, I’ll share with you the year to date numbers through May. This should be out in a few days now.

But, I can tell you that, so far this year, prices have not declined at all. So, if you’d like to find out what your home is worth, just visit my website www.HomeSam.com and click on, “Find out What my Home is Worth” and I’ll have a full broker price opinion and market analysis back to you within 48 hours. (Usually faster.)

So, if you’ve been thinking about listing your home, would like me to come over and visit to see what you might want to do to get it ready to put on the market and give you an honest opinion of what you can sell it for, I’d be happy to come over anytime.

You can contact me by phone, 303-526-2606, E-mail, Sam (at) HomeSam.com, and as always, you can visit my website www.HomeSam.com to see a little more information about me and my listings and how I can get yours sold fast and for top dollar.

Until Next Time