Rosedale (Denver, CO)
By Brian Petrelli, MBA, GRI
(The Brian Petrelli Team - Metro Brokers)
Located in the southern area of Denver, Rosedale Denver, offers homes priced from the high $200's to the mid $900's. The demand for Denver Homes is still incredibly high, and this demand, coupled with the dangerously low inventory, is having a huge impact on prices. We just generated this report for one of our clients, and thought it was worth posting here.Rosedale's Home Data Points: Right now, 1 Rosedale Homes are for sale. There are 807 Denver Homes for sale. 10 under contract Rosedale Homes . 1897 under contract Denver Homes . There are 3 Denver foreclosures . Average prices increased $9,894.00 over the last year from $561,939 to $571,833. The average sold price in Rosedale Denver, similar to the broader Denver market, continues an upward trajectory. We'll see if this continues in t...
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By Brian Petrelli, MBA, GRI
(The Brian Petrelli Team - Metro Brokers)
There is an expanding interest in Rosedale Denver as the new construction of condos is underway, bringing new interest in the existing homes. The demand for Denver Homes remains extremely high as Buyers continue their struggle to find available homes. We know the tough market is causing a headache for many buyers. We wanted to post some of the most recent numbers here.Here is the Market Report: There are 4 active Rosedale Homes on the market. There are 1859 active Denver Homes on the market. Under contract Rosedale Homes on the market: 12. Under contract Denver Homes on the market: 2049. There are 3 Denver foreclosures on the market. Average prices decreased $3,447.00 over the last year from $547,182 to $550,629. We will continue to watch this market and report the data here. Hopefully ...
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By Bruce Swedal, Denver Real Estate
Rosedale Real Estate in Denver   What Makes People Choose Rosedale? Homes buyers come to Rosedale for several reasons. Residents of the area enjoy the fifty seven acre Harvard Gulch Park and its 9 hole par 3 golf course. The park also has many activities for those non-golfers out there such as the recreation center, baseball fields, outdoor pool, walking trails and breathtaking views. Do You Want to Make a Move to Rosedale? Take a look at the Rosedale Real Estate in Denver with total access to all of the Hottest Rosedale Listings available. Get them Fast and See Them First with Real Time Updates! What's There To Do In Rosedale? Rosedale is just a short distance from Old South Pearl Street with its fantastic array of dining and shopping options. Also nearby is the University of Denver fo...
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By Bruce Swedal, Denver Real Estate
Rosedale Homes for Sale in Denver   Why Do People Choose Rosedale? The Rosedale neighborhood encompasses the Harvard Gulch Park of 57 acres and a nine hole par three golf course. It also has activities for any non-golfers including a outdoor pool, baseball fields, recreation center, gardens, trails and majestic views.  Are You Looking for a Home in Rosedale? Take a tour of the latest Rosedale homes for sale with this comprehensive list that is updated several times daily to get you the hottest homes on the market first. What's Rosedale Like? The homes in Rosedale are varied and include ranch style from the fifties, tudors from the forties, bungalows from the twenties, older Victorians and even some newer construction.  What's Going on Near Rosedale?  Old South Pearl is just a few blocks...
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By Scott Newcomb
(Your Castle Real Estate)
Loan Considerations for Buy and Hold InvestorsAs far as investment loans, little or no money down loans are impossible.  However, lenders do permit the use of Home Equity Lines of Credit or second mortgages from other properties owned by the borrower as a source of down payment.  Or, self-employed borrowers are using funds from business lines of credit to fund down payments or renovations (please note: there are asset seasoning guidelines for doing so and the debt incurred by accessing other credit lines must be accounted for against the borrower’s debt-to-income ratio). Thus, we have clients leveraging themselves with other homes they own in order to get in with little or nothing down.  There are exceptions, but practically every lender requires Full Income Documentation on any investm...
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By Scott Newcomb
(Your Castle Real Estate)
Loan Considerations for Fix & Flip / Short-Term InvestorsSecuring conventional financing on a fix & flip or short-term loan is not recommended.  Most conventional lenders sell off their mortgages to investors on the secondary market.  If the loan is paid off early (before six payments are made), the investor has not recovered their initial investment.  The investor will attempt to recover their loss from the lender, who will ultimately come after the loan originator.  The loan originator would then be obligated to pay back any premium paid out by the lender.  If such activity becomes habitual with the loan officer, the lender can cease doing business with them and their firm.Furthermore, conventional loans require conventional appraisals.  The lender will require that the home is a) hab...
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By Scott Newcomb
(Your Castle Real Estate)
Loan Considerations for Jumbo MortgagesFor the Greater Metro Denver area, any loan amount greater than $417,000 is considered a jumbo loan.  Fannie Mae and Freddie Mac assign different thresholds for various regions across the country.  For instance, $417,000 is not considered a jumbo loan in a high cost city like San Francisco, yet there will still be higher rates for going above $417K.  Due to the size of jumbo loans, they are considered greater risk for lenders, resulting in higher rates.  Rates have fluctuated greatly over the past few years on jumbos.  As of today, a 30 year fixed could range from 7% - 8%; a full point higher than the prime rate below a loan amount of $417,000.  Five year ARMs are popular on jumbo loans, as they typically price out a half point lower than fixed pro...
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Denver, CO Real Estate Professionals