Looking Up! |
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Did you ever see Fred Astaire looking down at his shoes? Have you noticed that in dancing, the dancers lead with their heads, letting the feet go where the eyes go. A downhill skiier rarely looks at the skis or bindings; the eyes look forward allowing the rhythm of the bumps the energy to guide the skiier.
The Dow hit 13000, things are looking up. The residential real estate market is also looking up! In Cherry Creek North, the stats for the year 2011 show that the price per square foot is steadily moving up. In Condominiums the low price per square foot was $139 compared to the high at $913 leaving an average per square foot price at $377. In the single family home category the low price per square foot was $302, the high was $855 leaving an average per square foot price at $424. In looking up and forward to 2012, there are still many great values in the market with low per square foot prices, but the inventory is low and sellers are gearing up for a brisk spring market. The timing for an upward Seller's market may correspond with an increase in interest rates. What does this mean?
Look forward, move forward...start looking up!
Email judy@kentwoodcity.com for more information on the market or a free market analysis of your home.
posted: February 22, 2012
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Comparative Jeopardy |
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Watson defeats Jeopardy champions! Watson, the IBM brainchild, made international news and history by beating his human competitors, creating the dialogue that one day technology may advance ahead of human capability. In the 3 day tournament, Watson stayed cool and calm, needing neither rest nor nourishment an occasional "battery charge" and an edge over the humans. However, Watson missed a question, lacking what the human brain uses daily, comparative knowledge. Watson missed a simple question, answering..."What is Toronto", the correct answer..."What is Chicago". The question asked to name a US city that had airports named for a World War II hero and battle. If Watson had comparative knowledge he would have eliminated a Canadian city immediately, comparative jeopardy.
Comparative knowledge and the emotional capacity of the human brain is what will always keep ultimate choice and decision making out of the realm of technology.
In residential real estate, buyers and sellers use comparative knowledge while selecting a list price or a sale price. The internet has opened a wealth of competitive information to the real estate consumer, but it cannot think for that consumer. A comparable market analysis will compute the data, search the criteria and give the answer, but it cannot do the work. The buyer needs to tap into the emotional resources of a home purchase and use his ability to compare the knowledge that the internet makes available to make the correct choice. Another tool available to buyers and sellers is a seasoned realtor with a track record and a long list of clients. A realtor has the advantage of experience and market knowledge that will give you the competitive advantage in today's market.
Specializing in the Denver area, I am your real estate connection, call me for a comparative market analysis for your area and we will put our human brains to work.
posted: February 20, 2011
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A Listed |
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The age old question "when" not "if" ... the answer 2715 Castle Glen Place... The premier house on the premier #1 hole of the Castle Pines Golf Club, is finally availabe for sale. The one owner home has been highly coveted but never available...that is until NOW!
The custom Glen home sits on not one but two of the Glen lots. The second lot serves the home like a party wall agreement, usage ranges from patio, pool, or guest house potential. With a paid water tap on the extra lot the sky is the limit.
Ownership of the second lot protects the mountain and golf course views captured from the main house.
The floor plan of the house is designed for comfort living with a main floor master with access to the outdoor deck, a main floor library, an open living/great room, gourmet kitchen and walls of windows to capture the views. The guest rooms are on the walk-out level, large and accomodating with full baths. The entertaining portion of the walk-out includes and wet bar and walk-in wine room.
The immaculate 3 car garage is spacious, accomodating day to day vehicles as well as collector toys.
The home is priced at $1,700,000 and available to be shown by appointment.
For more information contact:
Judy@kentwoodcity.com
Judy Fahrenkrog
Kentwood City Properties
posted: July 13, 2012
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Ready...Aim....SOLD! |
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Two major Lower Downtown Properties closed! The Larimer Place penthouse condominium and the Four Seasons corner unit on the 34th floor closed making downtown Denver the number one place to live. How do you spell LOCATION?
Both properties have sweeping mountain and city views, 24 concierge controlled access, pools and spas, great walk scores, great restaurants and world class theatre and sports, but you knew all of that. What you did not know is that both properties were purchased by Colorado residents looking to re-locate to locate in the location.
Call or email me to learn more about the advantages of living urban! With record breaking low interest rates, there has never been a better time to purchase prime real estate. Give it your best shot...now!
Judy Fahrenkrog
Kentwood City Properties
303-820-2489
judy@kentwoodcity.com
posted: July 31, 2012
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Rome & Other Cities |
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The real estate market buzz is the lack of inventory in the metro areas, much to the dismay of many buyers. If you are a seller, this is great news as low inventory tends to increase market values. However, if you are a seller looking to buy or even rent, the news is receiving mixed reviews. Afterall...
."Rome ne s'est pas faite en un jour." Ah oui, the famous phrase..."Rome wasn't built in a day." was coined by none other than a 12th century French cleric. Voila!
Cherry Creek North is the Roman example. With several new projects underway, most mixed-use commercial and residential, it will be a few years before product is available and most of the product will be rental. If you have been fence sitting in the Cherry Creek North area, time to find a lower fence. A year ago, buyers had the luxury of patiently waiting for one of two things, prices to drop further or new inventory hitting the market. Neither of these two things occured in 2013. While the neighborhood associations took action with developers to proceed with caution, the developmens were delayed and the existing inventory sold.
The new normal in Cherry Creek North is finder's keepers. The same holds true for many urban communities.. the aka?... LoHi/Highlands and Lower Downtown.
Yes, market fans, we cannot Houdini inventory. However, during the lag in new construction there are some alternatives. The best action plan is to get involved with the market you desire with an experienced and licensed realtor that specializes in your desired area. Zillow and other websites cannot track the word of mouth. The specialist not only knows the market via Intenet, but the specialist knows the neighbors and the friends of friends and the other brokers that specialize.
If you are interested in learning your market, contact me now! I specialize in city close and suburban areas including the best kept secret for inventory and prices...Castle Pines Village!
Judy Fahrenkrog
Kentwood City Properties
303-820-3489
posted: April 22, 2013
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Happy New Year |
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There are two days of the week that begin with the letter T...
Today and Tomorrow! As many celebrate Rosh Hashanah, the tradition of beginnings, the concept of today and tomorrow is more poignant.
If we are truly living in the present with an eye forward to the future, every day should be a celebration and new beginning.
This begs the question, if you are living in the present, do you like where you live?
The housing market has been so mercurial the last few years that many households have had to make temporary changes in order to secure tomorrow. Many homes that could not sell due to the drop in property values were rented to cover the mortgage costs. The sellers became renters and the rental market sky rocketed along with rent prices; the demand seized the supply. The sellers/renters took on the concept of a temporary "today" in order to create a better tomorrow. Tomorrow has arrived, the property values have seen a steady rise with continued low interest rates, and the rental market continues its super competitive edge. Today and tomorrow have arrived, it is time to move.
Seize today! Take the inventory and decide if you are living exactly how you want to live and where you want to live. If not, contact me for the opportunity to see the marketplace. I am available today and tomorrow. Whether you are a buyer or a seller, I have the knowledge, expertise and skill sets that will help you maneuver through the process. If you have an agency relationship this is not meant as a solicitation but a congratutlations; working with a professional Realtor is the first step.
Browse this website for information of the array of homes that I have listed for sale, and the other great resource is my company website: www.denverrealestate.com.
Judy Fahrenkrog
Kentwood City Properties
judy@kentwoodcity.com
posted: September 17, 2012
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Change Optimists |
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"People who resist change are either very naive or very wise". This profound statement was spoken by the Chinese philosopher, Confucius. Most of us are somewhat in between, neither wise nor naive, nor resistant to change because we are change optimists. Necessity forces us to adjust to change throughout our lives. Our family dynamics are in a constant state of change through marriage and partnerships, kids coming and going, career paths and ultimately residences. Many feel that change is good, these are the change optimists as the change is viewed as growth, the journey of life. Others fear change and become somewhat stuck in the middle. The phrase "stuck in the eighties" connotes many images from our sense of style to our sense of technology. We picture suits with shoulder pads, sedans with phone consoles and television sets that houses were built around. Viewing the world as a change optimist is the challenge. Are you looking for a "fifties ranch style home" or a "mid-century modern"? Is your video library a VHS or an IPAD, skis long and narrow or a shaped dynamic? Optimistically changing the perspective, becoming unstuck is the journey of the change optimist.
Spring is a great season to become a change optimist. The renewed energy from nature's rebirth inspires change. Take an inventory this spring of the change that is needed. Being stuck is the direct opposite of change, and the only way to become un-stuck is to move.
Let's move!
posted: April 10, 2011
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Indian Summer Castle Pines Style |
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'Tis a privilege to live in Colorado and Coloradoans are enjoying that privilege today.
Along the front range, snow fell and temperatures dropped wreaking havoc on the Denver area's deciduous trees that have not changed color after a mild autumn. The streets have been lined with limbs and leaves, but not in the glorious Castle Pines Village.
Castle Pines Village is nestled in a century plus Ponderosa Pine forest with acres of the majestic evergreens that withstand an early winter storm. The Village is home to two Jack Nicklaus signature golf courses and a cornucopia of homes from large estates to zero lot line townhomes. The Village was planned and developed in the early eighties and has adhered to blending unique architecture with the beauty of the forest. Residents include CEO's of oil, technological, medical, educational, aerospace, legal, sports and more; including your basic CEO of the homefront. The diversity in family dynamics gives this community a special warmth, the residents span several generations. The community's homeowner's associaiton is active and communicative with a website, newsletter and open board meetings. There is an active design review committee that monitors pre-construction through post construction as well as changes to existing homes, including landscape design. The community's plan is to preserve the natural landscape, flora and fauna, with little disruption to the natural residents that range from owls to pussycats.
Castle Pines Village is a gated controlled access community with an Emergency Services Department housed near a major Fire Department. There are three community swimming pools, a fitness center, tennis courts, children's playgrounds, soccer/play fields, and hiking and biking trails that wind up and down the hills and valleys of the village.
Castle Pines Village is minutes from the Denver Tech Center, Park Meadows Mall with anchor stores such as Nordstrom's and IKEA. It is an easy commute to downtown Denver and is convenient to E470 to the Denver International Airport and C470 to the I70 corridor and Colorado's lush mountain resorts. Castle Pines Village has a small boutique shopping area, just outside the guard gates, that is home to a Tony's Market, a floral shop, restaurants and more, Pizza Delivery too!
For more information on Castle Pines Village or a chance to see the most spectacular lot, 89 Indigo Way, that is available on the prestigious Castle Pines Golf Club email me at judy@kentwoodcity.com.
posted: October 28, 2011
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Why Denver? |
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Why not Denver! That was the remark quoted from Pierre Berge - Yves Saint Laurent Foundation when asked why Denver was chosen as the only city to have the honor of exhibiting Yves Sain Laurent The Retrospective. And, boy howdy, Denver lost its cowtown image with this exhibit, a sweeping retrospective of the designer's forty years of creativity. The presentation represents the famed designer's career from his days as head of the House of Dior in 1958 through 2002.
The exhibit features a selection of two hundred haute couture garments along with drawings, paintings, films that were the inspiration behind his work. It begins with Dior and winds through his "gender revolution" to the "scandalous collection" to "friendships and dialogues with art" to the "iconic tuxedo" to the "last ball". One area displays over 750 pieces or sheets of fabric swatches with color pairings for his famed haute couture designs. For a man who claimed his favorite color was black, this room displays the nuance behind the genius. Forty tuxedos are displayed on staggered mannequins that reach the height of the vaulted room with walls lined in black satin, and the evening gowns are paraded down red carpet stairs with a black satin backdrop, with film images of a grand ballroom that is enhanced by the angle and depth of the Liebskind designed wing of the Denver Art Museum. Why Denver? Why not!
Denver, Colorado is one of the hottest cities to live in the continental United States. Along with the world famed Denver Art Museum, Denver is home to eight professional sports teams, and owns its own opera company, symphony, ballet company along with a performing arts complex that hosts major Broadway musicals and plays. Along with the cultural amenities, Denver has become a haven for foodies with an abundance of top chef restaurants that have opened. All this and the Rocky Mountains too! Denver's easy access to its backyard playground with hiking, biking, skiing, boating, angling, riding and more makes it one of the healthiest cities in the country. Why Denver? Well, why not cowboy!
For more information on Denver, homes and neighborhoods in Denver contact me at judy@kentwoodcity.com.
The Denver Post featured an article on the hot Denver housing market, second in the nation for quick sales.
Why not Denver!
posted: April 20, 2012
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Stackable Design |
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Massimo Vignelli introduced an iconic mid-century design, his concept was a "design to be semantically correct, syntactically consistent and pragmatically understandable". He created the stackable dinnerware that has been included in the permanent collection of the Museum of Modern Art in New York, aka MOMA. The genius in this design is in the way it stacks, maximizing space with tremendous appeal. It became an instant classic.
The architectural design of 984 South Vine has incorporated the stackable design concept by layering nearly 6000 finished square feet and 21 rooms with tremendous appeal. All three levels of the home are stacked to a supreme level of finish.
The walk-out level entertains with a media, exercise and recreational room plus a wet bar that leads out to a sunken patio with stairs to the main entrance. The walk-out level also hosts a guest bedroom, full bath and a laundry room. The main level's open floor plan accommodates a large living and dining room with a wet bar, a great room off the kitchen with eating nook plus access to the outdoor patio and yard. The main level's library study charms with a private patio. The third level's master suite has a private balcony deck, fireplace, ceiling fan, five piece bath with jetted tub, steam shower, double sinks and a vanity. Three additional bedrooms and two full baths complete the third level, plus an additional laundry room. All three levels are accessed by a dramatic floating hardwood staircase that is approximately 35 vertical feet from the floor of the walk-out to the third floor ceiling. Now this is taking stackable design to new heights!
Visit the virtual tour at www.denverrealestate.com!
For a private showing of this spectacular Wash Park home email
judy@kentwoodcity.com
posted: August 25, 2011
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