Built As: | Ranch 1 Story | Year Built: | 1958 |
Building Type: | Residential | Construction Type: | Frame Siding |
Built As SQ Ft: | 700 | Number of Rooms: | 8 |
Number of Baths: | 1.00 | Number of Bedrooms: | 4 |
Attached Garage SQ Ft: | 0 | Detached Garage Square Ft: | yes |
Basement SQ Ft: | 700 | Finished Basement SQ Ft: | 560 |
Denver Fix and Flip house| Jewell Ave Denver | Denver investor house
Wholesale Denver Property Real Estate Trends | 2009
I have been doing some research on property trends in Denver. I thought you might like to see this info. Best of luck investing in 2010.
Real Estate Trends Comparing November 2008 to November 2009
Price Range $1,000 |
Days on Market |
Sold Last Yr |
Months Inventory |
Inventory Trend |
Price Change |
<85 |
18 |
2807 |
0.8 |
No change |
14% |
85-135 |
67 |
4551 |
1.8 |
down |
11% |
135-210 |
198 |
8186 |
2.9 |
down |
6% |
210-315 |
361 |
8548 |
5.1 |
up |
-2% |
315-460 |
303 |
4847 |
7.5 |
up |
-5% |
>460 |
887 |
2820 |
20 |
very up |
-14% |
For Properties under $150k, Reo’s are going to be harder to come by. The market for $150k to $250k is probably going to build this year. However, there are no guarantees. We do not know what the government or banks have plans to do in 2010.
REO sales are down 50% as a percent of total sales from last year. Short sales are on the rise. Quantity of homes on the market by regular sellers continues to trend down as it has for the last for five years.
A majority of REO’s have selling on average 10.5% over list price if sold within 5 days. And still average 5% over list if sold after 5 days on market. Just a sign that there are more people chasing fewer deals.
Central Denver itself is a great market.
Wholesale Price in Aurora | 7th Ave in Aurora
– 7th Ave Aurora Wholesale Deal
This will go quick so act fast! Hot Area for fix ups.
For Sale – Waiting on the Bank
Great flip or hold deal!
4 Bedrooms
1 Full Bath
1,130 Sq/Ft plus an enclosed porch
I have a 4 bed 1 bath 1130 sqft home that is available. This is a 2 story home. It will make a great rental or a fix andflip. It is in great condition needing just paint and carpeting for a rental. This house was fixed up for a retail sale less than three years ago. The furnace and electrical service have already been replaced. The kitchen cabinetsand counters were also replaced at that time. So it would be a quickIt is in Aurora in the Burns subdivision near Fitzsimmons.
Right down the street another investor is currently working on a fix and flip. You could be next.
If you are a cash buyer and you are ready to purchase email or call.
I always have deals all over the metro area that I am working on. If you would
like to get first notice then sign up for my email list on www.wholesaledenverdeals.com.
I send a list out any time I get a new property for sale.
6th at Havana, 80010
Aurora Wholesale deal | 11070 E. 7th Ave 4 bed 1 bath
Great little flip or hold deal!
4 Bedrooms
1 Full Bath
1,130 Sq/Ft plus an enclosed porch
Est Fix up $15,000
Earnest money $2000
I have a 4 bed 1 bath 1130 sqtf home that is finally available still waiting on the bank.
This is a 2 story home. It will make a great rental or a fix and
flip. It is in great condition needing just paint and carpeting
for a rental. This house appears to have been fixed up for a
retail sale less than three years ago. The furnace and electrical
service have already been replaced. The kitchen cabinets
and counters were also replaced at that time. It is in Aurora
in the Burns subdivision near Fitzsimmons.
Right down the street another investor is currently working on a
fix and flip. You could be next.
If you are a cash buyer and you are ready to purchase
email or call.
I always have deals all over the metro area that I am working on. If you would
like to get first notice then sign up for my email list on www.wholesaledenverdeals.com.
I send a list out any time I get a new property for sale.
www.wholesaledenverdeals.com
Tom Spaeth
Tom@easalproperties.com
6th at havana, 80010
Denver Wholesale Investor Home | Aurora 4 bed 1 bath
I have a 4 bed 1 bath home that will be available soon.
It will make a great rental or a fix and flip. It is in great condition
needing paint and carpeting. It is in Aurora in the Burns
subdivision near Fitzsimmons. There has been quite a few other fix ups
in the area. You could be next.
If you are a cash buyer and your are ready to purchase
email or call.
I always have deals all over the metro area that I am working on. If you would like to get first notice then sign up for my email list. I send a list out any time I get a new property for sale.
Tom Spaeth
6th at havana, 80010
Denver Cash Flow Deal | Sunnyside neighborhood
2997 W. 46th Ave Denver Co
3 Bed, 2 Bath
1,050 Sq. Ft.
This is an awesome 3 bed 2 bath townhome. It can be flipped or rent and hold. The bank got tired of holding this cash cow property. Just got new carpet, linoleum and paint. For less then $5,000 it can be ready to rent and less than $10,000 it ready to retail.
Purchase Price: SOLD
Est. Rent: $1000
Call or e-mail for details.
Tom
303-325-5778
tom@wholesaleDenverDeal.com