2011-03-08 16:38:03
Looking Good, Posted August 17, 2009
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IN THIS ISSUE
It's not Pie in the Sky, it's real numbers.
Help Spread the Word About the $8,000 Tax Credit.
Home Value Assessments Leave Many Property Owners Feeling Cheated
Contact Info
(303)435-9169
johne@houseclick.com
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Strong Sales Cause for Optimism
Good Signs Continue to Spring Up
 While anecdotal inputs do not a trend make; recent events show strong signs of home price recovery in the Denver Metro Area.
Complaints of soft home prices from many quarters abound but for agents at Houseclick Real Estate things have rarely been better. Our 'Average Days on Market' prior to sale are better than for years 2007 and 2008. 'Average Offering Price' as a percentage of the 'Asking Price' is currently over 95%. Certainly the professionalism of Houseclick Agents and our strong marketing plan play a role in this. But even our expertise can't create buyers out of thin air. Call it pent-up Demand, call it Bargain Hunting, call it what you will. Any way you slice it current sales are far better than the National Average and providing some pleasant surprises for sellers of local homes. Recent job layoffs by several large Colorado employers and the Monetization of some $2 Trillion currently underway by the Treasury Department may put a damper on sales in the next 12 to 24 months, but as of right now it's full speed ahead for Metro home-sellers.
Other agents may be struggling but my listings are selling faster than I can replace them. If you are thinking about selling your house please call me today.
Tax Credit may be Tea Party for First Time Buyers
 It seems to be somewhat of a secret but the 'American Recovery and Reinvestment Act' which was signed into law by the President on February 17 of this year provides for a $8,000 tax credit that would be available to
first-time home buyers for the purchase of a principal residence on or
after January 1, 2009 and before December 1, 2009. The credit does not
require repayment. Most of the mechanics of the credit will be the
same as under the 2008 rules: the credit will be claimed on a tax
return to reduce the purchaser's income tax liability. If any credit
amount remains unused, then the unused amount will be refunded as a
check to the purchaser. For most buyers not only will this credit completely eliminate any Federal tax liability for year 2009, but may actually add to your household bottom line. Houseclick can recommend several lenders who know all the ins and outs of getting your hands on the credit. Contact me at (303) 435-9169 for details.
Houseclick Announces Free Help with Troublesome Property Tax Assessments
How often does Government take a bad situation and make it worse? Many Metro County Assessors Offices will be mailing out revised Property Valuations in the coming weeks. These assessments are problematic for most homeowners due to the Colorado statute that requires the use of a valuation period going back 2 years from the time of the valuation. This statute disallows the County Assessors from taking recent home value reductions into account when calculating property taxes for years 2009 and 2010. There is a dispute process in place that allows homeowners to contest the specific comparable sales used by the Assessor in determining the revised valuation. Houseclick Real Estate is offering free assistance to any homeowner requesting comparable sales reports for use in the limited dispute period. If you feel that you need help call us immediately. Once the dispute period is closed your property taxes are locked in for the next 2 years.
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Blog Archive
2011-03-08 16:38:03
Looking Good, Posted August 17, 2009
2011-03-08 16:36:04
Home Sellers See Good Signs, Posted July 19, 2009
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