It’s been a busy week for our team with several clients interested in Powderhorn Littleton Homes. With the ongoing surge in demand for Littleton Homes, we are searching the MLS every day for new listings and updating our clients on recent sold prices. Yesterday we created this statistical report for one of our homebuyers, and wanted to post… Read More
Our team has been receiving several emails and calls for Powderhorn Littleton Homes the past month. With the ongoing surge in demand for Littleton Homes, we are searching the MLS every day for new listings and updating our clients on recent sold prices. We recently prepared this report for one of our clients, and thought it was worth sharing here.
Some of the Key Points:
Active Powderhorn Homes on the market: 2.
Active Littleton Homes on the market: 335.
With so few Littleton Foreclosures on the market, homes are selling quickly. Littleton Homes are selling quickly, and foreclosures tend to sell even quicker. So we were excited to see that HUD just recently listed this Home in Dakota ridge north Littleton.
With 1032 square feet, 2 beds and 1 bathrooms, this Home is priced right at $205,000. This is a great price for a 2 bedroom Home in Dakota ridge north Littleton, so anticipate plenty of interested parties.
If you are interested in this Dakota ridge north Littleton foreclosure, don’t wait. Contact our team today at 303-726-1874 so we can show you the Home and help you place a bid with HUD.
If you’re a buyer looking for Littleton homes, then you have experienced the significant lack of inventory of all types of properties. One of the biggest differences in the market of today versus the market of just a couple years ago, is the huge drop in the number of available Littleton Foreclosures on the market.
The chart below plots the available inventory of foreclosures in Littleton by month for the past 5 years. As you can see, 3 years ago there were 160+ Littleton foreclosures available. This year, that number sits under 15!
The pool of buyers experiencing the brunt of this foreclosure shortage are investors who specialize in fix and flip homes in Littleton. With such a small number of potential fix and flips, these investors are forced to bid the prices up and the shortage of inventory has forced some to look at other areas.
We haven’t even finished 2013 and we’ve set a 6 year record for sales of Littleton homes. With the numbers in for only half of December, this year is already showing a big increase in home sales from 2012 and a nearly 40% increase from 2011! These numbers are coming in despite of the number of Littleton… Read More
We only post Littleton foreclosures on this blog when there is a great opportunity we think you should be aware of. Today, one of those rare homes came up.
HUD has just released a fantastic deal in the highly sought after Alkire Acres homes community in west Littleton. This is a 3 bedroom home with nearly 2,300 finished square feet (including the basement). The home has vaults, wood floors and needs a little work, but at this price and in this neighborhood, this is a home worth seeing.
Remember, for the first 10 days, only buyers planning on occupying the home as owner-occupants can bid on it (no investors). Check out this link if you would like a quick overview on how to buy a HUD home. It will walk you through the bidding process, inspections etc. HUD homes are much different than other foreclosures, but they can be worth it.
There is only one HUD home listed by Littleton currently on the market. Located in the popular Williamsburg Littleton neighborhood, this is a great opportunity for anyone considering a Littleton foreclosure.
The home boasts 1,600 finished square feet (plus an addition not listed in the square footage), three bedrooms, two baths and a good sized backyard. Priced at just $90,000, tith a little work and TLC this home could be a great opportunity!
Littleton homes in this area offer great access to nearby shopping, c-470, Chatfield State Park and several smaller parks within walking distance. Southwest Littleton is a fantastic are to call home and listings in this prcie range move quickly, so contact us today if you would like to take a look at this rare find.
The market for Littleton homes remains very strong. Over the past 6 months, we’ve seen most homes selling in under 2 weeks (see the median days on market below) and most sellers are receiving 99% of their list price at closing. Certainly good news for sellers, but buyers are having a difficult time finding available homes and they best homes are still creating bidding wars.
In addition, the availability of foreclosures in Littleton remains scarce. Currently there are only 6 foreclosures on the market in Littleton and none of those homes is priced under $200,000. This lack of foreclosures is hurting both investors and traditional buyers looking for a “good deal.”
If you are in the market for a Littleton home, make sure you are on our email alerts. You need to know about homes the day the hit the market. If you are considering selling, call us today. Our marketing expertise can help ensure you get top dollar for your Littleton home!
We were thrilled to see the announcement today that the Metro Mayors Caucus and the city and county of Denver have launched the Metro Mortgage Assistance Plus Program. This program has been put in place to help promote home ownership for low to moderate income home buyers.
This program is similar to previous programs offered by various government organizations in the past (CHFA, Country programs). However, unlike several of those past programs, the Metro Mortgage Assistance Plus Program’s 4% down payment grant does not have to be repaid by the buyer.
This program can be used to buy any of the available Denver Homes or Littleton homes on the market. Here is a quick look at the basic program details: