Market Conditions for Bailey, Colorado Reported by * Homes and Lifestyles of Colorado, Broker/Owner, CRS Updated May 21, 2012.

Current Market Rating: 3 1 2 3 4 5 Buyer's Seller's

Current Price Trend: 3 1 2 3 4 5 Falling Rising

* The Market is Changing! It is Becoming More of a Seller's Market. There Should be More Articles Stating This. Buyers are Waiting for New Listings to Go on the Market. Then Multiple Offers Quickly Appear ( on Properties That are Priced Right). Sellers Wanting to Sell- Need to Stage and Make Their Home Shine Like a Star to Attract Buyers & a Quick Offer. We Would be Happy to Help You. *Take Advantage of Our Ultimate Automated Home Finder System. Searching for Your Home on Your Own. *Create Your Own Automated Daily/Weekly Lists at FindingTheHome.com. Start Now- and Find Your Home. We Look Forward to Helping You. Happy Home Hunting! Have a Blessed & Abundant Day.

Great Time to Buy and Invest w/ Low Interest Rates. The FHA Loan Program Only Requires a 3% down-payment. (Note: Down-Payment Assistance Progams available to Cover Your Down-Payment).

Homes and Lifestyles of Colorado
Finding Your Place Called Home
_________________________________
9 Divisions to Serve You:
Luxury Home Living - City Living - Mountain Living - Condo & Town Home Living - Country & Farm Living - Relocation / First Time Home Buyers - Bank Owned, Foreclosures & Short Sales - Income & Investments - Acreage / Land.
- Serving the Denver Metropolitan Region & Mountain Division
- 40 Years Company Combined Experience in Real Estate Brokerage Sales & Technology.
Buyer & Seller Direct Hotline: (303) 816-9199 x 6
Cell: (720) 226-8199 -
Sales@DenverHomeLiving.com
DenverHomeLiving.com

* Best Home Info: Free Lists of Luxury / Upscale Bank Owned Homes & Distressed Sales, Top 10 Best Buys in Any Neighborhood, Save Thousands, Over-the-Net Home Evaluation, Find Out What Area Homes Are Selling For, Buying Zero Down (w/ DPA), Become Pre-approved Today, Fixers & Bargains, Sunday Tour of 6 Homes & Much More! FindingTheHome.com

* Top Real Estate News w/ Market Watch - Includes Daily News & Advice. Real Estate News for Those on the Move~

* Free Registration for Your Home Finder Profile: The Ultimate Mapping & Automated ~ Home Success Search System: Happy Home Hunting!
Memberships: National Association of Realtors, Colorado Association of Realtors, Denver Board of Realtors, Pikes Peak Association of Realtors, e-Pro, Accred. Luxury Home Specialist - Licensed in the State of Colorado. *** Thank You for Your Referrals of Friends & Family.

Per Realty Times: Choosing the Best Home : After weeks of searching for your next home, you now have it narrowed down to two great options. One offers a shorter commute, but the other offers more square footage for your growing family. How can you make the best choice?

There are several strategies you can employ in your decision making process. Above all, be confident in your decision making abilities. "The fear of making serious decisions is a new kind of fear, called decidophobia," proclaimed by Walter Kaufmann at Princeton University in 1973. Worry and procrastination do nothing to aid the process, so buyers, be confident that you will make a sound choice.

Pro/Con list: In this case, you are deciding between two houses as your prospective home. For each house, divide a sheet of paper into two columns: pro and con. Be realistic about what the positive and negative factors would be for each purchase. Considerations could include: price, location, schools, repairs, square footage, floorplans, street noise, neighborhood value, comparables, and gut intuition.

Brainstorm scenarios: Chances are, whatever house you decided upon will be your residence for many years to come. Try and think ahead to situations that may arise in the future, and how each residence would affect those situations. Do you have aging parents that could move in? If so, then which house provides the best floorplan for this? Planning on having children? Check out ratings on local schools.

Do the math: Business executives might call this the "cost/benefit analysis." Buying a home is a huge financial decision, and while personal preferences (e.g. location, schools, square footage) all come into play in homebuying, many purchases are based on what makes the best financial sense. Discuss numbers and neighborhood comparables with your real estate agent. One home may be a smaller dollar amount, but the other may be a better deal in the long run. Some neighborhoods are up and coming, while others have come and gone. Are either homes overpriced or underpriced for their neighborhoods? Do either homes need repairs or updates?

Priorities list: Yes, you know you want the pool, landscaping, granite counters, close proximity to work, extra bath, and the list goes on. But when push comes to shove, and it might, what items are your priority, really? For some, driving a longer commute is worth having a larger house or a cheaper price. For other buyers, the exact opposite can be true.

Change perspectives: Sometimes you simply must step out of your own shoes to see a situation clearly. There are many different ways to approach this decision. You can look at it from an emotional point of view (which home do you love), an intuitive view (what does your gut tell you), and even a devil's advocate view (what if). Experts consider this the "Six Thinking Hats," introduced by Edward de Bono in a book of the same title, where you put on six different hats during a decision making process. Try and see the buying process from the perspective of your spouse, your children, friends, and even your worst enemy.

Finally, be realistic in your own abilities. While the final decision rests on your capable shoulders, you should rely on the professionals that are by your side. This includes your agent, lender, attorney, and even your family. And while you are the final say, remember that you have a team to help give you information to fuel that sound decision. / Carla Hill, June 2010.
________________

Per Realty Times: "Even though the home buyer tax credit expired on April 30 and won't be renewed, there may never be a better time to buy a home than today, according to the National Association of Home Builders (NAHB). Many outstanding opportunities still exist for home buyers, but they may not be around forever.

"The home buyer tax credit was just one of many factors motivating Americans to buy homes," said NAHB Chairman Bob Jones, a builder and developer in Bloomfield Hills, Mich. "But buyers can still take advantage of today's low interest rates and competitive prices to get a home they may not have been able to purchase just a few years ago."

Besides mortgage interest rates that have been hovering at near-record lows, homes in many markets have become more affordable. Prices have moderated from the highs of the housing boom that occurred in most of the country, especially in major markets where they had increased significantly.

Today's new homes are also built to be much more energy efficient than homes constructed a generation ago, making them more affordable to operate. New homes are designed to support modern lifestyles with open floorplans, flexible spaces, improved safety features, and low-maintenance materials.

Consumers who are thinking about buying a home should not count on interest rates or prices staying at current levels, however. Mortgage rates are sensitive to market conditions, and even a slight increase can push monthly payments beyond a family's budget. As the country recovers from the recession and people stabilize their financial situations, NAHB economists expect that home prices will begin to increase by 2011.

NAHB's home buyer brochure "Opportunity Knocks for Home Buyers" describes many of the opportunities in today's market, as well as the long-term financial benefits of homeownership. It provides examples of how interest rates affect monthly mortgage payments and the typical federal tax savings over the first five years of homeownership. The brochure can be downloaded from NAHB's web site at: www.nahb.org/homebuyerbrochure.

The home buyer tax credit is still available for eligible home buyers who had a signed sales contract by the April 30 deadline and who close by June 30, 2010, as well as for qualified members of the military, foreign service and intelligence communities, who have until April 30, 2011, to sign a contract." -Written by Realty Times Staff.

Great Time to Buy and Invest w/ Low Interest Rates. The FHA Loan Program Only Requires a 3% down-payment. (Note: Down-Payment Assistance Progams available to Cover Your Down-Payment). Register Today for a Free Home List w/ your Chosen Criteria. Find Out What Homes are Available that Match Your Wants and Needs. Time to Sell? Find Out What Homes are Selling For in Your Neighborhood. * Found at: FindingTheHome.com. Multi Million Dollar Project was completed a few years ago: stores have been built in Conifer (near Bailey)-- with new grocery stores-- restaurants, and a various market place full of stores.

Wishing You a Peaceful & Prosperous Day,

Kathryn Carlson
Real Estate Broker / Owner, Realtor
Homes and Lifestyles of Colorado
Finding Your Place Called Home
9 Divisions to Serve You:
Luxury Home Living - City Living - Mountain Living - Condo & Town Home Living - Country & Farm Living - Relocation / First Time Home Buyers - Bank Owned, Foreclosures & Short Sales - Income & Investments - Acreage / Land.

- Serving the Denver Metropolitan Region & Mountain Division
- 40 Years Company Combined Experience in Real Estate Brokerage Sales & Technology.
Buyer & Seller Direct Hotline: (303) 816-9199 x 6
Cell: (720) 226-8199 - Fax: (303) 845-9938
Sales@DenverHomeLiving.com
DenverHomeLiving.com

* Best Home Info: Free Lists of Luxury / Upscale Bank Owned Homes & Distressed Sales, Top 10 Best Buys in Any Neighborhood, Save Thousands, Over-the-Net Home Evaluation, Find Out What Area Homes Are Selling For, Buying Zero Down (w/ DPA), Become Pre-approved Today, Fixers & Bargains, Sunday Tour of 6 Homes & Much More! FindingTheHome.com

* Top Real Estate News w/ Market Watch - Includes Daily News & Advice. Real Estate News for Those on the Move~: Realty Times Company Newsletter

* Free Registration for Your Home Finder Profile: The Ultimate Mapping & Automated ~ Home Success Search System: *Click on this Link: My Dream Home Finder. Happy Home Hunting!
Memberships: National Association of Realtors, Colorado Association of Realtors, Denver Board of Realtors, Pikes Peak Association of Realtors, e-Pro, Accred. Luxury Home Specialist (ALHS) - Licensed in the State of Colorado. *** Thank You for Your Referrals of Friends & Family.



ZIP Code: 80421

Approximate Location Boundaries: 285 South Past Conifer and Pine.

Location Characteristics: Per Colorado Site of Tourism: Situated along a scenic curve in the South Platte River, rustic Bailey serves up healthy meals and beautiful alpine scenery. Its mountain backdrop lends a particular charm to this sleepy mountain town.

Five acres at self-guided McGraw Park feature several historic structures, including an 1864 log cabin and a one-room schoolhouse from 1894. The park leads to a trail offering another 10 acres for exploration. Bailey sits just inside the Lost Creek Wilderness Area in the Pike National Forest, where week-long backpacking trips and day hikes are popular. The logging roads and pack trails crisscrossing the area's hilly terrain are a mountain biker's dream and first-rate fly-fishing opportunities abound.

If your stomach's begging for a pit stop, the local eateries should satisfy the craving. Whether you stop in Bailey for a quick lunch or a week-long excursion, be on the lookout — a herd of bighorn sheep live in the mountains just outside town.

Community Resources:
Park County Tourism Office
501 Main Street
P.O. Box 1373
Fairplay, CO 80440
719-836-4279

Bailey is nestled in the Mountains. Located SW of Denver. Very private, Wild Life, Beautiful Trees, and Great Views. Not far from Denver-- many people choose to drive a little farther, in order to get more square footage for the money, and enjoy nature---while living their dream: living in the mountains. Mountain Air. Mountain Living.

For More Information:

• Visit My Web Site
  
• View My Newsletter
  
• Ask Me A Question