Michael Clarkson is one of Denver's highest profile brokers. He’s been featured in Realtor® Magazine three separate times, Denver Post, Denver Business Journal, KOA Radio, KHOW Radio, and the Colorado Radio Network. Michael is a licensed Managing Broker in Colorado and a GRI (Graduate Realtor® Institute). He is also a partner in the firm, Cash Path Real Estate LLC. Michael has an MBA in International Business from Regis University in Denver.

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Thursday, December 11, 2008

The Daily Dirt


"The Mile High Home Hunter"

Michael J Clarkson
December 2008
Real
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Should I Take My Home Off the Market During the Holidays?

  When you look at your calendar you may find the months already overloaded with seasonal obligations -- shopping, entertaining, children's pageants, charity work, decorating the house, and so much more. If you are also trying to sell your home, you are under extra pressure to keep your home in "showtime" condition. And that could be the last thing you need before the holiday spirit is broken.
      It is understandable why you would be tempted to take your home off the market during the holidays. And the list of justifications is long. If you are too busy, buyers may be also, and you may


Mortgage Rates
U.S. averages as of November 26, 2008:

30 yr. fixed:   5.97%
15 yr. fixed:   5.74%
1 yr. adj:        5.18%




View current rates





find your efforts unrewarded with not enough showings. And what if you do get an offer? You may be faced with the possibility of packing and moving during the busiest time of the year. Besides, you can give your house a rest, and it will



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Disclosure: Safest Way
To Sell A Home


     If you're putting your home on the market, better be sure you're ready to tell all -- good and bad.
      "The majority of lawsuits or claims that occur are as a result of buyers finding out about something that is wrong with their property after the close of escrow and coming to the belief that the seller knew but didn't tell them," says real estate attorney, Peter Solecki of Winton & Larson, LLP.
      Disclosure is vital. In one extreme case, it may have spared a seller from going to jail and even saved lives. The New York Times reported on a trial back in the late eighties that found the seller of a home guilty for not disclosing to the buyers that the home's heater had malfunctioned. The buyers and one of their children were asphyxiated by fumes from a gas-fired heater used to de-ice the driveway of their home. Only their four-year-old child survived. The seller was convicted of involuntary manslaughter. This case is believed to be the first of its




Real Estate Outlook: Sales Picking Up Tempo

     Here's a key question about the current market: Do you look at home prices to figure out where we are in the real estate recovery cycle, or do you focus on sales?       In an economy where an estimated 35 to 40 percent of all home transactions are foreclosures or short sales - distress situations in other words -- prices won't really guide you much beyond the conclusion that: We're still "correcting” the excesses of the boom years, still peeling back those wild and unsustainable hyperinflationary price run ups.
      So it's no surprise that median prices are down, year to year, in a majority of large markets across the country.
      Sales statistics, on the other hand, tell you how fast buyers are responding to those lower prices -- and greatly improved affordability.
      Right now, in market after market, sales are picking up tempo -- especially in places where prices once spiraled out of control.
      Third quarter sales of existing homes in the U.S. were up by 2.6 percent over second quarter 2008 levels, according to the National Association of Realtors' latest study.
      That's not spectacular -- but let's face it: It's forward movement … and we're in



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Green Counter Tops Tell An Eco-Friendly Story

     Upgrading kitchens is one of the best ways to increase value in your home. Deciding to remodel the kitchen using green recycled materials can add extra appeal. It also gives homeowners a good feeling knowing that once-wasted materials that are generated from glass manufacturers are now being put to good use.
      "A lot of people are deciding to go green and this is definitely a green-certified product because it is 85 percent recycled glass," says Cody Nosko, President of CCM Enterprises.
      She’s talking about Vetrazzo—a slab of material made from recycled glass and concrete and used mostly in residential homes for kitchen and bathroom countertops although it can go anywhere natural stone is commonly used. The



Daily News and Advice

Read about the events shaping the Real Estate market today, find current interest rates, or browse the extensive library of advice and how-to articles written by some of the top experts in Real Estate. Updated each weekday.



More Articles


November Round Up: Rates Falling

Holiday Wish List

Home Warranty May Come in Handy

Maintaining Curb Appeal Through Winter



Michael J Clarkson, Realtor®
E-mail: MJ@MileHighHomeHunter.com
Website: www.MileHighHomeHunter.com
Phone: 303.317.2478

Mile High Home Hunter Realty
Phone: 303.317.2478
769 Jacques Way
Erie, Colorado 80516


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Wednesday, December 10, 2008

Denver Market Analysis by Market Locale

Attached below is the market analysis by major locale for the Denver area. You will note that the unseasonlized numbers and seasonilzed numbers are divergent. Denver is strongly seasonal, with a 20% variance from Winter to Summer home sales. As a result, during the November/December timeframes, wild swings take place in months of inventory.

Seasonalizing the data (using trailing 12 months' average monthly sales) provides insights about the fundamental strengths of the market over the longer term.

Tuesday, December 02, 2008

The Daily Dirt - 30-Year Mortgage Rates Drop Below 6%

Mile High Home Hunter Realty
12/2008 Vol 1, Issue 2
30-Year Mortgage Rates Drop Below 6%
Dear E-mail,
 
I always appreciate your feedback about my eNewsletters.Michael Clarkson
 
If you have any feedback, please let me know (good, bad and ugly) at mj@milehighhomehunter.com  
 
By the way, I have set up some real estate resources for you on Amazon.com.  
 
Are you:

If you are looking for anything else, check out any of the affiliate links under the "Amazon.com: Real Estate" button on the top of my website: www.MileHighHomeHunter.com

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30-Year Mortgage Rates Drop Below 6%
 
Money In Your Home
30-Year Mortgage Rates Drop Below 6%
 
Source: USA Today, Anna Bahney (11/28/2008)
 
Mortgage Brokers' phones rang off the hook last week as 30-year mortgage rates dropped below 6 percent. Some brokers say their rates are as low as 5.25 percent.

The rates are down because the Federal Reserve announced that it would buy $500 billion in mortgage-backed securities held by Fannie Mae and Freddie Mac. That would help the two increase the pool of money for new mortgages.

"This is really craziness," says Brian Koss, a managing director of Mortgage Network.

Koss advises borrowers who find an attractive rate to lock it in for 60 days. "Drop everything you are doing, get the mortgage professional all of the paperwork they need, so you don't run out of time," he says.

Source: USA Today, Anna Bahney (11/28/2008) 
 
As always, whenever YOU are ready, I am here Bringing The World Home To You™     And, if you know of someone that is looking to buy or sell, I am NEVER too busy for any of your referrals.    
 
Kind regards and happy "Home Hunting",   
 
Michael J. Clarkson
 
Broker/Owner - Mile High Home Hunter Realty 
303.332.6393
MJ@MileHighHomeHunter.com     
 
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Monday, December 01, 2008

The Daily Dirt - Stressed? Try Feng Shui at Home

Mile High Home Hunter Realty
12/2008 Vol 1, Issue 1
Embracing Feng Shui at Home
Dear E-mail,
 
I always appreciate your feedback about my eNewsletters.Michael Clarkson
 
If you have any feedback, please let me know (good, bad and ugly) at mj@milehighhomehunter.com  
 
By the way, I have set up some real estate resources for you on Amazon.com.  
 
Are you:

If you are looking for anything else, check out any of the affiliate links under the "Amazon.com: Real Estate" button on the top of my website: www.MileHighHomeHunter.com

Market Place Links
 
Have something to sell?

A small business to promote?
Contact me to have your link added here:
 
Shop for real estate books
 
 
Quick Links
Join our Mailing List!

Don't Forget! Support the Race for The Cure!

Help me raise funds for the Race for the Cure!

 
 
Embracing Feng Shui at Home
 
Money In Your Home
Embracing Feng Shui at Home
 
Written by Tara Darby
November 25, 2008
 
In uncertain times such as these, many families find themselves frazzled by the stresses and pressures of everyday life. The one place where people should feel most at peace is in their home.
 
Home is where we retreat to after the days work to rest and recharge. But for many people, the home is less of a safe-haven and more of a mess, and that's where Feng Shui can help.
 
Feng Shui is an ancient Asian art that began in China with the Tang Dynasty and dates back at least 3000 years. The basic principles are intended to help people live more balanced and harmonious lives.
 
In fact, many famous folks like Donald Trump, Oprah Winfrey and Steven Spielberg actively practice Feng Shui in their homes and offices.
 
Feng Shui focuses on a balance between the Yin and Yang, which are masculine and feminine energy, and the five elements of fire, earth, metal, water and wood. It can get a bit complicated since there are about nine schools of Feng Shui all of which offer different interpretations of the art. Basically it's an intuitive art, so as you're remodeling or redecorating really listen to your instincts as to what feels natural and comfortable to you.
 
The front door of the home is considered the "Mouth of the Chi." Chi is positive energy; keep that in mind as you choose your paint color or plant choices. Because this is the first place you and others will walk through to enter the home it's very important to give off a welcoming and calm air.
 
The living room is another important area because that's where families spend so much of their time. In this room it's all about promoting an easy flow of positive energy. First, de-clutter the room; when things are neat and tidy it's easier to feel at ease in the space. As far as furniture goes, less is more in Feng Shui. Arrange what is needed in a comfortable layout, preferably in a circular pattern rather than having most of the furniture against a wall or corner.
 
Mirrors are great to incorporate in the living room as they tend to give the illusion of more space. But when you are hanging mirrors be aware of what that mirror will be reflecting. It should be something beautiful like a plant, or a piece of art hanging across the room. As far as lighting, brighten it up. Make sure that the light is even throughout and there are no dark corners.
 
The kitchen isn't just the room where everybody ends up at parties and gatherings; it's also considered the heart of the home because that's where food is prepared which helps sustain life. According to Feng Shui principles, the kitchen should be light and bright with full spectrum bulbs. White is a preferable color to use in paint and décor as it stands for purity. Just like every other place in the home, Feng Shui dictates the kitchen to always be kept clean and tidy, free from clutter. And all appliances should be in good working order.
 
In Feng Shui the bathroom represents cleanliness, comfort and convenience. Earth color tones are ideal to use in this space to compliment the element of water which is already present. Although in traditional Feng Shui the bathroom doesn't hold great significance, it's still important to create a clean, inviting space you can unwind in. Incorporating luxurious items like scented candles and fluffy towels can help to create a tranquil setting.
 
The bedroom is one of the most personal and private places in the home and therefore requires careful attention. To create a balanced and relaxed environment in your bedroom try painting it a pastel shade, put dimmers on the lights so that you can adjust the mood, and take out the TV. To achieve a restful nights sleep invest in a good mattress, use high-quality natural fiber sheets and balance the bed with nightstands on either side.
 
These simple suggestions just brush the surface of true Feng Shui design elements. But with just a few changes here and there you just might enhance your family's Chi.

 
 
Click Here To See My New Real Estate Video News Channel!
As always, whenever YOU are ready, I am here Bringing The World Home To You™     And, if you know of someone that is looking to buy or sell, I am NEVER too busy for any of your referrals.    
 
Kind regards and happy "Home Hunting",   
 
Michael J. Clarkson
 
Broker/Owner - Mile High Home Hunter Realty 
303.332.6393
MJ@MileHighHomeHunter.com     
 
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Mile High Home Hunter Realty | 769 Jacques Way | Erie | CO | 80516

You can find great local Erie, Colorado real estate information on Localism.com Michael Clarkson is a proud member of the ActiveRain Real Estate Network, a free online community to help real estate professionals grow their business.

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