To Build or to Buy Your New Home… That is the Question

Monday, June 19th, 2017

It’s time to have your own home… in a market like Denver’s, there are plenty of wide open spaces to build and classic homes to make your own. But how to decide… Here are some of the pros and cons of both buying and building your future home.

build or buy a home

Building a Home-

The Pros:

  1. Customization – When building a home, you are beginning with a blank canvas that can be filled however you choose. From the windows to the moldings to the doorknobs, you can customize every tiny aspect of your new home.
  2. Location – New homes are often built in up-and-coming locations with high demand for new real estate, but building also means that you have more of a say in where you live. From the countryside to the foothills to the suburbs, buying a plot of land and building gives you the opportunity to choose the perfect location for your family.

Local Luxury: Trust a Professional Organizer to Optimize Your Home

Monday, April 17th, 2017

Do you fit into one of these categories: Homeowner, parent, corporate professional, or person? If so, chances are you probably need some help organizing. Hiring a professional organizer both gets you organized and helps you stay that way. Most organizers work as compassionate “coaches” who train clients on staying organized. Here are some great local organizers you can call on when the clutter becomes too much to handle.

professional organizers in colorado

  1. Michelle Santaferraro – Organomics

As the founder and Chief Organizing Officer, Santaferraro believes nothing is more personal than your space and nothing is more valuable than your time. Organomics excels at professional organizing and making it a personal learning experience.  Clients learn how their personality, preferences, and work style provide a backdrop for order in their life. Michele’s 17 years of experience and unique approach to organizing have received national acclaim among Fortune 500 companies and customer testimonials.

  1. Meghan Siddall – Streamlined Living Colorado

Love Where You Live: Monthly Luxury Services for Your Home

Monday, March 6th, 2017

Buying a high-end mountain home in Colorado oftentimes comes with a few tasks that can be too challenging for the homeowner. Whether it’s because of your property’s size, home’s square footage, or you simply don’t have the time, here are a few local companies who will help you keep your home looking as luxurious as it was when you bought it.

monthly home services

  1. Door-to-Door Organics

Door-to-Door picks the freshest produce—locally sourced when possible—packs them in a custom box, and delivers it to your door. Create your own meal plans, find delicious recipes, or create your own box build to satisfy everyone’s taste buds.

  1. Great Service Landscape Company

Great Service offers everything from commercial to residential services, design, irrigation, and much more. Based in Lakewood, they regularly serve the Golden, Evergreen and Genesee areas. Be sure to check out their gallery to see how they fit design and lifestyle together to create memorable properties.

5 Tricks to Improve Your Home’s Appraisal in Winter

Monday, November 14th, 2016

Lowering the price of your home is not always the right solution to make the sale.  Here are some tricks to sustain or improve your appraisal for the cold season.5-Tricks-to-Improve-Your-Home's-Appraisal-in-Winter-via-Alaris-Properties

  1. Don’t let your house be an energy-hog

Remodeling is a stressful task in itself, but if it’s going to make your house more energy efficient, then consider it an investment in your future. More and more buyers are looking for energy efficient homes. Increased demand creates sustainable price points, especially in the housing market.

  1. Smart technology

Certain technologies like programmable thermostats, smart security systems, and high-tech door locks can add to a home’s value because of their appeal to millennials. This could make it all worth it, by potentially increase your sale price by 3 to 5 percent.

  1. Simplicity and stress-free buying

Buying Investment Property

Wednesday, October 5th, 2016

growWith historically high rents being collected and expected to rise, we have several clients who have asked us to help them with purchasing investment properties. One client is interested in purchasing duplexes and triplexes, another only wants single-family homes, and yet another only wants town homes and condos. Some investors are open to any type of property that will make money, including doing “fix and flips.” Because of the increased demand for purchasing investment properties, I want to highlight some key points about the process of buying rental properties.

Start by answering the question: What is the purpose of the investment property? It could be for immediate cash flow, future appreciation, a place to park capital, balancing your portfolio, or a combination of all. When we start with the “why” question, it is easier to design a search, stay within budget, and achieve clearly defined objectives. We ask our clients to answer many questions to help them define their “why”, and we make it easy to answer this question. Nonetheless, it is mission critical to clearly answer it. One of the ways we help with this question is by using what we call a GROW Analysis. The pneumonic is explained below.

Making an offer to buy a home: Art or Science?

Friday, August 12th, 2016

Have you ever wondered if making an offer to buy a home is an art or a science? The bottom line is that it is both. Nonetheless, for many, handling an offer can be a mysterious and frustrating process. There is an age-old saying that the seller thinks their home is worth the price of a castle, while the buyer wants to offer the value of a cabin. We work with both buyers and sellers in a number of different types of transactions.  Obviously, the advice we give for making an offer will differ depending on what your goals are, the market conditions, and the type of sale (a bank-owned property, a short sale, non-distressed sale, etc.). There are a number of fundamental principles that we can pass along. These fundamental principles are tied to affordability, market conditions, insight, and expertise. Always remember, “Knowledge is key.” Or, said another way, information is power.

making an offer

Affordability:

Home Builder Confidence

Friday, October 30th, 2015

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The Housing Market Index, which is based on a survey by the National Association of Home Builders, recently rose 1 point to 61, its highest level since November 2005. This Index is used by builders to determine when they should be building new homes. Given the unbelievable shortage of housing inventory, this is a good sign. We need more inventory. The current number of homes on the market is off by over 50%.

Builders were asked about current sales of new single-family houses, sales expectations for the next six months, and traffic of prospective buyers.

The answers:

  • Current sales are up.
  • Buyer traffic is up.
  • Sales expectations are unchanged.

Home builders’ biggest challenges are workers and finding land to build on. Also, the Colorado Construction Defects law is onerous for builders. This keeps many builders out of Colorado. Nonetheless, it has been nearly 10 years since home builders have been this confident about the housing market. We expect to see more homes being built in the months to come.

Leading the Nation in Positive Equity

Friday, October 9th, 2015

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Denver’s housing market is leading the nation in a variety of categories.

Homes here sell faster than homes in any other market, the market leads the country in rising home prices, and the housing inventory here is as low as any other place in the country. In fact, according to a recent report by Zillow, Denver has 16.6 percent less homes for sale today than in 2014. Historic inventory is off by approximately 50%.

Now, however, Denver leads in another residential real estate category: the percentage of homes in foreclosure that have positive equity.

In a new report by RealtyTrac, the share of distressed properties in Denver with positive equity is 83.7 percent, which is a higher percentage than anywhere else in the country.

Nationally, the figure is 42.4 percent, and Colorado takes the lead at 72 percent.

Click here to see the full report.

Buying Investment Property

Thursday, October 23rd, 2014

Alaris Properties, LLC

With historically high rents being collected and expected to rise, we have several clients who have asked us to help them with purchasing investment properties. One client is interested in purchasing duplexes and triplexes, another only wants single-family homes, and yet another only wants town homes and condos. Some investors are open to any type of property that will make money, including doing “fix and flips.” Because of the increased demand for purchasing investment properties, I want to highlight some key points about the process of buying rental properties.

Start by answering the question: Why you want to buy an investment property? It could be for immediate cash flow, future appreciation or a combination of both. When we start with the “why” question, it is easier to design a search, stay within budget, and achieve clearly defined objectives. We ask our clients to answer many questions to help them define their “why.”

Hottest U.S. Neighborhoods of 2014

Friday, January 17th, 2014

For 2014, top rated neighborhoods offer affordable prices and short commutes either by car or transit, and a Denver district recently ranked among the nation’s 10 “hottest neighborhoods of 2014” by online real estate service Redfin Corp.

Denver’s City Park neighborhood lands at No. 9 on the list of residential real estate markets nationwide with the greatest growth in popularity over the last four months. On top of allowing a quick 10-minute commute to downtown Denver, this historic area is named for the expansive, 320-acre park that provides the “postcard view” of Denver’s skyline against a mountain backdrop. Some families have lived here for generations, and the area’s varied architecture reflects its rich history.

Seattle-based Redfin says it based the ranking on activities by its website users, “tallying hundreds of millions of pages they visited and homes they added as favorites to monitor for price changes or sales. At the same time we asked hundreds of Redfin real estate agents across the country to share their insights on which neighborhoods are buzzing and why.”