March 2010 news and TIPS for Colorado homes

March News
According to Case-Schiller Index Denver area home prices have got better for the first time in 3 years.Colorado Foreclosure homes sold in 2009 was down 4% which indicates that number of distressed properties have steadily gone down.Colorado Springs was named #1 Best City in the US based on city’s cultural vibrancy ,economic well being and overall quality of life.Snow and ski equipment sales is projected to rise and bring $330 million to local economy over 11 year run in Denver according to the ski industry expo results.The spread between what people would spend to rent and what they pay in mortgage is much lower in Denver area than many cities over 15 year period per Forbes magazine. Remember the best time to buy or sell a home is when it is best for you!! There is always a perfect fit of buyer for your home and seller for your purchase needs.
For more information or authentic links to any of the above information, please email Meena@Meenakikkeri.com




March Home Care Tips

Check Inventory on Garden Supplies to see if you have all tools needes for gardening. Check garden hoses for leakage.
Check condition of electric cords to see if they are brittle,frayed or damaged. If the plugged in cords are too warm ,it is a sign of overload
Water trees and Shurbs at least couple of times a month to make sure the dryness of colorado do not harm plants coming back up.
Schedule pest control if requires
Inspect your exterior paint. If you are a part of HOA they may send you a letter if repainting is due
Clean your humidifier if you have one built in.Take care to follow tips in the manual.
Check grout and caulk condition in sinks.tubs etc to prevent water seepage

February 2010.. Trends and Tips..Colorado Real Estate

Metro Denver had the 3rd largest gain in home values among cities nationwide in 2009 per RE market reports.Colorado stock performance improved starkly over 09 powered by Federal stimulus funding and improved the market confidence per analysts .Add the interest rates falling to 5.09%, Colorado comes out looking better that most other parts of US.General Dynamics, Kidrobot,AFW grand junction brings more jobs to CO.The homebuyer credit of $8000 to first time buyers and $6000 to second time primary residence seekers is still on.However there is details in fine print.Contact me for all specifics .
HomeCare TIPS for February in COLORADO
Old man winter will still persist , making more snow in March and even April. Homeowners need to be still aware :
1.If you own pets, vaccum more often to remove extra dander since they stay indoors more than in warm months. Also be aware of odors .
2.Clean the back of the refregerator to ensure all coils are clean
3.Observe the heating in different rooms and if there is any variation , the ducts may need cleaning.
4.Protect exterior water valves to avoid damage to sprinkler systems. Wrap hosebibs/
5.Watch for any erosions in soil due to excessive snow packs.
Looking for signs of damage and early prevention are the keys to avoiding expensive repairs.

Colorado Real Estate trend and Home care tips Jan 2010

Across all aspects, Homes are more affordable today than they were 3 years ago.Mortgage interest rates have remained somwhat stable between 4.875% to 5.875%.

December 09 MLS statistics show

Decrease in number of closed sales compared to Dec 08 and Decrease in number of units for sale (listings)which is normal for the time of the year. On a positive side, there has been an increase in average sold price of homes making it a good time to consider selling. A free evaluation of your home can be obtained by contacting the article contributor.

Tips for Jan home maintainance

1. Insulate pipes in your homes attic and basements and crawl spaces.

2. Familiarize responsible family members of main valves for gas and other appliances

3.Clean clothes dryer exhaust duct ,damper and space under dryer

4.Clean kitchen hood and air filter

5.Check water hoses on washer,refregerator icemaker and dishwasher for cracks and bubbles

6.Test all GFCI outlets (plugs with GFC's)

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