Sunday, June 29, 2008

Good News! Metro Denver Home Prices Rise in April!

According to a report on June 24th from the S&P/Case Shiller Home Price Indices, home prices in Metro Denver rose in April from March. April’s 0.8% monthly gain was the first month-over month gain in Denver since August.

Could we be on the turnaround? Denver was one of the 1st housing markets impacted by the decline of the real estate market due to the collapse of the subprime lending industry. So we can only hope that we will be one of the 1st to pull out. The Denver real estate market has all of the ingredients to turn around in 2008. Families, singles and companies continue to relocate to Colorado. Why wouldn’t you want to move to Colorado with at least 300 days of sunshine per year and don’t forget all of the fun and exciting activities there are to do here.

Here in Grand County it continues to be a Buyer’s market so this is the perfect opportunity to find your mountain getaway or dream home. Winter Park is still one of the only affordable mountain towns in Colorado and with gas prices on the rise we are the closest ski resort to the Denver area. There is also a lot of excitement with the development of the new base village at Winter Park. Grand County is growing up and we are excited about all the new changes!

Sunday, June 22, 2008

Take Precautions for Lead Base Paint

Take Precautions for Lead Base Paint.

Winter Park and Fraser Colorado started building condos for ski rentals back in the early 1960’s and 1970’s. Many of these units are still very popular rentals, homes or second homes for owners or guests. When ever a unit built before 1978 is sold there are Lead Base Paint Disclosure forms that are required by Federal Law for Realtors to provide to the new buyers. In most situations these units have been remodeled over the years and have been painted a few times. So the likely hood of direct exposure is minimal, but it is a potential hazard that buyers need to be aware of.

Many homes built before 1978 contain lead-based paint. Lead is both a highly toxic metal and, in the past, component of many products found in and around our homes, including paint, water pipes and gasoline. In fact, old lead based paint is the most significant source of lead exposure in the US today. According to the EPA, most homes built before 1960 contain heavily-leaded paint. Over 80% of all homes built in the US before 1978 contain at least some lead-based paint on the interior or exterior.

Lead-based paint is not usually a hazard if it remains in good condition. But if the paint has deteriorated over the years, or you’re attempting to remove this paint without proper precautions, you can unwittingly expose yourself to serious health hazards. Just what type of health hazards are we talking about? The consequences of lead exposure range from serious to life-threatening for people and pets. Lead affects practically all systems within the body, and at high levels it can cause convulsions, coma, and even death. Lower levels of lead can adversely affect the brain, central nervous system, blood cells, and kidneys. The effects of lead exposure on the unborn and young children is especially severe, and can include delays in physical and mental development, lower IQ levels, shortened attention spans, and behavioral problems.

Airborne lead enters our bodies when we breathe or swallow lead particles. Thus, harmful exposure to lead can be created when lead-based paint is improperly removed from surfaces by dry scraping, sanding, or open-flame burning. These actions create lead dust. Removing lead improperly can increase the hazard by spreading even more lead dust around the house. Lead paint in good condition is usually not a problem except in places where painted surfaces rub against each other and create dust.

Beginning in April 2010, Federal Law will require that contractors performing renovation, repair and painting projects that disturb lead-based paint in homes, child care facilities, and schools built before 1978 must be certified and follow specific work practices to prevent lead contamination.

Anyone living in a home or condo that is built before 1978 should contact the Environmental Protection Agency (EPA) at 1-800-424-5323 or visit their website (epa.gov) for more detailed information about lead in and around your home.

(The above information was provided by Tiger Home Inspections.)

Wednesday, June 18, 2008

Winter Park Resort real estate

In this day of high gasoline prices, we're all looking for ways to economize on our vacation get-aways.
Winter Park Resort is the closest major resort to the Denver metro area. There are no tunnels to travel through and experience bumper to bumper traffic. A mere 90 miles from downtown Denver this major Colorado ski resort is a short drive and a world away from the hectic everyday life!
Skiing, mountain biking, hiking, alpine slide, several first class golf courses and much more promise to keep you entertained for your weekend or week long get-away.
Real estate continues to bubble along as folks realize that this is a very well kept secret...Winter Park and the Grand County experience are close by and less than a tank of gas away.

Saturday, June 7, 2008

Winter Park and Fraser Decide not to Pursue Merger

Winter Park and Fraser will not merge into one town…..for now.

Although, there are some great financial benefits with a merger, the leadership of both Winter Park and Fraser concluded that the timing was just not right. Winter Park Mayor Jim Myers stated “when the time comes, it will be a very natural consolidation, however, this could take five to ten years”.

Some residents do like having two separate towns with distinctive personalities, budgets and leaders, while others believe that the financial benefits of consolidation are worth losing some individual character of each town.

This saga will continue