Saddle Rock Ridge - Aurora CO 80015 - Active Listings

Saddle Rock Ridge in Aurora CO 80015 is a great Southeast Aurora neighborhood just West of E 470 and just North of Smoky Hill Road.  There are over 2,000 homes in Saddle Rock Ridge with parks and greenbelts scattered throughout. 

There are currently 12 Active Listings in Saddle Rock Ridge which makes their months of inventory available ONE.  This is a popular neighborhood that is designated to the highly acclaimed Cherry Creek School District. 

The 12 Active Listings as of September 12, 2013 range in price from $210,000 ( a short sale) to $385,000.  Distressed sales are rare in Saddle Rock Ridge.

These homes range in square feet from 1,220 to 2,713. 

Saddle Rock Ridge is a covenant controlled community managed by Westwind Management with affordable annual HOA dues of only $420.00.

Saddle Rock Ridge is almost walking distance to Southlands Shopping Center and minutes from the Aurora Reservoir. 

Thinking of buying or selling in Saddle Rock Ridge?  This is a great time!  Call your friendly team at Aspen Lane Real Estate for more information at 303-884-2026.

 

Colorado Foreclosure Filings Drop to 2006 Levels

Colorado Foreclosure Filings Drop to 2006 Levels

 

The Denver Post reported today that the number of foreclosure filings in 2012 dropped to 2006 levels.  Foreclosure filings peaked in Colorado in 2009 to 46,394.  In 2012, there were only 28,579 filings. 

This considerable drop is accredited to many factors.  Number one is that more Coloradans are working than in 2006.  Secondly, many homeowners were able to take advantage of loan modifications with their lenders.  And finally, the real estate market in Colorado is very strong which has caused a steady increase in prices across the state. 

There has been an influx of people moving to Colorado and yet the building permits have declined.  This directly affects supply and demand in our great state. 

According to MLS, there are only 6,581 single family homes today between $200,000 and $500,000 on the market.  That number is causing a frenzy for buyers where they find themselves in bidding wars many times to acquire their dream home. 

What this tells me as a Colorado Realtor is that this is the perfect time for sellers to list their homes for sale.  This is the perfect opportunity to get a fair price and find a replacement home while interest rates are still low.