http://www.coloradodreamhouse.com Each Friday on this Blog I will post up to the minute market data information on different cities across the US courtesy of Zillow. This week we are looking at home values in Cherry Hills Village, CO.

I must admit, for far too many years I originated loans and guided my clients by the philosophy to “buy as much home as you possibly can afford” believing that most people ended up “growing into their mortgage payment” as they continue to improve their employment skills and subsequently their income levels.

This incredible custom home combines the charm of Observatory Park with luxury living. This 5 bedroom, 7 bathroom home with a fully finished basement boasts almost 5400 finished square feet.

Fuller Sotheby’s agent Dan Polimino talks about a sellers market in the lower price ranges in Denver, Colorado.

As Realtors, we tell sellers all the time to look at their homes with buyer’s eyes. What does that mean exactly? When you are selling your home, walk through it with a critical eye. Pick out and point out every flaw, imperfection, or anything that does not show well in your home. Sellers should also be honest with themselves about other critical factors that influence a buyer’s decision like location, size, features, and price.

This beautiful home features an abundance of architectural detail. Art niches, built-ins, and dramatic arches evoke European craftsmanship throughout this 6 bedroom, 6 ½ bathroom masterwork. The freshly completed low maintenance deck features lush views of Glenmoor golf course. Classic brick and stucco finish, new Milgard windows and doors throughout, and a 4-car garage make this showcase a joy to live in.

For those of you new to the home buying process, a new change happened January 1st, 2010 that will make you life allot simpler in terms of shopping for a home loan. The new Good Faith Estimate (GFE) requirements have made lenders HIGHLY accountable for the interest rate and closing costs quotes on a home loan.

Fuller Sotheby’s agent Dan Polimino talks about this weeks market update for Denver Colorado for the week of Feb 15, 2010.

I was talking with the good people from Shea homes the other day and they find themselves in an interesting predicament. I am sure a lot of home builders find themselves in the exact same situation these days. You see, Shea has people walking through their models in Back Country everyday that would love to buy a new home there BUT…they have a home to sell.

So you are sitting on the sidelines right now missing out of the $8000 First Time Home Buyer Tax Credit because someone at the bank told you that your score was not good enough to buy right now. The banker probably did not provide much more information other than you “need to fix your credit and pay your bills on time” if you want to buy a house.