Gabbing with the Glucksmans

Affordable Fashion Comes To Cherry Creek Mall

2011-10-03T09:55:00.000-07:00

Affordable Fashion Comes To Cherry Creek Mall

Fashion shopping is definitely one of the amenities you can enjoy from your Cherry Creek condo or townhome. Do you love to shop in Cherry Creek North’s high end boutiques?? Well, who doesn’t? We do!

If you can’t afford the high end specialties but still want to look like a million bucks, look no further. Finally, Denver is going to welcome two locations for a trendy favorite retailer, H&M!! The first store front will be located in the downtown Denver Pavilions, but the second is coming right here to our very own neighborhood, Cherry Creek North! H&M will occupy 20,000 square feet within the Cherry Creek Mall. The specific location has not yet been confirmed; however, we can look forward to the opening being in late spring or early summer of 2012.

H & M is bringing affordable shopping to our Cherry Creek neighborhood in Denver.

H&M markets itself as being known for “fast fashion” –retailers that offer contemporary apparel at affordable prices targeted to younger buyers. High end fashion designers such as Madonna, Lanvin and Stella McCartney have created affordable lines specifically for this store. Having lived on both the west and east coasts in the past, where H&M is located throughout all the major cities, the store is a known shopping staple for any young person.

Not only can you can get your basic tanks and tees but also, you can have the latest trends right at your fingertips without breaking the bank. Whenever we head to one of the coasts, we always stop at H&M to see the latest trends. If you have never been to an H&M before, brace yourself, it can be overwhelming and you’ll want to get through the entire store. So, put on your patience hat and get ready to browse and try on some great finds!! You will be shocked that an adorable fall sweater/poncho is only $19.95.

Or you have a dinner party to go to and need a cute trendy little cocktail dress…you’ll probably find it here for under $39.99. You just can’t beat these prices and styles! If you want to start salivating now, check out H&M’s website here…you won’t be disappointed!

H&M coming to the Cherry Creek Mall will no doubt be an asset for the area both in retail sales and also boosting jobs. If you live in Cherry Creek North, or would like to, you will love having this store in your backyard. We are excited to see where the store will specifically be located and what great deals it will bring! So, ladies and gents, start saving now because you’ll want to go on a bit of a shopping binge next year and get ready for some great deals!

If you are interested in buying or selling in Cherry Creek or any other part of Denver, please do not hesitate to contact us today! www.glucksmanteam.com

Gayle Glucksman

303-908-0455

gayle@gayleglucksman.com

Tiffany Glucksman

303-882-0211

tglucksman@denverrealestate.com

Lowry Neighborhood Events

2011-10-03T09:50:00.000-07:00

Lowry Neighborhood Events

By Gayle and Tiffany Glucksman

Downtown Denver has many great communities. Some are even new Town Centers like Lowry, the former Air Force base. One of the many reasons people love living in Lowry in Denver is the urban neighborhood feel. If you take a stroll around the town center at any given time you will see the restaurants filled, people enjoying a nice frozen custard and residents taking advantage of living in a suburb within the City. One of the many things that the Lowry Community Master Association (LCMA) excels at is planning a variety of events throughout the year for the residents and this summer/fall is no exception.

Denver's younger residents loved seeing Harry Potter host movie night at the Lowry neighborhood.

As the summer in winding down and the kiddos are headed back to school, there are still a few upcoming outdoor events to squeeze out the last of this incredible summer weather we’ve been having. If you don’t already have plans, there is a free outdoor movie tonight, August 19, featuring the 80’s classic E.T. at Crescent Park @ 8th & Roslyn. Come early to get a seat on the lawn and the LCMA will provide popcorn and ice cream! The movie will start roughly around 8pm or whenever it becomes dark. Bring a blanket and picnic if you would like to arrive early to enjoy the band Yo’ Mamas and Papas . If you are tired after a long day of work and can’t prepare dinner, do not fret, food will be available for purchase. Great weather, ET and yummy food…what could be better on a Friday night?!

First Lowry Movie night of the summer on June 26, featuring Harry Potter

If you happen to miss the movie night, plan ahead for the Lowry Wine and Walk Concertwhich will take place on September 10, 2011 at the Lowry Town Center.

Get your tickets at 5:30 and enjoy tasting various wines throughout the town center. For one lucky participant, you can even win a $500 shopping spree! With the holidays just a handful of months away, this could come in handy! There will also be a free concert that begins at 8pm, followed by more drink specials at the local Italian restaurant Serioz (who, by the way, has the best breadsticks in town).

I don’t know about you, but hearing about all of these great events makes me want to call Lowry my home. There is a great community vibe and so many fun things to do! And if for some crazy reason you can’t make it to the movie night or Wine and Walk Concert, stay tuned because the events are year round!!

If you are interested in buying or selling in Lowry or any other part of Denver, please do not hesitate to contact us today! www.glucksmanteam.com

Gayle Glucksman

303-908-0455

gayle@gayleglucksman.com

Tiffany Glucksman

303-882-0211

tglucksman@denverrealestate.com

Fillmore Plaza in Cherry Creek Neighborhood

2011-10-03T09:42:00.000-07:00

Fillmore Plaza in Cherry Creek Neighborhood

By Gayle and Tiffany Glucksman

One of the many reasons people love living in Cherry Creek is the vibrant arts, culture, shopping and pedestrian environment. That’s a rare combination to find in Denver neighborhoods. Now, a new pedestrian plaza adds even more to Cherry Creek.

Cherry Creek neighborhood has another pedestrian mall to enhance it's walking lifestyle.

Fillmore Plaza officially opened last month!!! The Fillmore Plaza Redesign project was initiated and agreed upon by the City and County of Denver along with the neighborhoods surrounding the Cherry Creek Shopping Center. Formerly, Fillmore Plaza was not a through street. It was merely a pedestrian walkway.

Fillmore Plaza has opened the streets to gain easier access to the “New North”. That’s what we call the area north of the shopping center that boast boutique shops, restaurants, caffeine watering holes and tons of pedestrian traffic. The “New North” was celebrated in style by elected officials, developers, neighbors and community goers. The all day event offered performances by various artists and groups, yo-yo competitions, face painting and more.

This all day event was officially kicked off by, then, Denver Mayor Guillermo (Bill) Vidal, Denver City Councilwoman Jeanne Robb, Cherry Creek BID President & CEO Julie Bender and AEG Live Rocky Mountain President Chuck Morris. In addition to the festival day, merchants were offering great sales all throughout the weekend. If you missed the grand opening, don’t worry about it…there is more to come!

Another new restaurant in Denver's Cherry Creek.

Fillmore Plaza continues to expand with Phat Thai, a new restaurant coming to town October, 2011. This local restaurant originates from Carbondale, CO and is known for great noodles and a great local feel. Phat Thai prides themselves on their “expectations [being] high and possessed of an obsession for good and tasty food and drink. No pretension; lots of passion”. Chef and Owner, Mark Fischer, has two restaurants under his belt and, according to Aspen Peak Magazine, he stays consistent with his style of cooking and receives high accolades for it. Keeping in line with the new trend of Denver restaurants, Phat Thai’s Menu is family style with smaller dishes that are meant to be shared. The menu looks so delicious that your salivating glands will have a hard time waiting until October. So, grab your friends, significant other or family and get ready for a fun evening of sharing food and experiencing the “New North”.

If you are interested in buying or selling in Cherry Creek or any other part of Denver, please do not hesitate to contact us today! www.glucksmanteam.com

Gayle Glucksman

303-908-0455

gayle@gayleglucksman.com

Tiffany Glucksman

303-882-0211

tglucksman@denverrealestate.com

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DENVER REAL ESTATE NEWS......

2010-11-19T10:12:00.000-08:00

ARE YOU ONE OF THOSE BUYERS OR SELLERS THAT FEEL WE HAVE NOT SEEN BOTTOM YET AND THAT INTEREST RATES WILL BE GOING EVEN LOWER?

GUESS AGAIN...WE HAVE SEEN THE BOTTOM ESPECIALLY IN TERMS OF INTEREST RATES. JUST THIS WEEK THE AVERAGE RATE ON " A FIXED 30 YEAR RATE MORTGAGE JUMPED TO 4.39% FROM 4.17%," FREDDIE MAC SAID ON THURSDAY. " THAT'S THE LOWEST LEVEL ON RECORD DATING TO 1971."

FOR ALL OF THOSE BUYERS WHO WERE "CHOOSING TO FLOAT INSTEAD OF LOCK IN THEIR RATE MAY HAVE MISSED THEIR OPPORTUNITY" SAID, RITCH WORKMAN, CO-OWNER OF WORKMAN MORTGAGE IN MELBOURNE, FLA.

THIS ALSO MEANS THAT WHEN IT COMES TO REFINANCING IT WILL NO LONGER MAKE SENSE TO REFINANCE. PREDICTIONS ARE THAT RATES ARE GOING TO CONTINUE TO SLOWLY CLIMB.
SO, IF YOU HAVE BEEN ON THE FENCE ON MAKING A HOME PURCHASE...NOW WOULD BE AN EXCELLENT TIME TO TAKE ADVANTAGE OF THE CURRENT RATES TO BE ABLE TO BUY MORE HOUSE FOR YOUR MONEY WITH A LOWER RATE BEFORE IT GOES HIGHER.

FOR ALL OF YOUR REAL ESTATE NEEDS PLEASE CONTACT US AS WE ARE READY TO HELP YOU!

GAYLE GLUCKSMAN.....303-908-0455
GAYLE@GAYLEGLUCKSMAN.COM
WWW.GLUCKSMANTEAM.COM

TIFFANY GLUCKSMAN..303-882-0211
TGLUCKSMAN@DENVERREALESTATE.COM
WWW.GLUCKSMANTEAM.COM

DENVER REAL ESTATE.....So many articles..what to believe?

2010-11-19T09:49:00.001-08:00

THERE ARE SO MANY ARTICLES THESE DAYS ON REAL ESTATE, THEY CAN MAKE YOUR HEAD SPIN!

First we have the article from the Denver Post stating that " Denver-Metro home sales continued to drop in October, but median home prices held steady." There was a 3.9% decline from closed properties in Oct. compared to September. Comparing this to homes that closed October of 2009, home sales went down 28.2%.
Inventory is shrinking which is good news as that goes back to the old theory of Supply and Demand.
The inventory of Unsold homes on the market came in at 21,851 in October which is down 6.3 % from the 23,332 on the market in September. We have been flooded with inventory and it is bound to happen that this figure will shrink. Sellers that do not have to sell will take their homes off the market and the homes that are priced correctly will continue to sell.

Then we have articles on analysts who differ on opinion as to where our market is headed. Lawrence Yun, a National Association of Realtors economist foresees "rising homes sales, flat prices and higher loan rates."
He believes that we will see homes sales returning to more "normal levels". But, economists such as David Rosenberg at Gluskin-Sheff disagrees with Mr. Yun. He sites a "high shadow inventory of foreclosures coming onto the market, weak buyer confidence and homeownership rates still above pre-bubble levels." Rosenberg feels "the housing market can't get out of its own way" while Yun said "recovery would lead to a drop in foreclosures which have run at about 2 million a year the past two years."

The bottom line is this...it is still the American dream to own ones own home. We work with buyers and first time buyers on a very regular basis. They are enthusiastic about owning their own home. With most Sellers being motivated and rates still being low it is still the most fabulous time now to consider buying a home.

So, if you are wondering about all these articles and what to do consider calling an experienced Lender
(we can refer you to some great lenders) to find out where you stand financially as far as what you can qualify for in a home purchase. After you make that call then call us! With over 24 years of combined experiece we can help you make that American dream YOUR reality!

GAYLE GLUCKSMAN....303-908-0455
GAYLE@GAYLEGLUCKSMAN.COM
WWW.GLUCKSMANTEAM.COM

TIFFANY GLUCKSMAN...303-882-0211
TGLUCKSMAN@DENVERREALESTATE.COM
WWW.GLUCKSMANTEAM.COM

DENVER REAL ESTATE.....So many articles..what to believe?

2010-11-19T09:49:00.000-08:00

OCTOBER 12, 2010 REAL ESTATE NEWS IN DENVER

2010-10-12T12:03:00.000-07:00

We are so proud of our real estate company, The Kentwood Company!!

The Kentwood Company which is Colorado's Premier Real Estate Company has been ranked number one in total sales volume per agent by Realtor Magazine, which is the official publication of the National Association of Realtors. We topped the charts with an average sales volumne of nearly $5.8 million per each of the company's approximately 157 agents which is remarkable. Some of the companies ranked by the magazine literally had thousands of sales associates operating from hundreds of offices, but Kentwood Real Estate still managed to rank 95th in the nation in total sales volumne with just 157 agents!

So rest assured whether you are a Buyer or a Seller, when you are working with us and our company, you can know that you are working with the very best!!

For all of your real estate needs please contact us at:

Gayle Glucksman
303-908-0455
gayle@gayleglucksman.com
www.glucksmanteam.com

Tiffany Glucksman
303-882-0211
tglucksman@denverrealestate.com
www.glucksmanteam.com

OCTOBER 12, 2010..REAL ESTATE NEWS IN DENVER

2010-10-12T11:18:00.000-07:00

WHAT IS GOING ON?

Well, according to the article written in the Denver Post by Aldo Svaldi, "despite the lowest interest rates in 60 years, home sales have plummeted; many who rushed to get now-expired tax credits would've saved by waiting." Why? Because taxes are at an all time low now.

Buyer's appear less eager to borrow money at the lowest interest rates in years. One explanation is Timing. Buyers earlier in the year did not know that rates would drop and so they took the best deal out there at that time. Cameron Findlay, chief economist of LendingTree.com suggested that" because few people stay in a home or keep a mortage for 30 years, the time needed for monthly mortgage savings to match that $8,000 credit is another consideration."

" Unemployment, the deficit and the overall economy are impacting people's decisions disproportionately" states Greg Salsbury, executive vice president with Jackson National Life Distributors in Denver. So now that we have seen a trend of lowering interest rates consumers feel they will go even lower and they feel home prices will go lower as well. BUT, there comes a time when the Realtor has to educate the Buyer.

There are great buys out there now in Denver. The Buyer needs to be educated on recognizing a great deal when they come across one. The list price is not the sale price. With that in mind and with the lowest interest rates allowing a Buyer to purchase a more expensive home (because of those lower rates) makes NOW the very best time to buy. We do not believe there will be a better time for a Buyer. Denver is unlike many states across the US.

Our prices have come down but our homes are still selling. Don't let the news stories mislead you. The stats will tell you how sales have plummeted BUT you have to take into account the frenzie of sales with the tax credit incentive. The lowest interest rates in history outdo the tax credit long term.

Now we are back to a normal market without tax incentives. Denver area homes fell 3.9 % in September from a month earlier. This reflects the end of summer. Our market is showing signs of life.
The higher priced properties are starting to move once more whereas last year they were flat.

So, if you have the down payment saved and you are looking to purchase a first time home or move up in home size there has never been a more fantastic economical time to do well on a purchase than NOW.
For more statistical information please visit our website at www.glucksmanteam.com.
If we can be of help to you with what is going on in Denver and the surrounding areas please contact us.

Gayle Glucksman
The Kentwood Company Cherry Creek
303-908-0455
gayle@gayleglucksman.com

Tiffany Glucksman
The Kentwood Company Cherry Creek
303-882-0211
tglucksman@denverrealestate.com

REAL ESTATE NEWS IN DENVER

2010-07-09T08:49:00.000-07:00

Friday July 9, 2010

Did you miss the stimulus? Not to worry, as we have a phenomenal stimulus right now and that would be the amazingly LOW interest rates! These rates are allowing buyers to increase their home purchase price and enter the market.

Here are the current rates according to Wells Fargo:

30 Year Fixed:

4.375 % with 1% Discount Point
4.625 % with no points

15 Year Fixed:

3.75% with 1% Discount Point
4.125% with no points

5/1 Arm:

3.25% with 1% Discount Point
3.625% with no points

Here are some interesting statistics for our Denver Market for the month of JUNE:

RESIDENTIAL:

Actives: 17,337
Avg. List Price: $457,378
Under Contract: 3,162
Sold: 3,227
Avg. Dom: 81
Avg. Price: $299,375

If you would like the statistics on the Condo market for the month of June or if you need any other real estate information and help please do not hesitate to call us.

We are proud to announce that in the first 2 quarters of this year our team, Gayle and Tiffany Glucksman were the number 1 team in our office for sales volume!! We are here for the most important move of all...YOURS!

Gayle: 303 908-0455
gayle@gayleglucksman.com

Tiffany: 303-882-0211
tglucksman@denverrealestate.com

The Kentwood Company Cherry Creek
44 Cook Street
Denver, Colorado 80206

REAL ESTATE NEWS IN DENVER AND BEYOND

2010-06-17T13:53:00.000-07:00

June 17, 2010

There is enough real estate news out there to make your head spin. An interesting bit of news that has just come out is that the Senate has amended a bill to give homeowners who were under contract on a home purchase by April 30 an additional three months to close the deal and still claim the federal homebuyer tax credit! By extending the date from June 30 to September 30 this will allow lenders more time to clear a backlog of 180,000 homebuyers nationwide said amendment sponsor Sen. Harry Reid, D-Nev. This is good news as closings right now are going down to the very last second on the day they are to close. Lenders are inundated with loans and it is taking considerable time and patience to get these real estate transactions finally closed on the date scheduled.

Meanwhile on the mortgage front rates on 30 year fixed mortgages have fallen to the lowest level of the year. Freddie Mac said "the average rate sank to 4.72 percent, down from 4.79 percent 2 weeks ago. What is interesting is that with rates as fantastic as they are the number of customers applying for a mortgage to purchase a property fell to the lowest level in 13 years the first week in June and is down 35 percent from a month ago. This is according to Mortgage
Bankers Association. It was stated in an article in The Denver Post by Alan Zibel that,
"Investors, wary of the European debt crisis and the turbulent stock market, have shifted money into the safety of U.S. Treasury Bonds. That has pushed down the yield on U.S.Treasury Debt. Fixed mortgage rates tend to track that yield."

Denver is poised to recover faster than most cities. In May there were 22,016 homes on the market, up 6.2 percent from 20,734 in the same month last year and up 2.1 percent from 21,565 in April.

The company that I work for, The Kentwood Company is doing phenomenally well given we have 3 offices with a total of 155 agents. Each year we surpass one billion dollars in sales volumn and we are off to a great start in 2010. The million dollar plus market has slowed down and yet in May there were 55 closed transaction which was up from 34 in May of 2009. That is about a 62% increase and The Kentwood Company has closed 14 of the 55 this year.

The inventory is great, the rates are low, the Sellers are usually motivated. It has never been a better time to invest in real estate than right now. If you would like more information on Denvers market and information on neighborhood and properties please feel free to contact us. We are here to help you!

Gayle and Tiffany Glucksman
The Kentwood Company Cherry Creek
Gayle: 303-908-0455
gayle@gayleglucksman.com
http://www.gayleglucksman.com/

Tiffany: 303-882-0211
tglucksman@denverrealestate.com

DENVER REAL ESTATE

2010-02-28T10:56:00.000-08:00

FEBRUARY 28, 2010

According to our latest news that was displayed in The Denver Post by Margaret Jackson,
Denver was among six metropolitan areas in a 20-city survey that saw home prices incresase in December compared with the same period a year ago. Our Denver area home prices according to the Standard & Poor's/Case-Shiller rose 1.2 percent in December compared with the same month in 2008, the fith largest increase among the cities.

This is good news. Interest rates are still amazingly low and our inventory supply of homes is shrinking. According to economist, Jeff Thredgold of Vectra Bank Colorado, "we are seeing more signs of stabilization but now the anxiety is about what will happen with mortgage rates."

Word is by the end of this year mortgage rates will rise. It appears that our inventory will continue to shrink. Supply and demand help determine what type of market we are in. Currently here we are in a Buyers market. Those Sellers that are motivated, have done the necessary things to have their home show well and are competitively priced are the Sellers that will have a closed transaction. Even with the lower inventory we have plenty still on the market in all different neighborhoods. The first time Tax Incentive will end on April 30 as that is the date all contracts for first time buyers must be completed and close by June.

If you would like more information on what is available in all of our fabulous different neighborhoods please do not hesitate to contact us. There has never been a better time than now to jump in and get the home you have always wanted.

Gayle Glucksman
303-908-0455
gayle@gayleglucksman.com
www.gayleglucksman.com

Tiffany Glucksman
303-882-0211
tglucksman@denverrealestate.com
www.gayleglucksman.com

2009-11-12T18:24:00.000-08:00

November 12, 2009

TAX CREDIT

Great news for Buyers which will translate to great news for Sellers. The tax credit has been extended and improved! If you are a first time home buyer you will receive an $8,000 tax credit when purchasing a principal residence from January 1, 2009 to on or before April 30, 2010. A binding sales contract must be signed by April 30 and completed by June 30, 2010 to qualify for this tax credit. The additional great news is that if you have owned and resided in your home for at least 5 consecutive years of the 8 years prior to your purchase date you will receive a $6,500 tax credit. In order to receive this you must have a binding sales contract on a new property signed by April 30, 2010 and completed by June 30, 2010. For more extensive information a wonderful and complete web site to visit is http://www.federalhousingtaxcredit.com/home.html

If you have any questions about the real estate market please do not hesitate to call us as we are here for you!

Gayle Glucksman 303-908-0455
gayle@gayleglucksman.com
http://www.gayleglucksman.com/
The Kentwood Co. Cherry Creek

Tiffany Glucksman 303-882-0211
tglucksman@denverrealestate.com
http://www.gayleglucksman.com/
The Kentwood Co. Cherry Creek

2009-10-21T13:55:00.000-07:00

October 21

Did you know that as of the end of September there were 15,046 single family homes on the market in the Metro Denver area? Last year at that time there were 18,496 homes on the market and in 2007 at that time of year there were 23,023 homes on the market! The year over year difference is 18.7 percent in the drop of inventory. The good news is that the inventory especially in certain price points is dropping. The bad news for Sellers is that in certain price points very little is moving at all. Right now Sellers should have their homes on the market for four basic reasons: Finances, relocating, job change or a divorce situation.
Now there is one other reason, if you have lived in your home for a very long time and have alot of equity built up then you might want to sell to be able to "move up" into that dream home you always wanted. IF these somehow are not the Sellers reasons...say they just want to test the market..my advice is..take your home off the market now.

The lower price points are attracting the most attention. The tax incentive has positively helped this group of first time home buyers get into the market. However there is a much smaller percentage of buyers looking at homes priced over $500,000. Interest rates are lower than they should be right now and that is to accomodate the tax incentive program and their closings. They also have been lower to get through all of the foreclosures and to help curb inflation. After November 30 the tax incentive program will be done and it is predicted after that the interest rates will begin to go up.

So for all of you Buyers out there this is an outstanding time to buy. For all of you Sellers out there now is the time to be extremely competitively priced if you are to stay on the market and to achieve your sale. Realistic expectations on behalf of buyers and sellers is the key to success in sales by both parties and will make our real estate market stronger.

Please contact us with any of your real estate questions and needs as we are here for you!!

Gayle... 303-908-0455 gayle@gayleglucksman.com
Tiffany.. 303-882-0211 tglucksman@denverrealestate.com

Real Estate is NOT for the Faint of Heart!

2009-10-01T18:05:00.001-07:00

October 1, 2009

Real Estate these days is not for the faint of heart!! We see conflicting reports in the news it seems like on a daily basis. Here in Denver, Colorado our news today came from The Denver Post in an article by Steve Raabe in which he wrote that "Metro Denver home prices rose for the fifth consecutive month in July, offering another signal that the depressed real-estate market has turned around." "Area housing prices increased 1.5 percent from June but were down 2.9 percent compared with July 2008 according to the Standard & Poor's/Case-Shiller home-price index." "Metro Denver was hit by the housing slowdown earlier than other cities, but it appears to be bouncing back sooner than other markets, said housing analyst and realty broker Gary Bauer. The article goes on to say that the median price of a single family home in metro Denver rose to $227,000 in August, a 0.89 percent increase compared with the same month last year which was according to a separate report based on a recent analysis of Metrolist data.
"Nationally, the S&P/Case-Shiller index showed a 13.3 percent decline in the past 12 months through July.

So, if you are here in Denver looking for a home there are some mixed signals and you need to be tough and have an excellent realtor by your side. If you are in the price range of say $150,000-299,999 you better step up your pace as the homes in this range are flying out the door and receiving in many cases multiple offers. If you are in the million dollar plus range you can take your time as we are flooded with inventory that is taking quite a long time to sell. You will most likely do very well with your purchase. Again, having a very experienced savy realtor by your side to negotiate is critical to your success.

I believe we are now going to be switiching from the foreclosures in the low end of the market to a swing over to the high end market. Bloomberg News stated that mortage buyer, Freddie Mac is going door to door to help delinquent borrowers avoid losing their homes. Bloomberg went on to state that in August, 3.14 percent of Freddie Mac mortgage were 90 or more days late, up from 1.11 percent in August of 2008.

So, what is a Buyer to do? Work with a very experience realtor who knows the area in which you would like to live and who is an excellent negotiator. Step up now especially if you are a first time home buyer as the tax incentive is soon to run out.

What is a Seller to do? Work with a very experience realtor who knows the area their home is in and who is an excellent negotiator, and has a phenomenal marketing plan.

Yes, real estate these days is not for the faint of heart but it can be very worthwhile and fun in the process. If you would like more information or would like to work with a very experienced
realtor who is outstanding in negotiating, in marketing properties, and in achieving great success please feel free to contact me.

Gayle Glucksman
The Kentwood Co. Cherry Creek
303-908-0455....gayle@gayleglucksman.com

2009-08-06T19:51:00.000-07:00

AUGUST 6, 2009

The Denver Post had an interesting article written by Aldo Svaldi at the very end of July.
It stated that "the Metro Denver's unemployment rate ticked up to 7.9% in May. Adams County had the highest unemployment rate at 9% followed by Denver at 8.5%. Broomfield County had the biggest jump in its unemployment rate between May and June, from 6.9% to 7.5%." The areas with the largest job losses were in mining and construction. "Education and health services ADDED 4,800 jobs, a 3.6% gain that outpaced the U.S. average of 2.2%.

On the real estate front, according to an article just written in Business Week by Prashant Gopal,
"signed home-purchase agreements in the U.S. rose in June to the highest monthly level in two years, according to the National Association of Realtor's pending homes sales index that was released on Aug. 4. Pending homes sales, considered a leading indicator because closings typically follow a month or two later, rose 3.6% in June, compared to May..the fifth consecutive monthly increase. That's the longest streak of increases in six years." The article goes on to say "the pending home sales figure is only the latest indication that the housing market might be close or at a bottom." Dennis Torres, executive director of real estate operations at Pepperdine University's Graziadio School of Business and Management, says pretty much what I have been saying and that is to quote Mr. Torres, "low interest rates, home prices, and government incentives make this the ideal time to purchase a primary home..as long as the buyer has a stable job and intends to stay put for a while."

Recently the Wall Street Journals cover story was "Home Values Rising" and "Denver is among the top". Plus last week there was another article in The Denver Post about, "Denver Sales and Rising Prices."

Never before have we had such perfect alignment of low interest rates, tax incentives for first time buyers, motivated sellers, and plenty of inventory all at the same time.
For more information on the Denver real estate market please contact us.

Gayle...303-908-0455...gayle@gayleglucksman.com
Tiffany..303..882-0211..tglucksman@denverrealestate.com

2009-07-16T15:39:00.000-07:00

July 16, 2009

Despite all the negative press out there nation wide, Denver is shining with its own positive press and news! Please contact us if you would like to see any of these articles.
Currently there are 20,853 listings in MLS and last year there were 26,104! We have seen a
5,251 reduction in listing inventory, or 20 %. The higher end market is slowly starting to move again. Conforming rates are back in the 4% range again and jumbo loans are getting alittle easier to obtain. The first time homebuyer $8,000 tax credit still has alittle over 4 months to go ending on December 1. This is a fantastic opportunity for first time homebuyers!
NOW is your moment to find that phenomenal new home! Wonderful interest rates and motivated sellers make for a winning combination for all buyer!

For more information on our Denver Real Estate Market please contact us.

Gayle 303-908-0455 gayle@gayleglucksman.com
Tiffany 303-882-0211 tglucksman@denverrealestate.com

2009-07-01T19:26:00.000-07:00

July 1 GREAT DENVER NEWS

There was a great article in the Denver Post newspaper today written by Margaret Jackson that states that "the Denver area fared the best among 20 U.S. cities reporting drops in home prices, according to data released Tues." Denver has just a 4.9 percent decline which is the best only 2nd to Dallas. The change for Dallas from year over year is -5.0% and Denver from year over year is -4.9% Las Vegas year over year is -32.2% !

Our inventory is shrinking and slowly we are starting to see activity with properties in the higher end of the market pick up. Interest rates are still phenomenal and we have alot of motivated sellers. Denver is the absolute most fantastic city and state to live in. It is a sports, park, and golf paradise! Plus Colorado was just rated by The Centers for Disease Control and Prevention has having the lowest rate of obese adults at 18.9%.

So, jump in and take the plunge and invest in your dream home here and you will not be sorry!

If you have any questions please do not hesitate to call or email us.

Gayle: 303-908-0455 / gayle@gayleglucksman.com

Tiffany: 303-882-0211/ tglucksman@denverrealestate.com

Gayle and Tiffany

2009-06-09T14:11:00.001-07:00

June 9, 2009

Metrolist has just come out with the latest stats for the month of May which is very interesting here in Denver.

Our inventory numbers are shrinking. What will eventually take place is a shift in the market where we will have less supply and more demand. The prices will then rise and it will become a Sellers market once again. We are seeing today according to David Barnes from
Colorado Express Mortgage a rise in the interest rates. Today Jumbo loans ($417,001 +) fixed for 30 years are now at 7% and conforming loans ($417,001 and below) for a 30 year fixed rate are at 5.5%. The tides are shifting. We are in our peak real estate months now. Times have never been more right for a buyer as well as for a seller (if they have had their home for a while).

Education in the market place is key. We can help you with that! What you can do is:

If a Seller: Go through your home with a fine tooth comb. Look at your home as if you were a
buyer for the very first time. Fix those cracks, put on a fresh coat of paint, spruce
up your landscaping now that our beautiful summer is upon us. Have your home
inspected so that you can address ahead of time any important pertinent issues that
result from your inspection.

If a Buyer: Really get to know the neighborhood you are interested in. Become educated on
what has recently sold in that neighborhood so that you will recognize a great value
when you see it. Become pre-qualified with a lender and fill out the loan application
so that you are in a great position when you find that perfect home. Realize that a
home in a great location, in great updated condition and one that has a realistic list price will not be "given away" when you are writing your contract to
purchase. In many cases we are now seeing multiple offers once again.

For more information please do not hestitate to contact us.
Gayle: 303-908-0455/gayle@gayleglucksman.com
Tiffany: 303-882-0211/tglucksman@denverrealestate.com

2009-06-02T14:06:00.000-07:00

June 2

ARE YOU FAMILIAR WITH THE $8,000 TAX CREDIT OUT THERE?

Alot of people are not understanding what this Tax Credit is all about and what it means so we
hope the following is helpful information.

Per the IRS.GOV website qualifying Tax Payers who buy before December 1, 2009 can claim
credit on their 2009 tax return. They do not have to repay the credit provided that the home remains their main home for 36 months after the purchase date. They can claim 10 % of the purchase price up to $8,000 or $4,000 for married individuals filing separately. The amount
of the credit begins to phase out for Taxpayers whose adjusted gross income is more than
$75,000 or $150,000 for joint filers. For purposes of the credit, you are considered to be a first
time homebuyer if you and your spouse (if you are married) did not own any other main home during the three-year period ending on the date of purchase.

It is always a good idea to check in with your accountant on this topic as well. Needless to say
this is a phenomenal time for first time buyers what with this tax credit and the historically low interest rates plus a generous amount of inventory! For more real estate information please contact us and we will be happy to help you!!

Gayle..303-908-0455

Tiffany..303-882-0211

The Kentwood Company Cherry Creek

Denver Real Estate Stats

2009-05-15T10:32:00.000-07:00

This is a very interesting time in the Denver Real Estate Market. I think you will find this report interesting. The data is from Metrolist.

RESIDENTIAL.......April 09............................A YEAR AGO
Active 15,639 -22.02
Under Contract 4,153 -18.05
Sold 2,706 -19.30
Avg DOM 102 -0.97
Avg Sold Price 254,442 -4.80

CONDOS.................April 09.............................A YEAR AGO
Active 5,066 -17.18
Under Contract 1,030 -15.50
Sold 684 -25.00
Avg DOM 110 -7.56
Avg Sold Price $150,000 -14.09

Thank goodness as you can see our number of active listings on the market is shrinking which is a very good thing. We have always been taught about supply and demand. The more over abundant supply usually is associated with less demand and vice- versa. We still have a very large inventory of properties be it single family homes, townhomes or condominiums currently on the market. The time has never been better for a Buyer. Interest rates are historically low, inventory is still high and we are seeing alot of negotiating from the list price to the contract sales price. If you are a first time Buyer you can take advantage of the $8,000 tax credit. If you have been thinking of moving up to a larger property now has never been a better time for you.
If you have lived in your current property for more than 5 years you most likely will have some equity and can move on up. It is the current homeowners that bought their current home in the last at least 3 years where the situation is different. You may not make money on your sale but you will come out ahead in your next purchase with the very low interest rates helping you to achieve a home you would not have been able to afford say 3 years ago.

If you would like more information please do not hesitate to contact me at either
gayle@gayleglucksman.com or 303-908-0455. Don't miss your golden opportunity as conditons will never be better for buyers than they are right now!!!!

Cherry Creek Sneak is Quickly Approaching

2009-04-13T13:10:00.000-07:00

Hi Everyone,

The Cherry Creek Sneak is right around the corner! It is always the last Sunday of April and this year it will be on April 26th. Whether it be a 5 mile run, 5k (3.1 mi) or a 1 mile family fun run/walk, there are many ways to get involved! If running is not your thing, you can come hang out in Cherry Creek north and visit the great booths and beer gardens! Below you will find exactly how The Kentwood Company Cherry Creek is supporting the Cherry Creek Sneak!

FREE CHERRY CREEK SNEAK PARKING

Contact your Kentwood agent today to reserve your
FREE PARKING SPACE in our garage on Sunday, April 26th for the 2009 Sneak! We’re at 44 Cook Street – enter from 1st & Madison or Ellsworth & Madison.
Let YOUR AGENT know if you plan to join us. Once you’ve reserved your space, SAVE THIS POSTCARD and bring it with you on Sunday, April 26th. We’ll enter you into a drawing for a $100 Runner’s Roost Gift Card!

Don’t forget to also register for the Cherry Creek Sneak by noon on Tuesday, April 21st

Register as a member of the Kentwood Team to help raise money for the University Park Elementary Physical Education Program!

It’s easy just go to http://www.ccsneak.com click on “registration” and select the Kentwood Team in the drop down box on the form.
Race participants will be responsible for their own race registration.

YOU’LL BE SOLD ON THIS EVENT!

If you need the postcard sent via email, please don't hesitate to contact us!
Gayle at 303-908-0455 or gayle@gayleglucksman.com
Tiffany at 303-882-0211 or tglucksman@denverrealestate.com

We look forward to seeing you there!!
-Gayle and Tiffany

Looking for a Job?

2009-04-09T14:08:00.001-07:00

We are always looking out for our clients. For those of you who are looking to find a job in this tough economy, here is a new website that might be of service to you! Check out this innovative way to search for a job and please send us an email letting us know how it goes for you! http://www.meetyournewemployee.com/
Thanks so much and we look forward to hearing your success story!
-Gayle and Tiffany
http://denverrealestate.com/our_brokers/team/gayleglucksman

Good News for Denver's Real Estate Market

2009-04-09T13:46:00.000-07:00

The Real Estate Market is absolutely picking up in Denver!!

On April 8th, the Denver Post mentioned that our market has “experienced a big bump from February to March.” Spring marks the beginning for prime time in listing and selling homes. Conditions have never been more attractive in regards to financing and home prices.

According to the Post Article, “High end property also is starting to move. One condo and 28 single family homes priced at more than $1 million sold in March, compared with the last few months during which fewer than 20 sold.”

The most active price range of single family properties going under contract and selling is the $150,000-$350,000 range. We are seeing multiple offers once again in this category.
If you have been thinking of moving “up” there can be no better time than now. Conforming rates are under 5%!

Now is also a wonderful time to buy that perfect “investment” property.

If you are thinking of buying or selling and would like more information please do not hesitate to contact us at:
Gayle Glucksman - 303-908-0455 or gayle@gayleglucksman.com
Tiffany Glucksman - 303-882-0211 or tglucksman@denverrealestate.com

What To Do in Denver During March!

2009-03-10T13:03:00.000-07:00

March 10, 2009

What To Do in Denver During March!!

March is not only filled with daylight savings, but also filled with St. Patrick's Day, Spring Break (for most) and Spring itself!! As we enjoy the longer days that the month brings, there are many other events going on in and around Denver to enjoy! Below are just a few events that we know of to celebrate the month. What do you know of? Please comment below and post any fun events that you are aware of for the month of March! We look forward to hearing from you.

-Kundalini Yogo: March 2-March 30 www.botanicgardens.org
-Beginning Salsa Dancing: March 2-April 21 www.freeu.com
-St. Paddy's Day Workshop: March 12 www.theseasonedchef.com
-Gluten Free Baking: March 18 www.culinaryschoolrockies.edu
-CSO Goes to the Movies: March 27-28 www.coloradosymphony.org
-Smothers Brothers: March 14 www.coloradosymphony.org
-Bill Cosby: March 28 www.denvercenter.org
-Get Lucky for a Good Cause: March 14 www.hopecenterinc.org
-Ronald McDonald House Storybook Ball: March 21 www.ronaldhouse.org
-Fantasy Writing (Course for Kids): March 15-22 www.lighthousewriters.org

These are just a few of the many events that Denver has to offer. For more information on these events or to add other events to this list, please contact Gayle at 303-908-0455 or gayle@gayleglucksman.com or Tiffany at 303-882-0211 or tglucksman@denverrealestate.com.

We look forward to hearing from you!
-Gayle and Tiffany Glucksman

How is Our Denver Market Doing?

2009-03-10T12:41:00.000-07:00

How Is Our Denver Market Doing?
March 10, 2009
-By Gayle and Tiffany Glucksman

Are we seeing the light at the end of the tunnel? According to data released and written about in the Denver Post by Margaret Jackson on March 6th, there is good news on the horizon. This great news is that the number of homes put under contract in February, "increased 9.2% to 4,183 compared with 3,831 the previous month." In addition, on March 7th the Denver Post reported that, "the median price for a single-family home last month was up 5.8% to $192,000 compared with $181,500 in January. That's down 13.3% from the same month last year, when it was $221,486." Our inventory of homes is now 20,059. Typically, February, March, April, and May is when we see our inventory swell. There are some in the real estate community that feel we are now at the bottom. Others feel we may have a few more months to go.

There has never been a better time to buy than NOW. Interest rates are still very attractive and there is a wealth of inventory to select from and most sellers have motivation! Denver is one of the shining cities across the United States that is in the enviable housing mode. For more information on properties in Denver, Cherry Creek, Hilltop, Lower Downtown and in surrounding areas, please do not hesitate to contact Gayle at 303-908-0455 or Gayle@gayleglucksman.com or Tiffany at 303-882-0211 or tglucksman@denverrealestate.com.

-Gayle and Tiffany

Good News at Last for Denver's Housing Market

2009-02-25T13:22:00.000-08:00

February 25, 2009

According to the article published in The Denver Post on February 25, 2009, written by Aldo Svaldi, "US home prices fell at a record pace late last year but Denver fared much better than other metro areas, according to two home price indices released Tuesday. Metro Denver home prices fell 4% in December compared with the same month a year ago, according to the S&P/Case-Shiller Home Price Indices. Denver's decline was the smallest of the 20 major metro areas tracked in the index, which fell a record 18.5% between December of 2007 and December of 2008."

There are certain cities that are now in a world of hurt. In 2008 those cities include, but are not limited to:
-Phoenix is down 34.0%
-Las Vegas is down 33.0%
-San Fransisco is down 31.2%
-Miami is down 28.8%
-Los Angeles is down 26.4%

And Denver is ONLY down 4.0%!! That is quite the comparison!

"Denver's housing market was supported last year by the above average population growth and stability in jobs. Detroit, like Denver, did not see a run-up in home prices earlier this decade, and it still suffered a 21.7% annual decline in December, from a year earlier, according to the S&P/Case-Shiller Indices."

So what does this all mean?!?!?

When everyone reads in the papers and watches on the news how real estate is doom and constant gloom, this simply is NOT true for Denver! Properties that are in a good location, in good condition, and listed at a realistic price are selling in Denver!

"According to a report from George Antoine, Denver regional economist with the US Department of Housing and Urban Development states that, 'Colorado's population is growing at nearly double the national rate, and job losses in December were one-third the national rate.'"

Now has never been a better time to buy! With interest rates being so low and the large inventory of homes to choose from, the time to buy is now! Invest now because in 5 years you will be thrilled that you did!

Restaurant Week Has Been Extended!!

2009-02-25T12:23:00.000-08:00

February 25, 2009

Hi All:

Please read our previous blog and enjoy partaking in Denver's Extended Restaurant Week! Simply go to denverrestaurantweek.com and check out the restaurant that are participating in this extension. You will notice and "E" next to the restaurants participating. Enjoy eating out and let us know what you thought of these fantastic restaurants that Denver has to offer!

Gayle and Tiffany

Welcome to Gabbing with the Glucksmans

2009-02-16T13:00:00.000-08:00

February 16, 2009

Welcome to the newly launched website/blog for Gayle and Tiffany Glucksman. Come Gab with the Glucksmans! We hope that you will visit this site often and share your thoughts, comments, questions or concerns with us. On this blog, we will not only be discussing the current real estate market and events, but also we will discuss the happenings in and around Denver. We look forward to answering all of your questions and meeting all of your real estate needs!

February is known for being a romantic month. With Valentine’s Day having just come and gone, we are sure you had your reservations and plans all set well ahead of time. What you might not know is that restaurant week is coming up on the heels of this festive loving holiday. Denver’s Restaurant Week is known for providing 7 days of a tremendous culinary experience. This year, Denver’s Restaurant Week is February 21-27^th. With over 180 top restaurants participating, you will not want to miss out. So, you might be asking yourself, “Self…what is restaurant week? Why should I go to this?” We would like to respond to your self-talk by saying, “Restaurant Week is a great opportunity to try out more than 180 top restaurants that will offer multi-course dinners for the ‘Mile High’ price of $52.80 for two (or $26.40 for one)” (-5280 Magazine, February Issue). So, now you are intrigued. Now you are asking yourself, “Self…how do I find out what those 180 restaurants are??” Well, we have the answer for you!! First, you can call us directly (shameless plug). Second, you can go to DenverRestaurantWeek.com to view for yourself!!

Please email us after you participate in Restaurant Week and let us know what you tried, what you liked and what you will revisit again. And did we mention that a night out by candlelight dinner is the perfect time to discuss making your next move. There is no better time to decide if you want to relocate. And if and when you do want to relocate, may we suggest using simply the best…The Glucksman Team: Gayle and Tiffany! A nice glass of wine, a great meal and conversation about real estate…what could be better than that! Enjoy and we look forward to hearing from you!

-Gayle and Tiffany