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- 1/24 24Exclusive ListingActive
$289,000
2 Beds2 Baths1,128 SqFt4960 E Donald AVE #11, Denver, CO 80222
Condo
MLS# 3860248
Listed by The Strickland Group
- 1/41 41Exclusive ListingPrice Dropped by $10K
$299,000
2 Beds2 Baths1,128 SqFt4980 E Donald AVE #17, Denver, CO 80222
Condo
MLS# 9044051
Listed by The Strickland Group
- 1/38 38Exclusive ListingPrice Dropped by $10K
$589,900
3 Beds3 Baths1,995 SqFt26391 E 5th PL, Aurora, CO 80018
Single Family Home
MLS# 3211479
Listed by Real Broker, LLC DBA Real
- 3DComing Soon
$675,000
4 Beds3 Baths1,963 SqFt11916 Peakview LN, Broomfield, CO 80021
Single Family Home
MLS# 7378378
Listed by Coldwell Banker Realty 18
- 1/30 30Coming Soon
$540,000
4 Beds2 Baths1,107 SqFt7131 E Clay ST, Westminster, CO 80030
Single Family Home
MLS# 3208143
Listed by Resident Realty South Metro
- 1/2 2Coming Soon
$899,900
3 Beds4 Baths2,028 SqFt2438 Ames ST, Edgewater, CO 80214
Single Family Home
MLS# 2202045
Listed by Milehimodern
- 1/49 49Coming Soon
$1,100,000
5 Beds5 Baths5,015 SqFt3801 Troon CIR, Broomfield, CO 80023
Single Family Home
MLS# 6809203
Listed by 8z Real Estate
- 1/29 29Coming Soon
$430,000
3 Beds1 Bath1,177 SqFt200 N King ST, Denver, CO 80219
Single Family Home
MLS# 8288382
Listed by Stealth Wealth Group
- 1/49 49Coming Soon
$735,000
5 Beds4 Baths2,486 SqFt6250 W Maplewood PL, Littleton, CO 80123
Single Family Home
MLS# 9802245
Listed by MB Homes by Amy K
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OUR BLOG - Joshua Jones, REALTOR® - The Strickland Group
Renting vs. Buying: The Net Worth Gap You Need To See
Renting vs. Buying: The Net Worth Gap You Need To See Trying to decide between renting or buying a home? One key factor that could help you choose is just how much homeownership can grow your net worth. Every three years, the Federal Reserve Board shares a report called the Survey of Consumer Finances (SCF). It shows how much wealth homeowners and renters have – and the difference is significant. On average, a homeowner’s net worth is nearly 40 times higher than a renter’s. Check out the graph below to see the difference for yourself: Why Homeowner Wealth Is So High In the previous version of that report, the average homeowner’s net worth was about $255,000, while the average renter’s was just $6,300. That’s still a big gap. But in the most recent update, the spread got even bigger as homeowner wealth grew even more (see graph below): As the SCF report says: “. . . the 2019-2022 growth in median net worth was the largest three-year increase over the history of the modern SCF, more than double the next-largest one on record.” One big reason why homeowner wealth shot up is home equity. Equity is the difference between your home’s value and what you owe on your mortgage. You gain equity by paying down your mortgage and when your home’s value goes up. Over the past few years, home prices have gone up a lot. That’s because there weren’t enough available homes for all the people who wanted one. This supply-demand imbalance pushed home prices up – and that translated into faster equity gains and even more net worth for homeowners. If you’re still torn between whether to rent or buy, here’s what you should know. While inventory has grown this year, in most places, there’s still not enough to go around. That’s why expert forecasts show prices are expected to go up again next year nationally. It’ll just be at a more moderate pace. While that’s not the sky-high appreciation we saw during the pandemic, it still means potential equity gains for you if you buy now. As Ksenia Potapov, Economist at First American, explains: “Despite the risk of volatility in the housing market, homeownership remains an important driver of wealth accumulation and the largest source of total wealth among most households.” But prices and inventory are going to vary by area. So, lean on a local real estate agent. They’ll be able to give you the local trends and speak to the other financial and lifestyle benefits that come with owning a home. That crucial information will help you decide the best move for you right now. As Bankrate explains: “Deciding between renting and buying a home isn’t just about cost — the decision also involves long-term financial strategies and personal circumstances. If you’re on the fence about which is right for you, it may be helpful to speak with a local real estate agent who knows your market well. An experienced agent can help you weigh your options and make a more informed decision.” Bottom Line If you’re not sure if you should rent or buy, keep in mind that if you can make the numbers work, owning a home can really grow your wealth over time. And if homeownership feels out of reach, let’s connect so we can explore programs that may make buying possible.
Read moreSeptember 2024 Denver Metro Market Watch
September 2024 Denver Metro Market Watch Lower interest rates and a dip in home prices have inspired buyers to re-enter the Denver Metro housing market. According to REcolorado’s September data, 3,805 home contracts were executed, marking a 28% increase from the same time last year and a 5% rise compared to August. The motivation comes as potential buyers found a broader selection of homes available, with inventory levels not seen in a decade. Sellers contributed to already high inventory levels by adding 5,029 new listings to the market in September—10% more than last year—though slightly fewer than in August. Homes are spending more time on the market before selling, with an average of 26 days in REcolorado’s MLS system, an 11-day increase compared to last September and 4 days longer than August’s average. Active inventory surged by 50% compared to last year, with 11,143 homes listed for sale by the end of September. Amid these local shifts, consumer confidence has also seen improvement. The Fannie Mae Home Purchase Sentiment Index® (HPSI) rose to 73.9 in September, the highest level in over two years. This uptick reflects growing optimism that mortgage rates will decrease over the next year. Despite this positive sentiment, only 19% of respondents believe it’s a good time to buy a home, though 65% say it’s a good time to sell. Closings on home sales in the Denver Metro area were down slightly, with 1% fewer transactions than September 2023 and 14% fewer than last month. The median home price dropped 2% year-over-year to $575,000 and was 3% lower than August. In the rental market, activity also slowed. REcolorado reported that 289 rental properties were leased in September, down 6% from last year and 12% from August. The median rent decreased by 4% year-over-year, while 411 new rental listings were added—a 19% drop from the previous month. Active rental inventory increased slightly, with 738 properties available, 4% more than last month. As the market adjusts to changing economic factors, buyers and renters alike are finding more options. A key indicator of future market activity is the number of pending listings, which typically leads to increased closings in the following months. With the uptick in pending listings this September, the Denver Metro housing market is poised for more closings in the coming months and a strong fourth quarter. Source: https://recolorado.com/september-2024-market-stats/
Read moreDon't Fall for These Real Estate Agent Myths
Don’t Fall for These Real Estate Agent Myths When it’s time to buy or sell a home, one of the most important decisions you’ll make is who you’ll work with as your agent. That choice will have an impact on your entire experience and how smoothly it goes. As you figure out who you’ll partner with, it’s important to know what to expect and what to look for. Unfortunately, there may be some myths holding you back from making the best decision possible. So, let’s take some time to address those, and make sure you have the information you need to find the right agent for you. Myth #1: All Real Estate Agents Are the Same You might think all agents are the same – so it doesn’t matter who you work with. But, in reality, agents have varying levels of experience, specialties, and market knowledge, which can have a big impact on your results. For example: you'll get much better service and advice from someone who is a true expert in their field. As Business Insider explains: “If you were planning to get your hair done for a special event, you'd want to visit a stylist who specifically has experience doing that type of work — you wouldn't make an appointment with someone who primarily does kids' hair. The same concept applies to finding a real estate agent. If you have a smaller budget, you probably don't want to work with an agent who exclusively sells multimillion-dollar properties.” Take some time to talk with each agent you’re considering. Ask about their experience level and what they specialize in. This will help you find the one that’s the best fit for your search. Myth #2: You Can Save Money by Not Using an Agent As a seller, you may think you can save money by not working with a pro. However, the expertise, negotiation skills, and market knowledge an agent provides generally saves you money and helps you avoid making costly mistakes. Without that guidance, you could find yourself doing something like overpricing your house. And that’s a misstep that’ll cost you when it sits on the market for far too long. That’s why U.S. News Real Estate says: “When it comes to buying or selling your home, hiring a professional to guide you through the process can save you money and headaches. It pays to have someone on your side who's well-versed in the nuances of the market and can help ensure you get the best possible deal.” Myth #3: Agents Will Push You To Spend More You may also be worried an agent will push you to buy a more expensive house in order to increase their commission. But that’s not how that should go. A good agent will respect your budget and work hard to find a home that truly fits your financial situation and needs. With their market know-how, they’ll point you toward the best option for you, rather than try to pad their own pockets on your dime. As NerdWallet explains: “Among other things, a good buyer’s agent will find homes for sale. A buyer's agent will help you understand the type of home you can afford in the current market, find listed homes that match your needs and price range, and then help you narrow the options to the properties worth considering.” Myth #4: Market Conditions Are the Same Everywhere, So Why Do I Need a Pro? Maybe you believe housing market conditions are the same no matter where you are. But that couldn’t be further from the truth. Real estate markets are highly localized, and conditions can vary widely from one area to another. This is why you can’t pick just anyone you find online. You should choose an agent who’s an expert on your specific local market. As a recent article from Bankrate says: “Real estate is very localized, and you want someone who’s extremely knowledgeable about the market in your specific area.” You’ll know you’ve found the right person when they can explain the national trends and how your area stacks up too. That way you’re guaranteed to get the full picture when you ask: “how’s the market?” Bottom Line Don’t let myths keep you from the expert guidance you deserve. With market knowledge and top resources, a trusted local real estate agent isn't just helpful, they’re invaluable. In what could be one of the biggest financial decisions of your life, having the right pro by your side is a game changer. Let’s connect and make sure you get the best outcome possible.
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REVIEWS - Joshua Jones, REALTOR® - The Strickland Group
- Cheyenne ConlinUnfortunately the manner in which Josh represented his sellers was downright shady and we would never do business with him going forward. The Seller’s Disclosure was not just deceitful, it was riddled with outright lies that ultimately came at our cost.
- Megan TWorking with Josh was such a positive experience!! He was really kind, calm, respectful and easy to communicate with which put my mind at ease as a first time home buyer. I never felt rushed or uneasy in any way. He started sending me listings almost one year ago but I wasn’t ready to seriously start looking until this summer. Once we started looking, he was always available via text to answer questions and was willing to show me as many properties as I needed to see until I found my home! He understands real estate and has a ton of helpful tips to share but he does a great job of remaining neutral so you can make an unbiased decision about which properties you really like or not which I found really helpful. Josh never made me feel like he had an agenda. It was always up to me and he made it clear that finding a home was a journey and also encouraged me to have fun along the way (which we did!). His entire team is so organized, professional, accessible and we never had to worry that any detail was overlooked. I truly cannot recommend Josh highly enough if you’re looking for a real estate agent in the Denver area. He is knowledgeable, honest and easy to work with. I’m so grateful I was able to work with him and have already recommended him to friends and family!
- Ashley MasterJosh Jones was an absolute pleasure to work with! We have worked with him twice in 3 years - once to buy our first home and then to sell that home when we moved out of state. Josh was always available to answer questions and walk us through the complexities of real estate. He is amazing and we highly recommend him and his team!
- c lmJosh was simply a joy to work with! He quickly found us housing options that matched what we were looking for and as we were first time home-buyers, did an excellent job of coaching us through the whole process. I couldn't recommend Josh highly enough and am so grateful that I found him. Buying a home in this market can be (is always) stressful but Josh found a way to make it as painless as possible! If you are looking for a great realtor there is no reason to keep looking, you found the one! Update: Josh was wonderful once again- this time in helping us sell our house. The process wasn’t easy but he went above and beyond at every point and we couldn’t be happier. His attention to detail, problem solving and honesty are all top notch. Thanks again Josh!!
- Angel Gore
- Geoffrey HarperJosh did an amazing job of seamlessly guiding us through the process of selling our recently. His attention to detail and constant communication made us feel so confident and comfortable during a tough sellers market....and all at our asking price. Josh is one of those rare Realtors that actually follows through on what he says he will do. I would highly suggest you contact him for any real estate needs....you wont be disappointed!
- Roxanna MenzelJosh was everything you could ask for in a realtor. Informative, prompt, and my best interest in mind throughout the process. Took me on house showings a number of days to find the right fit, ultimately helping me score a home with considerable equity and potential. Would recommend to any of my friends or family. Thanks Josh!
- Phil LebedaJosh is pleasant to work with, is very knowledgeable about the industry, and knows how to connect with the right people to make dreams a reality. He has assisted one of my daughters locate and purchase a home, me some vacant land, and has sparked interest with my other daughter in purchasing some land. Highly recommended by me and my family!
- Channin GladdenJosh helped me buy my first home in the Denver area. He helped me learn the area, and he made recommendations that were spot on. As a woman buying a home on my own, I appreciated that he was empathetic, and I always felt respected and listened to. He also helped me find a lender who had the same qualities. I highly recommend Josh and will definitely use him the next time I need a realtor.
- Lee RiddleI was so grateful for Josh! 2022/2023 was a rough year to try to buy a home, but it was time and Josh was patient with me. He was realistic, knowledgeable, professional and I always knew he had my best interests at heart when picking my home. I will definitely be using his services again in the future!