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Colorado Dream Homes Blog: colorado real estate

Good Reason to Make Your Home More Energy Efficient!

With Fannie Mae's HomeStyle Energy mortgage, borrowers can finance up to 15% of a home's "as completed" appraised value for energy efficiency improvements by receiving a Home Energy Score.
• Borrowers in this program can also qualify for a stretch on their debt-to-income ratios for homes that score a 6 or higher, or for making improvements to a less efficient home.
• The Federal Housing Administration (FHA) has a similar policy that allows larger debt-to-income ratios for high scoring homes.
• These policies reflect the fact that more efficient homes have lower operating costs.
• Colorado is going a step further as the first to tie financial incentives directly to the Home
Energy Score.
• To sweeten the deal at time of purchase or refinance, Colorado is offering $750 for every one-point improvement a borrower makes on the Home Energy Score, up to $3,000 for a four point jump in Score.
• The state hopes these financial incentives will attract more borrowers who are interested in making improvements they otherwise couldn’t afford or might overlook.

3 Colorado Towns That Have Median Home Values Over 1mil

Only 3 Colorado towns had median housing values over $1,000,000, and Aspen wasn't one of them????

Actually, Aspen came in 5th!  And what the heck is Columbine Valley?  That isn't even a Colorado town.  

This article in the Denver Business Journal is fascinating.  How cool would that be to say your town's median home price was over ONE MILLION DOLLARS?  Yes that would carry a certain level of prestige.

Of course, the reason Telluride, Greenwood Village, and Snowmass Village can pull this off is that they are relatively small communities, and when you are talking about averages its easier to rank high when the populations are smaller.  You'd never see Parker CO or Castle Rock CO in there.  The best you could ever say was that some individual communites within those towns had the median price over 1 million.  But even then you have to think hard about what communities to list, because even the most expensive communities have been hit by foreclosures.  

For Parker, you could list Centennial Ranch and the Colorado Golf Club only.  For Castle Rock, you would only have Castle Pines and that's it.   

This site includes valuable information on Parker Colorado real estate and homes for sale, Parker CO homes, Elizabeth CO homes, and Castle Rock CO homes. Our Realtors can help you buy or sell Parker CO real estate and Castle Rock CO real estate. People who search MLS home listings, whether relocating or buying a first home in Parker CO, Castle Rock CO, and Elizabeth CO, will find useful information on real estate, home for sale, luxury homes, and horse property and golf course homes, with additional information on schools and regional highlights. 

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