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The town of Parker in Colorado, located at the southernmost part of the metropolitan area of Denver, has undergone a rapid growth in the past ten to fifteen years. As a result of this, the real estate market of Parker has also experienced a marked change.

Because Parker is located in the metropolitan area of Denver, it gives you access to all the modern amenities right from a good transport system to a good educational infrastructure for your children to luxuries for you to indulge in. Naturally, this makes houses in Parker, Colorado an obvious choice among prospective real estate investors.

A clear sign that Parker’s growth has attracted more people to live in this town is that its population has increased from 23,558, as measured in U.S. Census 2000 to an estimated 43,767 in 2008. This increasing popularity is another sign of the flourishing economy of this town. This clearly is another sign that investing in houses in Parker, Colorado is a good decision.

Parker is served by the Douglas County School District. There are a number of private and public schools in the region that will most certainly impart the best of education to the children going there. The town is also served by a government that is dedicated to providing safety to all its residents as well as all necessary services. The communities offer various activities that are sure to make your life a lot more fun and enjoyable. The town has a recreation center where all the residents can go. There are also numerous jogging, biking and hiking routes in the town that are good for fun filled activities.

All these and other various features make houses in Parker, Colorado popular among buyers. If you are thinking of buying a house in Parker, Colorado you must conduct a proper search so that you are able to strike a deal that maximizes your gain. You may choose from foreclosures, ranch homes, townhomes or condominiums to apartments and new homes. A condominium in Parker will range from $89,900 to $325,000. The current median price of condos is $174,487. Median price of foreclosures is approximately $233,702. Foreclosure prices have experienced a fall in price by 1.3% in the recent time. Home prices have gone down by as much as 5.8%, the median price of homes in Parker now being $325,000. With the real estate prices going down, this would be a good time to invest in Parker homes.

The real estate agent’s knowledge about the local communities will help you judge each property and make the correct choice. With the help of an expert real estate agent, you will be able to conduct you property search efficiently and find the property that fulfils all your needs and also fits into your budget.

Santosh Manjrekar is one of the founders of VeryNiceHomes, along with his dedicated team of realtors, has been in the real estate business for over 20 years now. His long list of satisfied clients would vouch for the fact that he does indeed live up to his tag line, which reads ‘he always finds the nice ones’. He also provides great offers such as loans with very low interest rates. If you are looking for Houses for Sale in Parker, Colorado then visit my site: verynicehomes.com.

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Hey Readers! I’ve been comin across some crazy stuff the past few days from a few different blogs around the web which I just had to share with you. Check em out below…

Homes for Sale in Comox, British Columbia $469900

2363.00 sq. ft. Homes for sale in Comox Comox, British Columbia. For sale at $469900.0000 CAD. 2413 Tutor Drive, Comox.

Homes for Sale in Metrotown, Burnaby, British Columbia $358000

1065.00 sq. ft. Homes for sale in Metrotown Burnaby, British Columbia. For sale at $358000.0000 CAD. 6540 Burlington Ave Buirnaby BC, Metrotown MLS V827215.

Homes for Sale in North Nanaimo, Nanaimo, British Columbia $459900

1819.00 sq. ft. Homes for sale in North Nanaimo Nanaimo, British Columbia. For sale at $459900.0000 CAD. 206 Seven Oaks Place, North Nanaimo MLS 295940.

Hope you enjoy the read as much as I did and please if you have something to say, use the comments form below to let everyone know your thoughts.

Have a great day!

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Who says that bigger is better?

The affordability indexes of all large urban centers in the United States and Canada are reaching disproportionate levels these days, ranking North America in third place after East Asia and Europe on the scale of the world’s most unaffordable places when it comes to housing. Tokyo and Hong Kong, with an average resale value of U.S.$1,100 and U.S.$900 per square foot approximately have turned into cities of sardines, with people reduced to live in 300 square foot cubicles to afford a roof over their heads. And here in North America we are poised to follow suit pretty soon.

The affordability crisis is a very serious matter indeed. It has economic, political, social and demographic reverberations and repercussions. The primary culprit and cause of the crisis is the ratio between wages and real estate market values. This ratio is entirely skewed to values. Whereas, for example, market values in metropolitan areas in Canada have appreciated an average of fifteen percent per year for the past five years – or a total of seventy-five percent since 2001, salaries have increased an average of four percent per annum – or twenty percent total. There is, therefore, a fifty-five percent gap, which accounts for the problem buyers are facing today when it comes to go to the bank and qualifying for a loan.

In the past few years consumers have tried to obviate to the crisis of affordability by relocating or purchasing farther away from the urban core. But with prices of gasoline higher today anywhere from twenty to twenty-five percent than they were in 2004, and with the expectation looming on the horizon that price of crude will top the $80 per barrel in the relatively near future, long commuting is increasingly putting a dent in the convenience of living well out into suburbia. Additionally, researchers peg the cost per bbl. at a staggering US $100 by 2010. If this condition will occur, the average consumer will pay US$60 for a tank fill up in 2010 as opposed to US$40 today. Moreover, the oil industry anticipates that the world global output will have peaked by the year 2015, which then is a sure sign that from then on the US $100 per bbl. price tag will be there to stay for a very long time.

As such and in light of the foregoing, cities in North America, which are already energy inefficient, are destined to become even more and more so. It is going to cost too much to commute from one side of town, where one lives, to the other side of town, where one works, even with carpools or public transit. It will become too expensive to heat and light 2,500 square foot homes when, in fact, most people can enjoy them only in their free time over the weekend. A recent study undertaken on behalf of the US Department of Energy details that home heating costs can be expected to skyrocket in the forthcoming years. For example, the Department of Energy predicts that homes heated with natural gas could see their fuel costs explode by as much as 48 percent by 2007. And the cost of home heating oil could surge by up to 32 percent. It is the general consensus, therefore, of those involved in economic anticipatory forecasting, that by the end of the decade consumers will mostly demand smaller living quarters, and more affordable.

For all the foregoing reasons, municipalities across the continent are focusing on developing a number of new housing types, and testing their feasibility. Work includes an extensive review of small-scale housing projects across Canada and the United States, as well as discussions with local housing developers about economic viability and marketability. These new housing types are also reviewed and refined in consultation with staff from Planning, Engineering, Housing, Real Estate, Fire Prevention officials and City Building inspectors.

Often overlooked, but an important design consideration affecting the total energy used by the home, is the size of the home. Recent statistics compiled by the US Department of Energy show that new homes on average use more energy than older homes, partially due to larger size, increased use of air-conditioning, and the widespread use of numerous electronics. While home size will likely be determined by factors other than energy efficiency, considerations are now on the drawing board as to whether the same function can be delivered in a smaller package. The general idea behind all these efforts is to provide additional capacity for ground-oriented housing. The hope is to offer a more affordable alternative to the single-family home, while maintaining many of the desirable qualities of this type of housing. Providing these choices within the city core is important to long term growth and sustainability.

The basic parameters guiding the writing of the new construction projects vary from town to town, and take into account factors such as density, size and values of existing developments, as well as anticipatory demand based upon public response obtained by random surveys, which show support and interest for similar forms of housing. Plus, guidelines are laid out to ensure attractive building design, quality materials, landscaping and neighbourhood fit.

For example, a Policy Report and Project Study undertaken here by the City of Vancouver for the Standing Committee on Planning and Environment to put up one such type of housing development in the Kingsway and Knight Corridor – pretty much in the centre of town – has determined the following guidelines:

[ ] a 4.9m (16 ft.) front yard per lot;

[ ] a maximum height of 2.5 storeys and 10.7m (35 ft.) per single-family dwelling;

[ ] parking at grade, accessed from the lane or the courtyard;

[ ] typical unit sizes of 60.4m2 to 130.1m2 (650 to 1,400ft.2) depending on site size;

[ ] construction cost estimated at CAD $110.00 per sq. ft., or between CAD $71,500 and CAD $154,000 per dwelling, depending on size and inclusive of developer’s profit;

[ ] estimated selling price per unit between CAD $270,000 through CAD $350,000.

More importantly, the City of Vancouver anticipates that over a 20-year period, the redevelopment of the entire neighbourhood would generate approximately 800 net additional units for 2,500 more residents, over and above what might be expected if the zoning were to remain unchanged.

Architects and home designers are coming to grips with the realization that comfort has almost nothing at all to do with how big a space is but, rather, that it is attained by tailoring our houses to fit the way we really live. This, coupled by the opportunity given to contain an ever more rampant crisis of affordability, makes the concept of mini-houses a sure winning bet with real estate consumers in the very short term.

Luigi Frascati

Luigi Frascati is a Real Estate Agent based in Vancouver, British Columbia. He holds a Bachelor Degree in Economics and maintains a weblog entitled the Real Estate Chronicle at http://wwwrealestatechronicle.blogspot.com where you can find the full collection of his articles. Luigi is associated with the Sutton Group, the largest real estate organization in Canada, and is based with Sutton-Centre Realty in Burnaby, BC.

Luigi is very proud to be an EzineArticles Platinum Expert Author. Your rating at the footer of this Article is very much appreciated. Thank you.

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