Winter 2017 Newsletter

Dear Brixton Friends,

As we kick off our first newsletter of 2017 we want to start by thanking you for reading and sharing. It has been a different start to the year with many political nuances in the midst of a busy real estate market. Our lives have also been uprooted for the third time in the year, but we hope to have landed in our future home for many, many years to come. Golden has become our home, and now we’re a quick few blocks from the city center on the hillside east of town. We love the home and the location. Our girls are in love with their school and community as they started Kindergarten this fall. We have all been unpacking and taking breaks in the city for a bite to eat, or on a few hikes to the top of Table Mountain. The yard, location, and amazing people have made it the right spot for us and we hope to be there to see the girls through Golden High School!

Eva and Ellie are great students and energetic kiddos! They are reading books, running amuck around the house and property, and always making us laugh! They have chores around the house; helping set the table, do dishes and one of their favorite projects is cooking with mom in the kitchen! They are the spice in our life and we’re starting to feel like they are growing up so fast. We are trying to slow it down with lots of family time, fun outdoors, and planning trips to see the world a little more each year. Next is Boston to see their Aunt Alyssa as they prepare for their newest family member! So fun to see the family grow!

The real estate company has a big year ahead with 30+ properties already on the list to sell! The buying team is continuing to produce happy clients in great homes (check out a few testimonials on the right sidebar!) and Brian is helping add to the extremely low home inventory by building 50+ homes with TK Morrison Construction this year. We built homes for ourselves this year, let our team build you a new home in 2017! Call us anytime to learn about what is upcoming, and learn about a few of our new projects in the following newsletter.

As always, we appreciate your contribution and support! If you know of anyone looking to buy, sell, or build new, please let us know! This newsletter is packed with information on the current market, design ideas, happy clients, social media, networking, and adding home inventory to the market! Thanks for read and enjoy!

Warmest regards,

Jenn and Brian Morrison

Market Trends

As we enter into the selling season within our market, it is harder than usual to sort out the feel of the current market. We are seeing some specific trends arise as the year gets into full stride, but there are a few unknowns. Here are a few of the unknowns we are watching:

The Current Administration – A few of the president’s first actions were to impact FHA lending by decreasing mortgage premium rates, estimating a savings of $500 for the average mortgage annually. We do not see where the congress and this administration is making any major impacts on life outside of intense media coverage and anxiety. We expect people will still move forward with life growing, buying and investing.
Interest Rates – Still very low and we don’t expect a major increase, even if they raise a few more times this year.
Home Inventory – Although it’s fun to be the most popular city in America, we also need the have the housing and affordability to sustain it. On top of that, we need to see job growth and income increase to support it. We anticipate good appreciation this year in Denver, but we also see it tapering off and stabilizing more obviously in the second half of 2017. However, if home inventory stays so low, prices may continue to rise even more than expected.

We are seeing some of our previous predictions becoming a reality in the market:

Neighborhood Focus – People are wanting to live closer to community and less in large developments. We are seeing smaller new home developments and a continued focus on buyers wanting to be in neighborhoods that feel authentic to them, where they can walk to locally owned restaurants and shops, and where they can attend local events year round.
Light Rail – Communities and people are moving closer to transit. We are seeing new developments pop up near light rail and the use of light rail at an all time high. Millennials are moving to Denver and prefer city center areas that are high cost or high rent, but slightly outside of the city centers we anticipate growth around light rail communities to make it an easier, car-free trip into Denver.
Marijuana – Colorado created a new industry with legalizing recreational marijuana which led to jobs and more people moving here. Although hard to track, we have seen states that legalize marijuana have an increase in traffic moving to the state. This increases prices by putting pressure on an already tight home market. Cities that legalize it have seen improvements in value, but negative impacts if they have large grow houses. It will be interesting to watch how more of the boutique retail shops move into neighborhoods and if they make an impact at all.

Overall, Denver is still doing very well with real estate value, if anything it is stabilizing to a more manageable point with average growth.

Looking for more home inventory? We have resources for you!

TK Morrison Construction will be building over 50 homes this year and two of our largest projects are Bachman Farm, a cul-de-sac of 16 homes in Golden and Cobalt Row, a 12 unit town home project in Denver just south of Sloan’s Lake. You can find more information and floor plans by clicking on the images below for each project.

www.bachmanfarm.com

www.cobaltrow.com

Design Ideas: Asymmetrical DIY Art

The Morrison’s had a dilemma with a space in the living room where the walls, windows and furniture were not perfectly aligned symmetrically. Here is their idea to deal with a space like that in your own home, install your own asymmetrical mirror art work!

Brixton Buzz

Anniversaries!

Half of our team celebrated their anniversary with Brixton in the last quarter of 2016. We are so happy to have so many great people on our team!

: 1 year: Adriana Fisher

: 3 years: Christa Smith

: 5 years: J.Christine Morrison

Get Social!

Brixton is now on Pinterest! Follow us at Brixton Real Estate to get ideas for interior design, cleaning tips, DIY, organization and so much more!

Follow us on InstaGram @brixtonrealestate where we are just getting started on fun photos of the business and happy clients!

We also have a Twitter account! Follow us @BrixtonRE for a sneak peak at our listings, events we’re planning and what’s happening in the market!

We are in the works of putting together videos on YouTube so stay tuned.

Holland

Overall I had a great experience working with the Brixton team. You guys gave all the right advice on financing and really helped motivate me in getting out and looking at properties. I feel like I could have spent endless hours in the real estate portal looking at properties, but having you guys schedule the walk-throughs helped me get a feel for what I was looking for. Also, when it came time to put in the offer you were available all weekend to give me advice and coach me along the process and ensure we got the offer in on time.

Derick and Shelby

“Jenn and Christa of Brixton Real Estate are the absolute best. We were referred to Jenn by friends and we are so glad we took their suggestion! There are lots of realtors to choose from but if you want someone who knows the Denver/Highlands market better than anyone else (and won’t let you overpay in this crazy market), go with Brixton. We closed on our home in June 2016 and could not be more happy. We paid significantly under list price and got into the perfect neighborhood; all thanks to Jenn and Christa. They know what they are doing when it comes to buying houses and are also two ladies we are happy to now have as friends!”

Ericka

“Moving from California to Colorado was a huge milestone for me at the age of 18. I was accepted into Regis University’s Nursing program and immediately my parents began the housing hunt. My father found Brixton Real Estate online and began to work with Jenn and Christa to find a suitable home close to the college. At first we were really worried because we only had 5 months to find a living arrangement before I needed to move in and to top it all off my parents were two states away. Jenn and Christa immediately put our worrying to rest with the endless communication and would pick me up from school to see the different homes and apartments. I was 19 at the time and I had no idea if I wanted a two bedroom apartment or a home with a small backyard. They were with me each step of the way to figure out my likes and dislikes and answered every question that I threw at them. The amazing thing is that we were able to find a Condo before the 5 months were up! My parents conducted all the finances with Jenn and Christa over the phone and I am proud to say that at 20 years old I am a homeowner.”

Diana and Jon

“This was our first home and we were surprised to find the process not only easy, but it was fun to spend time with you and Christa. We were actually sad when everything was finished! After everything was signed, obstacles started appearing for us and even though we were “done” you both were there to support us and make sure everything that was in the contract was honored. I believed your team was going to make it right, even though the issues were completely unrelated to Brixton’s services. Thank you both for being so pleasant, knowledgeable and fun to work with. We have recommended you to all of our friends who were home buying and we will be working with you when it comes time to sell.”

Jeff

“After pondering a move from CO to TN, it was the right time to do so in my life. The team at Brixton made my transition feel quite effortless in the process of selling my home. If I had questions, Jenn and Christa were more than happy to answer them for me. Purchasing or selling a home is a rare event in one’s life. But I was happy to know that the Brixton team that I had chosen was the right team to sell my home.

And to go above and beyond the call of duty they put me in contact with a realtor in my new home town of Chattanooga, TN. Within only a few weeks, the realtor and I have put together a great offer on a home and the seller has accepted our offer. The housing market here is quite busy but we were able to out bid another offer because of my realtors keen knowledge of how to make an offer outshine all others. Thank you team Brixton for putting me in contact with Amy Mullins.

Keep doing a great job. And thanks again for the referral.”

Active

3222 W 21st Ave, Denver, CO

Amazing modern design in Sloan’s Lake. Over 2500 finished square feet in each unit with sleek high end finishes. Wide open main floor with floating stair case and gourmet kitchen that boasts quartz countertops and custom Earthwoods European cabinetry. Large windows shower the home with natural light. Museum quality smooth walls throughout. Master suite with 5-piece bath, huge master closet and private balcony. Private rooftop deck on 3rd floor that is great for entertaining with mountain and city views. Additional 3rd floor indoor flex space with built-in bar. A great location on a very quiet street and only minutes from downtown Denver, Sloan’s Lake and Highlands Square.
Price: $729,900

Under Contract

13456 Via Varra #233, Broomfield, CO

Immaculate and bright, modern condo in the prestigious Vantage Pointe community! Located centrally with a second floor view and patio, garage included with additional storage unit too! This home has been tastefully updated, has a nice open floor plan, eat-in kitchen island, and has been kept in perfect condition by the original owner! Enjoy the fantastic location with easy access to highways to get around town while also tucked nicely next to open space with bike and hiking trails all around! The community has a lot of amenities including a pool, recreation center and fitness room! Great location and beautiful unit loved to perfection! All appliances included as well!
Price: 219,900

Sold

3220 W 21st Ave, Denver, CO

2222 Clermont St, Denver, CO

Amazing Craftsman in the heart of Park Hill! The perfect blend of timeless character and modern amenities fill this home! The large front porch happily greets you into a wonderful open floor plan, grand fireplace, large dining, and modern kitchen perfect for entertaining! The master en suite makes this home fit for a king and the room to enjoy (fits a California King bed too)! The finished basement adds the additional bedroom and bath perfect for the family or guests! The large yard and expansive deck add more room to relax and enjoy! Location is just blocks from coffee, shops, and restaurants on top of it all! One of the best blocks in Park Hill!
Price: $720,000

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