Tag Archives: Property Management

Mavi Unlimited Can Help You!

What do Property Managers do?

Property Managers provide the necessary tools to build, repair, and maintain a residential or commercial unit for rent. One of the most important aspects is providing a liaison between the owner and tenant.  Other faucets include  managing the accounts and finances of the real estate properties, and participating in or initiating litigation with tenants, contractors and insurance agencies.

Mavi Unlimited is dedicated to helping you with your investment! www.maviunlimited.com

Attention All Renters

The staff at Mavi Unlimited values your opinion and what is important to you. We want to know what makes or breaks your decision when it comes to signing a lease or keep on searching.

How important are the following elements when it comes to finding the right place to live?

  • Location
  • Price
  • Square Footage
  • Appliances
  • Having a Washer/Dryer in Unit
  • Neighbors
  • Appearance of the Unit/Building
  • Closet Space
  • Floor Level
  • Pool
  • Patio/Balcony
  • Yard
  • Furnished/Unfurnished
  • On/Off Site Management

These are only a of couple items that renters consider when seeking for their ideal living space. Share with Mavi what is most important to you!

Denver Housing Market = “Most Improved”

According to a recent report from Bloomerg Businessweek, Denver has earned a spot as the “most improved U.S. housing market.” Jim Nussbaum, a broker associate for Kentwood Real Estate in Greenwood Village states, “We never went up as fast in terms of value, and we never came down as fast. Last year, [buyers] were like deer in headlights—they were afraid to move. When the stock market improved, they started to feel better.”

The article also attributes Denver’s improved housing market to “an influx of renewable energy companies” which are creating new jobs.

Click here to read more.


The 1970′s Called… Their Mortgage Rates are Here!

If you missed out on the $8,000 home tax credit, don’t worry, here is another great opportunity!

According to Denver Real Estate Agents and Finance Guru’s, mortgage rates have hit a record low.  According to the mortgage company,  Freddie Mac,  “The average rate for 30-year fixed- rate loans dropped to 4.69 percent, from 4.75 percent last week.” Rates have not been this low since 1971!

Mortgage rates have dropped because of several reasons. One being the “turmoil in the stock market and the European debt crisis” (read more) and the second Margaret Jackson of the Denver Post explains that “Mortgage rates have fallen over the past two months as nervous investors have shifted money into the safety of Treasury bonds. The demand for Treasurys has caused Treasury yields to fall. And mortgage rates tend to track the yields on long-term Treasurys” (read more).

Experts are saying now is the time to buy because when the economy starts to show “sustained improvement” you can count on rates going up!

Home Improvements

Spring is here! For many of us that means spring cleaning and home maintenance. However, home repairs can be pricey and add up fast.  After some exploring within the home improvement realm, the DIY (do it yourself) website has great tips on improving any aspect of your home and can keep you on track with your budget. (read more). 

Denver Home Prices on the Rise

The IAS, (Integrated Asset Services) a Denver-based default-mortgage services company, affirmed that Denver-area single-family home prices have risen to 5.6% from a year ago. Despite the rise in home prices, the IAS also notes that “metro-area home prices are still below their 2006 peak by about 7.4 percent.” (Read more)

For the full IAS House Price Index Report click here.

Good News for Denver’s Vacancy Rates

The Colorado Real Estate Journal is predicting positive growth in Denver’s vacancy and economic markets in 2010.

“MULTI-FAMILY BUYERS MUST BE CREATIVE IN YEAR AHEAD”

Mark Favro, part of the team at the Colorado Real Estate Journal, predicts the year of 2010 to bring growth to the Denver apartment market, decreasing vacancy rates to 7.51%. Favro states, “Approximately 4,500 new units were delivered in 2009 and fewer than 2,100 units are schedules to be delivered in 2010, after which time new construction will be minimal. This lack of new construction coupled with positive job growth, or at least stemming job loss, should continue to decrease vacancy rates and apartment owners again will have the ability to increase market rents and decrease concessions offered to tenants by late 2010.” With vacancy numbers running as high as 8.29% and multifamily investments down by 75% in 2009, this upcoming trend will be a welcomed change of pace.  – Colorado Real Estate Journal February 17-March 2. pg. 8AA&12AA

“SIGNS POINT TO APT. IMPROVEMENT”

D.U.’s Professor at Daniels College of Business, Dr. Gordon Von Stroh, gives a positive outlook for Denver’s vacancy rates and economy; “If our economy moves more positively, vacancy rates could have a serious drop.” Lauren Brockman of Allied Realty Services Ltd. backs Von Stroh and says “Denver is a bright spot in the country” and is “considered fundamentally one of the better markets. Denver has fairly stable rents, good occupancy and net in-migration.” – Colorado Real Estate Journal February 17-March 2. pg. 4 & 8.

We Want Your Opinion!

We want to know what you consider important features when you are considering renting. What makes or breaks your decision to sign a lease?

  • Having a washer or dryer inside (hook-ups)
  • Having the home or apartment be staged
  • Incentives to lease/buy like gas cards, gift cards, restaurant gift cards
  • Knowledgeable agents and company
  • Energy Efficiency

Let us know what you think! We ARE listening!