Jessica Lynch
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Jessica Lynch, ABR
Your Lifelong REALTOR
303.870.8395
 
Helping to Bring You
the Quality of Life You Deserve!
Empowering you with the knowledge to make well-informed real estate decisions now & in the future!
 
April-May 2008
 
 

Welcome to YOUR MONTHLY NEWSLETTER provided by Jessica Lynch, Your Lifelong REALTOR!

Dear Friend,

Hope you planted a sapling in celebration of Arbor Day this past April and enjoyed the rays of sunshine, clear blue skies and the last bit of skiing for the season! 
 
Before you know it, summer will be here and then gone as quickly as it arrived!  Now that you've finished your spring cleaning, get started on those projects you've been putting off and actually finish them by winter!  Sound like a good plan? 
 
Gardening and home remodel projects are probably at or near the top of your list, so check out the helpful articles below and visualize your shiny new bathroom and thriving garden! 
 
Look forward to that satisfying feeling of accomplishment... after the brain-wracking, page-flipping, scrapped first and second attempts, and sweaty grubby days of back aches and neck pains... just kidding!  This information below will hopefully ensure swift success or at least a smooth remodel and/or gardening experience!
 
As always, it is my pleasure to provide you this information and help bring you the quality of life you deserve.
 
The Very Best of Success and Happiness to You!
 
Jessica Lynch, ABR
Your Lifelong REALTOR
 
Monthly Mile High Market Watch (April)
 
ECONOMIC INDICATORS

· Metro Denver added 7,100 jobs between January and February; YTD employment remains 2% over February 2007. Of 11 industry sectors, only Finance and Manufacturing reported declines. Education and Health Services lead category growth rates with 4.1% increases. Nationally, job growth stands at 0.7% over last year at this time.

· Colorado's high-tech sector lost jobs for a fifth straight year, one of only three states to post such a string of losses. Even though Colorado lost 47,200 tech jobs (23%) between 2001 and 2006, the state retained its No. 3 ranking for states with the highest concentration of tech workers.

· Even though Colorado ranks 10th in personal income, that factor grew only 3.9% in 2007 - 45th in the nation and below the 5.2% national growth average.

· Metro Denver's unemployment rate held at 4.7% - higher than the year-ago 4.3% figure but better than the national average of 5.2%.

· Manpower's Employment Outlook Survey now says 22% of Denver-area employers say they expect to add workers in Q2 2008 - down from 27% in Q1 and 42% a year ago. On the up side (sort of), the percentage of employers

expecting layoffs fell from 14% to 7% for Q2 2008.

· December's seasonal retail sales increase helped Metro Denver finish 2007 9% ahead of 2006 in total retail spending - the largest annual increase since 2000.

BoulderCounty (+15.3%) and AdamsCounty (+14.6%) led the way in spending growth while Arapahoe (+6.2%) and Jefferson (+6.0%) grew the least.

· Early returns for February consumer spending indicate a national increase of just 0.1% - the poorest showing since September 2006. With inflation factored in, spending was flat in an extension of 0.6% Q4 2007 GDP growth compared to 4.9% in Q3 2007. On top of that, that minimal gain reflects primarily the higher

cost of gasoline.

· Thanks to food and fuel, Q1 2008 inflation will likely be in the 4% range. U.S. food prices rose 4% in 2007, the highest in 17 years. Core inflation, which excludes energy and food, was actually flat in February after a 0.3% rise in

January.

· Consumer Confidence in the Mountain Region declined from 122.8 in January to 104.9 in February as most economic outlook indicators weakened. At the same time, the US Consumer Confidence Index fell to 75 - a 16-year low.

· In a related Pew Research study, over half of middle-class American consumers say their economic situation has not improved or has gotten worse in the past five years - the worst since this question was first asked in 1964.

· While the DOW fell 0.4% between February and March, the Bloomberg Colorado Index gained 1%. Throughout 2007, Colorado-based stocks consistently outperformed Wall Street. (The Bloomberg Colorado Index is a price-weighted index that includes 115 Colorado companies.)

· Bucking the international trend, Colorado mergers and acquisitions looked strong in Q1 2008. 77 deals (10 more than Q1 2007) worth $5.4 billion were closed.

· Real estate seeing the corner? Metro Denver home sales inched up 0.5% from January to February while sales at the national level rose by 2.9%. Metro Denver sales are 9.7% below the YTD total a year ago. Nationally, inventory declined to a 9.6-month supply, but sales are still 24% below a year ago. Our increased number of homes under contract might also suggest the Denver market could be re-gaining momentum.

· Median home prices nationally are down 8.2% to a year ago, but down a more moderate 1.8% over the full year. Denver home prices were off 1.6% in 2007 compared to 2006 as a whole, but down 9.9% comparing March to March. But out of the nation's top 20 markets, Denver home prices are performing 7th best.

· Real estate impacting mobility and employment? Clearly a factor - the Census Bureau reports that people moving across state lines in 2007 fell by 27% as unsold homes and falling home values tie down would-be transplants.

· Metro Denver saw nearly 7,500 foreclosure filings in the first three months of the year, a 16% increase over Q1 2007. Even though the rate of the increase is moderating, Colorado still ranks 5th in foreclosure activity.

· Metro Denver's residential building permit activity in January was less than half the year-ago total - only 637 units. 2007 saw the lowest level of new residential construction in 16 years. Housing starts nationally are down 11.9% for the past month alone as home building fell for a record 24th straight month.

· Real estate isn't the only soft spot. Automaker's 2008 Q1 financials are out, and

it's nothing short of brutal. Ford down 14.3%. Land Rover down 16.6%. Volvo down 13.1%. GM down 19%. Chrysler down 19%. Not even the top import brands were immune. Toyota down 9.8% and Honda down 3%. Industry

analysts say that Q2 could be even worse and lead to the lowest sales totals in at least a decade.

· Metro Denver's rental vacancy rate increased slightly to 6.1% in Q4 2007, but the overall vacancy rate remains the lowest recorded since 2001. Averaging $860, rental rates remain relatively stable overall, up only 0.8% from the 2006 average.

Slowing job growth and more moderate rental marketing seem to be keeping the market in check.

· Metro Denver's office market vacancy rate remains unchanged at 13%. The average lease rate of $20.32 is also stable. 1.38 million sf of office space (58 buildings) were completed in 2007 and 66 buildings (another 3.36 million sf) are currently under construction. 

· The industrial market follows the same flat year-end trend. Vacancy rates are unchanged at 5.9% and average lease rates are steady at $5.04 per square foot. 29 industrial buildings (1.67 million sf) were completed in 2007 (70% of that in Adams County alone) and another 21 buildings (1.8 million sf) are currently under construction.

· Impacted by weaker consumer spending, the retail market continues to exhibit softness that could prompt price declines. Vacancy rates moved up slightly to 7.3% and lease rates fell to $16.60. 41 retail buildings (1.6 million sf) were completed in 2007 and another 81 buildings (6.3 million sf) are currently under construction.

Gardening in the Merry Month of May
 
"Mist in May, Heat in June, Makes Harvest Come Right Soon!" 
 
The merry month of May is a time when the weather can either turn your garden into an Eden, or a wasteland. Be aware of the weather forecasts and trends.

Gardening guides and hardiness zones are based on past years averages, and can't predict a freak frost or snowstorm, or a prolonged spring drought. If a frost or cold weather is in the forecast, protect your tender plants with a mulch, newspapers, light cloth or some type of overnight protection or a frost cap made with clear poly film tented over the plants. (Be sure to remove the plastic tent as soon as the danger is over or your plants will bake in the sun).

On the other extreme, if the weather is sunny and dry, don't neglect your watering. Most flowers and shrubs need about an inch of water each week to perform well, and newly planted seedlings will perish if their roots are allowed to dry out.

May is also a time of gardening inspirations and dreams. Look around yourself and notice what your neighbors are growing in their gardens and what they are creating in their landscapes. Think of how you might utilize some of their ideas along with your own brainstorms to make your garden just a lil bit better.

Shrubs and Trees

  • It's still not too late to fertilize your trees and shrubs. Use a 'Rhododendron' or an 'Evergreen' type of plant food to feed evergreens and acid loving plants like Rhododendrons, Camellias, Azaleas, and Junipers, etc. Use an all-purpose garden fertilizer (10-10-10) to feed roses, deciduous shrubs and trees. Be sure to water the fertilizer in thoroughly after it is applied.
  • Early flowering deciduous shrubs such as Forsythias, Weigela, and Spiraea should be pruned back when they have finished blooming. Cut back a third of the oldest canes to ground level, then cut back one third of the remaining branches by one third of their height.
  • Remove the wilting seedheads from Rhododendrons and Azaleas, so that the plants energy can go to foliage growth and next years flowers, rather than seeds.
  • Work lime in the soil around your Hydrangeas to produce pink flowers or Aluminum Sulphate for blue.
  • Remove any sucker growths from fruit trees as soon as they appear.
  • Keep a vigilante eye on the roses. Keep them sprayed for aphids and other pests and diseases such as black spot.
  • Pines and other conifers can be kept to a compact size by pinching off the new growth 'candles'.
  • Lilacs should be pruned lightly after they finish blooming, removing sucker growths and dead blooms.. Feed lilacs in May with a good all purpose 10-10-10 fertilizer after they have finished blooming. If your soil has an acidic pH, work a little lime into the soil as well.

Perennials, Annuals and Bulbs

  • Dahlias, Gladiolas, tuberous Begonias, Lilies and Cannas and other summer flowering bulbs can be planted this month. Gladiolas bulbs may be planted at 2 week increments until the first of July to provide you with cut flowers until the first frost.
  • Delphiniums, Phlox, Daylilies, Carnations, Aubrietia, Candytuft, Basket of Gold, Primroses, Coral Bells and Saxifraga and other summer flowering perennials may all be set into the garden any time in May.
  • Break off wilting Tulip or Daffodil heads but continue to feed and care for the plants until the foliage has died back naturally. Old plantings of Daffodils may be divided and moved when they have finished blooming, but treat them as growing plants and use care to protect the foliage and roots. Water them thoroughly after transplanting. It is best not to dig or move other spring flowering bulbs until their foliage has ripened and died back.
  • Pansies, Snapdragons, Dianthus, Petunias, Geraniums, Fuchsias and Impatiens should be ready to plant by mid month. Toward the end of the month, it should be warm enough to plant out the more tender annuals like Salvia, Zinnias, Marigolds, Lobelia.
  • Lightly sidedress perennials with an all-purpose 5-10-10 or 10-10-10 fertilizer. Avoid spilling the fertilizer on the plant, and use care not to damage the shallow roots when you cultivate it into the soil.
  • Setting the stakes next to your taller flowers early in the season, will help to support the plant against winds as well as making it easier to 'train'.
  • Promptly remove spent flowers from any plant unless your intent is to harvest the seeds. It consumes the plants energy to produce the seeds, and in many species of plants (especially annuals), removing the dead flowers will promote further blooms.

Fruits and Veggies

  • Carrots, lettuce, potatoes, corn, beans, peas and most popular vegetables (with the exception of the warmer weather crops) can be seeded or planted into the vegetable garden at any time now.
  • Wait until mid to late May before planting the warmer weather crops like tomatoes, squash, cucumber, pumpkins and peppers.
  • With a little luck, you may begin to see the first fruit on your strawberries by late this month. The birds will enjoy them very much if you don't provide some protective netting over them. Newly planted strawberries should have the blossoms picked off until they become well established.
  • Gourds may be planted late in the month, if your growing season is long enough. .

Lawn

  • May is a good month to repair your lawn. Fill in the bare spots by slightly loosening surface of the soil and sow a good quality lawn seed over the area evenly. Tamp the seed in gently and water. Keep the patch moist by covering with light mulch of lawn clippings.
  • This is the time to eliminate lawn weeds by hand pulling, or the application of a 'weed and feed' fertilizer.... before they go to seed!.
  • Setting your mower for a higher cut during the spring months will help the grass to grow in fuller and help choke out the weeds.

House Plants

  • Check to see if your house plants are rootbound. Water them thoroughly and carefully remove them from their pots. If the roots have compacted around the outside of the rootball, it is time to repot.
  • Carefully examine your houseplants for pests and problems. It is much easier to fight an insect infestation or disease in it's early stages than to wait....
  • As the growth rate of your house plants increases with the seasons, adjust your feeding schedule to provide additional food. Feed your plants a good all purpose house plant food at half of the manufacturers recommended rates, increasing the proportion slightly to accommodate growth spurts. Overuse of fertilizers can cause root and foliage burn, as well as the death of the plant.
  • Mist your plants regularly. This adds to the humidity, keeps the leaves cleaner and healthier, and helps to prevent spider mites.

Odds and Ends

  • Slugs and snails are out in full force right now. Be sure to take steps to control them now, before they have a chance to reproduce and devastate your garden.
  • The first flowers you'll see will be your weeds. Work to eliminate the weeds (roots and all), before they have a chance to go to seed, or you will be fighting them for years to come!
  • If the weather refuses to cooperate with your gardening plans, and your seeds have refused to germinate due to cold and wet conditions, you may want to consider replanting a reserve crop (Just in case....)
  • The compost pile should be getting a lot of use these days, both in utilizing this prime garden resource, and adding fresh garden refuse to it. The compost pile should be kept damp. Frequent turning will turn your garden waste into flower food much faster.

Please see www.thegardenerhelper.com for more wonderful information to assist you in successful gardening!
 
Top Trends in Bathroom Design

 
Top Trends to Turn Your Bathroom into an In-home Retreat

One way to "get away," and at the same time enhance a home's value is to turn the bathroom into an in-home retreat. In fact, making the bathroom a place of retreat is one of today's most popular home remodeling projects, according to Homestore.com, as homeowners look for relief from hectic lifestyles and choose to spend more time at home.

As the country faces tough times, homeowners are focusing their spending on the home to make it a secure, comfortable environment according to a Unity Marketing study.

According to the American Standard Bathroom Habits Survey, Americans revealed that they would spend between $2,500 and $7,500 to remodel and decorate their bathrooms. Thirty percent would be willing to spend more than $10,000 to make their bathroom the ultimate dream bathroom.

"Homeowners want a beautiful, relaxing space they can call their own," says Gary Uhl, director of industrial design for American Standard, the world's leading plumbing products manufacturer and distributor. "To make the bathroom a personal retreat, homeowners are expanding the size of bathrooms and adding whirlpools and more decorative fixtures."

"The bathroom is becoming more of a centerpiece in the home with design trends ranging from the bold and colorful to the simple and elegant," says Jim Krengel, one of the first certified bathroom designers.

Krengel and Uhl suggest homeowners consider the following five trends when turning their bathrooms into a personal, relaxing retreat.

1. Bathroom Size

The number one bathroom design trend among homeowners is making the room larger. Homeowners are knocking out walls to make the current bath more functional and comfortable.

"Today the bath needs to be big enough to accommodate everything homeowners want to include," says Krengel. "Bathroom furniture and a separate shower and bathtub are emerging as hot items in today's bath."

2. Fixtures Add More than Function

Today's homeowner is looking to make the bath more comfortable, stylish and personal by using fixtures with more than one function. One popular trend is the separate shower and bath. A separate bath provides more flexibility in choosing a tub -- whether a free-standing bath or a relaxing whirlpool.

According to the American Standard Bathroom Habits Survey, a majority of Americans choose a whirlpool as the number one item they want in their bath. American Standard's whirlpools have ergonomically correct head and arm rests for maximum comfort and strategically positioned jets to create ultimate relaxation. Their whirlpools come in a variety of sizes including corner pools, such as the Savona Corner Whirlpool, that will fit discretely into the corner of a smaller bathroom.

"Another hot trend in fixtures is above-counter sinks that serve as a sink as well as displayed art," Uhl says.

The Striata and Carnivale above-counter basins by Porcher are great examples. The Striata is a fused-glass basin in jewel tones that turns the bathroom into a showcase. The Carnivale, crafted of brilliant artisan-made glass, blends striking designs with bold colors creating the ultimate fixture.

3. A Recliner in the Bath

Today's bathrooms are equipped with more than just the traditional bath and sink. As homeowners increase the size of their bathrooms, they are experimenting with armoires for storage, music or television and chaise lounges for reading and relaxing.

Vintage furniture is also making a splash in the bathroom. Homeowners are using vintage pieces as vanities or for more decorative purposes such as a towel rack or sitting chairs.

Many manufacturers are creating fixtures that look and feel like furniture. For example, the American Standard Enfield Suite showcases a freestanding tub large enough for two encased in a wood frame.

4. Rocks, Wood, Glass -- What Else?

Combining different materials is another hot design trend. Everything from glass, chrome and china can be found in baths across the country.

"Glass and chrome are popular materials emerging in today's bathroom fixtures," says Uhl. "For instance, decorative glass above-counter basins in bold colors bring art into the bath."

American Standard's Dune Console Lavatory combines a number of materials, including marble, wenge finish wood drawers, chrome frames and a glass shelf to provide artistic flair.

Glass tile is emerging as a favorite material for the bath. Homeowners are designing showers with glass tile in ocean colors to create a warm, relaxing atmosphere. Many homeowners are opting to combine glass and porcelain tiles to create accents or borders that are more affordable.

Believe it or not, stainless steel also is making its way into the bath. Designers are incorporating stainless steel in everything from the sink to the medicine chest to the bathtub to shower walls. The look of stainless steel is fairly cold, so to help soften the look, a natural stone element in the room can add warmth and a contrasting texture.

5. Adding a Little Color to Your Bathroom

Although white is still the most popular fixture color according to Uhl, homeowners are looking for other colors that will remain timeless.

"Adding a little color to a bathroom is as easy as a hand-painted sink or a new paint color to the walls," says Krengel. "Homeowners need to choose a color that suits their personality but also fits the type of environment they are looking for."

The latest color trends are running the gamut. Natural colors are the most versatile, but designers are incorporating some bolder colors such as red and blue as well as deep forest and emerald green and terra cotta and rust. These colors are used in everything from the paint to the sink to decorative tiles.

For homeowners who aren't confident in their design capabilities, Krengel suggests calling on a professional designer. "It's better to get the expert advice ahead of time, instead of after a project has gone horribly wrong."

 
 
Please see www.abathroomguide.com for more great information to help you achieve a successful bathroom remodel!
 
The Real Estate Connection
 
 
 
Please help me sell these wonderful properties:
 
www.BagFactory8.com
***Contemporary Chic Bag Factory Loft in Ballpark District/LoDo Denver with Stunning Mountain & City Views!!!***Walk to Coors Field, Downtown Business District, parks, walking/biking trails, shopping, restaurants, nightlife and much more! City loft living at its finest close to the best Denver hot spots!
 
***Most stylish and affordable semi-custom patio home in North Denver!***Spectacular style and soaring vaulted ceilings with light & bright open floor plan and custom features throughout make this beautiful low-maintenance home a must see! 2702 total square feet, 2 master suites, main floor master, 42" oak kitchen cabinets and so much more!
 
***Peaceful & Charming 2-Story Home in Frederick's Darling Savannah Neighborhood***Only $160K! Private & Quiet Cul-De-Sac Location, Newer Paint & Carpet, Open Floor Plan, Epoxy-coated garage floor! Come see today!

View all my featured listings at my website:

www.QualityofLifeRealty.com 
If you or someone you know has a real estate need, I am always available and more than happy to help!  I assist home buyers and sellers daily and would feel privileged to help your friends & family! 
 
The Very Best of Success & Happiness To You & Yours!
 

Jessica Lynch, ABR
Your Lifelong REALTOR


IN THIS ISSUE
Monthly Mile High Market Watch (April)
Gardening in the Merry Month of May
Top Trends in Bathroom Design
Featured NEW Property Listing
Mortgage Calculator
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My Listings
Just Sold Properties
Join My Mailing List
Quick Links
 
Feature Property Listing
 
2715 Blake St #8
 
*****JUST LISTED*****

Stunning mountain & city views framed by vast picture windows plus modern chic style welcome you home to easy city living close to Denver's best hot spots!

Walk to Coors Field, Downtown Business District, nightlife, restaurants, shopping, walking/biking trails, parks & so much more!  

Enjoy watching sunsets or mornings sipping coffee on your peaceful patio while next to a flowering garden... grow your own flowers, herbs & veggies right here in the city!  

The vast picture windows and front entry French doors create a light & bright open living room, dining and kitchen area... an entertainer's haven!  

  • Master Suite Loft with Private Full Bath & Large Walk-in Closet
  • Main Floor Full Bath
  • 16-foot ceilings
  • Stainless steel appliances, Updated lighting
  • Granite countertops with travertine tile backsplash in kitchen & bathrooms
  • Original wood beam factory ceiling
  • Tile, wood & stained concrete flooring
  • Huge island/breakfast bar
  • Deeded covered parking with remote-operated security gate
  • Secure gated building
  • Bonus Main Floor Laundry Room/Walk-in Pantry/Private Study or Work Shop
  • and Much More!
 
See the Listing Website for full details about this incredible loft in Denver's Ballpark District/LoDo area!
 

 

 
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Jessica Lynch, ABR
Your Lifelong REALTOR
303.870.8395
Helping to Bring You the
Quality of Life Realty!
 
 
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Prudential Colorado Real Estate
Cherry Creek
360 S. Monroe, Suite 500
Denver, CO 80206

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