Denver, CO Real Estate News

By Judith Clausen, Judith R. Clausen
(Buyers Advantage Real Estate of Metro Denver)
Good news for Denver home buyers according to the chief economist for the National Association of REALTORS®.Lawrence Yun spoke to area REALTORS® yesterday (January 16, 2008) at a meeting of the Jefferson County Association of REALTORS® in Lakewood, Colorado, citing "irrational pessimism" on the part of buyers for what may be holding back a recovery in the Denver real estate market.Denver has been the canary in the coal mine since 1991 when it began to recover from the housing slump beginning in the 1980s.  Double-digit increases in value in the 1990s followed the S & L crisis, presaging a recovering housing market throughout the early 2000s in the rest of the country.  The dot com failures of the early 2000s began a downturn in the Denver real estate market in 2001, much earlier than na...
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By Steve Scheer, Highlands Ranch Real Estate - Denver Real Estate
(Realty Oasis - Metro Brokers)
Among many goals that I have for 2008 (both professionally & personally) I have added to the list to blog here much more regulary.  Making less frequent appearance here was never my intention, things gets busy and so the story goes.  But one thing I know for the variety of questions I get - is that people are reading.   And if it is information you crave, then you have come to the right place because it is information that I shall provide.  With that in mind, I have decide to regularly answer some of the questions that I get from a variety of sources.  I figure, if one person is asking (and in some cases many people) then for sure others will be interested in the answer as well.   Sometimes people ask me things in conversation in public, other times on the phone. And of course, my favor...
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By Jennifer Steck, Denver Real Estate
(Rocky Mountain Homescapes, Keller Williams, Denver Colorado)
 Here is an overview of December 2007 home sales in the Lowry neighborhood. The area is generally located between Yosemite Street (east) and Quebec Street (west), E. 11th Avenue (north) and Alameda Avenue (south). There is a small pocket that juts out to the west side. The Lowry neighborhood was developed as a result of the Lowry Air Force Base closure. It is a wonderful community that has a variety of parks, the Lowry Town Center and neighborhood activities that are scheduled year round. Lowry living opportunities range from historical homes that have been renovated to areas still waiting for the soil to be turned before construction begins. The Lowry neighborhoods are within walking distance of restaurants, shopping, parks and transportation routes. AddressSales PriceSold DateSquare F...
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By Steve Scheer, Highlands Ranch Real Estate - Denver Real Estate
(Realty Oasis - Metro Brokers)
When I can, I enjoy posting about events in the Denver area that would be particularly interesting for those new or relocating to Denver.  So if you have just moved to Colorado, or perhaps you have just never made time for this annual tradition - I highly encourage you to check out the National Western Stock Show and Rodeo.  I an remember the stock show sine I was a kid growing up in Denver myself.  And once i had kids of my own, it became an annual event for us as well. There is something at the stock show for everyone - whether its a rodeo, viewing the animals, seeing a livestock auction or an exhibitors show that interests you - you are sure to find something to interest you.  The first year we went my own kids loved the kids petting zoo and every year since then they have progressed...
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By Michael Clarkson
(Snow Coast Real Estate)
Here is a link to my "January Real Estate Update":Click HereThis Newsletter is full of interesting and useful information that I think you will enjoy whether you are a buyer, seller, homeowner, or renter.This month's issue includes topics such as: "Top 10 Tax Breaks, On The House";"Battle of the Warring Housing Price Indexes";"Smoothing The Rough Road To Refinancing";"Going Green: Easier Than You May Think";"Understanding How Federal Reserve Rate Cuts Work";Plus a roundup of December real estate activity as well as much more advice and information.I hope you enjoy this monthly newsletter. If you have any comments, please e-mail them to me. Or, if you would like to see a certain topic covered in future months, let me know that too!Sincerely,Michael Clarkson
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By Jennifer Allan
(Jennifer Allan, Inc.)
I believe a great real estate agent is a master of her market. Simple as that. She focuses on a few geographic areas and knows them inside and out. She knows, from the address, whether or not that house is on the bus route or if that condo is subject to highway noise (e.g. the west side is okay; the east side is too noisy). She knows if two-story houses are selling better than one-story houses, and she knows why. She knows if it's possible to get a two-car garage, or if off-street parking is as good as it's gonna get. During my ten year career in Denver, I focused on the Charming Old Neighborhoods, particularly Highlands/Northwest Denver. That's where I lived, worked and roller-bladed, and I knew it inside and out. Give me an address and I could almost tell you what the house sitting th...
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By Denver/Boulder Colorado Real Estate
(Real-a-Save)
If you have lived in Denver for even a short time then you've probably driven past the defunct Gates Rubber Factory near Sante Fe and I-25.  Not the most attractive sight in the world, is it?  But then you've probably heard that redevelopment is in the works.  Just Google the term "Gates Redevelopment" and see what you find.Platt Park stands to benefit tremendously from this massive redevelopment project, and many savvy Denver real estate buyers have snapped up properties over the last few years in anticipation of the coming boom.  But Platt Park is a great place to live regardless of what does or does not happen with the Gates Project.  People have been moving to this popular Denver neighborhood for a long time.  Take a closer look at Platt Park in our Denver neighborhood information p...
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By Denver/Boulder Colorado Real Estate
(Real-a-Save)
So many neighborhoods are overrated that it's hard to keep track of what the current "best neighborhood" really is.  Sunnyside is Denver's most under appreciated neighborhood, and it deserves some serious consideration from Denver real estate shoppers. Stop in to San Carlos someday for a lunch featuring homemade tortillas and tamales.  I'm something of a tamale fanatic- my other favorite tamales are found every Saturday at the Boulder Farmer's Market...but that's another story.Sunnyside is a place that still feels like a neighborhood- with tons of trees, great looking Victorian houses, and plenty of wonderful ranch homes scattered throughout.  It's the kind of neighborhood where folks still use their front porches, and once you move in you're likely to really get to know your neighbor.O...
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By Denver/Boulder Colorado Real Estate
(Real-a-Save)
Capitol Hill offers Denver real estate shoppers lots of value in an area that is packed with excitement, variety, and great hang outs.Take a stroll out the doors of the new Denver Art Museum and work your way over to Governor's Park, and you'll have a pretty good idea of great variety that Capitol Hill has to offer. Rest for a while over some great food at City O'City, then head back out to tour a few homes.What does Capitol Hill have to offer the serious real estate shopper?  Take a look at 1019 Emerson Street offered by Leonard Leonard and Associates.  This gorgeous 2 bedroom, 1 bathroom has a terrific gourmet kitchen, private yard, and incredible location that is within walking distance of the best that Denver has to offer.Give us a call at 303-415-2541 if you'd like to schedule a pr...
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By Judith Clausen, Judith R. Clausen
(Buyers Advantage Real Estate of Metro Denver)
If you're thinking of buying a house that needs some remodeling, the top two projects that will recoup at least 75% of your outlay are an attic bedroom remodel (78.9%) and the addition of a wood deck (78.2%). A major upscale kitchen remodel on average will cost you $106,434 and you'll recoup 69.6% of the cost when you sell. A basement remodel costs $56,476 and will yield $41,656 at sale, a 73.8% recovery.Recovering remodeling costs isn't the primary reason homeowners take on a remodeling project. But it's a factor to be considered in today's market. If you plan on staying in your home the cost can likely be recovered in a few years with Denver's appreciation increasing every year from 1988 to 2005.[i] [2006 showed the first price drop in nearly 20 years, but 2007 is expected to show ris...
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By Wendy Bibeau, The Bibeau Group - Realtor - Denver Colorado Real
(Keller Williams Realty DTC)
If you have ever thought about living in a scenic, historic and centrally-located Denver neighborhood, but still wish to have a brand new, high-tech, contemporary space, you may want to look into some of the new urban flats in the Confluence Park area of downtown Denver’s Highlands neighborhood. The Denver Metro Convention and Visitor’s Bureau offers this summary of the many special features of the Highlands area in downtown Denver: “The Mile High City's largest neighborhood is a 250 acre section of northwest Denver that has undergone amazing changes in the past few years. The trendy neighborhood has been featured recently in Travel + Leisure Magazine and National Geographic Traveler and is an area of tree-lined streets and quaint Victorian brick homes with gingerbread trim with severa...
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By Denver/Boulder Colorado Real Estate
(Real-a-Save)
As the builder's website says, "This place is something else.."  Stapleton is the Denver real estate answer to the question: Where do I live if I love the city, but want more room, more house, and easy access to everything downtown?  I'll go easy on the sales-talk after this, but if you simply take a drive through Stapleton on a clear, Colorado afternoon, you will agree that this neighborhood feels different.  The view tells you all you need to know about how close it is to the city.  And the gorgeous homes tell you all you need to know about the quality of life.Need some proof?  Our spotlight property of the week falls on 8001 E 29th Ave presented by MB Turning Point Realty.   This 3Bd/3Ba beauty has a gourmet kitchen that must be seen to be believed.  The deck alone is worth a tour.  ...
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By Judith Clausen, Judith R. Clausen
(Buyers Advantage Real Estate of Metro Denver)
Denver real estate may have hit bottom, which means it's a really good time to buy. Interest rates have been dropping and so have prices. Buyers can virtually write their own ticket for seller concessions -- down payment help, closing cost contributions, buying down the interest rate, and even more creative assistance. Buyers are getting houses at an average 3% discount, a figure which has stayed pretty steady over the last year. But the discount is much greater when considering the seller's original asking price. In both October and November sellers' original asking prices on average was 79-89% of what they got at closing. What that means is that sellers were having to discount their original asking price by 21 to 31% of what they originally thought they should realize. The year-to-dat...
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By Wade Young
(Red Door Home Loans)
There are a lot of credit tips pitched to help consumers improve their credit scores. Unfortunately, a lot of those tips are nothing more than myths. One such myth is that paying more than your minimum payment positively affects credit score. Unfortunately, paying more than you minimum payment only helps pay down the balance, nothing more, nothing less. Banks only report negative items to the credit bureaus if a borrower fails to pay "as agreed." The big banks are only concerned that you meet your contractual obligation. If you pay your minimum payment, you are in compliance with your contract. Your credit report will reflect "paid as agreed," which in itself is beneficial to credit score. But the idea that paying more than your minimum payment will boost score is nothing more than a my...
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By Steve Scheer, Highlands Ranch Real Estate - Denver Real Estate
(Realty Oasis - Metro Brokers)
I read an article this week online through the Denver Business Journal that I found very interesting.  A new website has been launched, The Colorado Hospital Report Card, allowing potential hospital-seekers look & compare facts such as cost and quality for Colorado Hospitals.  It is the result of House Bill 1278 that "required Colorado hospitals to report on clinical measures that let consumers compare health care services." The website's homepage states that it has the "primary purpose of ensuring that statewide hospital data and clinical outcomes are made available to the general public in a clear and usable manner."   The article in the Denver Business Journal says that the billing data will be updated annually.  To read the article in its entirety click here.  Just having a very coh...
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By Denver/Boulder Colorado Real Estate
(Real-a-Save)
While Union Station in Denver is only about six blocks long, it really packs a lot of the best that Denver has to offer in this small area.  Formerly (only about 8 years ago) packed to the gills with railroads and warehouses, this mixed-use area has seen a residential boom over the last few years.  With architectural attention-to-detail, and a stunning mix of glass and steel, Union Station has risen from the ashes to take it's place as one of Denver's coolest neighborhoods.Residents can wander a few blocks from their doorsteps to such popular hangouts as Vesta Dipping Grill and Rodizio Grill for some of the finest food Denver has to offer. Take a look at all of the Union Station homes for sale here if you are actively pursuing a Denver real estate purchase. For more information on Union...
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By Denver/Boulder Colorado Real Estate
(Real-a-Save)
Cherry Creek seems to have everything that a serious Denver real estate shopper could want: cool restaurants, awesome homes, great shopping, and a central location.  Go check out Cherry Creek Mall for some of the best shopping in Denver, and then take a walk over to Bella Fiore Day Spa for a relaxing afternoon.  Now you've had a nice taste of Cherry Creek.What more could you want?The Cherry Creek School District is one of the great advantages to living in this neighborhood.  As a former high school teacher, I know that this school's reputation is well-deserved.  They recruit and retain some of the most talented teachers in the state.   If you are currently looking for a home in Cherry Creek, you can see all the Cherry Creek homes for sale here. Real-a-Save has created a comprehensive gu...
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By Denver/Boulder Colorado Real Estate
(Real-a-Save)
Lowry is one of those spots in Denver that seems to get more and more popular every year.  The developers who transformed this former Air Force Base into the vibrant community that it now is must be pleased indeed.  Just stop by The Tavern Lowry for some beer, good food, and conversation, and you're likely to hear customers sing praise to their neighborhood.With everything from converted airplane hangers, to condos, to mansion-like homes, there is something for everyone in Lowry.  Check out our Denver neighborhood information pages for more information on Lowry.  Just scroll down the left nav area and pick "Lowry" to view that page.  And if you're looking for a home in the area, take a moment to visit this page for all of the homes for sale in Lowry.  You can also adjust the search crit...
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By Steve Scheer, Highlands Ranch Real Estate - Denver Real Estate
(Realty Oasis - Metro Brokers)
A favorite holiday tradition for my own family, The Parade of Lights hits the streets of Denver this Weekend.   On Friday (11/30) and Saturday (12/1) nights, marching bands, floats, dancers, horse drawn carriages and balloons and of course Santa Claus will parade throughout downtown Denver lit up in their holiday flair adding to the kick-off of the holiday season.   The school marching bands are a wonderful treat as not only are they competing for their musical performance, but for their lights as well.  Throughout the years, I have attended the Parade of Lights several times - generally during the warmer years. The weather looks fairly good for Friday night, I am not sure yet about Saturday - it may be getting colder.  However, one of the bonuses about attending on Saturday is that the...
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By Denver/Boulder Colorado Real Estate
(Real-a-Save)
I've gotten several calls and emails recently about Berkeley.  This is a great Denver neighborhood with a vibrant, creative feel.  See more Berkeley neighborhood information here, as well as lots of additional Denver neighborhood information including local restaurant reviews, bars, schools, and housing.A couple recent clients were looking for homes they could put a little work into in a neighborhood with tons of character and lots of stuff to do within walking distance.  I think that's a perfect description of Berkeley.  It's Denver's own artistic corner.  And for those of you who picture Denver as having only downtown loft spaces, expensive Cherry Creek real estate, or suburban enclaves- then you've never been to Berkeley.  Take a look at all of the current homes for sale in the Berke...
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