Denver, CO Real Estate News

By Jane Wallace, CRS | SRES, Denver Real Estate
(HomeSmart Realty)
West End Lofts - 33 Lofts in LoDo1435 WazeeLocated In the Old Karmen Western Wear Fabric Warehouse, West End Lofts is a three-story structure built in 1928. The top of the building was pooped adding 2 stories. One thing that West End Lofts has that can't be found in any other Residential building in LoDo is a Bridge. A 2 story Penthouse Spans the Alley between Wazee and Wynkoop. The Bridge Links the West End Lofts to an even older Building on the Wynkoop SideThe Bridge Loft is One of the Most Unique Spaces in all of Downtown. There are 10 Windows This Loft is Filled with Natural Light, with Views on Both Sides, so you can see the Pepsi Center on one side and Coors Field on the other. This Very Private Loft in the Heart of LoDo Lives Like a Townhome. And the Wazee alley is... like an all...
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By Jane Wallace, CRS | SRES, Denver Real Estate
(HomeSmart Realty)
Lower Highlands, also called LoHi is located adjacent to Riverfront Park on the West Side of I-25. It is close enought to Downtown and Lodo with only a short jaunt across the walking bridge on 16th street and Commons Park. LoHi is full of life, you can lose a Sunday afternoon at LoLa's sipping Cocktails listening to Jazz and eating Tacos overlooking the skyline. The Neighborhood overlooks the new Commons Park, the Central Platte Valley and the Downtown Denver Skyline. The street have some of the oldest real estate in the city going back to the mid-1800's along with moden infill townhomes w/rooftop patios that overlook the skyline •¨      Commons Park is a 30-acre park with wetlands and trails along the South Platte River. •¨      The 16th Street Mall Shuttle will connect the 16th Street...
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By Steve Scheer, Highlands Ranch Real Estate - Denver Real Estate
(Realty Oasis - Metro Brokers)
Today I am going to SWEEP the kitchen floor. And then I might SWEEP the driveway. Aw heck, I may even SWEEP the sidewalk too.   Rockies SWEEP the Diamondbacks and are World Series Bound.    2nd series SWEEP - This team is HOT!   Don't forget to check my Real Estate in Denver and the Suburbs blog soon for guest Steve Belt, Phoenix Real Estate blogger. 
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By Judith Clausen, Judith R. Clausen
(Buyers Advantage Real Estate of Metro Denver)
Denver's September housing continued its downward trend with fewer houses purchased, fewer houses on the market, and declines in prices.  Builder inventory is still high as are foreclosure properties, great conditions for buyers thinking about purchasing now.  Yes, it's still a buyer's market in Denver and should continue to be favorable for buyers for the foreseeable future, at least into fall of 2008, perhaps longer.Median house prices dropped in September to $245,000, 4.6 percent lower than August's $258,000, but 1.1 percent higher than $243,500 in September of 2006. The number of houses sold in September was down by 25.74% from August, a precipitous drop.  Condos and townhomes sales dropped 24.18% from August.  The average price of homes was down from August by 7.38 percent, while c...
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By Jennifer Steck, Denver Real Estate
(Rocky Mountain Homescapes, Keller Williams, Denver Colorado)
Glory Days, which was held in the middle of September, was wonderful with great music and lots of fun activities for the kids. This is just one reason of the many, to live in this active and vibrant community. Below is an overview of September 2007 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 wa...
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By Steve Scheer, Highlands Ranch Real Estate - Denver Real Estate
(Realty Oasis - Metro Brokers)
Tomorrow begins the much anticipated start to the NLCS series for the Colorado Rockies against the Arizona Diamondbacks.  I was recently contacted by my Phoenix friend Jay Thompson, who let me know that there was a Phoenix area real estate blogger that was interested in a friendly wager with a Denver fan/real estate blogger.  So I jumped on board.  So here's the scoop, Steve Belt of The Phoenix Area Real Estate Blog and I have agreed that the loser of the series will guest blog for each other for 3 consecutive posts.   Read the Rest of the Article at Real Estate in Denver and the Suburbs >>>>>
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By Jennifer Steck, Denver Real Estate
(Rocky Mountain Homescapes, Keller Williams, Denver Colorado)
September 2007 home sales in the Bonnie Brae and Belcaro neighborhoods show four sales ranging in value from $355,000 up to $921,450. This fabulous neighborhood is located east of University Boulevard and west of Colorado Boulevard. The north and south streets are E. Exposition Avenue and E. Mississippi Avenue. It is a wonderful neighborhood with a eclectic selection of homes. From historical homes to custom contemporary construction, the neighborhood offers something for everyone. The these homes are within walking distance of restaurants, shopping, parks and transportation routes.Google Maps  AddressSales PriceSold DateSquare FeetDays on MarketListing Company1082 S. Harrison St$355,000Sept 25th121576Cliffdwellers*1056 S. Jackson St$441,000Sept 24th1345378Key Real Estate*1050 S. Cook S...
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By Steve Scheer, Highlands Ranch Real Estate - Denver Real Estate
(Realty Oasis - Metro Brokers)
If you are new to Denver, you need to pop by your local grocery or book store and pick up this months issue of 5280 Magazine.  Now, I do pick up the magazine throughout the year to to find a new Denver restaurant to try or read about a local icon, history or just a random story.  But there is something special about the October issue each year - and it has become a Must Have in my house. October is the month that 5280 publishes their Top Doc's in Denver list.  And what makes is so great, is these Doctors are not chosen my you and me - but by other Denver Doctors.  Don't you want to find a Dr. when you are new to town that the other Dr.'s use? My own family has found several of the Doctors, especially specialists, from this great source over the years.  And the Doctors are not only those...
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By Paul Orland
(Prudential Colorado - Orland Realty)
What is a "down market"?A week doesn't go by without mainstream media flashing headlines about the down market in real estate. What does it all mean, and how will it effect you and me?Flat or depreciation on primary residences.For many people, their primary residence is the single biggest investment, and has historically provided a financial windfall for many. Most markets are now showing flat or depreciating values (negative appreciation, in Realtor-speak). So primary residences may not provide the windfall equity for the next few years."Warm" markets still exist!This is an area where realty expertise is critical! Within most down or flat markets, (Denver for example), there still exists great opportunities i the right markets. The particular markets are typically driven by a combinati...
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By Jane Wallace, CRS | SRES, Denver Real Estate
(HomeSmart Realty)
Capitol Hill's borders are Colfax to Seventh and Broadway to Downing. It was Henry C. Brown who donated land to Colorado for a State Capitol. Henry ownded substantial adjacent land and wanted to develop it. Brown built the Brown Palace Hotel. He had no relation to Margaret Tobin Brown (Molly, the unsinkable). http://mollybrown.org/ It was Brown who named Broadway, referencing the Broadway of New York City. Broadway Street was the original eastern border of Denver where the diagonal streets of Downtown Denver ended.Pre-eminent among Capitol Hill's numerous historical residences are the 1899 William Lang designed Molly Brown House http://mollybrown.org/househistory.asp and the 1906 Crawford hill mansion at Sherman and 10th. This French Renaissance Revival extravaganza became home to the "...
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By Steve Scheer, Highlands Ranch Real Estate - Denver Real Estate
(Realty Oasis - Metro Brokers)
Will you be in downtown Denver this weekend?  Its no longer October - Its Rocktober! This week-end in Denver was already slated to be extremely busy, and now that the Colorado Rockies are in the play-offs (GO ROCKIES!)there are even more activities to pick from in downtown Denver Saturday and Sunday.  Here are just a few that you can pick from. One tip though, if you will be going downtown from any of the suburbs this week-end, I have to think that public transportation such as light rail or the RTD bus service would be a very good idea.  I have to imagine parking in Denver is going to be a fortune on Sunday, if you can even find any.  Light Rail will be running continuously to downtown Denver from almost all stations throughout the day Sunday, even the ones that generally have no Sunda...
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By Steve Scheer, Highlands Ranch Real Estate - Denver Real Estate
(Realty Oasis - Metro Brokers)
I received a wide variety of inquiries this week, both by phone and email - regarding why I sometimes blog about local events and businesses outside of Denver Real Estate and would I be willing to write about local businesses for compensation.  The answer is really in 2 parts. First, when someone is going to relocate to Denver, they generally are coming in blind.  For the most part, they are starting from scratch, and I have always received a huge inquiry as to what my favorite restaurants are, what malls are great, where is the best place to go downtown, etc.  Secondly, some people and businesses seem to be under the misconception that I blog about them as an advertising service for them, and as of late I have been asked to a) blog about places I have never heard of and b) blog for pro...
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THIS IS MY FIRST OF MANY BLOGS ON ACTIVE RAIN AND THROUGHOUT THE COMMUNITY. I WILL BEGIN WITH MY STORY, SO YOU KNOW WHERE IM COMING FROM WHEN I WRITE IN THE FUTURE! So as I begin to write about my journey, my experiences in Lending and Residential Brokerage, my research, my knowledge, and some day to day occurrences at ReLogic, I thought back to one defining moment:  Business Plan 2004!!!!!January 2004:  Downtown Denver, 17th and Market.  Kirk Lautensleger (COO, ReLogic) and Daniel Diaz (me, now CSO ReLogic) are running Maxim Financial Lending, a Branch of one of the state's largest Correspondent Mortgage Banks.  Every year a smart business owner (or young and unbridled) writes or updates their business plan.  Little did I know I would stumble upon an idea that was to be a benchmark how...
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By Damon L. Chavez, Passionate. Personal. Service.
(RE/MAX Professionals)
Just the other day I was at a listing presentation with a prospective client discussing how to sell his home faster than the other active listings during the Denver Colorado real estate housing slump.  He of course wanted to know about our marketing strategy, communication plan, and competitive listings in the area and what I suggest for a listing price.  Most successful agents who practice selling real estate in Colorado full-time instead of part-time will deliver a comprehensive plan for marketing and communication, however, there are very few within the Denver real estate market that have the experience or skill set to analyze any market and determine the optimum price that will sell their client’s house in the shortest timeframe. When evaluating your listing agent, it is important t...
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By Damon L. Chavez, Passionate. Personal. Service.
(RE/MAX Professionals)
Just the other day my partner and I where showing a new client homes in the Highlands neighborhood in Denver CO. The Highlands neighborhood is a very desirable neighborhood in the Denver real estate market, due to the bungalow style homes, urban feel, local shops and restaurants and proximity to Downtown Denver. Unlike many real estate markets in Denver and throughout the country, the Highlands neighborhood is one of the magnet communities that have experienced double digit (13 percent) home appreciation over the last year. The problem with the high appreciation in a market like the Highlands neighborhood is that you get inexperienced agents that are unknowingly providing their buyers and sellers wrong advice. This wrong advice could lend itself to a home buyer paying more than the hous...
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By Jane Wallace, CRS | SRES, Denver Real Estate
(HomeSmart Realty)
CADILLAC LOFTS 1090 Cherokee Street620 Corp. pioneered development in the Golden Triangle with its conversion of  a former multi story auto dealership building.  This building was a former Cadillac Dealership opening in the 1920's in Denver, located on the corner of 11th and Cherokee, Across from Trieste and The Prado. The Cadillac lofts are 2 story authentic lofts with exposed brick and a large Rooftop Deck. Located 2 Blocks from The Denver Art Museum and the New (To be Built) Clifford Still Museum Unit #Asking PriceSales PriceSq FtPSFBedsBathsParking SpacesDays on MarketDate Sold311$299,500$290,0001389$2092112525-May-07Avg. Price Per Square Foot $209Avg. Days on Market25 
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By Jennifer Steck, Denver Real Estate
(Rocky Mountain Homescapes, Keller Williams, Denver Colorado)
The lucky people who bought one of the houses in the Bonnie Brae and Belcaro area have a great view of our fall colors right in the neighborhood. Only one house in the area closed in August.Here is a quick summary of August 2007 sales in the Bonnie Brae and Belcaro neighborhoods. The east and west boundaries are Colorado Boulevard and University Boulevard and the north and south streets are E. Exposition Avenue and E. Mississippi Avenue. It is a wonderful neighborhood with a eclectic selection of homes. From historical homes to custom contemporary construction, the neighborhood offers something for everyone. The neighborhood is within walking distance of restaurants, shopping, parks and transportation routes.                                                                               ...
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By Jennifer Steck, Denver Real Estate
(Rocky Mountain Homescapes, Keller Williams, Denver Colorado)
Here is a quick summary of August 2007 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 "Glory Days", the neighborhood main event, is a wonderful success this year. 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...
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By Steve Scheer, Highlands Ranch Real Estate - Denver Real Estate
(Realty Oasis - Metro Brokers)
As a local business, I do what I can to give back to the community that I serve.  If I could there are so many events and organizations I would choose to contribute to.  But of course we all can only do so much and so I am a bit picky as to what I choose to contribute to.  I was a sponsor for the First Josh & Gus's Run for a Reason and I am writing a check for this year's event right after I write this.  I am a dad, and that is the reason.  I also hope everyone in our community will strongly consider participating in this event.  I know that many of my local real estate colleagues read this, wouldn't it be something if we all supported this event together?I have asked my wife to guest author today to tell you about this very special event.  And so here she is....Why you Should Pencil In...
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By Donna Phillips
(Colorado Western Group)
Update: COLORADO-TEXAS JUNIOR RYDER CUP GOLF TOURNAMENT.....Excerpt from the welcoming letter to the Colorado Junior Team:  "We have assembled a team of 12 players who will be competing against a team from Texas in a Ryder Cup Format.  Our selection process was difficult and was based on many factors with ability, integrity and sportsmanship as our essential characteristics.  We hope you are as honored to represent Colorado as we are honored to have you on our team."COMPETITION   September 7, Friday            Practice Round                       1pm-2pm tee timesSeptember 8, Saturday        Team Competition                 1pm-2pm tee times                                                         *Front Nine 4-Ball, Back Nine 2-BallSeptember 9, Sunday           Individual Competition   ...
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