I've been patiently awaiting my May issue of 5280 Magazine because they always do a big feature on real estate this month.
Last year, their reporting blew me away and I have every new client read this article before I even meet with them. The gist of the story this year is "... desperate protagonists resigning themselves to paying more than expected for a house that - because it's smaller, or in a dicier zip code, or less quaint than the house they envisioned - definitely the home of their dreams."
It dawns on me, this frustrating market is all I know. I'm now a professional at helping people find that compromise, boost their budget by considering roommate, and looking at the tax benefits that they
This beautiful brick home features 3 bedrooms all on the same level! The large private master bedroom has new carpet and plenty of space for a sitting area or workout equipment. You'll love cooking dinner in the adorable vintage kitchen. Do you enjoy hosting a good party? Invite your friends over for a backyard barbecue in the summer - there's room for everyone and their dogs! Are you a Weekend Warrior? Store all of your outdoor gear in the detached garage. Enjoy supporting local Park Hill businesses by grabbing craft beers at the new Long Table Brewhouse or celebrating a special occasion at Bistro Barbes. Don't miss out on this precious Park Hill home that includes easy access to City Park, The
The average and median single-family home prices in metro-Denver both continue to set new record highs, reaching $543,058 and $455,000 respectively.
Furthermore, in April, new listings surged, up 4.88 percent from last year, with homes being placed under contract up an equally healthy 5.58 percent.
“This demonstrates homebuyer demand remains robust,” said Steve Danyliw, Chairman of the DMAR Market Trends Committee and Denver REALTOR®. “As new listings poured into the market, buyers that were waiting for them quickly gobbled them up, driving the average days on market down to 20 days. Housing activity remains strong, but increasing interest rates, increasing housing prices, low inventory and now increasing gas prices, will have an
This Two Story, 3 bedroom, 2 bathroom home has all 3 bedrooms upstairs with an expansive fully fenced backyard! It's convenient location allows easy access to Hwy285 and E470, the mountains, as well as various walking and running trails. Highlighted home features include an updated kitchen with beautiful honed absolute black granite countertops, open concept dining and living rooms with plenty of natural light, and generous outside living space perfect for entertaining or summer nights at home. The expansive yard is fully fenced, equipped with sprinkler system and has a garden growing rhubarb, radishes, carrots, onions, and peppers. Inside, the finished basement allows more storage or secondary living space. Light and
OPEN SAT 12-4, SUN 10-2. Sunny Stapleton Charmer on Rare Corner Lot.
You'll love this Craftsman-Inspired Wonderland Heritage Ranch with so many upgrades. Two main floor masters. All bedrooms w/ensuite baths! Vaulted ceilings, diagonal Maple flooring, Colorado-made 52" kitchen cabinets, all curtains + solar shades included, extra interior insulation, finished/insulated garage, bonus room for office/den plus large downstair's rec room. Growing household? Basement is pre-planned for additional 2 BR and BA - plans available! Beautiful private back yard complete with thoughtful landscaping, concrete stamped patio, cedar grilling deck, covered porch and garden beds. Easy access to miles of open space trails, Pizza Park, shops/restaurants, playgrounds,
When millennials buy houses, it’s for an unexpected reason.
According to a new study by Harris Poll, commissioned by SunTrust Mortgage, one of the top reasons millennials—here defined as those between the ages of 18 and 36—choose to settle down is due to their dogs. That’s right: Thirty three percent of participants cited the need for more space for their furry friends as the leading factor behind purchasing a house. That number may fall behind their own need for more space (66 percent), and the desire to build equity (36 percent), but it’s surprisingly ahead of both marriage (25 percent), and the birth of a child (19 percent).
Higher mortgage rates this year haven't capped home price appreciation, which is adding to the pressure on buyers.
If first-time buyers were counting on home price gains to slow or flatten out as the trade-off for rising mortgage rates, they need to recalculate, some of the nation’s leading housing economists said in Denver on Friday according to The Denver Post.
“We are looking for a further crunch in affordability,” Lawrence Yun, chief economist with the National Association of Realtors, said at the National Association of Real Estate Editors’ annual conference in Denver.
Yun said builders aren’t producing enough homes to keep pace with demand in many markets, pushing up prices on existing
It has been said that there is "no land left" in other areas of Denver. Now, developers are wasting no time in getting over to 41st and Fox. The property owners in the area, in the Sunnyside neighborhood, have requested for the city to rezone the area for taller structures, hoping to allow growth of the businesses there. But why are developers so interested now? This entire plan is discussed in an article on Denverite's website.
Niles Emerick says, “This [the new development] is on the southeast corner of the neighborhood bordered by railroad tracks, bordered by the 38th Avenue underpass, and then I-70 to the north. So really three of the four sides are not necessarily going to be too negatively impacted by that kind of development.”
