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Real Estate Blog

Despite rapidly rising real estate prices, Colorado is still looked as one of the most robust housing markets to invest in the United States. With high growth potentials and favorable statistic numbers, a ten category ranking system brings Colorado in the #1 position for the best state to invest in. Not only do homes in Colorado generally sell in less than 30 days (with Denver specific homes often is less than a week), but Colorado currently has the highest appreciation rates in the country. And with that said, our state's median income growth comes in with a close second, a translation that people are both making money and can actually afford all these expensive homes. Caa--ching. Amazon or not, Denver still seems to be the nation's hottest commodity. 
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It’s getting warmer, non-skiing tourists are starting to roll into town and concerts are already selling out months ahead of time. While there’s always something going in the Mile High City, summer is an especially great time for music and it’s not just Red Rocks that draws a crowd.  In fact some of Denver’s smaller venues are more ideally situated for city dwellers or anyone looking to enjoy a nice meal or pregame ahead of time. Here’s a few venues & events we’re looking forward to:

 

Beta: If you’re into electronic dance music, extreme hi-fi quality sound and a VIP section that isn’t only the best in town but also the best value then Beta is the place. Situated on the borders of Denver’s LoDo & Ballpark neighborhoods Beta offers the true night

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Attention homebuyers (and most and all others concerned) -- What does the repeal of Dodd Frank regulations mean to you? 

A hot topic of controversy at the moment; the rollback of Dodd Frank has caused quite an up rise of discussion in today's news. Fears justified from the 2008 financial crisis are resurfacing as laws which held banks accountable post recession are being loosened and repealed. With that being said however, new regulation breakdowns are bringing along with them an overdue revitalization to the lending industry -- and correspondingly, the real estate industry. Below is a simplified breakdown of the major highlights which the revised Dodd Frank entails -- and how these changes mean to you. [Special highlight being -- it should be easier

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Just like hip huggers have been phased out in the fashion industry, boxy flat tops modern homes are being phased out of the scrape-and-rebuild  home industry. So what’s new and hotter on the block than Jenny? None other than the ‘Modern Farmhouse’ design, with it’s opposing pitched rooflines which emulate Denver’s original historic bungalows. These homes are here to display the best of both worlds, while politely incorporating modern minimalism (which has been all the latest infatuation) -- while still respecting the integrity of  Denver’s architectural history. Go check out the 41st block of Raleigh Street in Denver's Berkeley neighborhood to see these new builds IRL [in real life].

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Kendrick Lamar is giving Denver a run for its money, Florence and the Machine is shaking their a** off, and the Chainsmokers are bringing along their sheetless stolen mattress -- for WHAT? Well, to grace us with their presence this summer at Overland Park Golf Course for the biggest (and coolest) music festival that Denver has ever seen. Superfly productions is bringing Denver Grandoozy, a three-day music festival which will span the weekend of September 14th-16th. In case you missed it, tickets went on sale last Friday (March 23) for a small chunk of change - that being $225 for a  three day GA pass, and $600 for an all access VIP pass (...and it’s at times like these we thank Amex for their built in ‘large purchase’ payment plan).

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When things are so good, they can’t help but multiply. This was Aviano’s thought when they decided to lease out a second storefront in Cherry Creek North --less than a five minute walk from their current location. I mean, ya can’t blame them, if Starbucks shamelessly infiltrates every other corner, why can’t they? Not to mention, they chose a prime location.  conveniently situated next to the future Soul Cycle and CB2 storefronts. Not a bad strategy in terms of attracting their target market of well heeled coffee consuming clientele --- (think: all the almond milk lattes).

 

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Last night a proposed project notification came through my inbox that simply read 3939 Williams with four different property types including 400K SF of class A multi-family, 200K SF of hospitality, 65K SF of retail and 318K SF of class A office. This morning I decided to see what this beast of project could look like and found myself fascinated with what's being proposed. Location highlights include easy light rail and I-70 access, while design-wise this mixed use project looks like an incredibly clever way to utilize spaces old and new while maintaining the vibe of the overall area. This is going to be an exciting one should this development become a reality. As RiNo moves towards it's transition from left behind industrial park to serious business hub

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For the first time this cycle Denver's annual growth rate came in below the national average at a meager 1.9%. Rents were virtually unchanged in Cherry Creek and Downtown Denver year over year as many high end properties are resorting to concessions. Two suburban sub markets; Aurora and Jefferson County-saw the best high end rent gains at 3% and 7% respectively. Average asking rent for the Denver Market is currently at $1,326. 

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