Jan
11
Pavilions, Argonaut, and more
Filed Under denver | Leave a Comment
Interesting articles from the Denver newspaper conglomerate Post/News :
Denver Pavilions goes on market: The developers of the Denver Pavilions are putting the downtown retail development on the market.
Argonaut Liquor moves: The storied Argonaut, one of the oldest and most successful liquor stores in the Denver area, is getting a new home after about a half-century at its current site on East Colfax Avenue in Capitol Hill.
57-acre Evergreen estate on market for $24 million: Denver entrepreneur Richard Bard is selling a mansion on a 57-acre estate in Evergreen.
Treasury secretary: No simple fix for housing: The Bush administration is working to combat the country’s severe housing crisis but there is no simple solution, Treasury Secretary Henry Paulson said Monday, adding that a correction in the housing market is “inevitable and necessary.”
Efforts to spark economy may be too little, too late: As leaders in Washington turn their attention to efforts to avert a looming downturn, many economists suggest that it may already be too late to change the course of the economy over the first half of the year, if not longer.
Aug
7
Weekend Highlights
Filed Under denver, mortgage, real estate | Leave a Comment
This past weekend the articles on real estate were slim. Sally Stitch of the Denver Post had a great article on the Sloan Lake neighborhood: Downtown proximity, views lure diverse mix
History of Sloan Lake:
The neighborhood was settled before the turn of the century. By the 1920s, a large group of Orthodox Jews had moved in, wanting to live near the synagogues they had built.
In the 1970s, many of those same families moved to southeast Denver, and a strong Hispanic population replaced them in the small red-brick bungalows and ranch-style houses.
Today, the neighborhood is a rich mixture of young professionals looking for starter homes, aging boomers looking to downsize, old-timers who never left, a smaller-but-still-present Jewish population and a large group of Hispanic residents. People like Larry Ambrose, president of the Sloan Neighborhood Association, say the neighborhood offers great urban living with rich ethnic and socio-economic diversity.
Facts on Sloan Lake:Sloan’s Lake:
Boundaries: West Colfax to West 29th avenues, Sheridan Boulevard to Irving Street
Who lives here: Young couples; older, long-time residents; professionals; Orthodox Jews; Hispanics
Why it’s cool: Million-dollar views of Sloan’s Lake, Front Range and the downtown skyline; proximity to downtown and the mountains; more R-2 lots than anywhere else in the city; predominantly brick construction; more bang for the real-estate buck in Denver
Why it’s not: Small houses (1,000-square-foot average), often not updated; low-performing public schools; rental properties (duplexes, triplexes) that often are poorly maintained by absentee landlords
Schools: Denver Public Schools, including Cheltenham and Colfax elementaries and Brown elementary, which has a new International Baccalaureate program; Lake Middle School; and North High School
Rentals: A house on the lake: $2,200/month; half a duplex: $900-$1,200/month
Housing: Median home price $247,050; average price per square foot: $212.90