real estate Archives

When toys have lead, we blame China. When housing has lead, we blame landlords:

The U.S. Environmental Protection Agency is proposing civil penalties against five landlords in Colorado and one in Utah for not including lead warnings as part of their leases.

Read the full article:

We’ve got mountains and more

File this under another real estate article from the Rocky Mountain News:

Fresh evidence suggests the Denver-area housing market may be in the early stages of recovery, even as the national housing market faces an even bigger slump.

I don’t know why Denver’s housing market would ever fall into a slump, we’ve got mountains! We’ve got trails. We’ve got parks. We’ve got golf. We’ve got 300 days of sunshine. We’ve got the most franchise restaurants in the entire country – Applebees, Chilis, Hops, Cheesecake Factory, you name it we’ve got it! We’ve got 75 degree on September 27th.

Read the full story: Home prices hint at turn

Denver declines in home prices

….but not nearly as bad as other parts of the country!

Home prices in the Denver area have fallen much less than the nation as a whole, according to a closely watched, national report.

Read the full story: Nation outpaces Denver in decline in home prices

Postive: The Rockies won last night, making it 9 wins in a row.

Negative: This article from the Denver Post:

Home resales, depressed by turmoil in credit markets, fell for a sixth consecutive month in August, pushing activity to the lowest point in five years.

Read the full article: Home resales drop to 5-year low

Fom the Rocky Mountain News:

The $165 million Pinnacle at City Park South luxury condominium community, which boasts the classic Chamber of Commerce view of Denver – capturing City Park, the downtown skyline and the mountains – is entering its final phase.

Read the full story: Priciest condos excite most interest

If you plan on buying one of these condos, just hope your balcony isn’t downwind from the Denver Zoo.

If you can’t buy one, rent one

Article from the Rocky Mountain News:

The overall vacancy rate for-rent single-family homes, condos and other non-apartment unit properties in metro Denver dropped to a six-year low of 4 percent during the second quarter, a state report released today shows.

Read the full story: Vacancies in rental houses, condos at 6-year low in metro

Renting, the foreclosure alternative

Article from the Rocky Mountain News:

Vacancy rates for rental homes are the lowest in recent memory, thanks to record foreclosures in the Denver area, officials said Wednesday.

Read the full story: Rental houses in short supply

1800 Glenarm becomes condoville

Another story about moving up to the condo in the sky:

Erik Osborn is planning to transform a nondescript office building in downtown Denver into a luxury residential tower with condos priced at more than $1 million.

Read the full story: Downtown tower makeover to offer luxury-size units

MAP IT: 1800 GLENARM

Update on the foreclosure house bill

Mortgage article from the Rocky Mountain News:

The House on Tuesday approved a plan to expand federal backing of mortgages in hopes of helping struggling homeowners avoid foreclosure.

Read the full story: House bill would aid homeowners facing foreclosure

Not Miller Time

Miller Beer has a catch phrase called “Living the High Life” or something to that effect. The Denver Post has an articled called exactly that but it’s about living in high rise in downtown Denver.

Luxury high-rises promise to redefine the look of downtown Denver, luring tony buyers seeking their own wide-open spaces in the sky.

Denver’s skyline is about to be remade:

Among the biggest luxury residential high-rises planned or underway in central Denver: a Ritz-Carlton Hotel at 19th and Arapahoe streets topped with 25 residential units; a Four Seasons Hotel at 14th and Arapahoe with 102 private residences; the 41-story Spire project at 891 14th St.; the 31-story One Lincoln Park complex; Buzz Geller’s 31-story condo tower near Larimer Street and Speer Boulevard; and 1401 Lawrence, the Great Gulf Group’s 51-story tower at 14th and Lawrence streets.

High rises are great if… you don’t have kids, love elevators, love having neighbors above you, next to you, below you, and most importantly if you love heights.

Read the full article: Living the High life

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