It’s Gold, It’s Green, It’s Stapleton
Kudos to Stapleton, an urban neighborhood that was once a pretty crappy airport:
The U.S. Green Building Council has awarded a Gold Leadership in Energy and Environmental Design, or LEED, certification for the core and shell design of 3055 Roslyn St., Stapleton’s new office building in the East 29th Avenue Town Center.
Read the full story: Stapleton building ‘Gold’ certified
No tag for this post.Building aint easy
when no one’s buying:
The subprime market meltdown is hitting home builders in the
Denver area harder than anytime since the 1980s, when the economy collapsed in the wake of an oil and gas bust.
Read the full story:
Rockies - WOW, Mortgages - WOE
Mortgage article from the Rocky Mountain News:
The nation’s more than $2 trillion home mortgage business won’t halt its current slide anytime soon, with mortgage originations expected to fall 18 percent next year and decline another 6 percent in 2009, the Mortgage Bankers Association predicts.
Read the full story: Mortgage woes won’t end soon, group says
Tags: mortgageForeclosure Caesar
Being of Roman descent (Alfedena for those who like geography) I prefer Caesar to Czar:
Susan Foley, recently appointed “foreclosure czar” for the city of Denver, has seen firsthand the impact of people losing their homes.
According to the article, Susan Foley has been a planner for Denver’s economic development office for 20 years and also works as a real estate agent.
Read the full story: Why homes are lost studied
Tags: denver, foreclosure, real estateThe biggest hurdle WAS getting tenants
Investing in real estate is NOT for the weak. There are so many challenges with being a real estate investor. The biggest challenge is usually buying your first property. The biggest hurdle according to most of my friends and clients who have investment properties is getting qualified tenants. You should have no problems getting them rented according to these two stories from the Rocky Mountain News:
Demand for affordable rental housing in the state is being driven by record foreclosures and rising market-rate rents.
Read the full story: Affordable rental vacancies tighten
Statewide vacancies in affordable housing fell during the second quarter, dropping to 4.7 percent, from first quarter in the first quarter, according to a new state report.
Read the full story: Affordable apartment vacancies fall below 5 percent
Tags: foreclosure, investing, property, rate, real estate, vaCoors Field, great views on and off the field
Interesting article from the Rocky Mountain News:
Prospects of the Colorado Rockies playing in the World Series could cast an even-brighter spotlight on whether the mountain view from Coors Field should be protected.
Read the full story: Some call the views from Coors Field picture perfect
Tags: coloradoSubprime stinks up the Denver housing market in September
Mortgage article from the Rocky Mountain News:
The recent collapse of the subprime mortgage market and still-climbing foreclosures drove down sales and home prices in Denver last month.
Read the full story: Gloomy report for Sept. home prices
Tags: denver, foreclosure, mortgage, prime, Subprime21 acres and a school
When my blog was in it’s infancy I wrote a post called Buying Where The Students Live. It doesn’t take a rocket scientist to realize that the area surrounding Regis University is untapped terrain:
Denver developers Susan Powers and Chuck Perry are teaming up for the first time, with plans to turn 21 acres near Regis University into a project featuring factory-built townhomes.
Read the full story: Townhomes set for Marycrest site
Tags: denverIn the race to clean up the mortgage mess, the donkeys win!
Mortgage article from the Rocky Mountain News:
Congress’ top Democrats demanded quick action on the subprime mortgage crisis, saying President Bush has been slow to address a situation that could cost millions of people their homes.
Read the full story: Democrats call for action on mortgage crisis
Tags: mortgage, prime, SubprimeWe’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
Tags: denver, real estate