Denver Real Estate News

You can find great real estate information here about the Denver real estate market.  Homebuyers can learn the latest about what they can expect to find in their home search process.  Home sellers can get a feel for the pulse of the market.  From time to time there may just be some good common sense tips on living life in general.  Enjoy!

Sept. 8, 2017

Luxury Real Estate Market Update September 2017

Sept. 7, 2017

Exciting Views Could Be Coming on Your Commute to DIA

Driving to Denver International Airport can often times feel like a chore. If it isn't the traffic making the commute longer it's the vast openness, but there could be an exciting change coming. Officials at Denver Airport have been in conversation with Rocky Mountain Arsenal National Wildlife Refuge to allow Wild Bison to roam on 200 acres of airport property. The Denver Post shows reports that the current refuges herd stand at 122 bison, this is a record high for this herd that has been rebuilding since it was severely damaged from hunting. The have 18 calves this year and will be importing about 25 to this current herd. 

The next time you are driving up Pena Boulevard to DIA on your next adventure, keep an eye out for these beautiful animals that may be closer than you'd think. 

 

 

Picture Credit: Austin Humphreys/The Coloradoan 

Posted in Communities
Sept. 6, 2017

Denver Metro Housing Market in Seasonal Slowdown

DMAR's September Market Trends report that the housing market is in a seasonal slowdown. The average price of a home in August was decreased by 2.75% from the previous month to $434,478, although this price is still over 8% higher when compared to the last year. 

According to Steve Danyliw, Chairman of the DMAR Market Trends and Committee and Denver REALTOR, he says "housing numbers can be presented in ways to paint many different pictures. Overall I feel positive about this market even though we are transitioning towards something that looks mroe normal." 

Danyliw also said, "looking at the glass as half full," year to date compared to 2016, the median price of a home has increased 8% and the average price of a home has increased as well to 8.35%. This record high year-to-date 38,553 properties that have sold, which is a 4.35% increase from last year. Although, days on the market for condominiums has had a substantial increase of 46.15% in August year over year. 

Active listings in the residential market was at 7,360 total units in August, which is the similarly the same as the prior month. The number of listings sold decreased a percentage compared to the previous month. There is a note to be made here that the decrease in sold listings is close to a 10-year season decrease of 4.3%. Although the number of closings dropped over the past couple of months, the market remains ahead of last year with a year-to-date closings up 4.35% over 2016. 

Click here to see the whole DMAR Report! 

Sept. 1, 2017

September Issue of 5280 Recognizes 5 Star Real Estate Agents

In the September issue of 5280 you will see that Garland Thurman has been nominated as a Five Star Real Estate Agent. These award winners represent fewer than 7 percent of real estate agents in the Denver area. That being said, it is proven that they are outstanding in their field by receiving high client satisfaction ratings. 

We want to thank our clients who were contacted in the survey that resulted in Garland winning this award.

Aug. 21, 2017

Need a Ride in Lone Tree? This New Uber App Could Help!

Using Uber's ride-pooling technology and 12 passenger buses that are already part of the city's public Link shuttle service, Link on Demand allows any person with the Uber app to get a ride from any of the locations within the Lone Tree city limits to another. The free Link on Demand ride service has been in partnership developed with Uber, has been testing for a couple weeks now, but they are ready to expand this past the testing to reach out to not only the community but visitors as well.

These free rides will be offered Monday-Friday from 7 a.m. to 7 p.m. through the end of the year. All users have to do is swipe through the app's ride options until they find Link on Demand. With this technology it matches with riders headed in the same direction for maximum efficiency and the drivers do the rest.

Mayor Jackie Millet expects most of the Link's use to be "micro-transit" meaning that most of the riders will be getting to their final destination from the light rail or commuters back to a light rail station. Millet also stated, "This partnership with Uber is the first of it's kind in the nation. I think for a community our size, this work is tremendous. Hopefully, what we are doing here is going to be able to be duplicated by other communities around the country." These shuttles are also handicap accessible as well as have bike racks, something that is not typically offered on a traditional Uber. 

Uber officials are excited about this transit as well. Joe Sanfilippo, Uber's Denver-based senior operations manager says, "Not every city is going to have these resources, but I think that there are a lot of cities and a lot of government entities that have resources that are maybe underutilized or not being utilized in the best way possible and Uber has the technology to help them do that. 

For the full article and more information on Link on Demand click here. 

Aug. 10, 2017

Fall Events in Lone Tree

Summer is coming to a quick end and fall is right around the corner. The city of Lone Tree is putting on multiple events
that will be sure to get you and your family out and enjoying the fall season. Check out the events below. More information and tickets are available through www.lonetreeartscenter.org and www.cityoflonetree.com 

 

August 2017 Events 

August 11th The Motones at The Lone Tree Arts Center Main Stage 

August 12th Summer Sounds at Sweetwater & Annual Street Food Soiree Ft. The Band of Heathens 

August 19th Get Into Golf Clinic at Lone Tree Golf Club 

August 27th Bluffs 8K Trail Race at Lone Tree Recreation Center 

September 2017 Events 

September 5th Spirit Voices with Donnie Betts at the Lone Tree Arts Center Event Hall 

September 9th Wag N' Romp Dog Event at Cook Creek Pool 

September 10th Smirk at Lone Tree Arts Center

September 13th Clara & Company with Sara Parkinson, Philip Stevens, and Betsy Schwarm at the Lone Tree Center Event Hall 

September 15th Blind Boys of Alabama at the Lone Tree Arts Center Main Stage 

September 16th Endless Summer Family Tennis Event at the Lone Tree Golf Club 

September 23rd The Company Men at the Lone Tree Arts Center Main Stage 

October 2017 Events 

October 3rd Up in the Air with Peter Davison at the Lone Tree Arts Center Event Hall 

October 7th Schweiger Ranch Fall Festival at Schweiger Ranch 

October 7th Classic Albums Live: Abbey Road at the Lone Tree Arts Center Main Stage 

October 8th Bird Festival with the Bird Conservancy of the Rockies at the Lone Tree Arts Center 

October 11th Bettman and Halpin at the Lone Tree Arts Center Event Hall 

October 14th Steppin' Out with Ben Vereen at the Lone Tree Arts Center Main Stage 

October 20th National Geographic Live! View from Above with Astronaut Terry Virts at the Lone Tree Arts Center Main Stage

October 22nd Colorado Children's Chorale at the Lone Tree Arts Center Event Hall 

October 27th Take Me to the River: Memphis Soul and Rhythm & Blues Revue at the Lone Tree Arts Center Main Stage 

Aug. 8, 2017

Luxury Real Estate Market Update August 2017

Aug. 7, 2017

Highest Profit Net for Sellers in a Decade

In a recent article published by Realtor Mag, it explains how home sellers in the second quarter of this year, 2017, sold their properties for an average of $51,000 more than they paid for them when they bought them. That being said it is the highest price gain for sellers since 2007, according to a new report by real estate data form ATTOM Data Solutions, when it was $57,000.

When ATTOM Data Solutions began tracking such data the sellers had owned their homes on an average of eight years, this being the longest tenure of homeownership since the first quarter of 2000. However, senior vice president at ATTOM Data Solutions says, "While it's the most profitable time to sell in a decade, its also extremely difficult to find another home to purchase, which is helping to keep homeowners in their homes longer before selling. And the market is becoming even more competitive, with the share of cash buyers in the second quarter increasing annually for the first time in four years."

Out of 118 metro areas with at least 1,000 home sales in the second quarter, ATTOM Data Solutions found that these five cities had the highest percentage of sales in which sellers got top dollar. 

1. San Jose, California with 75% 

2. San Francisco, California with 65% 

3. Seattle, Washington with 63% 

4. Modesto, California with 62% 

5. Denver, Colorado with 62% 

 

To read the full story and to view more pictures regarding this story, click here. 

July 19, 2017

Closure on Lincoln Avenue

 Lincoln Avenue will be closed between Park Meadows and Yosemite Street starting this Friday, July 21st at 8:00 p.m. till July 24th at 5:00 p.m. This is because the 81-ft structural leaf and deck will be installed over the weekend! Below is  a picture of the detour that will be available during this time. 

July 13, 2017

Lone Tree Arts Center Summer Concerts

 

 

The Lone Tree Arts Center is hosting multiple events this summer season. So, if you are looking for something fun to do and are in the Lone Tree area, check out some of these events!

After Midnight on July 21,2017 

If you like to swing dance you will love this group of musicians! Roger Campbell, award-winning clarinetist leads Denver's Big Band Swing sextet. They have performed thousands of concerts all around the world for jazz festivals, clubs, summer concerts and more. They perform chart topping songs by Benny Goodman, Artie Shaw, Lionel Hampton, Nat King Cole, and Frank Sinatra. This bad is modern, exciting, dance-able and great fun for listeners of all ages. 

Doves Cry: A Tribute to Legends Lost on August 4, 2017 

In 2016 the music industry had dealt with the loss of some of the most beloved and iconic musicians. This series is all about remembrance of three of the finest artists of our time, these include: David Bowie, George Michael and Prince. These high-energy performances feature their most popular songs. Join in to pay tribute to the musicians that influenced pop culture and shaped the music industry for generations to come!

The Motones on August 11, 2017 

Round out the summer with this band that is sure to get you up on your feet! The Motones have a cast of very talented singers, a full band and songbook of Motown hits! Their repertoire includes hit songs from The Jackson 5, The Temptations and Marvin Gaye blended with current hits in the Motown style.