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!

Feb. 22, 2018

Lone Tree Introduces Small Cell Wireless Facilities

Small Cell Wireless FacilityIn Lone Tree, CO a recent law was passed by Colorado Legislature allowing the installment of small cell wireless facilities. With the increase of our daily use of cell phones and being able to be virtually anywhere, this is some exciting news! 

These small cell wireless facilities are low-powered antennas that will provide cellular and data coverage to smaller areas. These will be unlike the large cell towers you may have seen, they are meant to be smaller, less intrusive and blend well into the background. 

Photo From City of Lone Tree

Wireless providers want to expand their networks because the demand for mobile data has not slowed. Smartphone data traffic in North America has more than double between 2016 and 2018 and is expected to double again between 2018 and 2020 according to City of Lone Tree News. 

Almost all of the traditional wireless communication providers are proposing new wireless facilities in Lone Tree. This includes Verizon Wireless, Sprint,AT&T Wireless and T-Mobile. There are also some third-parties that have shown interest as well such as Mobilitie, Zayo and Crown Castle. 

 

When the Colorado State Legislature passed this new law requiring all cities, towns and counties in Colorado to accommodate wireless communications facilities in the public right-of-way. This is just like we allow gas, electric, water and sewer utilities. The city has established design guidelines that can guide color and height, Lone Tree cannot prohibit a wireless provider from locating new poles along the streets. 

The City of Lone Tree has worked with other municipalities in the Denver area to establish design guidelines that will minimize the visual impact. Depending on the location they could look like a flag pole or a traffic light. Some existing street lights or traffic signals may be spots already in place for attaching these new wireless facilities. 

Feb. 14, 2018

February Denver Metro Real Estate Stats

The average sold price for homes in February was $449,429 that is up 1.56 percent from the prior month and 11.84 percent up from January 2017. The amount of homes sold are down 36.22 percent from the prior month with only 2,736 homes sold in the Denver Metro Area. That's 15.74 percent from January 2017. The average days on market is 52 up 6.12 percent from the prior month. There are currently 3,869 homes currently active on the market. 

February Denver Metro Real Estate Stats

Feb. 14, 2018

Happy Valentine's Day!

Feb. 12, 2018

An Easy to use RIDGEGATE MLS SEARCH is just clicks away!

One of the BEST features that I am proud to offer on my website is the RidgeGate Real Estate Search. 

It is a comprehensive search where you can search for any type of home that are available for sale in the entire Ridgegate area The options that are available are  residential, condominiums, foreclosures, vacant land, income properties and more.   You can search in a couple of different ways depending on where your interest lies. You can search by MLS number, school district,  address or even the zip code.

It is the quickest and easiest search available on the internet.  If you would like to save any of the searches and/or specific listings that you may find yourself interested in, you simply need to sign up. It only take a few minutes, there is no obligation and to sign up requires limited information.  To get started just click HERE.

Feb. 9, 2018

Luxury Real Estate Market Update February 2018

Feb. 6, 2018

2018 Winter Olympic Schedule

Feb. 2, 2018

Lone Tree Named Best Place to Live in Colorado!

On January 26th, Money Magazine rated the top places to live in all 50 states. Lone Tree ended as the best place to live in the state of Colorado! It is no surprise of course that this city has been chosen for the best, with its short distance to downtown Denver, exciting restaurants and plenty of different sub-areas Lone Tree is the perfect spot for a permanent residence! The city truly lives out it's city motto, "It's a great day to be in Lone Tree!"

RidgeGate, one of the neighborhoods in Lone Tree, was designed as an urban setting where one can walk to shopping, restaurants, an arts center, parks, walking/jogging trails, health care and much more. RidgeGate is know for its Urbanscape a unique horizon of natural open space mixed with density and a sustainable community. Visit RidgeGate today to see what this blended community has to offer.

Check out the links below to learn more on Lone Tree and RidgeGate!  

Lone Tree 

RidgeGate

 

Jan. 30, 2018

What's Happening in February at Lone Tree Arts Center

The Lone Tree Arts Center puts on many great events over the year, February is a busy month for them. They are offering lots of exciting acts that includes acrobats, dancers, a Canadian Crooner and secret keepers. Read more below on what you can expect to see this month. 

Cultural Traditions of Mexico through Dance February 6th 9:30 a.m. & 11:00 a.m

Tots will learn dance skills, footwork and different Latino Rhythms by focusing on Mexican cultural celebrations. These two classes will be lead by Colorado's Jeannette Trujillo. 

Peking Acrobats February 7th 7:30 p.m. 

This group performs daring moves atop a precarious pagoda of chairs. They defy gravity with amazing displays of contortion, flexibility and control, experts in the fields of trick-cycling, tumbling, somersaulting and gymnastics.

PostSecret: The Show February 8th 7:30 p.m.

PostSecret is an immersive, poignant journey through humor and humanity of the personal stories we keep to ourselves and sometimes, on a rare occasion, share with others. 

Matt Dusk February 10th 8:00 p.m. 

A multi-platinum selling artist with numerous number one hits globally. He has been compared to music greats like Frank Sinatra and Michael Buble. Treat your valentine to this cool Canadian crooner. 

Passport to Culture: Chinese New Year Celebration February 11th 1:30 p.m. 

Celebrate entering the year of the dog with different dances that tell a story embracing the culture of the Chinese New Year festivities. 

Love, Improvisation and the Great American Songbook February 14th 1:30 p.m.

Join the Tina Phillips Jazz Trio for an interactive afternoon exploring jazz. .

Moscow Festival Ballet: Cinderella February 15th 7:30 p.m. 

This performance features a beautiful blend of storytelling, humor, splendid scenery and costumes promising to make you believe in "happily ever after." 

 

Click here for more information at Lone Tree Arts Center. 

 

 

 

Jan. 24, 2018

Kentwood Real Estate Announces Leadership Changes

Kentwood Real Estate, Denver’s foremost residential real estate company, today announced that Gretchen Rosenberg has been promoted to president and chief executive officer.  Peter Niederman has been named chairman where he will continue to play an active role supporting Rosenberg and her leadership team. 

Rosenberg began her successful real estate career in 1996 as a Realtor®.  She joined Kentwood in 1998 and in 2006 was named managing broker of Kentwood’s Cherry Creek office where she has provided guidance and direction to the offices’ 80 agents and staff.  In 2009, Rosenberg was named “Realtor of the Year” and in 2012, earned “Broker Manager of the Year” by the Denver Board of Realtors. 

As president and CEO, Rosenberg will shape the company’s strategy and direct operations with a focus on driving future growth while preserving Kentwood’s legacy of exceeding clients’ expectations. 

“I have had the privilege of working with Peter for more than a decade and have learned a tremendous amount from him,” said Rosenberg.  “We have a team of immensely talented agents, sales managers and employees and I look forward to leading Kentwood to its next level of growth and performance, supported by our excellent management team.”

“I am proud of everyone at Kentwood and what we have achieved,” said Niederman. “Gretchen has a unique understanding of the real estate business and outstanding leadership skills.  With Gretchen at the helm, the future of Kentwood Real Estate couldn’t be brighter.” 

Niederman was named president and CEO in 2007 and under his leadership the company has grown to be among the top 100 ranked real estate companies in the nation.  In 2015, the company earned the No.1 ranking in Colorado and the No.3 ranking nationally for the highest average volume sold per agent.  Niederman, a long-time resident of the area, is widely recognized for his industry expertise and leadership, community involvement and is active in the real estate industry on both the state and national levels. 

 

“Peter’s leadership helped guide Kentwood to its position as one of the leading real estate companies in the country,” said Ron Peltier, chairman and CEO of HomeServices of America. “On behalf of HomeServices, we thank him for his many contributions and insights.  Gretchen’s leadership qualities together with her extensive industry knowledge and perspective are a powerful combination and we look forward to working with her in the months and years to come.”

Brandon Brennick, an accomplished real estate professional who has spent his entire career with Kentwood Real Estate, will now serve as managing broker of the company’s Cherry Creek office.  Brennick has received the Denver Metro Association of Realtors’ Excellence Award for 18 consecutive years.  He is known for his knowledge about all segments of the real estate business, including residential sales, investment properties, contracts, negotiations and more.

 

Jan. 22, 2018

Denver's Housing Inventory Reaches Low Levels

Denver's housing market has been known to be among the most challenging and the available inventory for sale is reaching a new low. In a report from Zillow, it has Denver seeing a 25.8% decrease in homes listed in the past year. The report states, "the inventory shortage is approaching crisis levels." 

In the report by Zillow, the two markets that were at a larger shortage than the Denver housing market was the California housing market San Jose with inventory down 40.6% from previous year and San Francisco down from previous year by 27.1%. Additionally, nationally there was a 10% decline in home for sale. 

Aaron Terrazas, Zillow senior economist, says in a statement "The market is starving for new homes, but it won't be easy for builders struggling with high and rising labor costs." Earlier this month, Zillow reported 39.8% of all Denver homes last year sold above original listing price. 

In a study titled "one of the most challenging markets for prospective home shoppers" conducted by LendingTree Mortgage Company. This article shows how competitive this market is. Denver ranked third, behind once again San Jose and San Francisco, when it comes to competitive U.S. markets. The three main criteria that LendingTree used was the share of buyers shopping for a mortgage before identifying the house they want, average down payment percentage, and percentage of buyers who have prime credit. 

As the year is just beginning, there will be plenty of trends in the future and the inventory will continue to fluctuate.