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!

March 28, 2017

Denver Area Dog Parks

March 23, 2017

New Luxury Construction in RidgeGate

Berkeley Homes and Harvard Communities have teamed up to create a new luxury home community in Lone Tree, Colorado at RidgeGate Parkway and Bellwether Lane. Bellwether Place is offering three home plans that range from 2,900 to 3,300 square feet and are priced from the $800,000s.

 

Opening in spring 2017, the contemporary style homes of Bellwether Place fit right in with RidgeGate’s unique pairing of hip, new urbanism alongside 1,000 acres of nature.

Bellwether Place is an enclave of 18 homes nestled in the heart of RidgeGate, within walking distance to trails, shopping, restaurants, the library, and the Lone Tree Arts Center.  Backing to the new Promenade Park, all homes will offer outdoor living spaces and covered decks designed to take in the amazing western views of the mountains.

Additionally, each of the Bellwether homes will offer open floorplans with oversized kitchen islands for entertaining, substantial windows, a private auto-court for residents and guests and even optional elevators. For more information click here.

 

March 21, 2017

Kentwood's 2016 Award Winning Agents

March 17, 2017

Happy Saint Patrick's Day!

Posted in Communities
March 15, 2017

9599 E. Arbor Place, Englewood

Stepping through the front door you will be impressed with the voluminous feel of this home. There are two story ceilings off the Entry, Living and Dining rooms. From here you will also observe the loft which overlooks these main floor areas.

The wonderful window space makes this a bright and sunny home. There is handsome maple hardwood flooring from the entry which continues throughout the main level. The Living Room is a warm and inviting room, flooded with light through the southern facing windows.

Your guests will love the Dining Room with its two-story ceiling, art niche and glass shelving and multiple windows providing ample natural light with a sunny southeastern exposure.

Tucked away just down the hallway is the Powder Room with hardwood flooring and a pedestal sink.

You will appreciate the bright, open Kitchen with 42” raised-panel upper cabinets with crown molding, beautiful slab granite countertops, stainless steel refrigerator with water and ice dispenser, oven/range, microwave and stainless steel dishwasher. Just off the Breakfast Nook with bay window is access to a quite large rear deck.

The Family Room is open to the Kitchen and has a built-in media center, art niche with shelving and a cozy gas log fireplace.

The main level Master Suite is spacious with its great size and pitched ceiling. The maple hardwood floors continue here and there is a very attractive, contemporary ceiling fan with lighting. Glass-paned double doors provide access to a sunny private patio.

Adjoining the Master Bedroom is the five-piece Master Bathroom with marble countertops, his and her sinks, a marble surrounded jetted tub beneath a glass-block window and a separate marble shower. There are two closets and the walk-in is expansive and includes a glass-block window.

On the upper level you will find a wonderfully bright Loft overlooking the Entry, Living and Dining Rooms with a contemporary glass-paned half-wall. The Loft provides a great space for an office or reading area and includes built-in bookshelves and cabinets.

The two additional bedrooms on the Upper Level, have newer neutral colored carpeting and handsome ceiling fans with lighting and full-wall closets.

The private rear deck provides a great space for entertaining or relaxing outside in the beautiful Denver weather. 

Not only will you have more free time courtesy of the HOA taking care of the grounds maintenance, this home is conveniently located with just a five-minute drive to the Denver Tech Center, only half a mile to the Arapahoe Light Rail Station, and a short walk to parks and trails!

Additional Features:

-Hard-coat stucco exterior and concrete tile roof

-Six-panel front door with transom window and leaded glass sidelight

-Flat ceilings on the main floor are high at 8”11”

-Plantation shutters throughout

-Stainless steel refrigerator with water and ice dispenser new in 2013

-Stainless steel dishwasher new in 2013

-Garbage disposal new in 2016

-Contemporary ceiling fan/lighting in the Master Bedroom new in 2010

-Secondary Bedroom ceiling fans/lighting new in 2015

-Whole house fan with two speeds and timer

-Aprilaire humidifier and air-cleaner

-Fifty-gallon hot water heater

-Roughed-In plumbing for a bath and future expansion in the basement

$579,900

3 Bedrooms,  2 1/2 Bathrooms, 2,483 SF (finished)

View the virtual tour here. View the 3D tour here.

 

 

 

 

 

March 14, 2017

Colorado Avalanche and Denver Nuggets Owner Expands Colorado Real Estate Empire

Announced in The Denver Business Journal, Stan Kroenke has acquired a 4.7-acre retail center in Douglas County for $11.13 million. The 44,898-square-foot Lone Tree Commons shopping center was purchased by the Kroenke Group for $247.78 per square foot.

In December, Kroenke also acquired the Writer Square retail and office complex in downtown Denver for $96 million. Kroenke’s other investments in the Colorado market includes soccer's Colorado Rapids, and his Kroenke Sports & Entertainment owns the Pepsi Center, Paramount Theatre and Dick's Sporting Goods Park.

March 9, 2017

Denver Metro Real Estate Update

March 7, 2017

Denver’s Housing Inventory is Lowest in 32 Years

Metro Denver had a record low number of homes for sale at the end of February, totaling only 3,878 residential properties. This marks the lowest monthly total going back to 1985.

The new low came despite a 19.25% surge in the condo inventory compared to this time last year. Unfortunately this wasn’t enough to overcome a 7.6% drop in the inventory of single-family homes available for sale.

“It is incredibly low,” according to Steve Danyliw, a Denver real estate agent and chairman of DMAR’s Market Trends Committee.

Sometimes a surge in sales drives down the inventory, but that wasn’t the case in February. The number of homes sold in metro Denver fell to 2,805, a 12.2% decline from January and a nearly 13% drop from the February 2016.

Although a big drop, sales are actually in line with the average February sales since 2000 of 2,851 homes sold. Not including this year, the average number of available homes in February since 1985 has been about 14,635. During the housing boom, from 2003-2009, buyers consistently had more than 20,000 homes to consider, with 25,484 available for sale in February 2006, recalls Danyliw.

It remains a seller’s market with demand much higher than supply. The average time on market for both single family homes and condominiums was 43 days in February. Properties below $400k continue to be in high demand selling within a week or two of being listed.

The median price of a single-family home sold in metro Denver in February was up 11.4% from the same time last year. Danyliw predicts the pace of future home price gains will slow as the year goes on due to interest rates rising and buyers being financially stretched to their limits.

 

March 2, 2017

Lone Tree’s Community Center Gets a Name

 

The old Lone Tree library which is being transformed into a community center has been named “The Lone Tree Hub”.

After receiving 75 submissions, the Lone Tree City Council took a vote and “The Lone Tree Hub” was the favorite. According to council member Susan Squyer, the council seemed to think this name was the most welcoming to the community.

Lone Tree resident Andrew Saunderson submitted the name. “Hub, to me, just encapsulated the idea of bringing community together and being a real center for the community,” Saunderson said. “It is a great feeling to be able to name the center that is going to be an active and vibrant part of the Lone Tree community.”

The city purchased the building after the library moved to its new location at 10055 Library Way. Teaming up with South Suburban Parks and Recreation the community center will offer multigenerational and enrichment classes and provide meeting spaces that can be rented. Residents also will be able to pick up and drop off library books at the ‘Hub’.

Feb. 23, 2017

Lone Tree Pedestrian Bridge Update

As you can see in the photo below, workers are beginning to prep for the new pedestrian bridge linking walking/bike paths from the north side of Lincoln to the south, providing a safe crossing for popular destinations on either side of Lincoln Ave.