Life Style Denver by Gretchen Faber

Buying a Denver Home? Make Sure Your Cash is Unlocked!

Section 4.3.2 of the Colorado real estate contract requires you to choose whether your "cash to close" is immediately verifiable or not. The clause in the contract states: 4.3.2. Available Funds. All funds required to be paid at Closing or as otherwise agreed in writing between the parties shall be timely paid to allow disbursement by Closing Company at Closing OR SUCH PARTY SHALL BE IN DEFAULT. Buyer represents that Buyer, as of the date of this Contract, Ο Does  Ο Does...Continue Reading!

Denver Colorado Real Estate Statistics | February 2012

We did it again,  Inventory is down for the 8th straight month.  As of the end of February, we have just 8,082 single family homes available for buyers to view. On Friday last week, our office set 101 showings in one day.  We had to take a fire extinguisher to the phones at the end of the day.  The most showings I can remember the receptionist setting up on a busy Friday during the heyday was about 72, and that was...Continue Reading!

Denver’s Union Station Redevelopment on Track

Denver's Union Station Redevelopment is underway and miraculous changes are happening daily. Frank Cannon of Continuum Partners gave a special presentation to Kentwood Real Estate Brokers and Managers last Friday with exciting photos and an update on what the "new" Union Station will look like in just a couple of years. Continuum Partners and East West Partners have teamed up on this massive project.  It will transform the neighborhood into a vibrant multi-modal transportation hub right in the heart of downtown Denver. In...Continue Reading!

Kentwood Real Estate Teams Up With Christie’s International

Kentwood Real Estate is Denver's leading independent residential real estate brokerage, and with this month's affiliation with Christie's International Real Estate the powerhouse brokerage adds another strategic tool to our toolbox. Christie's International Real Estate is the largest international real estate network in the world and hosts over 9,300 properties $1 million and higher on their web site.  Kentwood Real Estate's web site, www.DenverRealEstate.com, hosts all of the MLS-IDX listings in Denver, with numerous luxury homes prominently featured. Kentwood Real Estate began...Continue Reading!

Denver Architecture Columns & Coffee Event

Denver's chapter of the Institute of Classical Architecture & Art offers monthly get-togethers to share information about local architecture and building design. Columns & Coffee provides education about classical influence in local architecture. February’s Columns & Coffee provides another rare opportunity to learn about The Equitable Building, one of Denver’s most beautiful commercial buildings, from the inside out.  This month’s tour will be directed by Tom Noel, whose extensive knowledge of the Equitable Building and humorous insight will combine for a memorable...Continue Reading!

Realistic Sellers Sell Their Houses

A few days ago, I showed a house to a motivated couple who want to find their next Denver home before Valentine's Day. They liked it, and decided they might make an offer.  Being savvy buyers, they asked me to give them an analysis of other properties that had recently sold around the listing they were considering. I also pulled the history of the listing, and we found that the house had been on the market for 10 months, with two different...Continue Reading!

Denver Colorado Real Estate Statistics | December 2011

The end of 2011 came with few surprises for those of us in real estate, and one big one. The inventory of homes for sale in Metro Denver is nearly 40% below this time last year.  It's so low, that I can remember a time when it was almost triple what it is now. What this will most likely do is accelerate the pace of home sales. With less on the market, it should take less time to sell your house. Eventually, the...Continue Reading!

Denver is THE Top Real Estate City for 2012

[youtube]http://www.youtube.com/watch?v=Y9frmEv-vPA[/youtube] Have you seen this recent news report about Denver real estate? Denver is cited as the number one city to invest in real estate by Greg Rand of Own America. Watch the clip as Greg covers the metrics that influenced his decision: Lifestyle and livability Relatively low unemployment as compared with the national average In-migration of people relocating to Denver A foreclosure rate that is half the national average A young population Low cost of living Fresh air 9 Fortune 500 companies and growing Denver isn't a secret any longer.  The...Continue Reading!

October 2011 Case Shiller Shows Strength in Denver Home Values

The S & P Case Shiller Home Price Indices were published yesterday for the period ending October 2011. Seasonally adjusted home prices, from September to October were up .5%.  Denver lagged only Phoenix in terms of non-seasonally adjusted figures at a drop of .2%.  Phoenix was the single city in positive territory, non-seasonally adjusted September to October. Overall, the national market was down 1.2% for the 20 City composite used by Case Shiller.  Denver continues to outpace the country, and the gap...Continue Reading!

Denver Colorado Real Estate Statistics | November 2011

Imagine you want to move from your city, small town, or suburb to a new location. This new city isn't as large as NYC or LA, but it's big enough to offer you the company of over 2 million residents metro-wide, all the major professional sports, plenty of arts and culture and great restaurants for foodies. Added to that, a fun outdoorsy lifestyle. Now imagine that you begin your home search in this city, only to learn that there are a little...Continue Reading!