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The Real Estate Blog

After more than 20 years of disuse, historic air traffic control tower to become a functioning community center…

Did you miss the recent revealing of plans designed by Oz Architecture? Funded by Punch Bowl Social and Stapleton master developer Forest City, the tower and attached three-story building “will be gutted and house the restaurant, six bowling lanes, and other amenities such as Ping-Pong and private karaoke rooms.”

Check out the full aritcle from the Denver Post.


Another Just Listed: 13877 Barbour Street

This gorgeous Valmont Provincial home by Toll Brothers, beckons to utter perfection with soaring 2-story ceilings, grandiose entrance and endless upgrades, sitting in the height of luxury with tons of sunlight flowing in from a wall of windows and a partial view of the Rockies. The open floor plan features nearly 5,800 total Square Feet with hardwood flooring, a formal living room and dining room, huge Great room with a beam ceiling and stonewall fireplace, opens to a fully updated kitchen with 42” soft-close cabinets, stainless steel appliances, and dine-in slab granite island, mudroom, three-car attached garage, and a HUGE extensively landscaped backyard with spacious patio and fire-pit. The second floor features a master bed with fireplace, 5-piece master bath and three additional bedrooms, two full baths, walk-in closets, and upgraded carpet. And...the unfinished EXTENDED basement is awaiting your creativity. Do you need more bedrooms, a rec room, theatre room? You decide as this wonderful home has tons of space.


Another Just Listed: 10217 E. 31st Drive

Modern urban living with all the conveniences Stapleton has to offer in this McStain home! With 2,244 total Square Feet, the open floor plan has a lovely living room, fantastic kitchen with slab granite dine-in peninsula, stainless appliances with a gas stove and upgraded 42” cabinets opening the great room and kitchen nook.

The second level offers an oversized master bedroom with walk-in CUSTOM closet and bath with dual-shower, two additional bedrooms, full bathroom and upper laundry. This home also features walnut flooring, whole house humidifier, water filter, tankless water heater, surround sound and so much more. Yes, this townhome has a gorgeous finished basement with dry bar --perfect for a theatre, rec room, extra bedroom, workout room…you decide as this home has tons of space and storage. This Stapleton home, located just steps to the new Rec Center with close proximity to Central Park, Bluff Lake Nature Center, Westerly Creek Park, F-15 Swimming Pool & Park & 3 additional swimming pools--absolutely perfect!


Denver moving up and OUT of the Housing Crisis

According to the latest regional economic report from Brookings Mountain West (UNLV), “a rapid 3.3 percent increase in home prices over the quarter positioned Denver to end 2014 with a milestone: It became the first metro area in the region to fully escape the housing crisis as prices matched, for the first time, their pre-recession levels.”


No Kid Hungry...Anyone for a Pig on a Bun?

No Kid Hungry...Anyone for a Pig on a Bun?

© 2015 Jim 'N Nick's Bar-B-Q


One the fence about making a move? Time may be running out...

On the Fence about Making a Move? Time may be Running Out…

In response to the strengthening US dollar and job forecast, the Federal Reserve announced this week that it might increase interest rates, something not done since 2006. This may be frustrating to Buyers scrambling to lock in the lower interest rates in spite of the current low-inventory state.

In their Press Release, dated March 18th 2015, the Federal Reserve explained that an increase “remains unlikely at the April FOMC meeting” as they are waiting to see “further improvement in the labor market.”


State of the Market: March 2015

The Denver Metro Association of Realtors, in their latest Market Trends, reported an increase in the average price of a Single Family Homes and Condo homes from $296,591 to $348,127 in the Denver Metro Area. They also reported that while there were 6,103 active listings this time last year, there are currently only 4,079. Yikes!

This price increase reflects the continuing shortage of inventory competing with a huge demand as seen in January. While Sellers may become more willing to place their homes on the market, prices may not drop and as relatively low interest rates convince Buyers to enter and stay in the market.

CEO of REcolorado, Kirby Slunaker, explained, “…our historically-low inventory levels remain the biggest challenge facing the Denver-area housing market, as they are undoubtedly contributing to rising average home prices and reducing the amount of time homes are on the market.”

This representation is based in whole or in part on content supplied by REcolorado®, Inc. REcolorado®, Inc. does not guarantee nor is it in any way responsible for its accuracy. Content maintained by REcolorado®, Inc. may not reflect all real estate activity in the market.

DMAR Market Trends | March 2015

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