Dwelling in Denver: A Denver Real Estate Blog

Today in the Denver Market 10.02.14

Thursday, October 2nd, 2014 at 11:58am. 176 Views, 0 Comments.

By: T. Coleman


How's the Denver market? Glad you asked!

Interest in the Denver market remains strong as we head into the fall season. With low interest rates and home price appreciation slowing, many feel the Mile High market is moving towards balance. "“We are moderating back to more of a normalized market, with price appreciation getting away from close to double digits,” said Peter Niederman, CEO of Kentwood Real Estate, in a recent Inside Real Estate News article. “The media wants to make it sound like gloom and doom, but it really is not… It is great to have these big increases in prices to help some people whose mortgages were underwater able to transact real estate again, but double-digit appreciation is very hard to sustain.” 

The demand

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Today in the Denver Market 09.25.14

Thursday, October 2nd, 2014 at 11:49am. 195 Views, 0 Comments.

 

By: T. Coleman

 

How's the Denver market? Glad you asked!

With stabilizing home prices and interest rates holding, many people in the Denver area are looking to the autumn as a chance to find or sell their homes after a tumultuous summer. Bidding wars and escalating prices, coupled with record low inventory, caused many potential sellers to wait with concerns on finding a home to move into. The most sought after price range has been the $200K - $400K. This is traditionally the range for first time home owners and shows how our market continues to draw people wanting to start a home here. While prices will continue to rise, it is predicted they will do so more slowly. "Denver home values have gone up 8.2% over the past year," said Zillow and,

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Neighborhood Hot Spots: Comfy, Hip, & Delicious Right Around the Corner

Tuesday, September 23rd, 2014 at 8:13am. 1,266 Views, 0 Comments.

(Photo Credit: Black Eye Coffee Shop Facebook page)
 

We work and live in a vibrant  city, full of outstanding restaurants, bars, and cafes. These unique businesses are the essential elements that allow our neighborhoods to thrive and develop. We at Dwell Denver love the discovery of new and sometimes hidden gems as well as the celebration of our established eateries. Our "Neighborhood Hot Spot" category allows us the chance to share the love!

Here are some delicious suggestions to try: 

Restaurant/Bar: 

The Kitchen Next Door

Location:  
Virginia Vale: 658 S Colorado Blvd, Glendale, CO 80246

Why:  
I chose this spot because it is conveniently located between my office and my friends who live in SE Denver. Located in the newly developed

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Today in the Denver Market 09.17.14

Wednesday, September 17th, 2014 at 4:24pm. 183 Views, 0 Comments.



By T. Coleman


How's the Denver market? Glad you asked!

As fall feels ever closer, the housing market in Denver is also changing. While last summer was incredibly active and competitive in the Mile High City, there remains a high demand. As prices increased and inventory reached record lows, many potential buyers were unable to find the home they were searching for. Additionally, potential seller's showed reluctance to list their homes out of concern in finding a new home. These two factors are largely the reason there remains high interest in our market.   There are some compelling reasons not to wait till next spring though to buy. Interest rates would be one of the strongest points. In a recent market report Land Title…

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Homegrown Jenna: Why You Should Buy in Denver Today

Tuesday, September 16th, 2014 at 8:15am. 297 Views, 0 Comments.

Why You Should Buy in Denver Today

There is so much talk about it being a great time to buy (said in cheesy realtor voice).  But have you stopped to think about why that actually is? 

Most home buyers may have a general understanding of this hot Denver market, but let's break it down to the nitty gritty.  With a perfect storm of home buying factors colliding in Denver at the moment, it is easy to see why, you too, should get in the market ASAP.

1)  Interest Rates

Interest rates are incredibly low right now, but are going up.  An interest rate can significantly change the amount you pay monthly for your mortgage and the amount you pay in total for your home. 

For example, if you purchase a $250k house, put 20% down, and get a regular 30 year fixed loan

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Today in the Denver Market 09.11.14

Thursday, September 11th, 2014 at 9:31am. 194 Views, 0 Comments.

By: T. Coleman


How's the Denver Market? Glad you asked!

Fall is in the air and our local market remains hot. After months of low inventory and highly competitive bidding, there has been a modest increase of inventory and home prices have leveled some. "The Denver-area home buying market took a breather in August, a shock to some sellers," said Inside Real Estate News. "Overall, last month was the fourth best August for closings in the Denver area. Other than August 2013, which was the best August on record, the last time that there were more homes sold in an August was in 2005."

Home prices began their cool down ahead of the seasonal change in August. "The average price of a home sold in August was $371,805, down 1 percent from the record

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Neighborhood Hot Spots: Fun Spots to Know About

Tuesday, September 9th, 2014 at 8:08am. 356 Views, 0 Comments.

(Photo credit: SloHi Coffee Facebook page)

 

We work and live in a vibrant  city, full of outstanding restaurants, bars, and cafes. These unique businesses are the essential elements that allow our neighborhoods to thrive and develop. We at Dwell Denver love the discovery of new and sometimes hidden gems as well as the celebration of our established eateries. Our "Neighborhood Hot Spot" category allows us the chance to share the love!

Here are some delicious suggestions to try: 


Restaurant/Bar: 

The Thirsty Lion

Location:  
LoDo: 1605 Wynkoop St, Denver, CO 80202

Why:  
We chose this spot because it overlooks the amazing water feature for children in front of the newly remodeled Union Station!

Who Says: Lane Walsh

The

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Today in the Denver Market 09.04.14

Thursday, September 4th, 2014 at 9:47am. 252 Views, 0 Comments.

 By: T. Coleman

How's the Denver market? Glad you asked!

With Labor Day now behind us, we begin to look towards fall and all indications show few signs the hot Denver market will change. "The traditional prime 'selling season' is wrapping up – yet the pent-up demand for housing remains very strong and does not appear to be cooling off as we head into fall," says the Denver Metro Association of Realtors (DMAR). There are, however, factors that might impact some changes. The rise in home prices has slowed since hitting a record high in June with an average home price of $335,890. In their August 2014 report, DMAR showed that the average home price was .04% lower than the previous month while active inventory rose to 8,297 (6.49% increase). The

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Neighborhood Hot Spots: Tasty Treats in Denver's Most Popular Hoods

Tuesday, September 2nd, 2014 at 9:08am. 240 Views, 0 Comments.

 

(Photo: Work & Class Facebook page)

 

We work and live in a vibrant  city, full of outstanding restaurants, bars, and cafes. These unique businesses are the essential elements that allow our neighborhoods to thrive and develop. We at Dwell Denver love the discovery of new and sometimes hidden gems as well as the celebration of our established eateries. Our "Neighborhood Hot Spot" category allows us the chance to share the love!

Here are some delicious suggestions to try: 


Restaurant/Bar: 

The Laughing Latte

Location:  
LoHi: 2001 W 32nd Ave, Denver, CO 80211

Why:  
I needed a quiet place in LoHi to camp out for the morning. They have WiFi, welcome you to hang out as long as you want. With such a convenient location, it was hard to

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Today in the Denver Market 08.28.14

Thursday, August 28th, 2014 at 9:08am. 206 Views, 0 Comments.

How's the Denver Market? Glad you asked!

As students return to school, the summer season begins to draw to a close. Denver's real estate market has been very active throughout the summer. Many believe that with the shortage of inventory and the ever growing population, the "hot" season for real estate is far from winding down. “Denver area homes continue to sell at a rapid pace and at almost 100 percent of asking price, a testament to a strong housing market,” said KirbySlunaker, president and CEO of Metrolist. “Inventory levels remain tight in the Denver metro and surrounding area, showing strong demand and a competitive marketplace.”

"The market is most heavily favoring a seller’s market in the $200,000- $399,999 range where Denver only has

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