Giving gifts is a staple of the holiday season, but it isn’t always as fun as it sounds. The hassle of going to the mall or dealing with lost online orders can put a wet blanket on the holiday spirit. If you’re looking for a better way to do your holiday shopping this season, why […]
Archives for November 2014
The Season of Gratitude
At Alaris Properties, we try to take the time every day to show our gratitude and we encourage everyone else to do the same. The approaching holidays are a great reminder that there is a lot to be thankful for. In life, we believe that gratitude is the key to joy, happiness, appreciating beauty, and […]
State Unemployment Drops Below Five Percent
Colorado’s unemployment rate dropped to 4.7 percent in September, the lowest rate since June 2008, and the state added 14,600 payroll jobs from the previous month. It’s the first time in more than four years that Colorado unemployment has been under 5 percent. Meanwhile, the payroll job gain last month was nearly double the state’s […]
Price of Solar Power Panels Dropping
The price of solar power panels dropped as much as 19 percent nationwide in 2013 and is expected to drop by as much as 12 percent in 2014. The price of solar power panels for utility-scale projects fell below $2 per watt in 2013 and have continued to drop in 2014 to about $1.80 per […]
Foreclosure Filings Down After Recent Spike
According to RealtyTrac, Foreclosures in Colorado continued trending downward in October, after the state experienced a spike in foreclosure filings in the third quarter. The state had 653 properties with a foreclosure filing in October, down 37.5 percent from September and 56.8 percent from October of last year. The state experienced a 57 percent increase […]
Apartment Vacancy Rate Dropping
Vacancies in metro Denver in the third quarter dropped almost a full percentage point to 3.9 percent. In the second quarter, the vacancy rate was 4.7 percent. From second to third quarter, the average rent in the metro area rose to $1,145 per month, about a 2 percent increase over the previous quarter when the […]
RTD Update
Parking is changing at five lots along the West rail line, the Regional Transportation District’s newest rail line. RTD, which launched a pay-for-parking program in 2009, started charging for parking at five of the 11 stops along the West line, which runs from Golden to Denver Union Station. The paid parking program covers 38 of […]
What’s Up With LoDo?
A new report affirms just how much people want to be in LoDo by demonstrating how much more they’ll pay. Average rents for Class A office space in LoDo were around $40 per square foot for a full-service lease in the second quarter, compared with around $33 per square foot for office properties in all […]
Luxury Home Sales Near $1 Billion
In the first three quarters of the year, luxury sales in the Denver area hit almost $1 billion. Check out these statistics: 1. Buyers purchased a record $978.76 million worth of single-family homes and condos priced at $1 million or more in the first nine months of the year, a 4.5 percent increase from the […]
