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 […]
Wheat Ridge Chosen as Ideal for Retirees
November 8, 2014 by Leave a Comment
Livability, an online think tank that conducts research and showcases America’s best places to live, has recently given Wheat Ridge the title of the fifth-best place in the United States to retire. For its study “Best Places to Retire 2014,” Livability looked at: Access to affordable health care Cost-of-living Retiree-friendly businesses and services Natural amenities […]
Doubled-Up Households
November 5, 2014 by Leave a Comment
According to a new Zillow analysis, an increasing number of American adults are moving in together to share expenses as rental rates continue to outpace income. As of 2012, 32 percent of adults live in doubled-up households (homes where two or more working-aged adults live together but aren’t married or partners). The share of doubled-up […]
Denver’s New Affordable Housing Plan
November 3, 2014 by Leave a Comment
A new, five-year affordable-housing plan for Denver was unveiled, providing a guide for housing programs and policies through 2019. The plan, called Housing Denver, will seek to work with nonprofits and private sector developers, as well as the financial community, to build an inclusive housing market. Housing Denver is a broader effort than the city’s […]
Colorado: The Happy State
October 30, 2014 by Leave a Comment
According to WalletHub’s 2014 Most and Least Happy States in America study, people in the Centennial State are happier than almost the entire rest of the country, with Colorado coming in fourth out of 50 states. The study ranked states based on: 1. Emotional and physical health 2. Work 3. Community, environment and recreational activities […]
Denver: Fifth Best Market for Sellers
October 24, 2014 by Leave a Comment
According to a new report from Zillow, Denver is the fifth best market for sellers of homes in the nation. Within metro Denver, Evergreen is the top buyers’ market. Top sellers’ markets are not necessarily those where home values are rising, but instead are those in which homes are on the market for a shorter […]
Buying Investment Property
October 23, 2014 by Leave a Comment
With historically high rents being collected and expected to rise, we have several clients who have asked us to help them with purchasing investment properties. One client is interested in purchasing duplexes and triplexes, another only wants single-family homes, and yet another only wants town homes and condos. Some investors are open to any type […]
Unemployment Falling Despite Lost Jobs
October 22, 2014 by Leave a Comment
Colorado lost 700 jobs in August, however, state unemployment still fell two-tenths of a point, to 5.1 percent – its lowest level in six years. August was a paradoxical month in which two different government employment surveys (one of employers and the other of workers) showed differing job trends in Colorado. The August survey of […]
Imagine a Future without Utility Bills
October 21, 2014 by Leave a Comment
What would it be like to not have to pay a utility bill ever again? Net zero communities are communities that use power only from energy they produce through solar, wind, and underground geothermal systems on site, ending all dependence on electric and gas provided by utility companies. Fascinatingly, the largest net zero community in […]
Part 3: The Future of Solar
October 17, 2014 by Leave a Comment
Colorado consumers and the economy could greatly benefit if home builders had a more predictable and consistent program in place for the widespread installation of solar systems in new subdivisions. A typical homeowner can save more than $40,000 over 30 years by reducing energy bills 50 percent with standard rooftop solar system on an efficient […]