Is Denver The Best Real Estate Market?

By Larry Hotz, Senior Editor

You hear it from bankers. You hear it from real estate brokers. I hear it from people trying to buy or sell a home. And, everyone hears it at cocktail parties.

It’s common knowledge throughout Denver and the suburbs that Denver’s better than the rest of the country. At least, our home prices have depreciated the least and home sales have held up the best.

Denver Home Price Are More Stable Than Most Cities

Denver Home Price Are More Stable Than Most Cities

Over 1000 heard good news about the Denver Real Estate Market at The Kentwood Company Forum.

Over 1000 heard good news about the Denver Real Estate Market at The Kentwood Company Forum.

These facts were just confirmed at the Colorado Real Estate and Economic Forum hosted by the Kentwood Companies. Over 1000 folks showed up to hear a variety of speakers including Erik Davidson Senior Director of Investments for Wells Fargo Private Bank not only repeat the mantra but prove it! Read more

Great Pumpkin

by Montana Gray - Guest Blogger

The first secret is that his place of permanent residence is right here at The Ken-Caryl Ranch in suburban Denver.

The Great Pumpkin Roams In Ken Caryl Valley

The Great Pumpkin Roams In Ken Caryl Valley

The Great Pumpkin is a very special being with an amazing history.  And he’s really magic.  That’s why the only ones who have actually seen him (besides the forest animals) are the ones who still have a child’s heart - the kind of heart that believes in wishes, dreams and fairytale endings. Read more

School Bond Issues

By Doug Hutchins, Douglas County Realtor

ThunderRidge High School in Highlands Ranch

ThunderRidge High School in Highlands Ranch

Two weeks ago I received a phone call from a neighbor in
Castle Pines North who is helping the Douglas County School District hold
informational sessions about their proposed bond issues that will be on the
ballot this November. She asked a simple question that I hear frequently:

How much are home values impacted
by the quality of the local school district?

The Douglas County School District recently mailed a
promotional piece on the bond issue stating that 2% to 10% of your home value
is directly tied to the quality of the school district and that not passing the
bond issue could adversely impact home values. Read more

Avoiding Home Pests

by Carl Brahe, Certified Denver Home Inspector, CHI, CCI

(Ed: We are grateful to have Mr. Brahe contribute guest blog posts from time to time. He is a respected Denver home inspector and his advice is helpful. If you enjoy this article and wish to talk to him about doing a home inspection, do so at Inspection Perfection, Inc - 303-816-5556 info@inspection-perfection.comHe also provided this interesting quiz: How Green is Your Home?)

Carpenter Ants Can Be Pests in Colorado

Carpenter Ants Can Be Pests in Colorado

In Colorado we have few pests compared to most places. Our dry climate make it harder for moist environments to exist that most pests require to survive. For pest to live in our homes they must have a way to enter, sufficient moisture and food to live. The food is usually other pests. Read more

September Home Sales

by Larry Hotz, Lead Editor

September Home Sales For Denver Metro Area

September Home Sales For Denver Metro Area

Denver homes sales soared 15% in September compared to the year ago period. And, homes placed under sales contract went up 20% over that same period. There were dramatically fewer homes on the market too. So, why then did the average price of a home drop by 15%?

I don’t think it really did.  You see, it depends on what you mean by the average price. Read more

Why Use a Local Lender?

Dennis Martin, Littleton Real Estate

What does your mortgage lender look like?

What does your mortgage lender look like?

When is a deal on an internet mortgage not really a good deal? The answer is: When the loan never closes.

Every once in a while I have an experience which I feel I need to share with my clients. Here’s one of those horror stories I just went through.

Recently, another broker brought me a contract on one of my listings. As is the custom, they included a lender prequalification letter. The letter was from an Internet-based loan broker.

Read more

Kentwood Expands Marketing Department

By Larry Hotz, Kentwood Company Broker

Kentwood Brokers with COO Peter Niederman
Brokers Larry Hotz, Sonia Scott and Mary Carole Albi with Peter Niederman, COO of Kentwood Companies

The Kentwood Companies is the only Denver real estate firm that operates its own, in-house Marketing Department. The philosophy of the Company has always been that marketing separates average from superior real estate firms.

In an unexpected move the marketing department has announced that it is nearly doubling the size of its office space. So, we did what l we always do when there’s an announcement. We threw a party! Read more

Riverfront Prices

By John Ludwig, Downtown Denver Specialist

In an exclusive presentation for Fuller Sotheby’s International Realty Brokers on October 3rd, East West Partners’ own Chris Frampton spoke with sincere realism about the market forces at work. “Prices have been reduced,” he touted.

Riverfront in Downtown Denver

Since their initial projects back in the late 90s, I have not seen East West go public with price reductions even once. They have a reputation for creating and selling some of the most expensive real estate in Denver, but even the luxury markets don’t seem to be immune to the overall market forces at work. Read more

Homebuyer Tax Credit

By Elizabeth Hotz, Denver First Time Homebuyer Specialist

First Time Homebuyer Tax Credit

When President Bush signed the Housing and Economic Recovery Act of 2008, many questions arose. One of the most frequent questions I get from my first-time homebuyer’s is regarding the first-time homebuyer’s tax credit. Many real estate blogs across the country have written about this credit. Some have been favorable and some financial blogs have yawned  their way through a review. Read more

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