Tag: Denver Real Estate
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Denver leads major U.S. cities in share of homes that have LOST value year-over-year
Zillow recently released a report on how the housing markets in major American cities are doing year-over-year and data is shocking. While roughly 53% of homes in the U.S. have actually lost value in the past year – the most since 2012 – Denver tops the list in terms of how many properties are worth…
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Having it both ways: Classic Tudor gets a mod-makeover in Hilltop
Denver’s Hilltop neighborhood — arguably the city’s chicest quarter — has a reputation for classically styled homes built in the 1920s and 1930s. But the popularity of the area over recent decades has seen some of the older houses scraped in favor of bigger, flashier, contemporary styles. But there are plenty of buyers who still…
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Son to take over 70-year-old Denver development firm
Buz Koelbel ran a top Denver real estate development firm for nearly half a century — but he’s stepping down as CEO to hand the business over to his first-born son. Carl Koelbel will take over as CEO and president of Koelbel and Co., the real estate firm announced this week, continuing the tradition of being…
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High rates send a chill through Denver’s holiday home market
While retailers here and around the country are optimistic about a great holiday shopping season in coming weeks, real estate agents are feeling no such glee as the inventory of homes-for-sale falls, driving long term prices higher. “This market is going to be a function of mortgage rates, and that controls buyers and it controls…
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Metro Denver homes sales market volume dives 30% in a year
While May provided some bright spots for metro Denver’s home sales market — namely more new listings than April for buyers to choose from — the market still “feels off,” according to the Market Trends Report released by the Denver Metro Association of Realtors Saturday. That’s likely due to the 30% drop in sales volume year-over-year, from…
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Denver’s residential real estate market paying big dividends
With just 1,226 homes for sale at the end of February and average prices inching up again, metro Denver’s residential real estate market shows no signs of slowing down in 2022, according to a Market Trends report released Thursday by Denver Metro Association of Realtors. Average sales price rose to $647,776, up 6.58% from January…
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Denver’s former Art Institute building to become studio apartments
The building that used to hold the Denver Art Institute of Colorado is slated to become art-themed studio apartments, according to developers Nichols Partnership. The newly-named Art Studios building will consist of 194 studio apartments located at 1200 Lincoln St. in the Golden Triangle neighborhood. The building, built in 1962, served as the for-profit art…
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Chicago company launching Denver apartment complex with members club, communal living
The Chicago-based X Company is set to launch X Denver next month, an 813-bed apartment complex complete with a members club and communal living options. The complex offers co-living suites with three and four bedrooms in addition to traditional studio, one-bedroom and two-bedroom apartments. About 60% of the units are traditional apartments. “We are thrilled…
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Law firm signs on for one-third of new McGregor Square’s office space in LoDo
Lewis Roca Rothgerber Christie LLP is moving its Denver office to the new McGregor Square in Lower Downtown, signing on for two of the square’s six floors of office space, the law firm announced Tuesday. The law firm and its predecessors have been apart of the Colorado legal community since 1903, with offices in Denver…
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McGregor Square: A sneak peek into downtown Denver’s future ‘entertainment hub’
After four years of planning and construction, the newest addition to downtown Denver is coming in 2021. McGregor Square, across the street from Coors Field in Lower Downtown, aims to become the place to be in Denver. The $365-million project includes three towers that will house condos, a hotel, office space and numerous shops and…