The Denver Real Estate Broker Blog

Should you buy a house now in Denver or wait?

The real estate market in the Denver area has been booming, and with mortgage rates, at an all-time high, it's important to know what this means for you.

Many expect more increases from Federal Reserve Chairman Powell on the base rate over holidays. The prevailing opinion of most experts is that the Fed will increase rates by another .75%. As I am sure we all know, this is predicated upon the inflation rate and whether on not it has started to decline.

Of course, most people say this isn’t great but it does provide a helpful backdrop as we start this discussion of whether you should buy now or wait till 2023.

Let's start by asking who is buying right now. Lots of first-time homebuyers. This is a surprise to many. There have been a lot of discussions about people being priced out of the market with how crazy the market has been. However, in the first half of 2022, 45% of homebuyers were first-time homebuyers. This percentage is back to where it was over the...

Why move to Denver

Moving to DenverLooking for a city with plenty of opportunities, exciting nightlife, and stunning natural scenery? Look no further than Denver, the vibrant and energetic capital of Colorado. With its thriving economy, sunny climate, and diverse population, Denver has something for everyone. Whether you mountain bike or simply enjoy great food and drink with friends, there's no better place to be than Denver.

Denver is a truly diverse city, with residents from all walks of life. From young professionals in the tech sector to artists and musicians living in the city's vibrant cultural districts, there is truly something for everyone in Denver. Whether you're looking to connect with new people or find your unique community, you have found the right city.

Looking to start a business or take your...

The secrets to successful real estate investing in Denver

Secrets to investing in DenverDenver is one of the most popular real estate markets in the country, and for good reason. The Mile High City boasts a strong economy, a thriving job market, and an abundance of amenities that make it an attractive place to live.

Denver is the capital and most populous city of Colorado. Located in the South Platte River Valley on the western edge of the High Plains just east of the Front Range of the Rocky Mountains, Denver is nicknamed the "Mile-High City" because its official elevation is exactly one mile (5280 feet or 1609.3 meters) above sea level.

Denver has one of the fastest-growing economies in the United States, with an estimated GDP of $134 billion in 2019. The metropolitan area produces 22% of Colorado's GDP, making it the...

When will the housing deals start in Denver?

When will the housing deals start in Denver? I will try to answer this with some predictions for the next year.

First, we'll take a look at the real estate market in Denver from a historical perspective. Next, we'll look at the current state of the Denver real estate market which should lay a foundation for a reasonable guess of what may happen in the future.

Looking Back

Historical housing numbers

The Denver real estate market has been experiencing extreme price appreciation for the last decade. The average home price in Denver has increased by 218% from 2012 to 2021. That averages to around 24% appreciation, per year, for that timeframe. So, why did that happen?...

Highest and best for your home sale - starts with a strategic marketing plan

The Neir Team at Kentwood today reflected on their April home sales. The month proved to be a good one as a result of our tenacious marketing strategy, which has been in development for twenty-one years. Every house has a story to tell it's our job to tell it The main aim was always to give people greater peace of mind by creating a marketing strategy proven to achieve the highest home value possible....and by experienced application, this service has achieved incredible success thus far.

We strive to provide a comprehensive home listing service. Anyone familiar with the market conditions in the greater metro Denver region will probably have noticed how most listing brokers seem to take photos, print a brochure, and put a sign in the yard. We felt this was a problem because, in a hoStaging allows us to curate a feel for the home....

Urban Living Flats, Central Parks newest affordable housing project

The Urban Living Flat at Central Park

The Central Park Living Flats at the corner of Central Park Boulevard and 36th Ave. in the Central Park neighborhood of Denver is the newest addition to the affordable housing initiative set forth by the city and County of Denver.

The Central Park neighborhood in Denver has a large number of affordable housing units, as this was a requirement of the neighborhood master plan. Most of the affordable housing units in the neighborhood are been made up of townhome units. The Urban Living Flats is the first affordable condo project in the neighborhood.

The Urban Living Flats at Central Park Denver is made up of 132 units on three floors. Each floor consists of 44 units which are a mix of one and two-bedroom units. One-bedroom...

New Decade, New Trends in Real Estate

Extended time at home because of the Corona Virus has us exploring home upgrades and renovation. Simple upgrades that increase happiness and value have been the focus as of late. 

Now let's take a look at how styles are changing as we head into the third decade of the millennia. Keeping up with current style trends and making incremental upgrades ensures that you don’t find yourself in decades old home. Outdated homes take longer to sell and sell for considerably less than their updated counterparts. Secondly, keeping your home updated adds joy to your life, it's a simple fact! 

So, let’s dive into the design trends in real estate that are making a splash in 2020....

Easy Upgrades that Spark Joy for Buyers and Yourself

Happy House Happy Life

The Denver real estate market is scorching hot right now. My opinion on why this is happening is outlined in this article: Why hasn't COVID 19 slowed the Denver Real Estate Market? With a market this hot, as an owner/seller you might tell yourself - buyers will love my home regardless! While this certainly may be true, some strategic upgrades can increase your odds while creating a tidal wave of joy for yourself.

I often see sellers really start considering improvements right around the time they go to sell. This is {nuts emoji}. What if I could convince you that some simple upgrades could spark...

Why hasn't COVID 19 slowed the Denver Real Estate Market?

Why is it so hard to buy a house

With unemployment sitting at around 10.5% in Colorado right now, COVID-19 spiking in many places across the United States and the national news fixated on a stagnant economy, why is it so difficult to buy a house in Denver right now?

You may be asking yourself this very question. All economic indicators should have buyers pausing purchase decisions. Uncertainty about the future has traditionally caused real estate markets to slow down. But this time is different. Why is that?

I have a few ideas on what might be fueling the demand for real estate in the Denver market right now.

First of all, It is extremely cheap to borrow money. Interest rates sit at 3.14% for a 30-year and 2.66% for a 15-year fixed-rate mortgage. ...

Add Value To Your Home With These 9 DIY Improvements

Add home value

Add Value To Your Home With These 9 DIY Improvements

Whether you’re prepping your house to go on the market or looking for ways to maximize its long-term appreciation, these nine home improvement projects are great ways to add function, beauty, and real value to your home.

The best part is, once you’ve secured the materials, most of these renovations can be completed over the course of a weekend. And they don’t require a lot of specialized skills or experience. So grab your toolbox, then get ready to boost your home’s appeal AND investment potential!

1. Spruce Up Your Landscaping

Landscaping improvements can increase...