Builders broke ground on more homes than forecast in October and construction permits climbed to the highest level since March 2010, according to Bloomberg.com. Some believe that this increase is a sign that housing may become less stagnant in the third year of economic recovery.
Starts decreased 0.3 percent to a 628,000 annual rate from September’s 630,000 pace that was slower than previously reported, according to the Commerce Department. The median estimate of economists More...
As the winter soltice approaches, afternoon dusk will play the early visitor. Daylight is officially shortened. Adjusting to the dark? The brilliance of less daylight, is discovering what we can do with darkness…light it up!
A quick drive around the micro neighborhoods of this late autumn/ early winter wonderland will lighten any life. Larimer Square is dazzling in a canopy of white lights that stretch the entire city block. Cherry Creek North is wired in tiny white lights along More...
Moe Veissi, president-elect of the National Association of Realtors (NAR),
recently outlined the association’s recommendations for housing finance reform before the House Financial Services Subcommittee on International Monetary Policy and Trade.
According to a story posted on www.realtor.org, owning a home has had long-standing government support in the U.S. because home ownership benefits individuals and families, strengthens communities, and is integral to the nation’s More...
McStain is getting ready to break ground on its first new single family home in the Curtis Park neighborhood this week! The project, located on the corner of 31st and Arapahoe directly across the street from Mestizo-Curtis Park, will include five Energy Star qualified homes, two different floorplans with 3 bedrooms, 3 baths, just over 2,000 square feet above ground, private backyards and 2 car detached garages. They will have timeless Victorian exteriors with vibrant colors yet all of the More...
The Labor Department’s latest job report showed hiring in an industry battered by job losses has gained some ground. According to USAToday, construction firms added 26,000 jobs nationally in September, trailing only health care, professional and business services.
Contractors added 53,000 jobs this year after losing about 150,000 last year and 2 million in the recession. Some construction industry observers said the latest gains could herald at lease a moderate turnaround next More...
Pending home sales slipped in August with a mixed regional performance, but are higher than a year ago, according to the National Association of Realtors (NAR). The Pending Homes Sales Index, a forward-looking indicator based on contract signings, declined 1.2 percent to 88.6 in August from 89.7 in July, but is 7.7 percent above August 2010 when it stood at 82.3. The data reflects contracts but not closings.
Lawrence Yun, NAR’s chief economist, said the decline reflects an More...
A California couple recently purchased there first vacation home at a California ski resort. At $200,000, the condo was a bargain compared to a past price of more than $400,000. The couple also realized they could rent the condo to help pay their mortgage and expenses.
More and more people are considering the purchase of a vacation retreat because conditions are ripe to fulfill this dream. Prices on vacation homes have fallen even more sharply than primary homes. More...
New to the marketplace is a custom home by Muscle Builders, constructed in 2008. The six bedroom, five bath home has 5623 finished square feet, putting it at a price per square foot of $231.19! The 6300 square foot lot boasts professional landscape, two outdoor patios, a side yard and a true 3 car garage! The HVAC system is hot water heat and the home is air conditioned. The construction is stucco with stone with interior finishes of hardwoods, granites, marbles and slate. A floating More...
With some 2000 square feet, mountain and skyline views, this 2-bedroom, 2-bath residence with two side-by-side garage spaces at 7000 E. Quincy Ave., C407, is bargain priced at $189,900. That’s just $97 per square foot, 35% less than the average $149 per square foot paid for Denver condos through June of this year. An iconic 1979-vintage crescent shaped building that welcomes pets, the Promontory sits on 8 acres of landscaped grounds, with pool. Tour it virtually on Kentwood Real More...
Vintage 2 Bedroom, 2 bath bungalow at 736 S. High St. in the heart of East Wash Park will be listed for its single lot value at $370,000. The home features a full basement, 1083 Sq Ft each floor…the Estate sale last weekend was a huge success and I expect this value priced home to sell quickly!
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