Will the Changes to Construction Defect Law Cause Glut in Condo Inventory?

Will the Changes to Construction Defect Law Cause Glut in Condo Inventory?

Two changes to to Colorado’s construction defect law have raised questions about whether condo construction and conversion will cause a glut in condo inventory —- the a/k/a “condo shadow inventory.” Some brokers might be saying, “Oh no, we’re going to have a bunch of properties hitting the market and prices will fall.” Other brokers might by saying, “Thank goodness, finally we will get some needed additional inventory in the first-time home buyer market.read more…

How Do I Get Neighborhood Farm Reports – For FREE?

We often get requests from real estate brokers wanting to know all the addresses of the owner-occupants in a certain neighborhood. What most brokers don’t know is that you can obtain these reports (with a lot of different filters applied) for FREE with only a few mouse clicks.

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Why Aren’t More People Selling Their Homes?

Remember when the average home ownership tenure was 5-6 years?  That average length of tenure has increased substantially since the Great Recession housing bust. The median length of time people owned their homes rose to 8.7 years in 2016.  Despite years of population...

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Top 5 Neighborhoods, 1st Quarter 2017

Each quarter we analyze the rate of appreciation for every neighborhood in the Denver Metro area. We look at the appreciation rate for the current quarter and compare it with the same quarter the previous year. Here are the top appreciating neighborhoods for 1st...

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Denver Moves Up to Rank #4 in Places to Move

Want to know where people are moving? One way to do it is to track the destinations of one-way rental moving trucks. A study conducted by Penske Truck Rental did just that. Per the study, Denver ranks 4th among the top destinations in the nation. This is an increase...

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Aurora Lands Two Large Employers

Aurora has attracted two large employers – Amazon and Walmart. Amazon is building a fulfillment center and expects to employ 1,000 workers at the facility.   The 1 million square foot facility is expected to open before the next holiday season.  A little closer to the...

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Good (Business) Reads for 2017

Each year our team is asked to provide a list of good business books. Here are some books that we’ve read (or listened to) over the course of the last 12 months. You can find all of these on Amazon or Audible. “Alexa, download these books.”

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