A new report by Real Estate Witch has uncovered a disturbing trend: Since the 1960s, wages have been more or less flat while home prices have more than doubled, outpacing household income since the 2008 financial crisis by three times. This trend is making things increasingly tough—and maybe impossible—for buyers.
Renters are often convinced that they’ll never be able to own a home for several reasons. In reality, people from all walks of life can leverage real estate as a platform for building long-term wealth.
A competitive housing market and aging homes mean many homeowners in Denver are tackling long-planned renovations. See how making home improvements can simultaneously help you build equity while enhancing your everyday life.
Understanding where the market stands and how to leverage it to your advantage are important steps. From setting a realistic price to creating curb appeal and preparing for inspections, here are a list of helpful tips to know before you put your home on the market.
It’s a great time to sell a home in Colorado. One recent study found that Colorado is one of just eight states where more than half of all zip codes saw double-digit increases in home values over the previous year. But, even in a booming market, selling your home is complicated. Check out these expert-tips before you sell your home.
As home prices spiraled ever upward in Denver and every other city on the Front Range, many homebuyers looked east. Like the rest of the state, home prices are up across the board on Colorado's Eastern Plains. Most markets within 50 miles of the Front Range are seeing double-digit price increases in 2021
With fall winding down and winter on the horizon, the traditional seasonal market tempering is also following suit – if just a bit. Buying opportunities still remain and for those looking to make a move and sell, it’s still a good time.
The University’s plan for the new property is to develop a complementary mountain campus to its urban, Denver campus. The property, which will now be known as the James C. Kennedy Mountain Campus, consists of 724 acres of land and almost 60,000 square feet of buildings.
To decide whether you want to invest in a short-term or long-term rental property, lay out your goals and decide how much time you want to invest into your project. Ultimately, both have their pros and cons, so you need to pick the investment style that best suits your needs
A lot of buyers don’t realize there is a lot more to an offer than price. Understanding the seller’s priorities can be a game changer in terms of coming up with an offer that best suits the buyer’s needs and interests.
Recommended best practices when submitting an offer is to go in with your best foot forward. This may mean coming in above asking price, including an escalation clause or other clauses, and limiting other contingencies.
A 2021 study found that, between April 2017 and April 2021, home property values increased by $17,113 more in states where recreational marijuana is legal, compared to states where marijuana is illegal or limited to medicinal use. Let’s take a look at some of the factors that contributed to that significant change in value.
Now is the time for you to arm yourself with knowledge and a strategy to effectively improve your properties and keep them stabilized, making them as profitable as possible, all the while abiding by your wealth management and succession planning goals.
While the growth in the 1950s to the 1980s was largely dictated by car culture, the parking pendulum is swinging the other way. Surface-lot redevelopment in the core of the city, like McGregor Square at Coors Field, is taking off.
A critical investment tool which has been central to the rebuilding of our American economy – especially in diverse communities – is at serious risk as a provision in the $1.8 trillion American Families Plan is under consideration in Washington, DC.
As we embark on the second half of the year, there is both statistical and anecdotal evidence we are beginning to see some signs of a historic “normal” market. The dynamics of our market are unique, and this article offer more specifics for luxury/resort and down valley buyers and sellers.
Real estate investments are one of the best and surest ways to grow your wealth over time. If you’re interested in using 1031 exchanges to meet your real estate investment goals, it is important to understand how the tax code can and can’t work for you. Let's dive in.
In a year marked by pandemic-induced restrictions and “sheltering at home,” there was still plenty of movement when it came to relocations.
Even in today’s market of low inventory and increasing sales prices, it is still less expensive to buy an existing home over building. Here, real estate experts share some pros and cons for both building and buying
Offering a fresh take on roommate living, homeshare programs like Odd Couples Housing connects those seeking affordable housing with those in need of some support to live on their own.
What the owners at ECR are doing is commendable because nearly all this land will be placed into an environmental conservation easement ensuring its protection virtually in perpetuity.
Spring is a kick off to the summer season and a great time to get your home ready to list it so you can take advantage of the momentum leading into the peak summer months.
In keeping with Norman’s stewardship, the entire property—which encompasses a diversity of terrain and vegetation and shares 15 miles of boundary with state and federal lands—will be placed into conservation easement.
The recipe is simple: Take one used building and add money, labor and upgrades to give it new life. The result is a built environment that brings together past, present and future.
