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Bosler House faces foreclosure

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Highlights:

  • Denver files a foreclosure action in an effort to save the Bosler House.
  • Saving the Bosler House in NW Denver started in 2009.
  • The Bosler House was declared a Denver historic home in 1984.
Denver is filing a foreclosure action and is seeking a receiver to restore the Bosler House.

Denver is filing a foreclosure action and is seeking a receiver to restore the Bosler House.

The city of Denver has filed an action to save the Bosler House in Northwest Denver by foreclosing on it.

The Bosler House is considered a gem of a historic house that has been badly blemished and damaged by being exposed to elements from holes in its roof since 2009. Continue reading Bosler House faces foreclosure

BHP launches Project Renovate in Boulder

Highlights:

  • Project Renovate unveiled by BHP.
  • Project renovate is a $78 million affordable housing plan in Boulder.
  • Project Renovate is BHP’s most ambitious plan in its 49-year history.

 

By John Rebchook

Project Renovate is the most ambitious affordable housing development yet by BHP.

Project Renovate is the most ambitious affordable housing development yet by BHP.

It’s called Project Renovate.

Boulder Housing Partners  on Tuesday unveiled details of Project Renovate, a $78 million plan to purchase and renovate 279 affordable housing units in this city long known for its expensive housing.

Project Renovate will allow low to moderate-income people to live in Boulder, a city nearing the point where even rental units are not available for those making less than $50,000 per year. The median sales price of a Boulder home on the market is $775,000, according to COhomefinder.com. Continue reading BHP launches Project Renovate in Boulder

Farley: Denver's zoning addresses heights

Highlights:

  • Guest column by Dick Farley.
  • Farley is a former Denver City Planner.
  • Farley addresses heights and densities.

By Dick Farley

Special to InsideRealEstateNews.com

Height and density are not the dames, says planner Dick Farley.

Height and density are not the same, explains planner Dick Farley.

Like cousins, building height and density are related but different. Continue reading Farley: Denver’s zoning addresses height

Elitch Lanes: Natural Grocers, not apartments

Highlights:

  • Elitch Lanes closing this week.
  • Elitch Lanes has been in Berkeley for more than 60 years.
  • Elitch Lanes is being replaced by a Natural Grocers.

(Editor’s Note: Elitch Lanes last day as a bowling alley is scheduled for this Sunday. To put the sale into perspective in today’s real estate market, I am reprinting an article I wrote for the March 1 edition of the Colorado Real Estate Journal).

 

By John Rebchook

Elitch Lanes has been a Denver icon for 63 years.

Elitch Lanes has been a Denver icon for 63 years.

Littleton Capital Partners recently sold the Elitch Lanes bowling alley site in an increasingly popular northwest Denver neighborhood to a developer that will build a Natural Grocers on the 1.2-acre site at West 38th Avenue and Tennyson Street.

While many residents in the Berkeley neighborhood and the nearby West Highland neighborhood are sorry to see one of the last family-operated bowling alleys in Denver leave, a Natural Grocers did not usher in the protests and objections that are now commonplace for apartment developments.

In fact, some real estate observers were surprised that the relatively large site infill site was sold to a Realtor, and not a multifamily developer. Continue reading Elitch Lanes: Natural Grocers, not apartments

New listings 40% higher than home inventory

Highlights:

  • New home listings far exceed housing supply.
  • Active listings could triple or quadruple to meet demand.
  • Last month was the lowest April ever in terms of active listings.
A snapshot of new listings in the Denver market.

A snapshot of new listings in the Denver market.

By John Rebchook

An average of 235 new listings of homes and condos came on the Denver market each day last month.

The 7,059 new listings that hit the market in April were 40 percent higher than the 5,025 inventory of unsold homes on the market last month, according to a report released last week by the Denver Metro Association of Realtors.

Last month, had the fewest number of active listings for any April on record. Continue reading New listings 40% higher than home inventory

Polimino: FSBO pitfalls

Highlights:

  • Guest column by Dan Polimino.
  • Polimino is a broker with Keller Williams.
  • Polimino discusses pitfalls of For Sale By Owner transactions.

By Dan Polimino

Special to InsideRealEstateNews.com.

 

Dan Polimino discusses pitfalls of buying a FSBO.

Dan Polimino discusses pitfalls of buying a FSBO.

The number one thing we hear from our buyers everyday is there are no homes to buy on the market.

This is the biggest challenge the real estate industry is facing in the Denver metro area at this time.

Inventory has never been this low and as such, people are wondering how they could find a home to buy.

Consumers have taken to the Internet to try to find homes to buy that are not on the market, on sites like Zillow, Trulia, and For Sale By Owner. Continue reading Polimino: Realtor needed, even in FSBO deals

Kentwood: No. 1 in many Denver communities last year

Highlights:

  • Kentwood Realtors took a big share of the Denver market last year. 
  • Kentwood agents averaged more than $12 million in sales each in 2014.
  • Kentwood agents were involved in 1 of every 4 luxury sales last year.
While Kentwood is known for selling luxury homes, Dave Robins of Kentwood City Properties is listing this downtown condo for $384,900.

While Kentwood is known for selling luxury homes, Dane Robinson of Kentwood City Properties is listing this downtown condo for $384,900.

By John Rebchook

Realtors at Kentwood Real Estate account for fewer than 2 percent of the estimated 10,000 Realtors in the Denver metro area.

Yet, last year, its 185 Realtors had as much as a 41 percent share in some markets, according to an analysis of sales data by the privately held company. Continue reading Kentwood: No. 1 in many Denver communities last year

Columnist: Greed and fads shouldn't drive Denver's growth

Highlights:

  • Guest column.
  • Elizabeth Schlosser is a long-time historic preservationist.
  • She argues that Denver is a world-class city, that needs to be protected from greed and fads.

By Elizabeth Schlosser

Special to InsideRealEstateNews.com

Elizabeth Schlosser describes new building styles in downtown as "chaos." The city needs to protect what it has, she says.

Elizabeth Schlosser describes new building styles in downtown as “chaos.” The city needs to protect what it has, she says.

Denver is a world class city. Continue reading Schlosser: Greed, fads won’t make Denver a world-class city

New president named at RE/MAX

Highlights:

  • RE/MAX is based in Denver.
  • New president named at RE/MAX.
  • Former president is retiring after 38 years at RE/MAX

 

By John Rebchook

Geoff Lewis is the new president of RE/MAX.

Geoff Lewis is the new president of RE/MAX.

Denver-based RE/MAX has a new president. Continue reading New president named at RE/MAX

TOD tour on tap tomorrow at I-25 and Broadway

Highlights:

  • TOD planning meeting tomorrow.
  • Planners looking at TOD site at I-25 and Broadway .
  • Goal is to create transit communities.

By John Rebchook

Denver City Planners, starting at 8:30 a.m. on Saturday, will look at a TOD site at I-25 and Broadway.

Denver City Planners, starting at 8:30 a.m. on Saturday, will look at a TOD site at I-25 and Broadway.

Denver city planners at 8:30 a.m. on Saturday, May 9, will kick off a planning process for the Interstate 25 and Broadway light rail station.

The area is one of the busiest transit stations in Denver. It also is one of the city’s key TOD, or transit-oriented development sites, in Denver. Continue reading TOD tour on tap tomorrow at I-25 and Broadway