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CAR: Statewide seller's market

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Highlights:

  • The Colorado Association of Realtors releases 3rd quarter report.
  • Statewide, a seller’s market continues.
  • Condo/townhome sales strong than single-family home sales.
Snapshot of metro Denver single-family homes. Source: CAR

Snapshot of metro Denver single-family homes. Source: CAR

Low inventory, combined with rising prices, supported a strong seller’s market in most areas of Colorado during the third quarter of 2014 compared with the third quarter of 2013, according to a report released on Thursday by the Colorado Association  of Realtors. Continue reading CAR: Statewide seller’s market

Realtor of the Year named

Highlights:

  • Randy Reynolds named CAR Realtor of the Year.
  • CAR represents more than 21,000 people in Colorado.
  • The 94th annual CAR conference was held in Denver this week.
Randy Reynolds

Randy Reynolds

Randy Reynolds, a broker associate with Berkshire Hathaway Home Services Rocky Mountain in Colorado Springs, was named Colorado Realtor of the Year by the Colorado Association of Realtorss at its 94th annual convention in Denver. Continue reading Realtor of the Year named

Metrolist adds feature

Highlights:

  • Metrolist providing another listing service to members.
  • Metrolist has teamed up with ListTrac.
  • Metrolist is the largest  MLS in Colorado.

Metrolist, Colorado’s largest multiple listing service and provider of REcolorado.com, today announced the expansion of services through a partnership with ListTrac, a Southern California-based company that provides “holistic” reporting of where, when and how buyers are interacting with a broker’s real estate listings.

Continue reading Metrolist adds feature

Apartment leaders want more condos

Highlights:

  • An apartment conference drew more than 600 people.
  • One hot topic was condo defect litigation.
  • Apartment developers want reform, even though their bottom line has benefitted from the lack of condos.
A few high-end condo communities, such as 250 Columbine are under construction in Denver, but there are almost no entry level condos being built.

A few high-end condo communities, such as 250 Columbine are under construction in Denver, but there are almost no entry level condos being built.

Apartment developers want to see construction defect litigation resolved, even though financially they have benefitted hugely from the lack of new condo construction in the Denver area. Continue reading Apartment leaders want more condos

CAR names leaders

Highlights:

  • CAR holdings it convention downtown.
  • Event continues today.
  • David Barber named CAR chairman.
David Barber

David Barber

David Barber, a nine-year real estate veteran with RE/MAX Unlimited Inc., on Monday was installed as chairman of the Colorado Association of Realtors. Continue reading CAR names leaders

Fund targets Denver affordable housing

Highlights:

  • Fund could invest in Denver affordable housing.
  • Seed money coming from TIAA-CREF for $51.6 million fund.
  • Chuck Perry is Jonathan Rose’s Denver partner.
Chuck Perry

Chuck Perry

Denver is one of the cities being targeted by a $51.6 million fund launched to acquire, improve and “green” affordable housing communities. Continue reading Fund targets Denver affordable housing

Berkeley/Harvard: Hot high-end sales in RidgeGate

Highlights:

  • Berkeley Homes and Harvard Communities have teamed up at RidgeGate.
  • Their RidgeGate homes are selling fast.
  • They were honored at the recent MAME awards, the Oscars of the new home building industry.
The rear exterior of an award-winning home at RidgeGate.

The rear exterior of an award-winning home at RidgeGate.

When most people think of a high-end homes selling in the metro area, they probably think of Denver neighborhoods such as Hilltop, Cherry Creek or Country Club.

In the suburbs, at the top of the list for most people would be Cherry Hills and Greenwood Village, and possibly Castle Pines Village.

Veteran custom home builders Rich Laws and John Keith, however, have had great success at RidgeGate, an “eco-smart” community along Interstate 25 in Lone Tree, a 3,500-acre development. Continue reading Berkeley/Harvard: Hot high-end sales in RidgeGate

Bark Bar to close its current site

Highlights:

  • Bark Bar to close at 38th and Raleigh.
  • Zoning ruling came down against mixing dogs with eating and drinking.
  • Owner hopes to find another site in Denver.
Catherine Peters, with her dog, Maggie, at the Bark Bar.

Catherine Peters, with her dog, Maggie, at the Bark Bar.

Catherine Peters is throwing in the towel on her Bark Bar, at least at its current location at West 38th Avenue and Raleigh Street. Continue reading Bark Bar to close its current site

RMI constructing super-green office

Highlights:

  • Construction has begun on one of the greenest offices in the U.S.
  • The $7.5 million building is in the mountain community of Basalt.
  • It is the flagship building for the Rocky Mountain Institute.
A rendering of the new RMI building under construction in Basalt.

A rendering of the new RMI building under construction in Basalt.

Construction has begun on one of the most energy-efficient office buildings in the U.S., the flagship building for the Rocky Mountain Institute, a self-described “think-and-do” tank on best practices for energy conservation. Continue reading RMI constructing super-green office

Cities urged to follow Lakewood's leads on construction defects

Highlights:

  • Lakewood this week approved an ordinance regarding construction defect litigation.
  • Lakewood was the first.
  • A nonprofit hopes it won’t be the last.

   

Lakewood Mayor Bob Murphy at ground breaking ceremony for the Zephyr Line apartments by the St. Charles Town Co.

Lakewood Mayor Bob Murphy at ground breaking ceremony for the Zephyr Line apartments by the St. Charles Town Co.

Lakewood this week became the first city in Colorado  to take on construction defect litigation, which has brought the construction of entry-level condos to a halt in the state. Continue reading Cities urged to follow Lakewood’s leads on construction defects