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Denver Real Estate Market

Denver Rents could rise by 10% per year. Do you really want to keep paying rent?

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With a severe shortage of rentals available in Denver, and few rental buildings being built, Denver could expect to see rental rates rise 10% or more in the next few years. This means that if you are in a lease, and plan to stay there for awhile, then you should try to renew your lease before prices go up. Or, maybe it is time to think about [...]

Truth Vs. Truthiness

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I sat on a panel of REALTORS a week or so ago at the Denver Board of Realtors. One of the questions that we were asked to answer was, "What is the one piece of business advice you would give to the audience?" When the discussion turned to me, I told the group of Real Estate professionals, "Tell the truth." [...]

What do high oil prices and global unrest mean to Denver Real Estate and mortgage rates?

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With everything going on overseas and gas getting so expensive, what is going tohappen tomortgage rates and Real Estate in Denver? It is a very fair question and one I was asked yet again today from a buyer I am working with. The simple answer is that it is keeping mortgage rates low for the time being, most rates are under 5% right now, but [...]

The Neighborhoods of Northwest Denver

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What are all the neighborhoods of Northwest Denver? It can be confusing, especially for people just learning about Northwest Denver. The general name for this part of Denver is Highlands. But if you look at an actual map, and ask locals, you would learn that Highlands is really just a small part of Northwest Denver. Plus, you have West [...]

The cost of getting a mortgage is going up again. Now is the time to buy or refinance.

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Not only have interest rates been steadily rising of late, but now the cost of actually getting a mortgage is going up as well. If you are on the fence about buying or refinancing, the magic date is now April 1st to have something under contract to avoid much higher fees. This increase in cost will most impact the thriving FHA market [...]

Denver area rental home vacancy rate hits all time low, again!

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How isthe Denver area rental market doing? Great!The vacancy rate isthe lowest it has ever been since they began tracking it in 2004. For those that follow this blog, youmay realize this is the third time I have written about this in the past year. I hate to sound like a broken record, but people need to realize just how significant this [...]

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