Denver Real Estate Blog

From the Denver Post: Consumer confidence lacking
With Christmas less than eight weeks away, shoppers are feeling more forlorn about the economy than they have since Hurricanes Katrina and Rita battered the Gulf Coast two years ago.

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From the Denver Post: Trade show raises cachet
The arrival of SnowSports Industries America’s annual trade show in Denver in 2010 adds to the momentum in a city already revved by the Rockies’ World Series run and next summer’s Democratic National Convention, officials said Tuesday.

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From the Denver Post: Rubin urges "sound policy" to lift dollar
Former Treasury Secretary Robert Rubin said Tuesday that relying on a falling currency to stoke exports isn’t a “sound approach” and urged economic-policy changes that would strengthen the dollar.

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From the Denver Post: Rate nerves rein in stocks
Wall Street pulled back Tuesday as investors uneasy after a drop in consumer confidence traded cautiously ahead of the Federal Reserve’s rate decision.

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From the Denver Post: Home prices show biggest drop in 16 years
U.S. home prices fell nationwide in August for the eighth consecutive month, offering little hope of a turnaround anytime soon.

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From the Rocky Mountain News: Standstill to end at Gypsum development
A developer this week got a $50 million loan that will allow him to resume construction of the Brightwater Club in the mountain community of Gypsum, about 30 minutes west of Vail.

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From the Rocky Mountain News: Gypsum development a go again
A developer this week got a $50 million loan that will allow him to resume construction of the Brightwater Club in the mountain community of Gypsum, about 30 minutes west of Vail.

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From the Rocky Mountain News: Denver tops home-price index
Denver squeaked out the No. 1 ranking in a national report on home prices released Tuesday.

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From the Rocky Mountain News: Denver wants to avoid sprawl at Southmoor
The city of Denver wants future development around the Southmoor light-rail station in southeast Denver to avoid the “random, piecemeal” sprawl that exists along nearby Hampden Avenue, Peter Park, the city’s manager of planning and development, said Tuesday.

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From the Rocky Mountain News: Gage leaves Continuum for MacKenzie House
Patricia Gage has left Continuum Partners to serve as the chief financial officer of MacKenzie House, a Denver development company.

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From the Rocky Mountain News: Libeskind, developer at odds over towers
A legal spat has erupted between famed architect Daniel Libeskind and Denver developer Craig Nassi over two stalled condo towers in downtown Sacramento, Calif.

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From the Rocky Mountain News: Stapleton building ‘Gold’ certified
The U.S. Green Building Council has awarded a Gold Leadership in Energy and Environmental Design, or LEED, certification for the core and shell design of 3055 Roslyn St., Stapleton’s new office building in the East 29th Avenue Town Center.

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From the Denver Post: Real Estate Notes: Condos proposed for Aspen site
A downtown Aspen parcel ripe for a condominium hotel is on the market.

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From the Rocky Mountain News: Apartment market tightest in six years but rents dip
The Denver-area apartment market is the tightest it has been in more than six years, but the average rental rate has dipped, according to a third-quarter report by University of Denver business professor Gordon Von Stroh.

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From the Denver Post: Despite 3Q loss, builder MDC upbeat
Over the past year, MDC Holdings has gotten rid of at least 1,000 employees and reduced its land holdings by 40 percent.

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From the Denver Post: Metro apartment vacancies at lowest since 2001
The apartment vacancy rate for metropolitan Denver dropped to its lowest level in nearly seven years, according to data released today by the Apartment Association of Metro Denver.

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From the Rocky Mountain News: Sales up for new homes
Sales of new homes posted an unexpected gain in September, although the improvement came after sales had fallen to the slowest pace in more than a decade.

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From the Denver Post: Home-resales fall a record
Sales of existing homes plunged by a record amount in September while median home prices dropped by the largest amount in nearly a year, reflecting deepening problems in the troubled housing market.

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From the Denver Post: KDVR-31, builder spar over crane use
KDVR-Channel 31 is threatening a Denver developer with a temporary restraining order in an attempt to keep him from erecting a tower crane that the Fox station says could interfere with its broadcasts.

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From the Denver Post: Stocks bounce back amid Fed rumors
Wall Street recovered from steep losses Wednesday amid hopes for an imminent interest-rate cut, but stocks still closed down in response to Merrill Lynch & Co.’s credit-related losses and a sharp drop in existing-home sales.

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