Real Estate

Lowry is a highly sought-after neighborhood known for its well-designed layout, convenient walkability, numerous pocket parks, and comfortable suburban atmosphere. The housing options are varied, ranging from budget-friendly townhouses and condos to luxurious multi-million dollar estates. Like Denver’s Central Park neighborhood, built on the former Stapleton Airport property, Lowry offers a suburban feel, said Jessica Zalkin with 8z. “It’s right in the center of the city, but you don’t feel the hustle and bustle the way…

The Port of Fontvieille Harbor in the Principality of Monaco.Education Images | Universal Images Group | Getty ImagesThe ultrawealthy are looking for a better lifestyle and strong investment when it comes to buying their next home, according to a new study.One-quarter of American ultra-high-net individuals, or those worth $30 million or more, plan to buy a residential property this year, according to the Douglas Elliman and Knight Frank Wealth Report. The average ultra-high-net-worth individual already owns four homes,…

Apartments are seen undergoing construction on February 28, 2023 in Austin, Texas. Brandon Bell | Getty ImagesThe apartment market is finally loosening up. At the same time, competition is heating up in some key markets.There is an enormous supply of new apartments coming online this year. And rents have fallen for six straight months, now at their lowest levels since March 2022, according to search site Apartment List.For a one-bedroom apartment nationally, the latest estimated median rent is $1,207; for a two-bedroom…

Ginger Merry and Brannan Schell spent the past decade renovating and updating their 4,490-square-foot East Wash Park home. Now Merry, a radiologist and chief of breast imaging at Kaiser Permanente, and Schell, chief operating officer at tech therapy startup SonderMind, have listed it for $2.7 million. The couple bought the house on the 500 block of South Gilpin Street for $1 million in 2014. They worked with Larsen, a Denver custom home builder, to renovate the basement and add a guest suite, media room and storage. Since…

A Berkeley congregation has completed its real estate exodus. Highlands Lutheran Church sold its roughly 14,000-square-foot church at 3995 N. Irving St. last week for $1.48 million, or about $106 per square foot. It had been listed at $1.75 million. The buyer was Mounashram Inc., a faith-based nonprofit. Attempts to reach the organization were unsuccessful. Highlands Lutheran, which had been on Irving Street for the past century, moved last year to 7375 Samuel Drive, where it is renting a church from the Rocky Mountain…

House staging is a significant part of the real estate industry, and while Realtors have traditionally staged houses physically before posting a listing, it’s an expensive and time-consuming process. A startup called Virtual Staging AI is making it possible for Realtors to virtually stage a house with the help of generative AI. Virtual Staging AI, which is part of Harvard Innovation Labs, currently has 4,500 monthly paid subscribers and is looking to transform the real estate and staging industry. The startup…

A new study by the Western Mountain Resort Alliance highlights the positive role of short-term rentals in Colorado’s mountain communities. The study by RRC Associates and Inntopia found that short-term rentals in Summit County generate significant economic and social contributions, support small businesses, offer diverse accommodation options, and are unlikely to cause significantly increased housing prices. “This study confirms that short-term rentals play a valuable role in sustaining our mountain communities,” said…

In a room full of people named Daniel, what will it take to be crowned the ultimate Daniel? In the case of Real Estate, who hosted the album release show for their latest studio album Daniel in Brooklyn, having a single member in the band named Daniel wasn’t necessary. At the show, which was only open to people with some variation of the name — Danny, Danielle, Danimals Yogurt — Real Estate opened and closed their set with their rendition of Elton John‘s 1973 single “Daniel.” The band members weren’t the only…

A real estate agent walks into a home for sale in Lancaster, Ohio.Ty Wright | Bloomberg | Getty ImagesSales of previously owned homes rose 3.1% in January to 4 million units on a seasonally adjusted annualized basis, according to the National Association of Realtors. Sales were down 1.7% year over year.The count is based on closings, so the contracts were likely signed in November and December, when mortgage interest rates backed off their October high of 8%. By mid-December, the rates had hit a recent low of around 6.6%.…

Colorado is in the midst of an ongoing housing crisis. The Denver Post is looking at some of the policies and programs that individual cities have enacted to drive more affordable housing development within their borders. Reporters Joe Rubino, Seth Klamann and Aldo Svaldi are looking to talk to people living in affordable housing or who are cost-burdened and would benefit from affordable housing. If you’re interested in sharing your experience for an article, please fill out the information below. Colorado is in the…